Trader’s Recap: Applied Micro Circuits Corporation (NASDAQ:AMCC), Medallion Financial Corp (NASDAQ:TAXI), Illumina (NASDAQ:ILMN), Palo Alto Networks Inc (NYSE:PANW), Rexahn Pharmaceuticals (NYSEMKT: RNN)

On 12 JUNE Applied Micro Circuits Corporation (NASDAQ:AMCC) reported $0.01 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.08. The company had revenue of $51.80 million for the quarter, compared to the consensus estimate of $52.25 million. Applied Micro Circuits’s revenue was down 8.0% compared to the same quarter last year. Analysts expect that Applied Micro Circuits will post $0.18 EPS for the current fiscal year. Applied Micro Circuits Corporation (NASDAQ:AMCC) net profit margin is -2.60% and weekly performance is 8.62%. On last trading day company shares ended up $11.09. Analysts mean target price for the company is $13.25. Applied Micro Circuits Corporation (NASDAQ:AMCC) distance from 50-day simple moving average (SMA50) is 16.77%.

Medallion Financial Corp (NASDAQ:TAXI) reported $0.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.26 by $0.01. Analysts expect that Medallion Financial Corp. will post $1.12 EPS for the current fiscal year. Medallion Financial Corp (NASDAQ:TAXI) shares fell -6.28% in last trading session and ended the day on $11.94. TAXI Gross Margin is 76.80% and its return on assets is 4.50%. Medallion Financial Corp (NASDAQ:TAXI) quarterly performance is -12.27%.

On 6 JUNE Illumina, Inc. (NASDAQ:ILMN) announced the pricing of an offering of $550 million aggregate principal amount of its 0% convertible senior notes due 2019 (the “2019 Notes”) and $450 million aggregate principal amount of its 0.5% convertible senior notes due 2021 (the “2021 Notes” and, together with the 2019 Notes, the “Notes”). The Notes are being offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Illumina, Inc. (NASDAQ:ILMN) shares moved down -0.67% in last trading session and was closed at $169.38, while trading in range of $166.59 – $173.44. Illumina, Inc. (NASDAQ:ILMN) year to date (YTD) performance is 53.16%.

Palo Alto Networks Inc (NYSE:PANW) reported $0.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.01. The company had revenue of $150.70 million for the quarter, compared to the consensus estimate of $146.13 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 48.8% on a year-over-year basis. Analysts expect that Palo Alto Networks will post $0.40 EPS for the current fiscal year. Palo Alto Networks Inc (NYSE:PANW) ended the last trading day at $80.63. Company weekly volatility is calculated as 3.77% and price to cash ratio as 16.89. Palo Alto Networks Inc (NYSE:PANW) showed a positive weekly performance of 4.17%.

On 12 JUNE Rexahn Pharmaceuticals, Inc. (NYSEMKT: RNN) provided an overview of its three clinical development programs and financial results for the quarter ended March 31, 2014. Rexahn Pharmaceuticals, Inc. (NYSEMKT: RNN)’s cash and investments totaled $40.3 million as of March 31, 2014, compared to $19.0 million as of December 31, 2013. Rexahn’s net loss was $14.6 million, or $0.09 per share, for the first quarter of 2014, compared to a net loss of $1.5 million, or $0.01 per share, for the comparable period in 2013. Rexahn Pharmaceuticals, Inc. (NYSEMKT: RNN) weekly performance is 0.83%. On last trading day company shares ended up $0.908. Analysts mean target price for the company is $2.83. Rexahn Pharmaceuticals, Inc. (NYSEMKT: RNN) distance from 50-day simple moving average (SMA50) is -4.73%.

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