Notable Traders Watch list: Neonode, Inc (NASDAQ:NEON), Carrols Restaurant Group, Inc. (NASDAQ:TAST), USA Technologies, Inc. (NASDAQ:USAT)

On Wednesday, Shares of Neonode, Inc (NASDAQ:NEON), added 3.57% and closed at $1.16 in the last trading session. The last trading range of the stock ranges between $1.01 and $1.21. Neonode Inc. (NEON), the optical interactive sensing technology company, recently stated financial results for the three and nine months ended September 30, 2016.

Highlights:

First shipments of AirBar to Ingram Micro U.S. and Europe for online distribution is now available for purchase

Signed our first supply agreement for a sensor module with a U.S. automotive OEM with expected revenues of $11 million for the production lifecycle of this vehicle

Agreement for sensor modules with leading automotive Tier 1 supplier for door handles and tailgates for global automotive OEMs

Initial printer shipments from Canon and other U.S. based printer customer to be included in Q4 revenue

Signed agreement with Autoliv to bring our zForce DRIVE steering wheel module to market

Carrols Restaurant Group, Inc. (NASDAQ:TAST), jumped 4.00% and closed at $11.70 in the last trading session. The last trading range of the stock ranges between $11.00 and $11.80. The company’s Market capitalization is $377.35 Billion with the total Outstanding Shares of 35.84 million. Carrols Restaurant Group, Inc. (“Carrols” or the “Company”) (TAST) recently declared financial results for the third quarter ended October 2, 2016.

Highlights for third quarter of 2016 as compared to third quarter of 2015 include:

Restaurant sales raised 9.7% to $238.9 million from $217.7 million in the third quarter of 2015, counting $62.7 million in sales from the 207 BURGER KING® restaurants attained from 2014 to 2016(1);

Comparable restaurant sales were flat contrast to a boost of 6.5% in the prior year period;

Adjusted EBITDA(2) raised 3.2% to $22.7 million from $22.0 million in the prior year period;

Net income was $4.5 million, or $0.10 per diluted share, contrast to net income of $7.2 million, or $0.16 per diluted share, in the prior year period; and

Adjusted net income(2) was $5.6 million, or $0.13 per diluted share, contrast to adjusted net income of $7.7 million, or $0.17 per diluted share, in the prior year period. Net income and Adjusted net income were lower mostly reflecting a $2.7 million increase in depreciation and amortization expense from remodeling and acquisitions over the past year.

USA Technologies, Inc. (NASDAQ:USAT), lost -3.49% and closed at $4.15 in the last trading session. The last trading range of the stock ranges between $3.75 and $4.25. During the 52-week trading session the minimum price at which share price traded, registered at $2.68 and reached to max level of $5.81. USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services principally to the small ticket and unattended point of sale (POS) markets in the United States and internationally. The company designs and markets systems and solutions that facilitate electronic payment options, in addition to telemetry and machine-to-machine (M2M) services to remotely monitor, control, and report on the results of distributed assets containing its electronic payment solutions. Its ePort Connect solution offers POS options, card processing services, wireless connectivity, online sales reporting, M2M telemetry and DEX data transfer, over-the-air update capabilities, deployment planning, and value-added services, in addition to premium services comprising planning, project administration, installation support, marketing, and performance evaluation. The company’s products include ePort, a device that is used in self-service, unattended markets comprising vending, amusement and arcade, and various other kiosk applications, in addition to facilitates cashless payments by capturing payment information and transmitting it to its network for authorization with the payment system.

Leave a Reply

Your email address will not be published. Required fields are marked *