Communication Equipment Most Volatile Stocks: CalAmp Corp. (NASDAQ:CAMP), NetGear (NASDAQ:NTGR), Zhone Technologies (NASDAQ:ZHNE), Barracuda Networks (NYSE:CUDA)

Technology Stocks News 17

CalAmp Corp. (NASDAQ:CAMP) issued its quarterly earnings data on Thursday. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.01. CalAmp Corp. (NASDAQ:CAMP) stock performance was -24.40% in last session and finished the day at $18.62. Traded volume was 5.73million shares in the last session and the average volume of the stock remained 894.93K shares. The beta of the stock remained 2.04. CalAmp Corp. (NASDAQ:CAMP) insider ownership is 3.90%.

NetGear Inc (NASDAQ:NTGR) shares saw strong trading volume on Friday following a stronger than expected earnings report, Analyst Ratings.Netreports. 569,483 shares traded hands during mid-day trading, an increase of 47% from the previous session’s volume of 386,982 shares. NetGear, Inc. (NASDAQ:NTGR) dropped -6.25 percent to $32.27 Friday on volume of 1.01million shares. The intra-day range of the stock was $31.97 to $35.75. NetGear, Inc. (NASDAQ:NTGR) has a market capitalization of $1.18billion.

Zhone Technologies Inc (NASDAQ:ZHNE) plunged -20.91% after the company reported its quarterly results. Revenue for the first quarter of 2014 was $28.6 million, compared to $32.3 million for the fourth quarter of 2013 and $28.4 million for the first quarter of 2013. Zhone Technologies Inc (NASDAQ:ZHNE)’s stock on Apr 25, 2014 reported a decrease of -9.97% to the closing price of $2.89. Its fifty two weeks range is $0.76 -$6.62. The total market capitalization recorded $93.44million. The overall volume in the last trading session was 930,775.00million shares. In its share capital, ZHNE has 32.32million outstanding shares.

After several quarters of losses, Barracuda Networks Inc (NYSE:CUDA) has made a profit in its final three months of fiscal 2014, ended 28 February, paving the way for a profitable 2015. Revenues were $60m in the quarter, up 15 per cent year on year, and a sliver up on the third quarter’s $59.4m. Net income for Q4 2014 was $3m, which compares to a $1.8m loss a year ago and a $2.1m loss in the third quarter. On Friday, shares of Barracuda Networks Inc (NYSE:CUDA) advanced 0.07% to close the day at $27.71. Company return on investment (ROI) is 2.90% and its monthly performance is recorded as -14.08%. Barracuda Networks Inc (NYSE:CUDA) quarterly revenue growth is -17.53%.

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