Super Micro Posts Robust Earnings
SMCI reported F2Q non-GAAP EPS of $0.35 on $356M vs. Street $0.26 on $333M (and our $0.27 on $335M). Guide was $0.25-0.31 on $320-350M. In contrast to F1Q, Geo strength was led by Asia (23% or rev. vs. 18% q/q) with IDC a particularly strong vertical in that region. EMEA (24% vs. 23% q/q) and the US (51% vs. 57% of rev. q/ q) were … Continue reading Super Micro Posts Robust Earnings
Stock in Action: A Reaction to Google’s (NASDAQ GOOG) Mixed Earnings Result
Google was expected to send out a strong Q4 earnings report which should have been a big positive for the GOOG stock. However, Google came out with an earnings report which has been a major talking point in the stock market. The Google (NASDAQ GOOG) stock also responded unfavourably after the report came out, with the stock price going down by around 2%. This is … Continue reading Stock in Action: A Reaction to Google’s (NASDAQ GOOG) Mixed Earnings Result
Diodes Reports In-Line Quarterly Results
Following in the footsteps of comparable companies, Diodes reported in-line 3Q13 results but also provided below-consensus 4Q13 revenue guidance. Management’s 4Q13 revenue guidance of -5.5% quarter over quarter (midpoint) is an indication of weaker market conditions and not indicative of the company losing market share. We are sticking with our Buy rating as we believe the company can generate >$2.00 in non-GAAP EPS once all … Continue reading Diodes Reports In-Line Quarterly Results
BBVA’s Sees Increased Profits
In the first quarter, Spain’s Grupo BBVA reported profits of EUR 1,734 million, largely driven by gains of about EUR 823 million on disposals. Impairment losses fell 51% sequentially to EUR 1,376 million on the non-recurrence of special provisions in the trailing quarter, but the benefit of this was largely offset by a 7% sequential drop in net interest income, to EUR 3,623 million, as … Continue reading BBVA’s Sees Increased Profits
Stock in Focus: What does a New High Mean To Apple (NASDAQ AAPL)?
Apple (NASDAQ AAPL) can do no wrong currently. The stock is currently reaping the success of iPhone 6 and looking forward to major releases in the coming months. Apple Pay is another major venture from Apple which looks very promising and is immensely popular among the Apple users. Apple watch is another heavily anticipated product which may take the market by storm. The stock has … Continue reading Stock in Focus: What does a New High Mean To Apple (NASDAQ AAPL)?
Pegasystems, Inc. Beats Street Estimates
Pegasystems, Inc. (PEGA) reported very strong 3Q results last night, beating our $40 million license estimate by 12% and driving total revenue 4% above our lowered forecast. EPS beat our number by $0.13 and the consensus by $0.15. The revenue upside was driven by a strong shift towards perpetual licenses, though there were no “transformational” deals, indicating solid sales execution in a category demonstrating good … Continue reading Pegasystems, Inc. Beats Street Estimates
