Trader’s Recap : Voxeljet AG (NYSE:VJET), Vimicro International (NASDAQ:VIMC), NWY, Fleetmatics Group PLC (NYSE:FLTX), Lakeland Financial Corp. (NASDAQ:LKFN)

Technology Stocks News 5

Voxeljet AG (NYSE:VJET) (the “Company” or “voxeljet”), a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, today announced that Chief Financial Officer, Rudolf Franz, will present at the 2014 Citi Global Technology Conference in New York, NY on Thursday, September 4th, 2014. Voxeljet AG (NYSE:VJET) belongs to Technology sector. Its net profit margin is -24.20% and weekly performance is -4.11%. On last trading day company shares ended up $16.55. Voxeljet AG (NYSE:VJET) distance from 50-day simple moving average (SMA50) is -8.90%.

Vimicro International Corporation (NASDAQ:VIMC) (“Vimicro” or the “Company”), a leading video surveillance technology and solution provider in China,  announced financial results for the second quarter ended June 30, 2014. Net revenue in the second quarter of 2014 was $24.0 million, as compared to net revenue of $11.1 million in the year-ago quarter and $16.4 million in the first quarter of 2014. Surveillance revenues were $20.1 million in the second quarter, representing 83.7% of total revenues and up 272.4% year over year. Gross profit in the second quarter was $9.1 million, as compared with $4.2 million in the year-ago quarter and $5.5 million in the first quarter of 2014. The gross margin in the second quarter was 37.8%, as compared to 37.5% in the year-ago quarter and 33.7% in the first quarter of 2014. Operating expenses in the second quarter were $10.3 million, as compared to $10 million in the year-ago quarter and $8.6 million quarter over quarter. There were two one-time adjustments made to research and development and general administrative expenses in the second quarter: one was $2.5 million recovery of previously expensed purchased equipment from R&D expenses into finished goods for sale; the other was $3 million provision made for doubtful accounts of accounts receivable. Research and development expenses were $1.8 million for the quarter given the $2.5 million adjustment, as compared to $3.9 million in Q1. General and administrative expenses were $6.1 million in the second quarter including provision for doubtful accounts made, as compared to $2.4 million in Q1. Operating loss was $1.2 million in the quarter, as compared to the operating loss of $5.9 million in the year-ago quarter and the operating loss of $3.1 million quarter over quarter. Vimicro International Corp. (NASDAQ:VIMC) shares advanced 9.55% in last trading session and ended the day at $4.13. VIMC Gross Margin is 36.00% and its return on assets is -6.30%. Vimicro International Corp. (NASDAQ:VIMC) quarterly performance is 21.47%.

New York & Company Inc. (NYSE:NWY) recently announced that Broadway Week will return from September 1.14, 2014. Broadway Week gives theatre-goers the opportunity to purchase two-for-one tickets to 21 of Broadway s top shows for performances. On 03 September, New York & Company Inc. (NYSE:NWY) shares decreased -0.30% and was closed at $3.31. NWY EPS growth in last 5 year was 16.20%. New York & Company Inc. (NYSE:NWY) year to date (YTD) performance is -24.26%.

Fleetmatics Group PLC (NYSE:FLTX) introduced a new upgrade for its Fleetmatics REVEAL product, a business-intelligence based fleet management solution. Most notably, the latest version includes a significant upgrade to the Fleetmatics REVEAL Logbook feature, which allows fleet-based businesses to remove the manual step from HOS paper processing. Fleetmatics Group PLC (NYSE:FLTX) ended the last trading day at $33.21. Company weekly volatility is calculated as 2.40%and price to cash ratio as 8.02. Fleetmatics Group PLC (NYSE:FLTX) showed a weekly performance of 0.06%.

Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (NASDAQ:LKFN), announced on 21 Aug 2014 that the bank ranked fourth in its peer group in Bank Director Magazine’s 2014 Bank Performance Scorecard. The Bank Performance Scorecard is Bank Director Magazine’s ranking of the “200 largest publicly traded bank holding companies in the United States based on their 2013 financial data.” Lakeland Financial Corp. (NASDAQ:LKFN) shares decreased -0.53% in last trading session and ended the day on $39.24. LKFN return on assets is 1.30%. Lakeland Financial Corp. (NASDAQ:LKFN) quarterly performance is 9.61%.

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