Earning’s Announcements Under Review: EVOL, AEZS, API, CPGI
NEW YORK, NOVEMBER 14, 2012 — (Net PR News) — Evolving Systems, Inc. (NASDAQ: EVOL) stock on November 13, 2012 showed a bearish movement of -0.71% and finished the day at $6.95. Evolving Systems, Inc. (NASDAQ: EVOL) reported its third quarter and nine-month period ended September 30, 2012 financial results. In the third quarter, Revenue advanced 60% to $6.8 million year over year. License and services revenue increased 147% to $4.7 million, while Customer support revenue remained $2.1 million. Operating income grew to $1.7 million, a $2.2 million positive swing over the third quarter of the previous year.
Evolving Systems, Inc. (NASDAQ: EVOL) provides software solutions and services to the wireless, wireline, and cable markets. Evolving Systems, Inc. was founded in 1985 and is headquartered in Englewood, Colorado.
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AEternaZentaris Inc. (USA) (NASDAQ:AEZS) stock after opening at $2.08, gained the high price range the previous trading day of $2.14 and then closed at $2.09 by falling-0.48%. The 52 week range of AEZS remained $2.00 – $13.00. AEternaZentaris Inc. (USA) (NASDAQ: AEZS) has updated its financial and operating results for the Q3 of 2012, ended September 30. For the third quarter, Net finance income (costs) totaled $(0.9) million, versus $9.3 million for the third quarter of 2011. The company has reported Net loss totaled $6.6 million , or $0.35 per basic and diluted share for the quarter ended September 30, 2012, versus a net income of $1.1 million , or $0.07 per basic and $0.06 per diluted share, for the third quarter of 2011.
AEternaZentaris Inc. (USA) (NASDAQ: AEZS), a late-stage biopharmaceutical company, engages in the discovery, development, and commercialization of drugs for oncology and endocrine therapy primarily in the United States, Switzerland, and Japan.
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Advanced Photonix, Inc. (NYSEAMEX:API) traded with the opening price of $0.64 and at the end of the trading day closed at $0.670 by scoring +7.18%, while the market capitalization of API was 20.87 million on November 13, 2012. The day range of API remained $0.62 – $0.72. Advanced Photonix, Inc. (NYSEAMEX: API) has announced the financial results for the 2ndquarter ended September 28, 2012. Net sales for the quarter were $5.6 million, reduced $2.8 million or 33% as compared to the 2nd quarter ended September 30, 2011. Gross profit margin for the 2nd quarter of 2013 was 35.3% of sales, as weighted against to .7% for the same quarter of fiscal 2012.
Advanced Photonix, Inc. (NYSEAMEX: API) engages in the development, manufacture, and sale of optoelectronic devices and sub-systems primarily in North America, Asia, Europe, and Australia.
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China Shengda Packaging Group Inc. (NASDAQ:CPGI) on November 13, 2012, the stock showed a bearish movement of -1.65% and remained with market capitalization of 46.16 million. The year to date performance of the stock remained positive +35.23%. China Shengda Packaging Group Inc. (NASDAQ: CPGI) has reported its third quarter 2012 financial results. Revenues reduced -1.8% to $33.0 million, as compared to $33.6 million in the previous year quarter.
China Shengda Packaging Group Inc. (NASDAQ: CPGI), through its subsidiaries, engages in the design, manufacture, and sale of flexo-printed and color-printed corrugated paper cartons primarily in the People’s Republic of China.
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