Earnings: Monster Digital, Tix, ApolloMed, Talon

Shares of Monster Digital Inc. rose nearly 40 percent after reporting quarterly financial results. The Simi Valley electronics manufacturer reported a net loss of $1.47 million (-45 cents a share) for the quarter ended Sept. 30, compared to a loss of $1.83 million (-39 cents) for the same quarter last year. Revenue increased 427 percent to $4.1 million. No analysts follow the company, according to Thomson Financial Network. Shares closed Tuesday up 38 percent or 40 cents to $1.45 on the Nasdaq. Tix Corp. (TIXC) had lower revenues and net income for the most recent quarter on Tuesday. The Studio City company, which sells tickets to Las Vegas attractions, reported net income of $455,000 (3 cents a share) for the quarter ended Sept. 30, compared to $1.59 million (9 cents) for the same period last year. Revenue decreased 12.4 percent to $5.29 million. No analysts follow the company. Shares closed Tuesday down 5.7 percent or 10 cents to $1.65 on the over-the-counter market. Apollo Medical Holdings Inc. (AMEH) had widening losses despite higher revenue in its most recent quarter. The Glendale health care management company reported a net loss of $1.36 million (-23 cents a share) for its fiscal second quarter ended Sept. 30, compared to a loss of $531,000 (-11 cents) for the same quarter last year. Revenue grew 29 percent to $14.6 million. No analysts follow the company. ApolloMed reported its financial results late Monday. Shares closed Tuesday unchanged at $4.50 on the over-the-counter market. Talon International Inc. turned profitable in the most recent quarter, the company announced Monday. The Van Nuys zipper maker reported net income of $20,695 (0 cents a share) for the quarter ended Sept. 30, compared to a loss of $90,353 for the same quarter last year. Revenue grew 8.6 percent to $10.9 million. No analysts follow the company. Shares closed unchanged at 13 cents on the over-the-counter market.