BeaconEquity.com announces the publication of an article covering recent news from Terremark (Nasdaq: TMRK), including a surge at yesterday’s closing bell sparked by Terremark posting earnings per share of 6 cents, beating analysts' estimates.
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In the article the author writes:
“After surging at yesterday’s closing bell, shares of Terremark climbed .42% this morning to $4.82. Terremark is a Miami, Fla.-based company that runs Internet exchanges and provides other IT assistance. The company recently posted disappointing revenue of $68.9 million for the fourth quarter, an increase of 21% from the prior year quarter, but shy of Thomson Reuters mean analysts' estimate of $74 million. That's the bad news.”
Terremark’s earnings per share of 6 cents beat analysts' estimates of a penny sparking a spike in buying after the bell:
“The good news that launched a stampede of buying after the bell came from the company's earnings per share surprise of 6 cents, beating analysts' estimates of a penny by a country mile, or five miles in the case of Terremark. Terremark added fuel to the fire under traders' fannies when the company also noted $31.8 million in annual contract value was acquired through 46 new clients. Analysts didn't see this coming.”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
