Tech Volatile Stocks: Gogo Inc (NASDAQ:GOGO), Pixelworks, Inc. (NASDAQ:PXLW), Mattson Technology, Inc. (NASDAQ:MTSN), XG Technology Inc (NASDAQ:XGTI)

Gilead Sciences GILD NASDAQ:GILD

Gogo Inc (NASDAQ:GOGO) on May 12 announced its financial results for the quarter ended March 31, 2014. The company reported record first quarter revenue of $95.7 million, up 35% year-over-year. Adjusted EBITDA for Q1 2014 was $5.3 million, up 87% from $2.9 million in Q1 2013, driven by strong performance by our CA-NA and BA segments that were partially offset by an increased segment loss in our CA-ROW segment as we continued to invest in our international expansion. Net loss attributable to common stock for Q1 2014 was $16.9 million, or $0.20 per share, compared to net loss attributable to common stock of $32.5 million, or $4.77 per share, in Q1 2013. Gogo Inc (NASDAQ:GOGO) stock performance was 4.52% in last session and finished the day at $13.42. Traded volume was 4.68million shares in the last session and the average volume of the stock remained 3.61million shares. Gogo Inc (NASDAQ:GOGO) insider ownership is 4.20%.

Pixelworks, Inc. (NASDAQ:PXLW) gained 7.30% after beating analysts’ expectations for earnings in the first quarter. For the first quarter Pixelworks reported a loss of -4 cents a share, beating the Capital IQ Consensus Estimate of -7 cents a share by 3 cents. Revenue grew 63.2% from the year-ago quarter to $13.5 million. Analysts expected revenue of $13.1 million for the quarter. Pixelworks, Inc. (NASDAQ:PXLW) rose 4.90 percent to $5.78 Wednesday on volume of 1.01million shares. The intra-day range of the stock was $5.38 to $5.88. Pixelworks, Inc. (NASDAQ:PXLW) has a market capitalization of $130.09million.

Mattson Technology, Inc (NASDAQ:MTSN) Director Richard Dyck purchased 10,000 shares of Mattson Technology, Inc (NASDAQ:MTSN) stock on the open market in a transaction dated Thursday, May 8th. The stock was purchased at an average cost of $1.90 per share, for a total transaction of $19,000.00. Following the purchase, the director now directly owns 112,400 shares in the company, valued at approximately $213,560. Mattson Technology, Inc. (NASDAQ:MTSN)’s stock on May 14, 2014 reported a increase of 2.11% to the closing price of $1.94. Its fifty two weeks range is $1.75 -$3.22. The total market capitalization recorded $142.47million. The overall volume in the last trading session was 713,750.00million shares. In its share capital, MTSN has 73.48million outstanding shares.

xG Technology, Inc. (NASDAQ:XGTI), a developer of mobile broadband network products and spectrum sharing technologies, announced it will issue first quarter 2014 results after the close of the market on Thursday, May 15, 2014. Management will hold a conference call to discuss these results at 5:00 p.m. Eastern Time on that day. Technology, Inc. (NASDAQ:XGTI) has created a broad portfolio of intellectual property that makes wireless networks more intelligent, accessible, affordable and reliable. The company has created xMax, a patented all-IP cognitive radio technology that enables robust mobile broadband communications for private, consumer and government networks. On Wednesday, shares of XG Technology Inc (NASDAQ:XGTI) dropped -77.65% to close the day at $1.69. Company monthly performance is recorded as -30.74%. XG Technology Inc (NASDAQ:XGTI) quarterly revenue growth is 20.71%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone