Posts Tagged ‘MTSL’

MER Telemanagement Solutions Ltd. (MTSL) soars on improved second quarter results

Friday, August 17th, 2012

MTS Telemanagement SolutionsShares of Israel-based business support systems provider MER Telemanagement Solutions Ltd. (Nasdaq: MTSL) soared as much as 77 percent from Thursday’s closing price in morning trading on Friday after the company announced improved results for the second quarter of 2012 over the same period last year.

MTSL hit an intraday high of $2.84 per share on Friday, up from Thursday’s closing price of $1.60.

Revenue for the second quarter was $3.3 million, up from $3 million in the same period a year ago. Operating income from the quarter skyrocketed to $517,000, a 170 percent improvement over operating profit of $191,000 for the same quarter a year earlier. Net income improved to $460,000, or 10 cents per share, up from $229,000 or 5 cents per share in the second quarter of 2011.

“Our second quarter results represent continued improvements in our financial results and indicators as a result of our efforts to develop our Telecom Expense Management opportunities through partners, new customer acquisitions and expanding our existing customer base,” said Eytan Bar, CEO of MTS in an August 16 press release. “In addition, our company’s Billing and Mobile Virtual Network Operator (MVNO) activity as a managed service has grown and we were able to sign an additional managed service agreement with a new MVNO in the U.S. and we see other opportunities in this market. We are looking forward to improving both our top and bottom line performance.”

Shares of MTSL are up more than 50 percent over the past three months.

 

Tags: , , , ,
Posted in Business Services, Penny Stocks, Technology Stocks | No Comments »

MTSL mounts charge, MSFT solid, AWR takes on water

Thursday, December 2nd, 2010

MER Telemanagement Solutions Ltd. (NasdaqCM: MTSL) improved 32.04 percent in price to $2.72 as Thursday’s session wound down. Volume of 153,319 shares was twice-and-a-half MTSL’s normal full-day average volume. The company is an Israel-based global provider of business support systems (BSS) for comprehensive telecommunication management, telecommunications expense management (TEM) solutions and customer care & billing (CC&B) solutions

Microsoft Corporation (NasdaqGM: MSFT) was among the volume leaders late Thursday afternoon, trading in 74,178,631 shares, outpacing its full-day average of 57,943,600. MSFT shares inched up 3.19 percent to $26.87. Thursday, Norton Healthcare announced it had entered into an agreement with Microsoft Corp. to use its health solutions platforms, Microsoft Amalga Unified Intelligence System (UIS) and Microsoft HealthVault

American States Water Company (NYSE: AWR) lost 8.40 percent in price Thursday to $34.13, on volume of 414,085 shares, or nearly five times its full-day average. Through its subsidiaries, AWR provides water service to approximately 256,000 Californians and to over 13,000 customers in, Arizona.

Tags: , , , , , , ,
Posted in Technology Stocks | No Comments »

VOLT bolts higher, BAC busy, MTSL takes lickin’

Monday, November 29th, 2010

Voltaire Ltd. (NasdaqGM: VOLT) gained 34.6 percent in price Monday to $8.65. Volume approaching noon was 3,117,260 shares, easily trumping its three-month average share volume of 33,022. The leading provider of scale-out data center fabrics announced today a definitive agreement under which Mellanox Technologies Ltd. will acquire 100 percent of VOLTs outstanding ordinary shares for cash at a price of $8.75 per share, or a total equity value of approximately $218 million ($176 million net of cash).

Bank Of America Corp. (NYSE: BAC) was among late Monday morning’s volume leaders, trading in 60,345,222 shares, on track of its three-month average share volume of 197,194,000. BofA Merrill Lynch Global Research announced today it has introduced the Global Financial Stress Index (GFSI), a comprehensive, cross-market gauge of risk, hedging demand and investment flows. The index is designed to help investors identify market risks earlier and more accurately than commonly used risk indicators, such as the VIX index.

MER Telemanagement Solutions Ltd. (NasdaqCM: MTSL) fell in price early Monday by 13.02 percent to $1.87. Volume by noon was 77,694 shares, surpassing its three-month average share volume of 51,500. MTSL is an Israeli-based global provider of business support systems for comprehensive telecommunication management, telecommunications expense management solutions and customer care & billing solutions

Tags: , , , , , , ,
Posted in Financial Stocks, Industrial Stocks, Technology Stocks | No Comments »