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  • Maxim Drops 11%: MKM Cuts to Hold, Hedgeye Says Stay Course

    25 July 2014, 4:47 pm by: Tiernan Ray

    Shares of Maxim Integrated Products (MXIM) are down $3.68, or 11.2%, at $29.25, after the company yesterday afternoon missed analysts’ fiscal Q4 expectations and forecast results this quarter well below consensus, but also raised its dividend payout.…
  • Silicon Labs Drops 14%: Look Past Speed Bump to IoT, Says Pac Crest

    25 July 2014, 2:31 pm by: Tiernan Ray

    Shares of chip maker Silicon Labs (SLAB) are down $6.75, or 14.4%, at $40.05, after the company this morning reported Q2 revenue and earnings per share that topped analysts’ expectations, but also forecast results this quarter below consensus. Revenue in…
  • Tech Today: Qlik Surges, Amazon Drops, RF Micro Rising, Apple Ramping Up

    25 July 2014, 11:19 am by: Tiernan Ray

    Here are some things going on today in your world of tech: Amazon.com (AMZN) shares continue their descent after last night’s projection of a much, much larger-than-expected Q3 loss, as the company ramps up spending on fulfillment centers and cuts prices on…
  • Pandora Drops 13%: Look Past ‘RPM,’ Say Bulls

    25 July 2014, 9:47 am by: Tiernan Ray

    Shares of internet radio purveyors Pandora Media (P) are down $3.82, over 13%, at $24.90, after the company yesterday beat Q2 expectations, but missed on its Q3 earnings outlook, and raised its revenue expectation for the year. The main, though not exclusive,…
  • Amazon Drops 12% on ‘Huge Loss’ Projection; Three Downgrades

    25 July 2014, 9:20 am by: Tiernan Ray

    Shares of Amazon.com (AMZN) are down $41. 31, or almost 12%, at $317.30, in early trading, adding to last night’s losses, after the company missed Q2 profit expectations with a much-wider-than-expected net loss per share, and said losses will be even deeper…
  • Qlik Jumps 8%: Q3, Year Views Beat; Qlik.Next Server in September

    24 July 2014, 5:48 pm by: Tiernan Ray

    Enterprise data visualization software vendor Qlik Technologies (QLIK) this afternoon reported Q2 revenue that topped analysts’ expectations, and surprise profit per share where the Street had expected a loss, while the outlook for revenue this quarter…
  • Altera Rising: Q2 Beats, Q3 Revenue View Beats

    24 July 2014, 5:35 pm by: Tiernan Ray

    Chip maker Altera (ALTR) this afternoon reported Q2 revenue and earnings per share that topped analysts’ expectations, and forecast revenue this quarter slightly ahead of consensus. Revenue in the three months ended in June rose 17%, year over year, to…
  • Flextronics Slips: FYQ1 Beats, Q2 View Light

    24 July 2014, 5:11 pm by: Tiernan Ray

    Contract electronics manufacturer Flextronics (FLEX) this afternoon reported fiscal Q1 revenue and earnings per share that topped analysts’ expectations, but forecast this quarter’s results below consensus. Revenue in the three months ended in June rose…
  • Informatica Drops 12%: Q2 In-Line; Q3 View Misses, Cuts Year View

    24 July 2014, 5:07 pm by: Tiernan Ray

    Enterprise data management software vendor Informatica (INFA) this afternoon reported Q2 revenue and earnings per share that were in line with consensus expectations. Revenue in the three months ended in June 13%, year over year, to $250.7 million, yielding…
  • NetSuite Rising: Q2 EPS Beats; Q3 View Light, Raises Year Forecast

    24 July 2014, 5:05 pm by: Tiernan Ray

    Cloud computing software maker NetSuite (N) this afternoon reported Q2 revenue in line with consensus, and beat on the bottom line, forecast this quarter’s profit below consensus, and raised its year revenue view. Revenue in the three months ended in June…
  • Amazon Deepens Decline, Down 10%: Q3 Loss to Be Much Bigger than Q2

    24 July 2014, 4:21 pm by: Tiernan Ray

    Update: As the company’s conference call with analysts has proceeded, the shares have deepened their decline this evening, now down $35.09, or almost 10%, at $323.52. Amazon.com (AMZN) this afternoon reported Q2 revenue that was slightly ahead of…
  • KLA-Tencor Drops 5%: Q1 Forecast Misses by a Mile on Extended Order Pace

    24 July 2014, 4:19 pm by: Tiernan Ray

    Chip equipment maker KLA-Tencor (KLAC) this afternoon reported fiscal Q4 revenue that was essentially in line with analysts’ expectations, but missed on the bottom line. Revenue in the three months ended in June rose to $734.3, yielding EPS of 80 cents.…
  • Riverbed Rising: Q2 Rev Misses, Q3 View Tops Consensus

    24 July 2014, 4:11 pm by: Tiernan Ray

    Networking equipment vendor Riverbed Technology (RVBD) this afternoon reported Q2 revenue that missed analysts’ estimates, an earnings per share in line with consensus, and forecast results this quarter comfortably above expectations. Revenue in the three…
  • Pandora Drops 9%: Q2 Beats; Q3 EPS View Light; Raises Year View

    24 July 2014, 4:07 pm by: Tiernan Ray

    Internet radio purveyors Pandora Media (P) this afternoon reported Q2 revenue and earnings per share that topped analysts’ expectations, forecast this quarter’s revenue higher, though earnings will come in a bit below, and raised its year outlook.…
  • RF Micro Devices FYQ1 Beats, Q2 View Beats

    24 July 2014, 4:05 pm by: Tiernan Ray

    Wireless chip maker RF Micro Devices (RFMD) this afternoon reported fiscal Q1 revenue and earnings per share that topped analysts’ expectations, and offered a forecast for this quarter above consensus. Revenue in the three months ended in June rose to…
  • Yahoo!: Sell Strangles on Buyout Speculation, Says Weeden

    24 July 2014, 2:05 pm by: Tiernan Ray

    Shares of Yahoo! (YHOO) are up $1.35, or almost 4%, at $36.06, continuing to be fueled, it would seem, by an article yesterday afternoon by Forbes contributor Eric Jackson of Ironfire Capital, who opined that Japan‘s Softbank or e-commerce…
  • Tech Today: Qualcomm’s China Trouble, FB Surges, Nokia Leaps, Angie Plunges

    24 July 2014, 12:23 pm by: Tiernan Ray

    Here are some things going on this morning in your world of tech: Shares of local deals provider Angie’s List (ANGI) are down $2.13, or 21%, at $8.04, after 8 analysts downgraded the stock on a lower-than-expected Q2 report and weak outlook. The company is…
  • Angie’s List Plunges 24%: ‘Big Deal’ a Big Problem; 8 Downgrades

    24 July 2014, 11:39 am by: Tiernan Ray

    Shares of local listings and reviews purveyor Angie’s List (ANGI) are down $2.38, or almost 24%, at $7.79, after the company yesterday afternoon missed revenue expectations and reported a much deeper-than-expected net loss per share, and forecast revenue…
  • Facebook Up 6%: Targets Zoom to $100 on Pricing Power, Expense Leverage

    24 July 2014, 10:44 am by: Tiernan Ray

    Shares of Facebook (FB) are up $4.01, or almost 6%, at $75.30, adding to last night’s gains, after the company reported Q2 revenue and earnings per share that topped analysts’ expectations, marked by a sharp rise in the percentage of revenue coming from…
  • NXP Rising: Apple’s iPhone Pays Dividends, NFC On the Horizon, Says Raymond James

    24 July 2014, 10:13 am by: Tiernan Ray

    Shares of NXP Semiconductor (NXPI) are up $1.29, or 2%, at $65.83, after the company this morning beat Q2 revenue and earnings expectations, and forecast Q3 results higher as well. Revenue in the three months ended in June rose 17%, year over year, to $1.39…

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