Author: Chris Lewis

Chris Lewis is Tech Insider's Senior Equity Research analyst covering Internet and Interactive Entertainment. Prior to joining TI in 2011, Chris spent six years at Baird Capital having established the company’s Internet and Video Game research practice. Prior to Wall Street, Chris was a business analyst developing software at Chubb Corporation, and was a co-founder and CFO of Latin American career services website Detacuche.com. Chris appears frequently in the financial and industry press, including CNBC, Bloomberg, CNN, Wall Street Journal, and Financial Times, among others.
BioTech, Diversified Tech

Pacific Biosciences Posts Encouraging Quarterly Results

PacBio reported results that were in line with our expectations but slightly ahead of consensus. Revenue was $9.1 million, relative to our estimate of $9.8 million and consensus of $8.8 million, and loss per share was $0.26, relative to our estimate and consensus of loss per share of $0.28. The company booked orders for 9 PacBio RS systems in the quarter (versus our estimate of … Continue reading Pacific Biosciences Posts Encouraging Quarterly Results

Chris Lewis
Services Sector, Software, Tech IPO

InterActiveCorp Set to Report After the Bell

InterActiveCorp is set to report 3Q13 results today after the close. While we believe it is generally understood that 3Q is expected to be a trough for the affiliate search market, reflecting the timing of implementation of certain Google policy changes, soft CPC results and limited Network revenue growth could indicate incremental pressure on IAC’s 3Q Search results. As an offset, however, Match growth is … Continue reading InterActiveCorp Set to Report After the Bell

Chris Lewis
Finance

Notable Stocks in Focus: Medtronic, Inc. (NYSE:MDT), Brunswick Corporation (NYSE:BC), Penn National Gaming Inc. (NASDAQ:PENN), Limoneira Company (NASDAQ:LMNR), Brady Corp. (NYSE:BRC)

On Jan 27, Medical technology giant Medtronic, Inc. (NYSE:MDT) has finally completed the $42.9 billion takeover of its Irish counterpart Covidien plc , subsequent to the receipt of the Irish Court’s verdict in favor of the acquisition agreement. Medtronic, Inc. (NYSE:MDT) belongs to Healthcare sector. Its net profit margin is 16.80% and weekly performance is -3.27%. On last trading day company shares ended up $73.01. … Continue reading Notable Stocks in Focus: Medtronic, Inc. (NYSE:MDT), Brunswick Corporation (NYSE:BC), Penn National Gaming Inc. (NASDAQ:PENN), Limoneira Company (NASDAQ:LMNR), Brady Corp. (NYSE:BRC)

Chris Lewis
Finance

5 Active Stocks: Oracle Corporation (NYSE:ORCL), General Electric Company (NYSE:GE), Orbital Sciences Corp. (NYSE:ORB), CR Bard Inc. (NYSE:BCR), Citrix Systems, Inc. (NASDAQ:CTXS)

Oracle Corporation (NYSE:ORCL) Service Cloud Enables Organizations to Better Understand the Customer Journey and Drive Service Collaboration. Latest Release Delivers New Features for More-Connected Customer Engagements and Improved Service Experiences. Oracle Corporation (NYSE:ORCL) belongs to Technology sector. Its net profit margin is 28.10% and weekly performance is -1.84%. On last trading day company shares ended up $42.69. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving … Continue reading 5 Active Stocks: Oracle Corporation (NYSE:ORCL), General Electric Company (NYSE:GE), Orbital Sciences Corp. (NYSE:ORB), CR Bard Inc. (NYSE:BCR), Citrix Systems, Inc. (NASDAQ:CTXS)

Chris Lewis
Finance

Investors Should Watch: Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK), American Airlines Group Inc. (NASDAQ:AAL), General Communication Inc. (NASDAQ:GNCMA), BioCryst Pharmaceuticals (NASDAQ:BCRX), OceanFirst Financial (NASDAQ:OCFC)

On Jan 22, Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) announced that Birgit M. Schoeberl, Ph.D. has been named the new head of its Discovery division. Ulrik B. Nielsen, Ph.D. will be stepping down as the head of the Discovery division and has been elected to serve on Merrimack’s Board of Directors. Anthony J. Sinskey, Sc.D. will also be resigning from the Board of Directors and will continue … Continue reading Investors Should Watch: Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK), American Airlines Group Inc. (NASDAQ:AAL), General Communication Inc. (NASDAQ:GNCMA), BioCryst Pharmaceuticals (NASDAQ:BCRX), OceanFirst Financial (NASDAQ:OCFC)

Chris Lewis
Finance

Stock Alert: SAP SE (NYSE:SAP), Sprint Corporation (NYSE:S), TigerLogic Corporation (NASDAQ:TIGR), Ascena Retail Group Inc. (NASDAQ:ASNA), Ameren Corporation (NYSE:AEE)

Europe’s biggest software group SAP SE (NYSE:SAP) could eventually see its software delivered via the cloud deliver higher profit margins than its traditional packaged software, its finance chief told a newspaper.”Such contracts become profitable over time. In the long term, they can definitely become more profitable than our classic licence sales,” Luka Mucic told the Euro am Sonntag business weekly in an interview published on … Continue reading Stock Alert: SAP SE (NYSE:SAP), Sprint Corporation (NYSE:S), TigerLogic Corporation (NASDAQ:TIGR), Ascena Retail Group Inc. (NASDAQ:ASNA), Ameren Corporation (NYSE:AEE)

Chris Lewis