Hot Stocks Alert: Camtek LTD. (NASDAQ:CAMT), PGT, Inc. (NASDAQ:PGTI), CenturyLink, Inc.(NYSE:CTL)
Lakeway, NY — (MARKET NEWS CALL) — 7/29/2014— Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on Camtek LTD. (NASDAQ:CAMT), PGT, Inc. (NASDAQ:PGTI), CenturyLink, Inc.(NYSE:CTL).
Camtek LTD. (NASDAQ:CAMT)’s stock is trading at $3.43. The company on July 29 announced its financial results for the quarter ended June 30, 2014. Revenues for the second quarter of 2014 were $23.2 million. This is a 4% improvement compared to revenues of $22.3 million in the second quarter of 2013. Net income on a GAAP basis in the quarter totaled $2.0 million (8.7% of revenues) or $0.07 per share, compared to a net income of $0.3 million (1.5% of revenues) or $0.01 per share in the second quarter of 2013. Net income on a non-GAAP basis in the quarter was $2.3 million (10.0% of revenues) or $0.08 per share, compared to non-GAAP net income of $1.0 million (4.5% of revenues) or $0.03 per share in the second quarter of 2013.
PGT, Inc. (NASDAQ:PGTI)’s shares gained 20.60% to $8.91. The company on July 28 announces financial results for its second quarter and six months ended June 28, 2014. financial highlights for the second quarter ended June 28, 2014, compared to the same period last year, include: Net sales of $81.6 million, an increase of $18.8 million, or 29.9%; Net income of $7.8 million compared to net income of $7.7 million, after adjusting for expenses related to our second quarter of 2013 secondary offering, and debt refinancing, and a discrete tax item; Net income per diluted share of $0.16 compared to net income per diluted share of $0.14, after adjusting for expenses related to our second quarter of 2013 secondary offering, debt refinancing, and a discrete tax item.
Additionally, the company on July 28 announced that it has entered into a definitive agreement with CGI Windows & Doors Holdings, Inc. (a portfolio company of Cortec Group Fund, IV, LP) pursuant to which CGI will become a wholly owned subsidiary of PGT. The transaction, valued at approximately $111 million, is consistent with PGT’s plan to grow strategically while contributing to earnings growth through targeted acquisitions of complementary specialty products. The acquisition is expected to be accretive in 2015.
CenturyLink, Inc.(NYSE:CTL)’s shares gained 16.65% to $43.98. The company on July 15 announced it has been recognized by analyst firm Gartner, Inc. as a leader in the Magic Quadrant for Cloud-Enabled Managed Hosting, Europe. Evaluation for the report was based on vendors’ completeness of vision, including market understanding, offering strategy and innovation, among other criteria. The Magic Quadrant also assesses ability to execute, which includes capabilities, overall viability and customer experience.
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Tags: Camtek LTD. (NASDAQ:CAMT), CenturyLink, Inc. (NASDAQ:PGTI), Inc. (NYSE:CTL), PGT