Author: Colin Pettis

Colin Pettis covers the senior semiconductor sector and is a managing director at Tech Insider, joining in 2012. Colin has 20 years of experience in equity research including 15 years in semiconductor components. Colin is currently responsible for the coverage of 18 large-cap and small-cap semiconductor companies.
news, Software

After-Hours Market Movers – PERY, CHMT, EOG

Perry Ellis International, Inc. (NASADQ:PERY) in Monday after-hours reports fiscal 2014 preliminary Q4 results for the quarter ended February 1 2014. PERY expects adjusted EPS to be in the range of $0.02-$0.05 while revenues are expected to decline 16% to approximately $216 million compared to revenues of $258 million last year. Analysts polled by Capital IQ are expecting EPS of $0.71 on revenues of $272.4 … Continue reading After-Hours Market Movers – PERY, CHMT, EOG

Colin Pettis
FB Nasdaq FB Facebook
Analysis, Energy

Energy Stocks Still Higher Nearing Market Close

Energy stocks eased slightly from their earlier highs with the NYSE Energy Sector Index rising about 1.7% in late trade while shares of energy companies in the S&P 500 were ahead nearly 1.8% as a group. Crude oil for April delivery settled 62 cents higher at $102.82 per barrel while March natural gas shed 39 cents today to finish at $4.62 per 1 million BTU. … Continue reading Energy Stocks Still Higher Nearing Market Close

Colin Pettis
Services Sector

Services Sector Gainers: Empire Resorts Inc, Command Security Corporation, Chegg Inc and Hastings Entertainment

EPR Properties and partner Empire Resorts, Inc. (NASDAQ:NYNY) unveiled its new $750-million Adelaar four-season destination casino resort to be built at the site of the former Concord Resort. Empire Resorts Inc. (NASDAQ:NYNY) stock performance was 6.79% in last session and finished the day at $7.23. Traded volume was 206,422.00 shares in the last session and the average volume of the stock remained 133,662.00 shares. The … Continue reading Services Sector Gainers: Empire Resorts Inc, Command Security Corporation, Chegg Inc and Hastings Entertainment

Colin Pettis
BioTech

VCA Antech Reports In-Line Results

After the markets closed on Thursday, February 13, VCA Antech (NASDAQ:WOOF) reported fourth-quarter results that were generally in line with expectations. Sales of $435.5 million grew 4.1% from the prior-year period and were a bit shy of the $444.5 million consensus forecast; adjusted earnings per share registered at $0.31—up 10.7% year-over-year and spot on the Street’s $0.31 target. The animal hospital division reported 0.9% same-store … Continue reading VCA Antech Reports In-Line Results

Colin Pettis
Software, Tech IPO

TechTarget Has Muted Outlook but Strong Forecasts for 2014

TechTarget (TTGT) reported essentially in-line 3Q13 results as revenue growth in product offerings and international were able partially offset ongoing weakness in the North American IT Market. Total revenue fell 10% year over year, and while 4Q revenue guidance of a 7% year over year decline at the mid-point calls for minimal improvement, management cited a return to double-digit growth in Online revenue for 2014 … Continue reading TechTarget Has Muted Outlook but Strong Forecasts for 2014

Colin Pettis
Software, Tech IPO

Geeknet Posts 30% Revenue Growth in Third Quarter

Geeknet reported strong 3Q13 revenue growth of 30% to $22.4 million vs. the 22% Street estimate, reflecting a significant quarter over quarter increase in new product launches and increased penetration in the wholesale channel. Adjusted EBITDA of a loss of $831,000 also exceeded our forecast, highlighting what we believe are sustainable margin improvements over the longer term, spearheaded by strong hires at the beginning of … Continue reading Geeknet Posts 30% Revenue Growth in Third Quarter

Colin Pettis