Category: Semiconductors

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
Semiconductors, Tech IPO

GSE Systems, Inc. Reports a Respectable Q3 in a Tough Environment

Last night, GSE Systems, Inc. (GVP) reported a good quarter, delivering contract revenue upside, in line GAAP EPS and relatively stable backlog in its 3Q13 earnings report. Despite posting a respectable performance, the company is still feeling the impact from stalled nuclear and non-nuclear simulator projects in the US, and from cancelled and delayed nuclear projects in Japan and Germany. We’re reiterating our Speculative Hold … Continue reading GSE Systems, Inc. Reports a Respectable Q3 in a Tough Environment

Kristen Barton
Diversified Tech, Finance, Semiconductors, Tech IPO

Mineral Resources Posts Impressive Full Year Results

Mineral Resources’ AUD 180 million fiscal 2013 net profit comfortably exceeded analyst’s AUD 141 million forecast. Despite a 26% fall in headline profit, versus fiscal 2012, underlying profit increased 11% and marks an impressive seventh consecutive year of profit growth since the company listed in 2006. However, we maintain our thesis that inadequate operational and financial disclosure creates high uncertainty in both earnings forecasts and … Continue reading Mineral Resources Posts Impressive Full Year Results

Mark DoerrLeave a comment
BioTech, Diversified Tech, Semiconductors, Tech IPO

Avago Technologies to Acquire LSI Corp at 41% Premium

On Monday morning, it was announced that Avago Technologies (AVGO), a leader in advanced optical, analog and mixed-signal chip design, will acquire LSI Corp (LSI), a strong market participant in hard disk drive semiconductor, system-level silicon for communications and server applications and flash storage solutions. AVGO will pay $6.6 billion for LSI, or $11.15 per LSI share. This is a 41% premium from Friday’s close … Continue reading Avago Technologies to Acquire LSI Corp at 41% Premium

Mark DeFrance
Finance, Semiconductors

Aon’s Q1 Growth Weaker Than Expected

Aon’s first-quarter results showed weaker-than-expected growth in HR Consulting. Overall, the company reported 2% growth in revenue and essentially no change in operating margins at 18.5%. The company reported adjusted operating income–net of restructuring charges and amortization of intangible assets–of $538 million, up about 2% from a year ago. Revenue growth slowed significantly within the consulting segment. The unit reported a 1% year-over-year increase due … Continue reading Aon’s Q1 Growth Weaker Than Expected

Chris LewisLeave a comment