Volume Poppers: Cree Inc, Crocs Inc, Akamai Technologies, F5 Networks


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NASDAQ:CREE / NASDAQ:AKAM
04/24/2013 [ACCESSWIRE]

NEW YORK, April 24, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Cree Inc, Crocs Inc, Akamai Technologies, F5 Networks.

Cree, Inc.(NASDAQ:CREE) shares decreased 7.63% to $53.32. The company on April 23 said its third quarter profit surged to $22.2 million or $0.19 per share from $9.5 million or $0.08 per share last year. Adjusted
earnings improved to $0.34 per share from $0.20 per share a year ago. Analysts expected earnings of $0.34 per share for the quarter. Cree's total revenues grew 23 percent to $348.9 million from $284.8 million last year. Analysts expected revenues of $342.76 million for the quarter.

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Crocs, Inc. (NASDAQ:CROX) shares gained 0.64% to $15.64. The company, on April 10, announced it was named the Comfort/Wellness Footwear Brand of the Year at the UK Footwear Industry Awards ceremony in Birmingham, England. The Footwear Industry Awards seek to recognize those in the footwear industry who display innovation and forward thinking, alongside traditional sales and business acumen.

Additionally, the company announced that it will release the results of its first quarter ended March 31, 2013 on Wednesday, April 24, 2013 at approximately 4:00 pm Eastern Time. At 5:00 pm Eastern Time that same day,
the Company will host a conference call to discuss these results.

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Akamai Technologies, Inc.(NASDAQ:AKAM) shares gained 0.03% to $35.48. Zacks reissued their neutral rating on shares of Akamai Technologies in a research report released on April 19. Zacks currently has a $35.00 price
target on the stock.

Additionally, the company on April 23 released its Fourth Quarter, 2012 State of the Internet Report. Based on data gathered from the Akamai Intelligent Platform(TM), the report provides insight into key global
statistics including connection speeds, attack traffic, and network connectivity and availability, among many others.

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Nearly 700 million unique IPv4 addresses from 240 countries/regions connected to the Akamai Intelligent Platform -- 4.2 percent more than in the third quarter of 2012 and 13 percent more than in the fourth quarter of 2011.

F5 Networks, Inc.(NASDAQ:FFIV) shares gained 0.01% to $72.34. The company, on April 5, announced preliminary results for the second quarter of fiscal 2013, ended March 31. Revenue for the quarter is expected to be $350.2 million, below the company’s guidance of $370 million to $380 million. GAAP EPS is expected in the range of $0.79 to $0.80 per diluted share, versus the guidance of $0.93 to $0.96 per diluted share. 

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Non-GAAP EPS is expected in the range of $1.06 to $1.07 per diluted share, versus the guidance of $1.21 to $1.24 per diluted share.

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