NEW YORK, May 18, 2015 /PRNewswire/ --

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Moments ago, Analysts Review released new research updates concerning several important developing situations including Charles & Colvard Ltd. (NASDAQ: CTHR), Acorn International, Inc. (NYSE: ATV), RAVE Restaurant Group, Inc. (NASDAQ: RAVE), LightInTheBox Holding Co. (NYSE: LITB), and Costamare (NYSE: CMRE). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA(R) research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

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Today's update concerns the following companies:

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Full PDF Download Links (you may have to copy and paste the following links into your browser):

CTHR Research Report: ( http://get.analystsreview.com/pdf/?c=Charles%20%26%20Colvard%20Ltd.&d=18-May-2015&s=CTHR ), [http://get.analystsreview.com/pdf/?c=Charles%20%26%20Colvard%20Ltd.&d=18-May-2015&s=CTHR), ]

ATV Research Report: ( http://get.analystsreview.com/pdf/?c=Acorn%20International&d=18-May-2015&s=ATV ),

RAVE Research Report: ( http://get.analystsreview.com/pdf/?c=RAVE%20Restaurant%20Group&d=18-May-2015&s=RAVE ),

LITB Research Report: ( http://get.analystsreview.com/pdf/?c=LightInTheBox%20Holding&d=18-May-2015&s=LITB ),

CMRE Research Report: ( http://get.analystsreview.com/pdf/?c=Costamare%20Inc.&d=18-May-2015&s=CMRE ).

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Analyst Update: Financial & Operational Results

U.S. stocks mostly drifted between modest gains and losses on Friday, May 15, 2015 as investors remained cautious over weaker than expected economic data. The Dow Jones Industrial Average gained 0.11%, to finish at 18,272.56, the S&P 500 rose 0.08%, to 2,122.73, and the NASDAQ Composite ended the day at 5,048.29, down 0.05%. European stocks closed lower on Friday amid rise in the value of euro against dollar. Germany's DAX 30 lost 0.98%, France's CAC 40 fell 0.71%, and London's FTSE 100 closed 0.18% lower on Friday. Meanwhile, Asian markets painted a mixed picture on Friday. The Shanghai Composite fell as expectation of Chinese stimulus measures cooled, while Hong Kong's Hang Seng and Japan's Nikkei gained on Friday.

On Apr. 30, 2015, Charles & Colvard, Ltd. reported its Q1 2015 (period ended March 31, 2015) financial results. The quarter produced strong top-line results as sales increased 38% to $8.4 million compared with $6.1 million in the year-ago first quarter. The Company's wholesale business revenue increased 15% to $5.9 million, and was 71% of sales for the quarter compared with $5.2 million, or 85% of sales in the previous quarter prior year.

Acorn International, Inc. announced its Q4 2014 (period ended December 31, 2014) financial results on May 13, 2015. Total net revenues were $20.6 million, a decrease of 42.4% from $35.7 million in Q4 2013. Direct sales contributed 49.2% or $10.1 million of total net revenues, down by 61.7% from $26.4 million in the same quarter last year, largely attributable to the impact of the new regulation imposed by China's State Administration of Press, Publication, Radio, Films and Television.

On May 13, 2015, RAVE Restaurant Group, Inc. reported its Q3 2015 (period ended March 29, 2015) financial results. Total consolidated revenue reported was $11.9 million, an increase of 9.1% on y-o-y basis. The Company reported a fourth consecutive quarter of positive comp sales increase at both Pie Five and Pizza Inn. Pizza Inn domestic comparable store retail sales increased 6.0% while total domestic retail sales increased by 3.0% on y-o-y basis.

On March 9, 2015, LightInTheBox Holding Co., Ltd. announced its fourth quarter 2014 financial results. Beating the expectations for revenue and topping $100 million for the first time, the Company reported net revenues as $112.1 million, an increase of 42.4% on y-o-y basis, largely attributable to a strong performance in the apparel category, increasing contribution of both repeat and new customer orders and growth in mobile commerce business.

On April 28, 2015, Costamare Inc. announced its financial results for the first quarter 2015 (period ended March 31, 2015). The Company reported Voyage revenues as $120.9 million, an increase of 5.22% from $114.9 million in the same period prior year. Net income came in at $26.3 million, up 32.8% viz-a-viz $19.8 million in Q1 2014.

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