Pre-market: Traffix beats Q2 revenue expectations
Pearl River, N.Y.-based Traffix, Inc. (Nasdaq: TRFX) had net revenue of $19.8 million for the quarter ended May 31, 4.4% higher compared with net revenue of $19.0 million a year earlier, the interactive media company reported this morning. Analysts were forecasting revenue of $18.5 million. Shares are up $0.01, or 0.16%, to $6.45.
Shares of Asiainfo Holdings, Inc. (Nasdaq: ASIA) are higher following news this morning that the Chinese software solutions company has signed a contract with a subsidiary of China Telecom to deploy an integrated account inquiry system. The stock is up $0.23, or 2%, to $10.50.
San Diego-based Hollis-Eden Pharmaceuticals, Inc. (Nasdaq: HEPH) reported this morning that an ongoing Phase I of a drug for the treatment of metabolic disorders appears to be safe and well tolerated by healthy volunteers. Shares are up $0.18, or 9%, to $2.11.
Shares of Syntax-Brillian Corp. (Nasdaq: BRLC), a developer of high-definition televisions, are in positive territory on news this morning that the Tempe, Ariz.-based company reaffirmed its previous revenue guidance of between $190 million and $210 million for the quarter ended June 30. Wall Street is forecasting $196.37 million. The stock has added $0.88, or 16%, to $6.44.
Shares of Jones Soda Co. (Nasdaq: JSDA) are flat following an article on Sunday, July 15, in the Seattle Post Intelligencer that said the company has joined forces with specialty retailer The Buckle Inc. (NYSE: BKE). Anyone trying on three pairs of jeans at a Buckle specialty retail store will receive a free can of Jones Pure Cane Soda. The stock is flat at $16.25.
