NEW YORK, June 5, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please
scroll to bottom.
Today, Wall Street Reports announced new research reports
highlighting OmniVision Technologies, Inc. (NASDAQ: OVTI), Splunk
Inc. (NASDAQ: SPLK), Atmel Corporation (NASDAQ: ATML), Integrated
Device Technology Inc. (NASDAQ: IDTI), and Perfect World Co., Ltd.
(ADR) (NASDAQ: PWRD). Today's readers may access these reports free
of charge - including full price targets, industry analysis and
analyst ratings - via the links below.
OmniVision Technologies, Inc. Research
Report
On May 30, 2013, OmniVision
Technologies, Inc. (OmniVision) reported financial results for Q4
FY 2013 and full-year FY 2013 (period ended April 30, 2013). For the quarter, the Company's
revenues increased 53.9% YoY to $336.2
million. GAAP net income was $8.9
million, or $0.17 per diluted
share in Q4 FY 2013, compared with $2.7
million, or $0.05 per diluted
share in Q4 FY 2012. Revenues for FY 2013 were $1.4 billion as compared to $897.7 million in FY 2012. Commenting on the
results, Shaw Hong, OmniVision's Chief Executive Officer, said, "In
fiscal 2013, we completed a record year both in terms of revenues
and unit shipments. We are proud to have exceeded a billion dollars
in revenues and would like to thank our suppliers, employees, and
customers. We believe that our reported results are beginning to
validate our cost reduction efforts, and we will strive further to
improve our cost structure." The Company expects revenues of
$355 million to $390 million for Q1
FY 2014. The Full Research Report on OmniVision Technologies, Inc.
- including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/6db5_OVTI]
--
Splunk Inc. Research Report
On May 30, 2013, Splunk Inc.
(Splunk) announced results for Q1 FY 2014 (period ended
April 30, 2013). Total revenue
increased 54% YoY to $57.2 million,
while license revenue increased 48% YoY to $36.2 million. The Company reported GAAP
operating loss of $15.7 million, or
$0.16 per share. Commenting on the
results, Godfrey Sullivan, Splunk's
Chairman and Chief Executive Officer said, "We are off to a strong
start in the first quarter and I'm pleased with our new customer
acquisition and financial performance." For Q1 FY 2014 (period
ending July 31, 2013), the Company
expects total revenue to be between $61
million and $63 million. For full-year FY 2014, the Company
has updated its guidance and now expects total revenue to be
between $266 million and $274
million. The Full Research Report on Splunk Inc. - including
full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/2cb2_SPLK]
--
Atmel Corporation Research Report
On May 22, 2013, Atmel
Corporation, (Atmel) announced that Steve
Skaggs has been appointed as the Company's Senior Vice
President and Chief Financial Officer, with immediate effect. He
had been serving as interim Chief Financial Officer since
April 2, 2013. He joined Atmel in
2010 after working at Lattice Semiconductor, where he served as
President and Chief Executive Officer and also as Chief Financial
Officer. Prior to Lattice, he was employed by Bain & Company,
an international strategic consulting firm, where he specialized in
high technology product strategy, mergers and acquisitions, and
corporate restructurings. The Full Research Report on Atmel
Corporation - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/3a1a_ATML]
--
Integrated Device Technology Inc.
Research Report
On May 29, 2013, Integrated Device
Technology (IDT) announced that it has signed a definitive
agreement to divest its PCI Express (PCIe) enterprise flash
controller business and related PCIe intellectual property assets
to PMC-Sierra, Inc. Ted Tewksbury,
IDT's President and Chief Executive Officer, said, "The divestiture
of our PCIe flash controller business enables IDT to capitalize on
our early investments in this disruptive technology. Going forward,
we will focus on our R&D investments on advanced timing,
wireless power, memory interface, and communications signal chain
solutions. This enhanced focus will accelerate operating margin
expansion while sustaining long-term revenue growth." The purchase
consideration consists of approximately $100
million in cash, subject to certain price adjustments. The
transaction, which is anticipated to close in Q3 2013, has received
the necessary board approvals, but will also be subject to
applicable regulatory and closing conditions. The Full Research
Report on Integrated Device Technology Inc. - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/2dc9_IDTI]
--
Perfect World Co., Ltd. (ADR) Research
Report
On May 28, 2013, Perfect World
Co., Ltd. (Perfect World) announced its unaudited financial results
for Q1 2013. Total revenues were RMB624.5
million ($100.6 million) as
compared to RMB679.9 million in Q4
2012 and RMB718.5 million in Q1 2012.
Net income attributable to the Company's shareholders was
RMB131.0 million ($21.1 million) compared to RMB86.4 million in Q4 2012 and RMB209.8 million in Q1 2012. Commenting on the
results, Robert Xiao, Perfect
World's Chief Executive Officer, said, "Our revenues in the first
quarter of 2013 were in line with our expectations. During the
quarter, we continued to primarily focus on developing new content
for our portfolio and pipeline and slow down promotional
activities. As we expected, the overall performance of our existing
games in the first quarter was softer, but we are pleased with the
recent progress we have made in our portfolio and pipeline
development." The Full Research Report on Perfect World Co., Ltd.
(ADR) - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/1b89_PWRD]
----
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SOURCE Wall Street Reports