Updates From Technology and Utilities Space - Complementary Research on WPCS International, Transgenomic, LookSmart, UTStarcom Holdings and Spark Energy

May 18, 2015, 07:40 ET from Analysts Review

NEW YORK, May 18, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.  

Moments ago, Analysts Review released new research updates concerning several important developing situations including WPCS International Incorporated (NASDAQ: WPCS), Transgenomic Inc. (NASDAQ: TBIO), LookSmart, Ltd. (NASDAQ: LOOK), UTStarcom Holdings Corp. (NASDAQ: UTSI), and Spark Energy, Inc. (NASDAQ: SPKE). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

--

Today's update concerns the following companies:

============

Full PDF Download Links (you may have to copy and paste the following links into your browser):

WPCS Research Report: ( http://get.analystsreview.com/pdf/?c=WPCS%20International&d=18-May-2015&s=WPCS ),

TBIO Research Report: ( http://get.analystsreview.com/pdf/?c=Transgenomic&d=18-May-2015&s=TBIO ),

LOOK Research Report: ( http://get.analystsreview.com/pdf/?c=LookSmart&d=18-May-2015&s=LOOK ),

UTSI Research Report: ( http://get.analystsreview.com/pdf/?c=UTStarcom%20Holdings&d=18-May-2015&s=UTSI ),

SPKE Research Report: ( http://get.analystsreview.com/pdf/?c=Spark%20Energy&d=18-May-2015&s=SPKE ).

============

--

Analyst Update: New Contracts, Merger, and Earnings Update

U.S. stocks mostly drifted between modest gains and losses on Friday, May 15, 2015 as investors remained cautious over weaker than expected economic data. The Dow Jones Industrial Average gained 0.11%, to finish at 18,272.56, the S&P 500 rose 0.08%, to 2,122.73, and the NASDAQ Composite ended the day at 5,048.29, down 0.05%. European stocks closed lower on Friday amid rise in the value of euro against dollar. Germany's DAX 30 lost 0.98%, France's CAC 40 fell 0.71%, and London's FTSE 100 closed 0.18% lower on Friday. Meanwhile, Asian markets painted a mixed picture on Friday. The Shanghai Composite fell as expectation of Chinese stimulus measures cooled, while Hong Kong's Hang Seng and Japan's Nikkei gained on Friday.

On April 8, 2015, Yahoo Finance reported that WPCS International Incorporated, which specializes in contracting services for communications infrastructure and natural gas and petroleum transmission pipelines, has been awarded $14.4 million in new contracts during March 2015.

On April 23, 2015, Transgenomic, Inc. and Horizon Discovery Group plc announced a new Original Equipment Manufacture (OEM) agreement to incorporate Horizon's human genomic reference standards, produced by Horizon's Diagnostics division, into Transgenomic's Multiplexed ICE COLD-

PCRTM (MX-ICP) kits for use in research and clinical applications.

On April 23, 2015, LookSmart Ltd. and privately-held Pyxis Tankers Inc. jointly announced that they have entered into an Agreement and Plan of Merger, whereby Pyxis will become a publicly listed company consequent to the merger. Following the merger between LookSmart Ltd. and Pyxis' wholly-owned subsidiary, Maritime Technologies Corp., a Delaware corporation, LookSmart will spin off its existing business into a new entity called LookSmart Group, Inc.

On April 30, 2015, UTStarcom, a global telecommunications infrastructure provider, announced that it has been awarded a significant contract to support a major Carrier Wi-Fi system integration for Banglalion Communications Ltd., a leading WiMAX (Wireless Interoperability for Microwave Access) 4G operator in Bangladesh. The Company said that the partnership will further complement its efforts to expand its footprint globally and enter a new growth market.

On May 13, 2015, Spark Energy, Inc. reported its financial results for Q1 2015. For the quarter, Spark reported an adjusted EBITDA of $10.2 million on $101.8 million of revenue compared to an adjusted EBITDA of $9.3 million on $105.9 million of revenue for Q1 2014. For Q1 2015, retail gross margin was $27.9 million compared to $17.7 million for Q1 2014.

--

About Analysts Review  

At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.

--

Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider, represented by a registered analyst has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts Review