Tableau Software (NYSE: DATA) Earnings Report Beats Street

Tableau Software, Inc. – NYSE: DATA

Tableau Software shares are up over 15% in pre-market trading on the back of financial results which beat street estimates. Shares ended Wednesday at $48.46 but are trading above $55 in pre-market trading today. Shares of DATA, traded on the Nasdaq, have an average daily volume of close to 1 million shares but Thursday almost 2.4 million shares traded hands.

Seattle, WA-based Tableau Software provides business analytics software products. The global company sells its products directly, as well as through technology vendors, resellers, original equipment manufacturers, and independent software vendor partners.

Tableau Software reported 4th quarter EPS of $0.26 – beating the street expectation of $0.13. Reported revenues were $250.7 million versus the street estimate of $230.3 million. Reported sales have increased annually since 2011 when Tableau posted a figure of $62.4 million – in 2015 sales were $653.6 million. Shares of DATA earnings have not been as impressive. EPS for data shareholders had not risen above $0.15 from 2011-2014 and in 2015 there was a loss posted of $1.17. Tableau Software is followed by 26 firms. Eight rate DATA shares as a “Strong Buy”, 15 rate the shares as a “Buy”, and three rate DATA Shares as a “Sell”. The analust’s consensus price target is $55.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

2/3/2017
Ticker Symbol DATA
Last Price a/o 8:09 AM EST  $                    55.50
Average Volume                    989,290
Market Cap (mlns)  $              3,670.00
Sales (mlns) $779.00
Shares Outstanding (mlns) 76.09
Share Float (mlns) 56.92
Shortable Yes
Optionable Yes
Inside Ownership 1.50%
Short Float 8.50%
Short Interest Ratio 4.89
Quarterly Return -2.63%
YTD Return 14.38%
Year Return -39.44%

Pixelworks Inc. (Nasdaq: PXLW) Reports Earnings and Shares Gain 20%+

Pixelworks, Inc. – Nasdaq: PXLW

Pixelworks shares, traded on the Nasdaq under ticker PXLW, are up over 20% in the after-hours market after the company released 4th quarter financials. PXLW EPS came in at $0.04 which beat estimates by $0.03. Revenues increased 18.6% year-on-year and the $15.99 figure beat estimates by $0.5 million.

San Jose, CA-based Pixelworks develops and markets video display processing technology for high quality digital video applications. It also has an intellectual property portfolio of 135 patents related to the visual display of digital image data.

Sales have been inconsistent but trend lower overall. In 2011 Pixelworks reported sales of $64.6 million and that number declined to $59.5 million in 2015. PXLW shareholders have experienced negative EPS since 2011. And in 2015 EPS for PXLW was a loss of $0.42. Four firms follow Pixelworks. Two rate PXLW shares as a “Strong Buy”, one rates the shares as a “Buy”, and one rates PXLW shares as a “Hold. Their consensus price target is $3.65.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

2/2/2017
Ticker Symbol PXLW
Last Price a/o 5:44 PM EST  $                      3.70
Average Volume                    184,850
Market Cap (mlns)  $                    89.99
Sales (mlns) $50.90
Shares Outstanding (mlns) 28.66
Share Float (mlns) 23.92
Shortable Yes
Optionable Yes
Inside Ownership 1.40%
Short Float 3.46%
Short Interest Ratio 4.47
Quarterly Return 19.85%
YTD Return 12.14%
Year Return 124.29%

FireEye, Inc. (Nasdaq: FEYE) Posts Financial Results and Shares Drop

FireEye, Inc. – Nasdaq: FEYE

Security software firm FireEye lost $61.5 million on $184.7 in revenues for the fourth quarter ended December 31, 2016. Shares, traded on the Nasdaq under ticker FEYE, responded by losing almost 20% in after-hours trading on heavy volume. The $0.03 EPS loss beat street estimates but that news was tempered by shrinking margins.

Milpitas, CA-based FireEye invented a virtual machine-based security platform that provides real-time threat protection against cyber attacks. The FireEye Threat Prevention Platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors and across the different stages of an attack life cycle.

In 2011, FireEye reported sales of $33.7 million but that figure grew to $623 million by 2015. Shareholders of FEYE have not been rewarded by that sales growth. Shares have tumbled in the last few years and EPS has been negative since 2011 when the company posted an EPS loss of $1.99. In 2015 FEYE shareholders experienced a $3.50 loss. Twenty-three firms follow FireEye. Fifteen rate FEYE as a “Hold”, one rates the shares as a “Sell”, and seven rate FEYE as a “Strong Buy”. Their consensus price target is $15.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

2/2/2017
Ticker Symbol FEYE
Last Price a/o 5:00 PM EST  $                    10.68
Average Volume                                 4,400,000
Market Cap (mlns)  $              2,250.00
Sales (mlns) $714.20
Shares Outstanding (mlns) 171.1
Share Float (mlns) 154.08
Shortable Yes
Optionable Yes
Inside Ownership 4.50%
Short Float 13.60%
Short Interest Ratio 4.7
Quarterly Return 13.17%
YTD Return 10.50%
Year Return -5.60%

Electro Scientific Industries Inc. (Nasdaq: ESIO) Shares Rise after Earnings Report

Electro Scientific Industries Inc. – Nasdaq: ESIO

Electro Scientific Industries Inc. shares are up over 10% in after-hours trading after the company released financial results for fiscal 3rd quarter ending Dec. 31, 2016. Electro Scientific Industries Inc. trade on the Nasdaq under ticker ESIO.

Third quarter revenue was $33.8 million, compared to $29.7 million in the second quarter of 2017 and $43.3 million in the third quarter of last fiscal year. GAAP net loss was $9.7 million or $0.29 per share, compared to a net loss of $9.7 million, or $0.30 per share in the second quarter. On a non-GAAP basis net loss was $7.6 million or $0.23 per share, compared to net loss of $7.7 million or $0.24 per share in the prior quarter.

Michael Burger, president and CEO of ESI, said, “We delivered top and bottom line results at the high end of our expectations in the third quarter, as revenues grew 14% sequentially. We also made progress on new product evaluation by customers, the integration of our Visicon acquisition, and repositioning our Micromachining product line for future success.”

Electro Scientific Industries Inc. sales increased from $159.1 million in 2015 to $184.4 million in 2016. ESIO shares lost $1.43 in 2015 but narrowed that loss to $0.39 in 2016. ESIO shares are followed by two firms. One rates ESIO as a “Strong Buy” and the other rates the shares as a “Hold”.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

2/1/2017
Ticker Symbol ESIO
Last Price a/o 5:38 PM EST  $                      7.48
Average Volume                    155,640
Market Cap (mlns)  $                  213.30
Sales (mlns) $172.20
Shares Outstanding (mlns) 32.47
Share Float (mlns) 31.42
Shortable Yes
Optionable Yes
Inside Ownership 1.90%
Short Float 3.13%
Short Interest Ratio 6.32
Quarterly Return 26.83%
YTD Return 10.98%
Year Return 10.23%

werner Enterprises (Nasdaq: WERN) Beats Estimates

Werner Enterprises, Inc. – Nasdaq: WERN

Shares of Werner Enterprises closed the regular session at $27.80 but rose to $30.35 on the back of earnings news that beat street estimates. WERN, traded on the Nasdaq, benefitted from an earnings news that its net income had come in at $0.30/share when estimate averages were for $0.26 – revenues beat street estimates by $10 million at $$518.8 million.

Werner Enterprises, Inc., founded in 1956, is a transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico, China and Australia. Werner is among the five largest truckload carriers in the United States, with a portfolio of transportation services that includes dedicated van, temperature-controlled and flatbed; medium-to-long-haul, regional and local van; and expedited services. Werner Logistics’ portfolio includes freight management, truck brokerage, intermodal and international services. International services are provided through Werner’s domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage.

WERN sales have been steady over the past five years – about $2 Billion annually. EPS for WERN has also been positive and growing since 2013. In 2015 WERN EPS was $1.72. Thirteen firms follow WERN. Two rate the shares a “Buy”, nine rate WERN a “Hold”, one rates the shares an “Underperform”, and one rates WERN as a “Sell”.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/30/2017
Ticker Symbol WERN
Last Price a/o 7:57 PM EST  $                    29.40
Average Volume 834,230
Market Cap (mlns)  $              2,000.00
Sales (mlns) $2,020.00
Shares Outstanding (mlns) 72.06
Share Float (mlns) 45.78
Shortable Yes
Optionable Yes
Inside Ownership 0.70%
Short Float 12.98%
Short Interest Ratio 7.12
Quarterly Return 13.49%
YTD Return 3.15%
Year Return 16.22%

Sanmina Corp (Nasdaq: SANM) Announces Earnings and Shares Rise

Sanmina Corporation – Nasdaq: SANM

Shares of Sanmina Corporation have trade in the after-market over 7% higher due to a favorable earnings release. For the first fiscal quarter ended December 31, 2016 Revenue for the first quarter was $1.72 billion, compared to $1.67 billion in the prior quarter and $1.53 billion for the same period of fiscal 2016. GAAP operating income in the first quarter was $58.7 million or 3.4 percent of revenue, compared to $54.1 million or 3.5 percent of revenue for the first quarter fiscal 2016. GAAP net income in the first quarter was $44.9 million, compared to $27.1 million for the same period a year ago.  GAAP diluted earnings per share were $0.58, compared to $0.33 in the first quarter of fiscal 2016.

San Jose, CA-based Samina Corporation trades on the Nasdaq under ticker SANM. Sanmina provides end-to-end design, manufacturing and logistics solutions, delivering products and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, computing and storage, medical, defense and aerospace, industrial and semiconductor, multimedia, automotive and clean technology sectors.

SANM is trading well above the analyst consensus price target of $31. Four firms follow SANM and one rates the shares as a “Strong Buy”, one rates the shares as a “Buy”, and two rate SANM as a “Hold”. Reported sales for SANM have been relatively consistent and in 2015 Sanmina reported sales were $6.48 Billion. EPS for SANM was $4.61 in 2014 and $2.50 in 2015.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/30/2017
Ticker Symbol SANM
Last Price a/o 4:20 PM EST  $                    39.85
Average Volume 252,560
Market Cap (mlns)  $              2,730.00
Sales (mlns) $6,480.00
Shares Outstanding (mlns) 74.27
Share Float (mlns) 72.74
Shortable Yes
Optionable Yes
Inside Ownership 1.40%
Short Float 1.92%
Short Interest Ratio 2.65
Quarterly Return 25.17%
YTD Return 0.41%
Year Return 102.31%

Synaptics Inc. (Nasdaq: SYNA) Posts Financials and Shares Rise

Synaptics Incorporated – Nasdaq: SYNA

Synaptics Incorporated, traded on the Nasdaq under ticker SYNA, today reported financial results for its second fiscal quarter ended December 31, 2016. Net revenue for the second quarter of fiscal 2017 increased 19 percent sequentially and declined 2 percent from the comparable quarter last year to $461.3 million. GAAP net income for the second quarter of fiscal 2017 increased $19.1 million sequentially from $3.7 million and decreased 35 percent from the prior year period to $22.8 million, or $0.64 per diluted share.

Wajid Ali, CFO, added, “Considering our backlog of $264 million entering the March quarter, subsequent bookings, customer forecasts and product sell-in and sell-through timing patterns, and the resulting expected product mix, we anticipate revenue for the third quarter of fiscal 2017 to be in the range of $410 to $450 million. We expect the revenue mix from mobile and PC products to be approximately 87 percent and 13 percent, respectively.”

Thirteen firms follow Synaptics Incorporated. SYNA is rated a “Strong Buy” by seven, a “Hold” by five, and a “Sell” by one. The consensus price target for SYNA is $67.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

 

Super Micro Computer (Nasdaq: SMCI) Reports Earnings – Shares Higher

Super Micro Computer, Inc. – Nasdaq: SMCI

Super Micro Computer Inc. released their financials this afternoon and shares have been up as much as 10% in after-hours trading. SMCI trades on the Nasdaq and closed the regular session at $28.55, and of this writing the after-hours market has seen SMCI reach $32.00. Reported EPS of $0.48 beat estimates by $0.02, and revenues of $652 million beat estimates by $42.8 million.

Super Micro Computers develops and sells high performance, high efficiency server technology. The company provides end-to-end green computing solutions to the data center, cloud computing, enterprise IT, big data, high performance computing, or HPC, and embedded markets. Their solutions range from complete server, storage, blade, and workstations to full racks, networking devices, server management software and technology support and services.

Sales have increased year-on-year since 2012 and in 2016 they reported $2.22 Billion. EPS for SMCI has been positive since 2012 as well and in 2012 EPS for SMCI was $1.50. Six firms follow Super Micro Computer. Four rate SMCI as a “Strong Buy” and two rate the shares as a “Hold”. Their consensus price target is $32.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/26/2017
Ticker Symbol SMCI
Last Price a/o 4:46 PM EST  $                    31.15
Average Volume 339,210
Market Cap $1.34 Billion
Sales $2.22 Billion
Shares Outstanding 47.11 million
Share Float 37.58 million
Shortable Yes
Optionable Yes
Inside Ownership 0.50%
Short Float 5.69%
Short Interest Ratio 6.3
Quarterly Return 31.11%
YTD Return 1.43%
Year Return 7.40%

Mercury Computer Systems Inc. (Nasdaq: MRCY) Rises, Then Falls

Mercury Computer Systems, Inc. – Nasdaq: MRCY

Mercury Computer Systems, Inc. rose during the regular trading session on the back of improved earnings and a rating improvement by Bank of America, then fell in the after-hours session on news that the company will issue 5 million more shares. The shares, traded on the Nasdaq under ticker symbol MRCY, ended the regular session up over 8% and ended at $34.07, but in the after-hours market MRCY slipped 4.6% to $32.50.

Mercury Computer Systems is a provider of secure sensor and mission processing subsystems. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence programs. Mercury is developing defense electronics business model specifically designed to meet the industry’s current and emerging technology needs.

Sales and EPS have been steadily improving. In 2012 the company reported an EPS loss of $0.46 but in 2016 there was a positive EPS of $0.58. Similarly, sales were reported at $194.2 million in 2012 and $270.2 million in 2016. Eight firms follow Mercury Computer Systems Inc. Five rate MRCY as a “Strong Buy” and three rate the shares as a “Hold”. The consensus price target for MRCY is $38.50.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/25/2017
Ticker Symbol MRCY
Last Price a/o 5:45 PM EST  $                    32.50
Average Volume 365,750
Market Cap $1.4 Billion
Sales $299.4 million
Shares Outstanding 41.2 million
Share Float 39.33 million
Shortable Yes
Optionable Yes
Inside Ownership 4.10%
Short Float 3.81%
Short Interest Ratio 4.1
Quarterly Return 44.18%
YTD Return 12.74%
Year Return 102.32%

II-VI Inc. (Nasdaq: IIVI) Beats Estimates – Shares Rise 14%+

II-VI Inc. – Nasdaq: IIVI

Saxonburg, PA-based II-VI Inc. shares gapped up today and continued to rise. The shares, traded on the Nasdaq under ticker symbol IIVI, closed yesterday at $31.40, gapped to open at $33.35, and hit an inter-day high of $36.25. IIVI shares were responding to II-VI Inc.’s financial earnings announcement in which II-VI achieved record bookings, earnings, and increased EPS 42%.

Vincent D. Mattera, Jr., President and Chief Executive Officer, said “Our second fiscal quarter results reflect our strategy and the results of our efforts to address the growing market opportunities we are seeing, including those in the communications markets. Company margin expansion is being driven by volume and manufacturing efficiencies. With a book to bill ratio of 1.18, we anticipate the momentum we are currently experiencing to continue through the second half of fiscal year 2017.”

II-VI Incorporated develops, manufactures, and sells engineered materials and optoelectronic components and products worldwide. It operates through three segments: II-VI Laser Solutions, II-VI Photonics, and II-VI Performance Products.

Five firms follow IV-II Inc. and four give IIVI shares a “Strong Buy” rating while one gives the shares a “Hold” rating. Their consensus price target for IIVI is $8.50.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

1/24/2017
Ticker Symbol IIVI
Last Price a/o 4:00 PM EST  $                    36.05
Average Volume 447,990
Market Cap $1.91 Billion
Sales $859.5 million
Shares Outstanding 60.97 milion
Share Float 54.54 million
Shortable Yes
Optionable Yes
Inside Ownership 1.90%
Short Float 0.93%
Short Interest Ratio 1.14
Quarterly Return 21.24%
YTD Return 5.90%
Year Return 86.24%