8×8, Inc. (NASDAQ:EGHT), a provider of cloud-based unified communications, contact center and collaboration solutions, today announced it has earned the #1 ranking in the Infonetics Research sixth annual “North America Business VoIP Service Leadership Scorecard” report. Infonetics Research is an international market research and consulting firm specializing in emerging communications markets since 1990. The “North American Business VoIP Service Leadership Scorecard” aims to determine which service providers currently lead the market and are best positioned to succeed in the long term based on key criteria, including market strategy, service capabilities, financial stability, and support options. 8×8, Inc. (NASDAQ:EGHT) net profit margin is 5.00% and weekly performance is -6.72%. On last trading day company shares ended up $7.91. Analysts mean target price for the company is $12.33. 8×8, Inc. (NASDAQ:EGHT) distance from 50-day simple moving average (SMA50) is -23.56%.
DragonWave, Inc. (USA) (NASDAQ:DRWI) a leading global supplier of packet microwave radio systems for mobile and access networks, today announced it has opened a service and repair center in Delhi, India. The center will be supported by DragonWave’s joint venture DragonWave HFCL and will provide full, in-country repair service and support for DragonWave’s entire product portfolio. The new center allows DragonWave to better service its India customers and significantly reduce turnaround times by avoiding delays associated with import/export regulations for repairs made out of country. Subject to Indian regulatory approvals, the facility may be expanded in the future to service international customers beyond India. DragonWave, Inc. (USA) (NASDAQ:DRWI) shares fell -12.00% in last trading session and ended the day on $1.10. Gross Margin is 9.50 % and its return on assets is -46.70%. DragonWave, Inc. (USA) (NASDAQ:DRWI) quarterly performance is -25.17%.
InfoSonics Corporation (NASDAQ:IFON) the provider of verykool® wireless handset solutions and tablets, today announced results for its first quarter ended March 31, 2014. Gross profit in the first quarter of 2014 was $2.1 million, a 50% increase over $1.4 million in the 2013 first quarter. The gross profit margin as a percent of sales in the first quarter of 2014 rose to 17.8% compared to 17.7% in the 2013 first quarter. InfoSonics Corporation (NASDAQ:IFON) shares moved down -6.19% in last trading session and was closed at $2.12, while trading in range of $2.12 – $2.30. InfoSonics Corporation (NASDAQ:IFON) year to date (YTD) performance is 38.56%.
Wireless Telecom Group, Inc. (NYSEMKT:WTT) announced results for the first quarter ended March 31, 2014. For the quarter ended March 31, 2014, the Company reported net sales of $9,185,000, compared to $6,797,000 for the same period in 2013, an increase of 35%. Net sales in the Network Solutions segment were $6,390,000, compared to $3,794,000 for the same period in 2013, an increase of 68%. Net sales in the Test and Measurement segment were $2,795,000, compared to $3,003,000 for the same period in 2013, a decrease of 7%. Wireless Telecom Group Inc (NYSEMKT:WTT) ended the last trading day at $2.48 . Company weekly volatility is calculated as 5.95% and price to cash ratio as 2.87. Wireless Telecom Group Inc (NYSEMKT:WTT) showed a negative weekly performance of -3.12%.