NEW YORK (TheStreet) -- KEYW Holding (KEYW) shares are up 4.5% to $12.65 in after-hours trading on Thursday after announcing a collaboration with Oracle's (ORCL) National Security Group on advanced solutions for mission applications and advanced analytic developments for KEYW's government customers.
"We're excited about the possible efficiencies, particularly in the ability to lower the footprint of certain datacenters in some cases by an order of magnitude... The goal of the collaboration is to provide active defense capability to Oracle's NSG facility in Reston, VA in the near term for demonstration to commercial and federal customers," said CEO Len Moodispaw.
TheStreet Ratings team rates KEYW HOLDING CORP as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate KEYW HOLDING CORP (KEYW) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow."