05.08.2013 14:00:00
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Investors Conferences, Financial Results, and Profitable Agreements - Research Report on Broadcom, InvenSense, RF Micro Devices, Power Integrations, and TriQuint Semiconductor
NEW YORK, August 5, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Broadcom Corp. (NASDAQ: BRCM), InvenSense, Inc. (NYSE: INVN), RF Micro Devices Inc. (NYSE: RFMD), Power Integrations Inc. (NASDAQ: POWI), and TriQuint Semiconductor, Inc. (NASDAQ: TQNT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Broadcom Corp. Research Report
On July 26, 2013, Broadcom Corp. (Broadcom) announced that it will present at the Pacific Crest 15th Annual Global Technology Leadership Forum on Tuesday, August 13, 2013 at the Sonnenalp Resort in Vail, Colorado. Broadcom's presentation will begin at 10:00 a.m. MT. The Company also informed that it will also present at the Citi 2013 Global Technology Conference on Wednesday, September 4, 2013, 2:20 p.m. ET, at the Hilton New York Hotel in NY and at the Deutsche Bank dbAccess Technology Conference on Tuesday, September 10, 2013, 10:20 a.m. PT, at the Cosmopolitan Hotel in Las Vegas. These presentations will be available to the public via audio webcast through the Company's website. The Full Research Report on Broadcom Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/496f_BRCM ]
InvenSense, Inc. Research Report
On July 30, 2013, InvenSense, Inc. (InvenSense) announced its Q1 FY 2014 results. Net revenue was up 42.6% YoY to $55.9 million. Net income for Q1 FY 2014 was $10.3 million or $0.12 per diluted share compared to $7.7 million or $0.09 per diluted share in Q1 FY 2013. Behrooz Abdi, President and CEO, commented, "With our product performance achievements and product roadmap, we are enjoying strong competitive positioning and believe that customer design activity and confirmed design wins at customers has never been stronger. With extraordinary execution, in the June quarter we again shipped a record number of units in that period growing our revenue 43% year over year and expect to again ship a record number of our products in the current quarter growing sequential unit volumes and revenues significantly." The Full Research Report on InvenSense, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/5fb5_INVN ]
RF Micro Devices Inc. Research Report
On July 24, 2013, RF Micro Devices Inc. (RF Micro Devices) announced that it has entered into an agreement to sell its Gallium Arsenide (GaAs) semiconductor manufacturing facility in Newton Aycliffe, U.K. to Phoenix-based Compound Photonics. The Company informed that the transaction and product transition are expected to bring annual cost savings of $20 million or $5 million per quarter to RFMD, and these benefits are expected to be realized beginning Q3 FY 2014.The Full Research Report on RF Micro Devices Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/7d81_RFMD ]
Power Integrations Inc. Research Report
On July 30, 2013, Power Integrations Inc. (Power Integrations) reported Q2 2013 financial results. Net revenues for the quarter were up 15.1% YoY to $87.9 million. GAAP net income for the quarter was $13.7 million or $0.45 per diluted share, compared with net loss of $7.2 million or $0.25 per diluted share in Q2 2012. Balu Balakrishnan, President and CEO of Power Integrations, shared, "Quarterly revenues exceeded our expectations, increasing 14 percent sequentially with growth in all four of our primary end markets. Growth was particularly robust in the industrial market, which is now our largest end market in terms of sales. Strong revenue growth and a higher gross margin enabled our non-GAAP operating margin to expand by more than three percentage points versus the prior quarter, contributing to sequential growth of 30 percent in non-GAAP earnings per share." The Company expects Q3 2013 revenue to be between $89 million and $94 million. The Full Research Report on Power Integrations Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/6421_POWI ]
TriQuint Semiconductor, Inc. Research Report
On July 31, 2013, TriQuint Semiconductor, Inc. (TriQuint Semiconductor) reported that it will participate at Canaccord Genuity's 33rd Annual Growth Conference on Thursday, August 15, 2013, at 10:00 a.m. ET, in Boston at the InterContinental Boston. The Company informed that Chief Financial Officer Steve Buhaly will represent TriQuint Semiconductor at the conference. The live audio webcast of this event will be accessible via the Investor Relations page of the Company's website. After the live webcast, an archived version will also be hosted on the TriQuint website. The Full Research Report on TriQuint Semiconductor, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/73d1_TQNT ]
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SOURCE Analysts' Corner
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