Technology Sector in Focus: Complementary Research on FLIR Systems, Cognex, Dot Hill Systems, Ellie Mae, and A10 Networks
NEW YORK, May 8, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including FLIR Systems Inc. (NASDAQ: FLIR), Cognex Corporation (NASDAQ: CGNX), Dot Hill Systems Corp. (NASDAQ: HILL), Ellie Mae Inc. (NYSE: ELLI), and A10 Networks Inc. (NYSE: ATEN). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
FLIR Research Report: ( http://get.analystsreview.com/pdf/?c=FLIR%20Systems%20Inc.&d=08-May-2015&s=FLIR ),
CGNX Research Report: ( http://get.analystsreview.com/pdf/?c=Cognex%20Corp&d=08-May-2015&s=CGNX ),
HILL Research Report: ( http://get.analystsreview.com/pdf/?c=Dot%20Hill%20Systems&d=08-May-2015&s=HILL ),
ELLI Research Report: ( http://get.analystsreview.com/pdf/?c=Ellie%20Mae%20Inc.&d=08-May-2015&s=ELLI ),
ATEN Research Report: ( http://get.analystsreview.com/pdf/?c=A10%20Networks&d=08-May-2015&s=ATEN ).
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Analyst Update: New Appointments and Earnings
U.S. stocks advanced on Thursday, recovering from their previous two disappointing sessions, as better than expected weekly jobless claims report boosted sentiment. The NASDAQ Composite gained 0.53%, to close at 4,945.54, the Dow Jones Industrial Average edged up 0.46%, to 17,924.06, and the S&P 500 ended the day at 2,088.00, up 0.38%. European stocks were mixed on Thursday. Germany's DAX 30 rose 0.51%, while France's CAC 40 and the London's FTSE 100 were down 0.29% and 0.67%, respectively, on Thursday. Meanwhile, Asian markets closed lower on Thursday amid rising concern over a potential policy shift by Chinese stock market regulators. The Shanghai Composite, Australia's S&P ASX and Japan's Nikkei all fell on Thursday.
FLIR Systems, Inc. on April 24, 2015 announced its financial results for the first quarter ended March 31, 2015. Revenue was $344.5 million, down 2% compared to first quarter 2014 revenue of $351.5 million due to currency headwinds which impacted revenue growth by approximately 5% year over year.
Cognex Corporation (Cognex) on May 04, 2015 reported $0.23 earnings per share (EPS) for the first quarter 2015, beating the Thomson consensus estimate of $0.22 by $0.01. The Company had revenue of $113.43 million for the quarter, compared to the consensus estimate of $109.50 million.
Dot Hill Systems Corp. (Dot Hill) on May 5, 2015 announced the appointment of Ernest Sampias as a member of the Board of Directors. Mr. Sampias will hold office until the 2016 AGM when he will be eligible for re-election.
Ellie Mae, Inc. announced its first quarter 2015 results on April 30, 2015. The Company reported an increase of 68% in revenue from $32.2 million in Q1 2014 to $54.2 million. The Analysts polled by Thomson were expecting a revenue figure of $46.6 million.
A10 Networks, Inc. (A10) on May 04, 2015 announced its first quarter 2015 results, with revenue of $44.0 million compared with $45.7 million in the first quarter of 2014. The Company reported a non GAAP loss of $9.1 million or $0.15 per share as compared to a loss of $3.3 million or $0.06 per share in Q1 2014.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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