Where Opportunity is Found - New Report on Universal Electronics, Vapor, VCA Inc., Vera Bradley and VOXX International
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 19, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Universal Electronics (NASDAQ: UEIC), Vapor (NASDAQ: VPCO), VCA Inc. (NASDAQ: WOOF), Vera Bradley (NASDAQ: VRA), and VOXX International (NASDAQ: VOXX). 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):
UEIC Research Report: ( http://get.analystsreview.com/pdf/?c=Universal%20Electronics&d=19-Dec-2014&s=UEIC ),
VPCO Research Report: ( http://get.analystsreview.com/pdf/?c=Vapor&d=19-Dec-2014&s=VPCO ),
WOOF Research Report: ( http://get.analystsreview.com/pdf/?c=VCA%20Inc.&d=19-Dec-2014&s=WOOF ),
VRA Research Report: ( http://get.analystsreview.com/pdf/?c=Vera%20Bradley&d=19-Dec-2014&s=VRA ),
VOXX Research Report: ( http://get.analystsreview.com/pdf/?c=VOXX%20International&d=19-Dec-2014&s=VOXX ).
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Analyst Update: Corporate Updates, Quarterly Earnings, and Strategic Partnerships
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market extended its winning streak on Thursday, recording its best two-day gains in last three years. The rally in U.S. started on Wednesday after Federal Reserve's Chairwoman Janet Yellen assured the markets that the central bank would be patient about lifting interest rate. The S&P 500 advanced 2.43%, Dow Jones Industrial Average moved up 2.40%, and Nasdaq Composite ended the session 2.24% up. The European stocks also surged, recording their strongest daily gain in three years, supported by a rise in Greek shares. The rebound in oil prices, dovish statement of Federal Reserve and calmness in Russian market also boosted European markets. Most Asian stock markets ended higher as investors were encouraged to take more risk following the positive stimulus led by the U.S. Federal Reserve statement.
Universal Electronics Inc. (Universal Electronics) and Peel Technologies, Inc. have agreed to dismiss their respective patent infringement claims against each other without prejudice. As per a Company release dated November 14, 2014, Peel Technologies has agreed to amend and revise its products in order to avoid UEI's infringement allegations.
Net sales of Vapor Corp. (Vapor) for Q3 2014 sank by 58.3% YoY to $2.7 million. Q3 2014 cost of goods sold decreased 48.3% YoY to reach $2.0 million, mainly because of the decrease in sales, change in product mix to higher vaporizer and e-liquid sales and an increase in sales incentives to assist customers in selling off certain product lines.
For Q3 2014, VCA Inc. reported record revenue of $499.6 million, an increase of 7.7% YoY while diluted earnings per common share fell 31.1% YoY to $0.31. For 9M 2014, diluted earnings per share were $1.21, down 4.0% YoY. Moreover, the Company revised its guidance for Q4 2014 adjusted EPS excluding amortization to a range of $0.35 to $0.37.
Vera Bradley, Inc. (Vera Bradley) announced that direct segment revenues for Q3 FY 2015 (period ended November 1, 2014) totaled $77.9 million, up 15.1% YoY and indirect segment revenues decreased 22.8% YoY to $47.3 million, mainly because of lower orders from the Company's specialty retail accounts and decrease in the number of specialty retail accounts.
VOXX International Corporation's (VOXX International) wholly owned subsidiary, VOXX Electronics Corporation (VEC), and AT&T have entered into an agreement to offer wireless data service to VOXX international Telematics users worldwide.
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About Analysts Review
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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.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
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