Quarterly Financial Results and Upcoming Conference Calls - Research Reports on Electronic Arts, RF Micro, Stratasys, InvenSense and F5 Networks
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NEW YORK, November 3, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Electronic Arts Inc. (NASDAQ: EA), RF Micro Devices Inc. (NASDAQ: RFMD), Stratasys Ltd. (NASDAQ: SSYS), InvenSense, Inc. (NYSE: INVN) and F5 Networks, Inc. (NASDAQ: FFIV). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7629-100free.
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Electronic Arts Inc. Research Reports
On October 28, 2014, Electronic Arts Inc. (Electronic Arts) announced its Q2 FY 2015 financial results (period ended September 30, 2014). Total net revenue stood at $990 million, up 42.4% YoY, while Non-GAAP total net revenue was $1.2 billion, up 17.3% YoY. For the quarter, Non-GAAP net income stood at $232 million or $0.73 per diluted share compared to $105 million or $0.33 per diluted share in Q2 FY 2014. Andrew Wilson, CEO, said, "It was an excellent second quarter, with strong new titles, deep player engagement in our live services and ongoing digital growth driving continued momentum." Blake Jorgensen, CFO, added, "By emphasizing player engagement and our digital live services, we've grown revenue, expanded gross margins and delivered EPS well above prior year and our guidance. We are raising our annual non-GAAP net revenue guidance by $75 million to $4.175 billion and annual non-GAAP diluted EPS by $0.20 to $2.05." The full research reports on Electronic Arts are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/EA/report.pdf
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RF Micro Devices Inc. Research Reports
On October 29, 2014, RF Micro Devices Inc. (RF Micro) announced its Q2 FY 2015 financial results (period ended September 27, 2014), posting revenue of $362.7 million up 16.7% YoY. Net income stood at $63.3 million or $0.21 per diluted share versus $5.9 million or $0.02 per diluted share in Q2 FY 2014. Non- GAAP diluted EPS was reported at $0.30 compared with $0.12 in Q2 FY 2014. Dean Priddy, CFO and Vice President of Administration at RFMD, said, "In the September 2014 quarter, RFMD's revenue, gross profit, operating income, and earnings per share were all quarterly records. Of note, gross profit increased by $24.9 million, and operating income increased by $21.2 million on the $46 million increase in revenue. In the December quarter, RFMD anticipates continued superior financial performance as we execute on our financial model." For Q3 FY 2015, RF Micro expects Non-GAAP revenue of approximately $385 million, while Non-GAAP diluted EPS is anticipated to be approximately $0.33. The full research reports on RF Micro are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/RFMD/report.pdf
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Stratasys Ltd. Research Reports
On October 22, 2014, Stratasys Ltd. (Stratasys) announced that it will release Q3 2014 financial results on Wednesday, November 5, 2014. The Company informed that it intends to hold a conference call to discuss the results on the same day at 8:30 a.m. ET. Stratasys added that the live webcast of the call and replay of the same will be available at the Investors section of its website. The full research reports on Stratasys are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/SSYS/report.pdf
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InvenSense, Inc. Research Reports
On October 28, 2014, InvenSense, Inc. (InvenSense) announced its Q2 FY 2015 financial results (period ended September 28, 2014). Net revenue for the quarter was $90.2 million, up 27.2% YoY. The Company reported net loss of $6.9 million or $0.08 per diluted share, compared with net income of $13.6 million, or $0.15 per diluted share in Q2 FY 2014. Behrooz Abdi, President and CEO, said, "This is an exciting time for our company. Q2 was a record revenue quarter, with the North America region leading our growth. During the quarter, we successfully ramped several key design wins, leveraging our strategic inventory of second-generation 6-axis products in order to meet demand for both our second and third generation devices." The full research reports on InvenSense are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/INVN/report.pdf
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F5 Networks, Inc. Research Reports
On October 29, 2014, F5 Networks, Inc. (F5 Networks) announced its Q4 FY 2014 financial results (period ended September 30, 2014). For the quarter, net revenue reached $465.3 million, up 17.7% YoY. Net income was reported at $94.0 million or $1.26 per diluted share, compared to $76.2 million or $0.97 per diluted share in Q4 FY 2013. For FY 2014, revenue was $1.73 billion, versus $1.48 billion in FY 2013. Net income for the year was $311.2 million or $4.09 per diluted share, compared to $277.3 million or $3.50 per diluted share in FY 2013. John McAdam, F5 President and CEO, said, "The fourth quarter of fiscal 2014 was a solid finish to a year characterized by positive customer and partner response to our Synthesis architecture, the array of new products we rolled out in fiscal 2013, our Good Better Best pricing strategy, and the enhanced capabilities of our BIG-IQ management platform." For Q1 FY 2015, the Company has set a revenue target of $460 million to $470 million while diluted EPS is expected to be in range of $1.10 to $1.13. The full research reports on F5 Networks are available to download free of charge at:
http://www.analystsreview.com/Nov-03-2014/FFIV/report.pdf
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