Acacia Research (NASDAQ:ACTG) Falls in recent Quarter, FuelCell Energy, Inc. (NASDAQ:FCEL) Warns about Guidance

Acacia Research Corporation (NASDAQ:ACTG) on Friday declared results for the three months concluded on March 31, 2013.

Revenues in the initial quarter of 2013 came in $76,861,000, in contrast to $99,040,000 in the same quarter a year ago.

GAAP net income in the initial quarter of 2013 came in as $5,113,000, or $0.11 per diluted share, as contrasted to GAAP net income of $49,928,000, or $1.09 per diluted share for the same quarter last tear.

The share price of Acacia Research Corp (NASDAQ:ACTG) after ranging between $21.31 and $27.46 ended -27.32% lower to settle at $21.49. During the past 52 weeks, the stock has ranged from a high of $44.98 to a low of $19.86.So far this year, shares have down -16.25% and 1-year performance was around -46.69%.

FuelCell Energy, Inc. (NASDAQ:FCEL) a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, on Friday gave an update on its formerly declared plans to ramp to a 70 megawatt (MW) annual run-rate and the job creation arising from the demand for its highly efficient and environmentally responsive stationary fuel cell power plants.

FuelCell Energy, Inc. (NASDAQ:FCEL) moved +9.99 per cent higher at $0.990 and traded between $0.91 and $1.03 after opening the day at $0.91. Its performance over the last five days remained 10.00%, which stands at -1.00% for a month. Going back further than one month, 1-year performance after recent close was -20.80%.

DO NOT TRADE ANY STOCK WITHOUT LEVEL 2 STOCK QUOTES! delivers it's user with the most in-depth Level 2 Quotation System available on the Planet! NO Downloads, NO Widgets, NO Plugins required! Stay on TOP of your trades with! CLICK HERE TO START YOUR FREE 30-DAY TRIAL

This entry was posted in Latest Headlines, Services and tagged , , , , , . Bookmark the permalink.