On Thursday, in the course of current trade, Shares of Dex Media, Inc. (NASDAQ:DXM), dropped -45.69%, and is now trading at $1.45.
Dex Media, declared the launch of its new customer relationship administration platform, DexLnk.
DexLnk offers small and medium-sized businesses a free platform for managing all customer data and communications in one place. The pilot product assists Dex Media clients build and manage customer lists, accept appointments using an online calendar, and send customers confirmations and reminders via email and text messaging. In addition, the tool, which is fully optimized for mobile devices, enables business owners to send special offers based on customer preferences, and monitor the results of their marketing programs from a comprehensive dashboard. Additional features and functionality are accessible at different price tiers.
The pilot test began with a segment of Dex Media’s existing client base, and the company is planning a full product launch during the latter half of 2015.
Dex Media, Inc. provides local marketing solutions to business clients in the United States. The company publishes yellow page directories that provide various paid advertising options, counting listing options; in-column advertisement options that comprise bolding, special fonts, color, and special features, such as logos; display advertising options, which allows businesses to comprise information, illustrations, photographs, and logos; and specialty advertising options that allow businesses to target specific consumers. It also publishes white page directories, which provides white page listings that comprise name, address, and phone number of the residences and businesses.
During an Afternoon trade, Shares of iCAD, Inc. (NASDAQ:ICAD), dipped -41.19%, and is now trading at $4.68, hitting its lowest level.
iCAD, declared that Noridian, the Medicare Administrative Contractor in Jurisdictions E and F, which comprises of 13 states primarily on the West Coast, has made recent web postings related to Coding for High Dose Rate Brachytherapy for Non-Melanoma Skin Cancers which instruct physicians to report CPT code (17999) rather than the established CPT code (0182T) for electronic brachytherapy for non-melanoma skin cancers. The Company, industry partners and physician providers have reached out to the Centers for Medicare and Medicaid Services (“CMS”) and Noridian to seek clarification of the Medicare Coverage Articles posted to Noridian’s web sites.
The Company is proactively addressing the situation in its dialogue with Noridian and CMS. At this point, there is insufficient clarification of the reimbursement matter to assess the potential impact that this matter could have on the Company’s guidance for 2015. Any noteworthychanges in CPT reimbursement from current levels could have a material impact on the Company’s revenues.
iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the early identification and treatment of cancer in the United States and internationally. It operates through two segments, Cancer Detection and Cancer Therapy.
Shares of Global Power Equipment Group Inc. (NYSE:GLPW), during its Thursday’s current trading session fell -30.88%, and is now trading at $8.46, hitting its lowest level.
Global Power Equipment Group, declared that it will delay the filing of its Form 10-Q for the first quarter of 2015 and restate its financial results for the annual period ended December 31, 2014. As a result, the Company is also withdrawing its formerly issued earnings guidance for 2015 at this time.
Preliminary First Quarter 2015 Results
The Company has not yet finalized its financial results for the first quarter of 2015 primarily because the precise extent to which costs should have been recognized in 2014 rather than carried forward to 2015 has not been determined. Until the Company has finalized its accounting for the 2014 full year, in addition to accomplished and filed an amendment to the preceding report to correct the errors talk abouted above, the Company will be unable to file its Quarterly Report on Form 10-Q for the quarter ended March 29, 2015. While the Company plans to request a five-day extension to file its Form 10-Q with the United States Securities and Exchange Commission, the Company does not anticipate it will meet the extended deadline.
Global Power Equipment Group Inc. provides custom engineered equipment, and modification and maintenance services in the United States, Canada, Europe, Mexico, Asia, the Middle East, South America, and internationally.
Finally, One Horizon Group, Inc. (NASDAQ:OHGI), lost -24.86% Thursday.
One Horizon Group, declared financial and operational results for the calendar year ending December 31, 2014.
One Horizon developed a proprietary VoIP platform (“Horizon Platform”) that enables wireless carriers around the world to provide customized and optimized voice and data services over any mobile, fixed and satellite network through an easy to install mobile App. Its SmartPacket™ technology underlying the Horizon Platform enables greater bandwidth efficiency by reducing IP overhead and optimizing packet flow, delivery and playback. One Horizon targets emerging markets with high population densities, high penetration of mobile phones, congested mobile networks, and high growth in smartphone adoption. In this context, it has formed planned relationships with local partners in India, Russia and China.
The Company has negotiated with some tier-2 customers to change the contractual billing arrangements from fixed price for licenses and maintenance services supplied, to a revenue share arrangement where the Company receives a percentage of all future revenue generated by the customers from services to their subscribers using the Horizon platform. In the medium to long term this is predictable to generate greater recurring income over a longer term especially with customers operating in niche areas with limited subscriber numbers with high Average Revenue Per User.
2014 and Recent Highlights
- To address the noteworthygrowth in China, the Company:
- Implemented rollout of the Aishou B2C service with virtual SIM solution; accessible on major App stores.
- Commenced the first phase of its infrastructure rollout in six major cities in China - Tianjin, Beijing, Chongqing, Changchun, Nanjing and Shijiazhuang.
- Continued its focus on emerging markets with high population densities, high penetration of mobile phones, congested mobile cellular networks and high growth in the adoption of smartphones, specifically:
- Smartfren Telecom, Tbk in Indonesia commenced the rollout of a pre-paid VoIP Smartphone App using One Horizon’s software platform
- Smartfren Telecom, Tbk in Indonesia commenced the delivery of its Andromax Android smartphones with their One Horizon app, branded SmartCall, pre-installed at the factory
- One Horizon and Singapore Telecommunications Limited (“SingTel”) signed agreement to deliver optimized VoIP to smartphones for mobile satellite users
- Smart Communications, Inc. launched a pre-paid VoIP Smartphone App using One Horizon’s optimized software platform.
One Horizon Group, Inc., through its auxiliaries, develops and licenses software solutions to telecommunications operators in Europe, Asia, the Russian Federation, and the United States. The company develops Horizon platform, a bandwidth-efficient voice over Internet protocol platform for smart phones and tablets; and provides optimized data applications, counting multi-media messaging and mobile advertising.
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