07.08.2013 14:00:00
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Technological Boom through Financial Results and Launches - Research Report on Altera, Sourcefire, Cepheid, OmniVision, and PMC
NEW YORK, August 7, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Altera Corp. (NASDAQ: ALTR), Sourcefire, Inc. (NASDAQ: FIRE), Cepheid (NASDAQ: CPHD), OmniVision Technologies Inc. (NASDAQ: OVTI), and PMC-Sierra Inc. (NASDAQ: PMCS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Altera Corp. Research Report
On July 30, 2013, Altera Corp. (Altera) announced the interoperability of its Interlaken Intellectual Property (IP) core on Stratix V FPGAs with Cavium's OCTEON multicore processors, which in turn simplifies an OEM's device decision-making process through ensured chip-to-chip connectivity. Altera reported that its Interlaken IP core provides high throughput and performance during workload peaks. According to Alex Grbic, Director of Product Marketing at Altera, "The flexibility of our Interlaken IP core makes Altera FPGAs instantly usable with the variety of SoC, ASSP and ASIC device interfaces in the market. Demonstrating interoperability with Cavium OCTEON devices shows both the high quality of our Interlaken IP and our commitment to proving out solutions." The Full Research Report on Altera 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/eab3_ALTR]
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Sourcefire, Inc. Research Report
On July 29, 2013, Sourcefire, Inc. (Sourcefire) released its financial results for Q2 2013. The Company's total revenue was up by 28.6% to $65.1 million, and total cost of revenue was up 25.6% YoY to $14.5 million, resulting in a gross profit of $50.6 million, up 29.4% YoY, in Q2 2013. On a GAAP basis, the Company's net income was up 99.2% YoY to $2.2 million, or $0.07 per diluted share. Sourcefire stated that the Company's free cash flow was up 126.3% YoY to $2.5 million in Q2 2013. The Full Research Report on Sourcefire, 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/9b2c_FIRE]
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Cepheid Research Report
On July 30, 2013, Cepheid (Cepheid) announced the launch of its "Ride Against TB" campaign, which aims to raise general awareness about the need for improved diagnostic solutions for the rapid detection of tuberculosis and to raise funds to benefit the American Lung Association's (ALA) fight against all lung diseases. According to Cepheid's Chairman and CEO, John Bishop, "This is an excellent opportunity for both Cepheid and the American Lung Association to elevate TB awareness within the U.S. and help fight overall lung disease." Additionally, American Lung Association's National President and CEO, Harold P. Wimmer, said, "Our goal is to raise public awareness of the need for improved diagnosis and treatment options for lung disease patients and to increase access to appropriate health care for all." The Full Research Report on Cepheid - 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/0ed3_CPHD]
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OmniVision Technologies Inc. Research Report
On August 1, 2013, OmniVision Technologies Inc. (OmniVision) announced that it will release its Q1 FY 2014 financial results in after market hours on Thursday, August 29, 2013. Additionally, the Company will host a conference call to discuss the quarterly performance at 5:00 p.m. ET on the same day. The conference call will be webcast and will be accessible through the Company's website. A replay will also be available for a week from approximately one hour after the conclusion of the call. 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.analystscorner.com/r/full_research_report/65bd_OVTI]
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PMC-Sierra Inc. Research Report
On July 29, 2013, PMC-Sierra Inc. (PMC) reported its financial results for Q2 FY 2013 (period ended June 29, 2013). The Company's net revenues stood at $127.9 million, up 2.2% QoQ. GAAP net loss was $4.2 million or $0.02 per diluted share in Q2 FY 2013, compared to a net loss of $6.8 million or $0.03 per diluted share in Q1 FY 2013. Reflecting on the recent quarter's performance, Greg Land, PMC President and CEO, said, "Our second quarter results were in line with our outlook despite the muted environment. The recent acquisition of IDT's PCI Express (PCIe) flash controller business further expands our growth opportunities and positions us as a leader in the rapidly growing enterprise solid-state drive (SSD) market segment." The Full Research Report on PMC-Sierra 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/965a_PMCS]
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