Stocks in News : Rackspace Hosting (NYSE:RAX), UBIC (NASDAQ:UBIC), NCI Building Systems (NYSE:NCS), Evolving Systems Inc. (NASDAQ:EVOL), Key Tronic (NASDAQ:KTCC)

Technology Stocks News 15

Cloud service provider Rackspace Hosting Inc (NYSE:RAX). Monday reported a marginal rise in second-quarter profit, helped by double-digit revenue growth, largely offset by higher operating expenses. Quarterly earnings came in line with Wall Street estimates, while revenue surpassed expectations. Rackspace Hosting, Inc. (NYSE:RAX) belongs to Technology sector. Its net profit margin is 7.00% and weekly performance is 3.68%. On last trading day company shares ended up $31.31. Rackspace Hosting, Inc. (NYSE:RAX) distance from 50-day simple moving average (SMA50) is -7.93%.

UBIC, Inc. (NASDAQ:UBIC) is reporting for the quarter ending June 30, 2014. The business services company’s consensus earnings per share forecast from the 1 analyst that follows the stock is $0.00. This value represents a no change for the same quarter last year. UBIC, Inc. (NASDAQ:UBIC) shares increased 20.51% in last trading session and ended the day at $23.50. UBIC, Inc. (NASDAQ:UBIC) quarterly performance is 183.82%.

Shares of NCI Building Systems (NYSE:NCS) have earned an average rating of “Buy” from the seven ratings firms that are currently covering the company. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. On 11 August, NCI Building Systems Inc. (NYSE:NCS) shares increased 3.21% and was closed at $18.65. NCS EPS growth in last 5 year was -15.00%. NCI Building Systems Inc. (NYSE:NCS) year to date (YTD) performance is 6.33%.

Evolving Systems, Inc. (NASDAQ:EVOL), a leader in activation, enablement and management of services for connected mobile devices, on 05 Aug 2014 reported financial results for its second quarter and six months ended June 30, 2014. Revenueincreased 37% to $7.9 million from $5.8 million in the second quarter last year. It was a record quarter for revenue since the Company divested its Numbering business in 2011. License and services revenue increased 47% to $5.2 million from $3.5 million last year. Customer support revenue increased 22% to $2.8 million from $2.3 million in the second quarter last year.

Evolving Systems Inc. (NASDAQ:EVOL) ended the last trading day at $9.99. Company weekly volatility is calculated as 4.03%and price to cash ratio as 9.38. Evolving Systems Inc. (NASDAQ:EVOL) showed a weekly performance of 2.36%.

Key Tronic Corp (NASDAQ: KTCC) announced its preliminary results for the three months ended June 28, 2014. The Company currently expects to report revenue of approximately $72 million for the fourth quarter of fiscal 2014. The lower than anticipated revenue primarily reflects a temporary reduction in production levels for a longstanding customer, which are expected to return to prior levels in the first quarter of fiscal 2015. Key Tronic Corp. (NASDAQ:KTCC) shares increased 1.66% in last trading session and ended the day on $10.37. KTCC Gross Margin is 8.80% and its return on assets is 6.20%. Key Tronic Corp. (NASDAQ:KTCC) quarterly performance is -2.17%.

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