Stock Watch: Analyst Comments Lift PurchasePro Inc. rose 3 to 41 9/16 Friday following reports that Credit Suisse First Boston analyst Christopher Vroom expects the B2B company to beat revenue estimates for the second quarter.

The company’s first quarter results came in ahead of expectations, with a 575 percent increase in revenue to $4.5 million. Chairman Charles E. Johnson, Jr. has agreed not to take cash or stock compensation until his company turns a profit, according to published reports.

Leave a Comment

Please sign in to post or reply to a comment. New users create a free account.

E-Commerce Times Channels