The Market In A Minute: IntriCon Corporation (IIN), Alcatel Lucent SA (ADR) (ALU), CoStar Group Inc (CSGP)

IntriCon Corporation (NASDAQ:IIN)’s financial and operational performance so far this year has given the management the confidence that they can do more to accelerate growth. Commenting on the performance of the latest quarter, 3Q2014, the company’s CEO, Mark S. Gorder, said their business had shown clear positive momentum this year. As such, they hope to take advantage of the growth foundation already in place to anchor the business for more and better results in the future.

IntriCon Corporation (NASDAQ:IIN) guided fiscal 2014 revenue to increase in the range of 20-30%. Analysts on the average expect revenue for the period in the band of $67.25 million.

IntriCon Corporation (NASDAQ:IIN) generated revenue of $17 million in the latest quarter, up from revenue of $12.3 million last year. Earnings this time around were also better at $0.09 per share, ahead of a loss of $0.14 per share in the same period last year.

Are expert analyst predicting a future consolidation of IIN?

Alcatel Lucent SA (ADR) (NYSE:ALU) delivered a pleasantly surprising 3Q in which losses narrowed even though the revenue column still remained in distress. Experts have cited that the French telecom equipment maker was sending the correct signals ahead of schedule. It means a turnaround in the company is now clearly within reach. However, more still needs to be done in cost-cutting and revenue acceleration.

Alcatel Lucent SA (ADR) (NYSE:ALU) targets to achieve 1 billion euros in cost-savings by the end of next year. The company already is half-past that mark. Aggressive cost-cutting efforts saw the company boosting its gross margins to 34% in the latest quarter from 32% in the same one last year.

Do analyst foresee a double-top for ALU?

CoStar Group Inc (NASDAQ:CSGP), a provider of information solutions to the real estate industry, turned out to be an asset for its shareholders and the company delivered improve financial results. The company’s 3Q was so exciting that the management went as a far as providing an upbeat outlook for the balance of the year.

CoStar Group Inc (NASDAQ:CSGP)’s non-GAAP EPS rose to $0.87 from $0.71 in the same quarter last year. The company now expects EPS of $3.22-$3.26 for the full-year 2014.

Shares of CoStar Group Inc (NASDAQ:CSGP) have declined more than 12% since the beginning of this year.

Learn what the indicators are telling the analyst about CSGP.

About the Author

Sally joined the US Markets Daily News Team in April 2011 as a Multimedia Journalist.

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