Investor’s Alert: StemCells Inc (NASDAQ:STEM), BioScrip Inc (NASDAQ:BIOS), ON Semiconductor Corp (NASDAQ:ON)

On Monday, Shares of StemCells Inc (NASDAQ:STEM), added 1.80% and closed at $1.13 in the last trading session. The last trading range of the stock ranges between $1.05 and $1.17. StemCells, Inc., a biopharmaceutical company, engages in the research, development, and commercialization of cell-based therapeutics and related technologies. It develops HuCNS-SC platform technology, a purified human neural stem cells used as a potential therapeutic to treat diseases and disorders of the central nervous system. The company’s HuCNS-SC is in Phase I clinical trials for the treatment of Pelizeaus-Merzbacher Disease; and has accomplished a Phase I clinical trial for infantile and late infantile neuronal ceroid lipofuscinosis.`

BioScrip Inc (NASDAQ:BIOS), jumped 2.94% and closed at $1.40 in the last trading session. The last trading range of the stock ranges between $1.36 and $1.45. The company’s Market capitalization is $173.70 million with the total Outstanding Shares of 117.68 million. BioScrip, Inc. (BIOS) (“BioScrip” or the “Company”) recently declared financial results for the third quarter 2016. For the third quarter, the Company stated revenue from continuing operations of $224.5 million, net loss from continuing operations of ($11.1) million and diluted EPS of ($0.12) loss per share.

Third Quarter Highlights

Net revenue for the third quarter 2016 was $224.5 million, a decrease year over year partly as a result of lower than expected core sales volumes and partly as a result of anticipated revenue declines in connection with the ongoing shift in revenue mix to a greater percentage of core infusion revenue and less lower-margin chronic infusion revenue.  Home Solutions practiced double digit year over year core revenue growth in 2016 before its acquisition.  The core revenues of Home Solutions and its continued core growth will be accretive to the Company on a go forward basis;

Merged Loss from continuing operations, net of income taxes was $(11.1) million, an improvement of $13.4 million contrast to the prior year third quarter merged loss from continuing operations, net of income taxes of $(24.5) million. The year over year reduction in loss was the result of a prior year third quarter 2015 non-cash goodwill impairment charge, which did not recur in 2016, partially offset by lower year over year revenues and higher year over year operating expenses during the third quarter of 2016; and

Merged Adjusted EBITDA was $3.5 million for the third quarter 2016, as contrast to the $6.0 million merged Adjusted EBITDA in the prior year third quarter.  The year over year $2.5 million decrease in merged Adjusted EBITDA resulted from lower than expected core sales volumes combined with higher than expected operating expenses during the third quarter of 2016.  Preparations for the integration of the Home Solutions acquisition by the Company took a great deal of effort by administration and staff and in some respects took attention away from certain operating processes of the Company leading up to the closing of the transaction thus adversely impacting its operating results.

ON Semiconductor Corp (NASDAQ:ON), gained 1.60% and closed at $11.40 in the last trading session. The last trading range of the stock ranges between $11.18 and $11.46. Company  stock’s 52-week range is $6.97 – $12.69 ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. Its Application Products Group segment provides analog, mixed-signal, and advanced logic application specific integrated circuit and application specific standard product solutions; and solutions for voltage and current options, in addition to foundry and manufacturing services, counting integrated passive devices technology, integrated circuit (IC) design, packaging, and silicon technology offerings. The company’s Image Sensor Group segment offers complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, and image signal processors. Its Standard Products Group segment provides discrete and integrated semiconductor products that perform application functions, such as power switching, signal conditioning, circuit protection, signal amplification, and voltage reference; and develops lower capacitance protection and integrated signal conditioning products to support data transmission rates, micro packages, and switching and rectification technologies. The company’s System Solutions Group segment supplies analog and mixed signal ICs, digital signal processors, analog and digital tuners, intelligent power modules, and memory and discrete semiconductors. ON Semiconductor Corporation’s devices are used in various end-products, such as automotive electronics, smartphones, media tablets, wearable electronics, computers, servers, industrial building and home automation systems, consumer white goods, imaging systems, LED lighting, power supplies, networking and telecom equipment, medical diagnostics, imaging and hearing health, and sensor networks, in addition to the Internet-of-Things.

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