Category: Diversified Tech

Diversified Tech, Semiconductors

E2open, Inc. Posts Results, Lowers Outlook

EOPN reported fiscal second quarter 2014 results last night, delivering total revenue and subscription that met our forecast while non-GAAP EPS of $(0.10) beat our (and the Street’s) estimate by a nickel. While the important metrics of subscription revenue and bookings guidance for FY14 remain intact, investors are likely to focus on the meaningfully lowered outlook for total revenue and EPS, which was attributed to … Continue reading E2open, Inc. Posts Results, Lowers Outlook

Ryan Holtz
Diversified Tech, Semiconductors

RealD Inc. Posts Strong Fiscal Third Quarter Results

RealD reported strong fiscal third-quarter results; revenue and profitability came in ahead of expectations. Total revenue of $55.4 million was above the consensus estimate of $50.4 million and adjusted EBITDA of $21.3 million were well above the consensus estimate of $15.2 million. Licensing revenue of $35.6 million was above the consensus estimate of $34.2 million, and product revenue of $19.8 million was above consensus of … Continue reading RealD Inc. Posts Strong Fiscal Third Quarter Results

John Bellich
BioTech, Diversified Tech

WEX Posts Another Strong Quarter With Upside

WEX reported solid fourth-quarter results. Revenue grew 15% year-over-year and 8% from the prior quarter, to $182 million, and was above our estimate of $178 million and consensus of $177 million. Fourth-quarter adjusted EPS, excluding stock comp expense, were $1.17, above our $1.11 estimate. Including stock comp, adjusted EPS were $1.13, versus our $1.07 estimate, exceeding the top end of management guidance by $0.01. The … Continue reading WEX Posts Another Strong Quarter With Upside

Mark Doerr
Diversified Tech, Software

NetSuite Reports Another Solid Quarter

NetSuite reported another solid quarter last night, delivering total revenue, subscription revenue and billings above our (and the Street’s) expectations. Consistent with prior periods, Q3 was driven by increasing average deal sizes from the company’s move up market, good retention in the installed base and an increasingly effective channel partner network. Management maintained its customary upbeat tone on the call, highlighting the good performance and … Continue reading NetSuite Reports Another Solid Quarter

Mark Doerr
BioTech, Diversified Tech

Improved Outlook for Solera Drives Another Increase to Guidance

Solera reported relatively in-line fiscal second-quarter results on Wednesday, February 5, and meaningfully increased its guidance for fiscal 2014. Adjusted EPS of $0.64 in the fiscal second quarter were $0.02 higher than our estimate and in line with the consensus. Revenue growth of 14% year-over-year in the quarter (about 6% organically) was in line with our estimate and a touch below the consensus. Management attributed … Continue reading Improved Outlook for Solera Drives Another Increase to Guidance

Jason Knox
Diversified Tech, Venture Capital

CGX Acquisition on Track for R.R. Donnelley

The R.R. Donnelley pending acquisition of Consolidated Graphics (CGX) recently received regulatory approval and is expected to close in 1Q14. The transaction is still subject to approval of CGX shareholders, who will receive $34.44 in cash and 1.651 shares of RR Donnelley per CGX share plus Donnelley’s assumption of Consolidated Graphics debt of about $98 million for a total estimated purchase price of $746 million, … Continue reading CGX Acquisition on Track for R.R. Donnelley

Mark DeFrance