NEW YORK, August 10, 2016 /PRNewswire/ --
Stock-Callers.com has on its radar four Technology equities, which are Finisar Corp. (NASDAQ: FNSR), CDW Corp. (NASDAQ: CDW), Ciber Inc. (NYSE: CBR), and Extreme Networks Inc. (NASDAQ: EXTR). As per an article in NASDAQ, shares of tech companies in the S&P 500 rose about 0.2% just ahead of the closing bell on Tuesday, August 09, 2016. Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration
On Tuesday, shares in Sunnyvale, California headquartered Finisar Corp. ended the session 1.68% higher at $19.93. The stock recorded a trading volume of 963,672 shares. The Company's shares have advanced 9.15% in the last month, 25.03% over the previous three months, and 37.07% since the start of this year. The stock is trading 10.50% above its 50-day moving average and 29.78% above its 200-day moving average. Moreover, shares of Finisar, which provides optical subsystems and components for data communication and telecommunication applications in the US, Malaysia, China, and internationally, have a Relative Strength Index (RSI) of 65.31. FNSR complete research report is just a click away at: http://stock-callers.com/registration/?symbol=FNSR
Lincolnshire, Illinois-based CDW Corp.'s stock climbed 1.91%, to close the day at $45.85. A total volume of 1.57 million shares was traded, which was above their three months average volume of 1.10 million shares. The Company's shares have advanced 12.08% in the last month, 10.55% in the previous three months, and 9.64% on an YTD basis. The stock is trading 9.57% above its 50-day moving average and 11.26% above its 200-day moving average. Additionally, shares of CDW Corp., which distributes information technology (IT) solutions in North America and the UK, have an RSI of 79.25.
On August 3rd, 2016, CDW Corp. reported that total net sales were $3,665 million for Q2 2016, compared to $3,314 million in Q2 2015, an increase of 10.6% The company's net income was $118 million in Q2 2016, compared to $108 million in Q2 2015, representing an increase of 8.6%. Non-GAAP net income, which excludes acquisition-related intangible asset amortization, expenses related to non-cash equity compensation, acquisition and integration expenses, and certain other items, was $156 million in Q2 2016 compared to $139 million in Q2 2015, representing an increase of 11.9%.The complimentary report on CDW can be downloaded at: http://stock-callers.com/registration/?symbol=CDW
Shares in Greenwood Village, Colorado headquartered Ciber Inc. recorded a trading volume of 1.34 million shares at the close of the last trading session, which was above their three months average volume of 813,230 shares. The stock ended the day 13.59% higher at $1.17. The Company's shares are trading below their 50-day moving average by 19.76%. Furthermore, shares of Ciber, which operates as an independent software vendor or channel partner; and provides project management, application and technical consulting, and database administration for implementation projects and managed-services, have an RSI of 43.16.
On August 4th, 2016, Ciber reported that revenue was $165.9 million in Q2 2016, a 17% decline in constant currency and 16% drop in U.S. dollars, compared to Q2 2015. The company reported that GAAP net loss from continuing operations was $51.7 million in the reported quarter, or $0.64 per share. GAAP results include a non-cash impairment charge in Q2 2016 of $29.6 million. Sign up for your complimentary report on CBR at:
San Jose, California headquartered Extreme Networks Inc.'s shares finished Tuesday's session 2.50% higher at $4.10. A total volume of 884,652 shares was traded, which was above their three months average volume of 548,420 shares. The stock has advanced 12.64% in the last one month, 18.50% over the previous three months, and 0.49% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 12.71% and 17.37%, respectively. Furthermore, shares of Extreme Networks, which provides software-driven networking solutions worldwide, have an RSI of 72.97.
On August 3rd, 2016, Extreme Networks reported that GAAP revenue was $139.6 million and non-GAAP revenue was $140.0 million in Q4 FY16. The company's GAAP net loss for Q4 FY16 was $2.3 million, or $0.02 per basic share, and non-GAAP net income was $10.2 million, or $0.10 per diluted share. For the full fiscal year 2016, Extreme Networks reported GAAP revenue of $528.4 million, compared to $552.9 million for fiscal 2015.
On August 04th, 2016, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $3.75 a share to $4.30 a share. Download the research report for free on EXTR at: http://stock-callers.com/registration/?symbol=EXTR
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 http://stock-callers.com/legal-disclaimer/
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