Investors Conferences, Financial Results, and Long-term Strategic Partnerships - Research Report on NVIDIA, Microchip, GT Advanced Technologies, ARM, and ItronInvestors Conferences, Financial Results, and Long-term Strategic Partnerships - Research Report on NVIDIA, Microchip, GT Advanced Technologies, ARM, and Itron

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Nov 07, 2013, 08:00 ET

NEW YORK, November 7, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting NVIDIA Corporation (NASDAQ: NVDA), Microchip Technology Inc. (NASDAQ: MCHP), GT Advanced Technologies Inc. (NYSE: GTAT), ARM Holdings plc. (NASDAQ: ARM), and Itron, Inc. (NASDAQ: ITRI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

NVIDIA Corporation Research Report

On October 31, 2013, NVIDIA Corporation (NVIDIA) reported that it will participate at two upcoming conferences for the financial community. NVIDIA informed that it will first present at the Wells Fargo Securities Technology, Media & Telecom Conference on Tuesday, November 12, 10:45 a.m. PT (1:45 p.m. ET) at the Waldorf Astoria, New York; and then at the UBS Global Technology Conference on Thursday, November 21, 2:45 p.m. PT (5:45 p.m. ET) at Cavallo Point, Sausalito, California. The Company will host a live audio webcast of both presentations which will be accessible via its website, where a replay of each webcast will also be available seven days following the events. The Full Research Report on NVIDIA Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/77fb_NVDA]

Microchip Technology Inc.

On October 30, 2013, Microchip Technology Inc. (Microchip) reported its financial results for Q2 FY 2014 (period ended September 30, 2013). GAAP net sales for the quarter were $492.7 million, up 6.5% QoQ and up 28.5% YoY. Net income came in at $99.8 million, or $0.46 per diluted share in Q2 FY 2014, up from net income of $78.6 million, or $0.37 per diluted share in Q1 FY 2014 and also up from a net loss of $21.2 million or $0.11 per diluted share in Q2 FY 2013. Commenting on the results, Steve Sanghi, President and CEO of Microchip said, "We were very pleased with our execution in the September quarter. Looking at the September quarter compared to the year ago quarter, microcontrollers grew 22.9%, analog grew 25.2% and licensing grew 23.4%, all achieving new revenue records." The Full Research Report on Microchip Technology Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/a8bd_MCHP]

GT Advanced Technologies Inc. Research Report

On November 4, 2013, GT Advanced Technologies Inc. (GT) reported financial results for Q3 FY 2013 (period ended September 28, 2013). The Company's revenue for the quarter was $40.3 million, including $28.6 million in polysilicon, $4.4 million in photovoltaic (PV), and $7.3 million in sapphire; as compared to revenues of $110.1 million in Q3 FY 2012. Gross margin for the quarter was 44.1%, as compared to 31.8% in Q3 FY 2012. The Company reported non-GAAP net loss of $19.4 million during the quarter, versus net income of $0.7 million in Q3 FY 2012. Tom Gutierrez, GT's President and CEO, commented, "We are very excited about this agreement with Apple as it represents a significant milestone in GT's long term diversification strategy. By leveraging the new materials operation and our enhanced R&D efforts, we will be well positioned to drive the growth of other sapphire opportunities, including the expansion of our LED and industrial sapphire businesses in partnership with our ASF customers." The Full Research Report on GT Advanced Technologies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/f3b4_GTAT]

ARM Holdings plc Research Report

On November 5, 2013, ARM Holdings plc (ARM), along with Rockchip Electronics Co., Ltd. (Rockchip), announced that the latter has acquired a subscription license of a broad range of ARM advanced technologies. Commenting on this, Antonio Viana, Executive Vice President, Commercial and Global Development at ARM said, "Rockchip and ARM have a successful long-term strategic partnership that has been proven by Rockchip's ARM Cortex-A9 processor and Mali-400 MP GPU powered RK31 series and RK30 series solutions. This agreement will help Rockchip to strengthen its industry leadership position in China and worldwide and to address the challenges and opportunities posed by demanding consumers of mobile internet and smart home devices." Feng Chen, Chief Marketing Officer, Rockchip, added, "Rockchip is dedicated to bringing cutting-edge CPU and GPU technologies and solutions to our customers and end users to enable a compelling user experience on mobile devices and at home." The Full Research Report on ARM Holdings plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/fd1a_ARMH]

Itron, Inc. Research Report

On October 30, 2013, Itron, Inc. (Itron) reported its Q3 2013 financial results. Itron's revenues were $495 million for Q3 2013, slightly lower as compared to $504 million in Q3 2012. Gross margin for Q3 2013 was 30.3% versus a margin of 34.1% in Q3 2012. Philip Mezey, Itron's President and CEO, commented, "Our third quarter revenue and non-GAAP earnings performance improved compared to the first two quarters of the year. Revenues increased sequentially in each business line: electric, gas and water. I am also encouraged by the progress of our ongoing efforts to improve efficiencies, advance our pace of product development and to lower expenses." The Full Research Report on Itron, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.AnalystsCorner.com/r/full_research_report/eb65_ITRI]

EDITOR NOTES:

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