Stock Alert for Dex One Corp. (DEXO)
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    Small-Cap Stock Spotlight: Dex One Corp. (DEXO)

    Small-Cap Stock Spotlight: Dex One Corp. (DEXO)

    Shares of marketing solutions provider Dex One Corp. (NYSE: DEXO) rose 15.69% to $1.77, continuing gains of the previous two days.  Over 4.43 million shares traded hands during the session, versus the 10-day average of 955.54 K.

    Over the last 52 weeks, the stock has ranged from a low of $0.36 to a high of $9.42. It is currently trading above its 50-day moving average of $1.24 and above its 200-day moving average of $1.43. Market capitalization currently stands at 88.91 million and it has 50.23 million outstanding shares.

    The Cary, NC-based company last month announced its results for the third of 2011, reporting net revenue of $360 million and adjusted EBITDA of $146 million. The Company recorded adjusted net revenue of $435 million and adjusted EBITDA of $200 million for the comparable quarter of 2010.

    Dex One CEO Alfred Mockett commented that the Company marginally exceeded third-quarter ad sales guidance despite both the secular pressure on its print products and difficult local business conditions, adding that the company is making steady progress towards its goal of returning to growth, albeit more slowly than the company originally expected.

    For the full year, the company continues to expect revenue in the range of $1.48 billion to $1.50 billion. The company forecast full-year operating loss (midpoint), cash flow from operations (midpoint) and total debt (including fair value discount) to be $420 million, $428 million and $2.54 billion, respectively.

    Shares of DEXO have gained 18.0% in the last five days and 12.7% in the last month.  Year-to-date, the stock is down 76.1%.

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