Home » Health » Decliners Recap: Torm A/S, Misonix, magicJack VocalTec, AutoNavi Holdings Ltd

Torm A/S (ADR)(NASDAQ:TRMD)went down 13.73% and closed at $4.40.The Company provided interim report for the first quarter. EBITDA for the first quarter of 2013 was a gain of USD 36 million compared to an EBITDA of USD -7 million in the first quarter of 2012.The cash totaled USD 17 million and undrawn credit facilities amounted to USD 53 million as of 31 March 2013.

Misonix, Inc.(NASDAQ:MSON)moved down 12.52% and closed at $5.80. Misonix, Inc. announced that Mr. Stavros Vizirgianakis has been appointed to the Misonix Board of Directors. The addition of Mr. Vizirgianakis expands the Misonix Board to seven members, with five members considered to be independent directors. Mr. Vizirgianakis is a Misonix shareholder, having acquired 5.3% of the Company’s outstanding common stock in the open market in recent years.

magicJack VocalTec Ltd(NASDAQ:CALL)slipped 11.33% and closed at $17.06.The Company released first quarter results. Total net revenues were $36.9 million. GAAP operating income for the first quarter was $15.2 million compared to $5.8 million for the first quarter of 2012.GAAP net income for the first quarter was $9.6 million compared to $8.2 million for the same period last year.

AutoNavi Holdings Ltd (ADR)(NASDAQ:AMAP)went down 9.88% and closed at $13.31.The Company reported first quarter EPS of $0.17, below the analyst estimate of $0.19. Revenue for the quarter was $34.3 million versus the consensus estimate of $40.38 million.



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