Shares of Analog Devices (ADI) are down 46 cents, or 1.3%, at $35.50 in early trading after the company last night beat fiscal Q4 estimates and forecast above the Street’s Q1 expectations, but warned of some “potentially lower consumer demand” ahead.
Auriga Securities analyst Daniel Berenbaum this morning reiterated a “Sell” [...]
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Shares of Hewlett-Packard (HPQ) are up 44 cents, or 1%, at $43.64 in late trading after the company announced fiscal Q4 revenue and earnings per share beat expectations, and the company guided above the Street’s Q1 and 2011 estimates.
Q3 revenue rose 8%, year over year, to $33.3 billion, yielding earnings [...]
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Mentor Graphics (MENT) posted better-than-expected results for its fiscal Q3 ended October 31.
For the quarter, the EDA software provider reported revenue of $238.9 million and non-GAAP profits of 22 cents a share, above the Street consensus at $220.1 million and 16 cents.
For Q4, the company sees revenue of $293 million [...]
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Netlist (NLST) shares are trading sharply lower on a disappointing Q3 financial report, and a downgrade of the shares by Needham analyst Richard Kugele.
For the quarter the memory subsystems company reported revenue of $10.6 million, a hair above the Street at $10.5 million, but with a loss of 20 cents [...]
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China Sunergy (CSUN) this morning posted higher-than-expected Q3 profits.
The solar cell and and module company reported revenues of $125.8 million, a tad below the Street consensus at $126 million, with profits of 37 cents a share, well above the Street at 20 cents.
CSUN also said it expects to ship 102-108 [...]
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InterDigital (IDCC) this morning said it sees Q4 revenue of $92 million to $94 million, above the Street consensus at $91.3 million. But the technology licensing company also said the quarterly total includes $4.3 million in revenue from a customer whose agreement with IDCC “is expected to terminate” due to [...]
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SunPower (SPWRA) this afternoon posted much better-than-expected Q3 results.
For the quarter, the company reported revenue of $550.6 million non-GAAP profits of 26 cents a share, sharply above the Street consensus at $471.7 million and 13 cents.
For Q4, the solar company sees revenue of $870 million to $970 million, with non-GAAP [...]
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Alcatel-Lucent (ALU) shares are down sharply following the telecom equipment company’s Q3 financial results.
For the quarter, the company posted revenue of 4.074 billion Euros, up 10.5% year over year and 6.8% sequentially. Results translate to $5.796 billion, which is well above the Street at $5.18 billion. The company noted that [...]
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Ctrip.com International (CTRP), the China-based online travel service, posted better-than-expected Q3 results. For the quarter, the company reported revenue of $121.3 million and profits of 31 cents per ADS. That’s above the Street consensus at $116.9 million and 24 cents.
But for Q4, the company sees growth in the 30%-35% range [...]
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JinkoSolar (JKS) shares are trading sharply higher this morning on much better-than-expected Q3 results.
For the quarter, JKS posted revenue of $215 million and profits of $1.75 per ADS, well above the Street consensus forecast of $153.3 million and 96 cents. Product shipments of 134.8 MW were well ahead of guidance [...]
Article courtesy of BARRONS.com: Tech Trader Daily