iRobot (IRBT) and Unisys (UIS) Bang-up Results, LiveDeal (LIVE) Reacts to Insider Confidence |
Posted: October 22, 2014 |
Keep a close eye on IRBT. It reported an outstanding third quarter, with results that exceeded its expectations and the company is increasing its EPS and Adjusted EBITDA guidance. For the third quarter 2014, IRBT posted revenue of $143.5 million, a 15.25% increase year over year, net income of $14.6 million, or $0.48 per diluted share, compared to net income of $7.8 million, or $0.26 per diluted share, in the same period the prior year, and Adjusted EBITDA of $29.7 million, versus $17.2 million in the third quarter 2013. IRBT has raised its guidance for the full year fiscal 2014, and the company now expects Earnings Per Share to be between $1.20 and $1.25 and Adjusted EBITDA of $77 to $80 million, from its prior guidance of EPS in the range of $1.10 to $1.20 and Adjusted EBITDA of $74 to $78 million. IRBT designs and builds robots that make a difference. IRBT's home robots help people find smarter ways to clean, its defense & security robots protect those in harm's way, and its remote presence robots enable virtual presence from anywhere in the world. IRBT's robots feature proprietary technologies incorporating advanced concepts in navigation, mobility, manipulation and artificial intelligence. More about iRobot Corporation (IRBT) at www.irobot.com. **
CRWE is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of website communities. The CRWE Network has reached the 1438th community website in the U.S., associated with 3318 ZIP Codes, and includes coverage of the greater state of California, Northern and Southern Nevada, New York State, Wellington in Florida, Hattiesburg in Mississippi and 10 provinces in Canada. CRWE and PolarWeb Media, LLC reported a Joint Venture agreement to engage in increasing web traffic to selected websites. CRWE will receive 50% of the revenues generated by PolarWeb Media through the use of the CRWE Network, with PolarWeb Media having the remaining 50%. PolarWeb Media, LLC will focus on driving traffic and generating ad revenues. CRWE has included the City of Newburgh, NY ( www.newburgh.ny.crwe-pr.com ) to the CRWE Network. Newburgh, NY offers links to the regional transportation system, including Interstate I-84 and the New York State Thruway (I-87), navigable Hudson River access, and proximity to Stewart International Airport; scenic beauty; a rich cultural and architectural history, and organizations willing to invest time and capital to stimulate redevelopment. With an estimated population in 2013 (U.S. Census Bureau) of approximately 28,480, Newburgh, NY represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet. More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com **
UIS reported solid performance on its financial results. For the third quarter 2014, UIS posted revenue of $883 million, an 11% increase year over year, and net income of $47.8 million, or $0.95 per diluted share, which included $17.9 million of pension expense, compared with a net loss of $11.6 million, or a loss of ($0.26) per diluted share, which included $22.6 million of pension expense, in the same period the prior year. Excluding pension expense in both periods, non-GAAP diluted earnings per share in the third quarter of 2014 was $1.30, versus $0.25 in the third quarter of 2013 UIS is a global information technology company that solves complex IT challenges at the intersection of modern and mission critical. More about Unisys Corporation (UIS) at www.unisys.com. **
Shares of LIVE surged on Tuesday's trading session, following the announcement that the company's CEO may purchase up to 250,000 shares of LIVE common stock in open-market transactions. According to LIVE, the purchases may commence as early as Thursday, October 23 and may continue thereafter for an indeterminate period of time. Once complete, LIVE's CEO may consider the purchase of additional shares in subsequent open-market transactions. LIVE's CEO believes the company remains highly undervalued in the market and the proposed stock purchases is symbolic of his confidence in LIVE. LIVE provides marketing solutions that boost customer awareness and merchant visibility on the Internet. LIVE operates a deal engine, which is a service that connects merchants and consumers via an innovative platform that uses geo-location, enabling businesses to communicate real-time and instant offers to nearby consumers. More about LiveDeal Inc. (LIVE) at www.livedeal.com ** Disclaimer: The assembled information disseminated by CRWE-PR Finance is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Crown Equity Holdings Inc. (CRWE) will receive 50% of the revenues generated by PolarWeb Media through the use of CRWE’s sites, with PolarWeb Media having the remaining 50%. Entire Disclaimer at www.finance.crwe-pr.com/disclaimer
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