Raymond James Downgrades Active Network (ACTV) to Market Perform

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Northland Securities Downgrades Active Network (ACTV) to Market Perform

November 2, 2012 10:16 AM EDT

Northland Securities downgraded Active Network (NYSE: ACTV) from Outperform to Market Perform with a price target of $9.00 (from $20.00) following Q3 results and weak guidance.

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Active Network (ACTV) Tops Q3 EPS by 1c; Guides

November 1, 2012 4:45 PM EDT

Active Network (NYSE: ACTV) reported Q3 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $109.2 million versus the consensus estimate of $110.37 million.

Active Network sees Q4 2012 revenue of $93-97 million, versus the consensus of $102 million.
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