NEW YORK, August 12, 2016 /PRNewswire/ --
The Diversified Communication Services space includes companies that provide multiple communication technologies to consumers and businesses. Stocks in this industry often pay below-average yields, but there remain a handful of high-dividend payers. Under evaluation on Stock-Callers.com today are: BlackBerry Ltd (NASDAQ: BBRY), Vonage Holdings Corp. (NYSE: VG), Towerstream Corp. (NASDAQ: TWER), and Iridium Communications Inc. (NASDAQ: IRDM). Sign up today and download for free the research reports for the stocks covered today at:
Waterloo, Canada headquartered BlackBerry Ltd's shares rose 0.64%, finishing Thursday's session at $7.88. A total volume of 2.78 million shares was traded. Over the last month and the previous three months, the stock has advanced 17.79% and 19.21%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 11.50% and 6.71%, respectively. Additionally, shares of BlackBerry, which designs, manufactures, and markets wireless solutions for the mobile communications market worldwide, have a Relative Strength Index (RSI) of 69.81.
On August 10th, 2016, BlackBerry announced that its AtHoc software has received a Certificate of Networthiness and Authority to Operate with the US Army through April 2019. The fulfillment of these essential information assurance and security requirements means that the AtHoc networked crisis communication software will remain in uninterrupted use protecting nearly 600,000 US Army personnel at more than 65 Army facilities around the world. BBRY complete research report is just a click away at:
On Thursday, shares in Holmdel, New Jersey headquartered Vonage Holdings Corp. ended the session 1.75% lower at $5.63. The stock recorded a trading volume of 1.78 million shares. The Company's shares have gained 44.36% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.70% and 6.10%, respectively. Moreover, shares of Vonage Holdings, which provides communications services connecting people through cloud-connected devices worldwide, have an RSI of 45.89.
On August 2nd, 2016, Vonage Holdings reported revenues of $234 million for Q2 2016, up from $222 million in the year ago quarter. The company's GAAP net income was $1 million, or $0.00 per share, during the reported quarter, down from $8 million, or $0.04 per share, in the year ago quarter, due to acquisition related costs, while adjusted net income was $18 million, or $0.08 per share, up from $14 million, or $0.07 per share, in the year ago quarter.
On August 03rd, 2016, research firm Dougherty & Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $6 a share to $8 a share. The complimentary report on VG can be downloaded at:
Middletown, Rhode Island headquartered Towerstream Corp.'s stock fell 0.42%, to close the day at $2.39 with a total volume of 168,947 shares traded. Shares of the Company, which together with its subsidiaries, provides fixed wireless broadband services and delivers access over a wireless network transmitting over regulated and unregulated radio spectrum to commercial customers in the US, are trading 21.09% below their 50-day moving average. The stock has an RSI of 35.70.
On August 9th, 2016, Towerstream reported that Q2 2016 revenue increased 2% over Q1 2016 to $6.9 million, the Company's first q-o-q increase since Q4 2013. The company noted that OnNet customers increased by 48% in Q2 2016 as against Q1 2016. 71% of OnNet customers added in Q2 were secondary installs. Sign up for your complimentary report on TWER at:
Shares in McLean, Virginia headquartered Iridium Communications Inc. recorded a trading volume of 477,679 shares. The stock ended the session at $8.67, slightly down 0.69%. The Company's shares have gained 5.09% in the previous three months and 3.09% on an YTD basis. The stock is trading above its 200-day moving average by 9.20%. Furthermore, shares of Iridium Communications, which provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers worldwide, have an RSI of 44.92.
On July 28th, 2016, Iridium Communications reported net income of $26.9 million, or $0.22 per diluted share, for Q2 2016 as compared to $26.0 million, or $0.21 per diluted share, for Q2 2015. The company reported Q2 2016 total revenue of $109.2 million, which consisted of $83.5 million of service revenue and $25.7 million of revenue related to equipment sales and engineering and support projects. Both total revenue and service revenue increased 7% versus the comparable period of 2015. Download the research report for free on IRDM at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA