Stock Market Alert: IFON took a beating on Friday, trading down over 27% to close the regular session at $4.20 after the company reported their Q3 earnings results. The company reported 5 cents per share of earnings on revenues of $67.6 million dollars, compared to a lone analyst estimate of 7 cents per share of earnings on revenues of $71.9 million dollars. The stock closed perilously close to its 52 week low of $3.90.
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