Infinera Corporation Reports Fourth Quarter and Fiscal Year 2011 Financial Results
Infinera Corporation (NASDAQ: INFN - News), a leading provider of digital optical communications systems, today released financial results for the fourth quarter and fiscal year ended December 31, 2011. GAAP revenues for the quarter were $112.0 million compared to $104.0 million in the third quarter of 2011 and $117.1 million in the fourth quarter of 2010. GAAP gross margins for the quarter were 40% compared to 39% in the third quarter of 2011 and 49% in the fourth quarter of 2010. GAAP net loss for the quarter was $(19.4) million, or $(0.18) per share, compared to net loss of $(21.8) million, or $(0.21) per share, in the third quarter of 2011 and a net loss of $(2.7) million, or $(0.03) per share, in the fourth quarter of 2010.
OpenText Reports Second Quarter Fiscal Year 2012 Financial Results
Open Text(TM) Corporation (NASDAQ:OTEX - News) (TSX: OTC.TO - News), today announced unaudited financial results for its second fiscal quarter ended December 31, 2011. (1) Financial Highlights for Q2 FY12 Total revenue for the period was $321.5 million, up 20.2% Y/Y License revenue was $89.7 million, up 13.3% Y/Y GAAP -based EPS was $0.81 compared to $0.64 Y/Y; Non-GAAP- based EPS was $1.39 compared to $1.22 Y/Y (2)
Green Mountain Coffee Roasters, Inc. Reports Fiscal Year 2012 First Quarter Results
Strong Keurig® Single Cup Brewer and Beverage Holiday Sales Drive 102% Net Sales Growth Green Mountain Coffee Roasters, Inc., (GMCR) (NASDAQ: GMCR - News), a leader in specialty coffee and coffee makers, today announced its fiscal year 2012 first quarter results for the thirteen weeks ended December 24, 2011. Performance Highlights First Quarter Fiscal Year 2012 Net sales of $1,158.2 million, up 102% over net sales of $574.1 million in the year-ago quarter
Seagate Technology Reports Fiscal Second Quarter 2012 Financial Results
Seagate Technology plc (NASDAQ: STX - News) today reported financial results for the quarter ended December 30, 2011. The company shipped 47 million disk drives and reported revenue of $3.2 billion, gross margin of 31.6%, net income of $563 million and diluted earnings per share of $1.28. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported net income of $581 million and diluted earnings per share of $1.32 for the quarter ended December 30, 2011. For the six months ended December 30, 2011, the company reported revenue of $6.0 billion, gross margin of 26.0%, net income of $703 million and diluted earnings per share of $1.61. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported net income of $727 million and diluted earnings per share of $1.67.
PAREXEL Reports Second Quarter Fiscal Year 2012 Financial Results
- Consolidated service revenue of $333.2 million grew 9.5% year-over-year - GAAP operating margin of 6.8%; adjusted operating margin of 7.1% excluding net restructuring charges of $1.2 million - GAAP diluted earnings per share of $0.21; adjusted earnings per share of $0.23 excluding restructuring and related charges - Backlog at approximately $3.74 billion, up 23.8% from the December quarter one year ago, with a net book-to-bill ratio of 1.50
Scorpio Mining Advances Expansion Planning to Increase Production Capacity at Nuestra Señora Processing Plant by Over 80%
Scorpio Mining Corporation (TSX: SPM) ("Scorpio" or the "Corporation") is pleased to announce that the proposal to expand its 100% owned Nuestra Señora processing plant, located in Sinaloa, Mexico has been approved by its Board of Directors. Parviz Farsangi, President & CEO, comments, "Our continued improvements and success in the areas of production, processing and financial strength have allowed us to focus on a major expansion project that is expected to increase our current production capacity by over 80%. Scorpio Mining has a strong resource base from which to build on and significant exploration upside in the Cosalá and Parral districts, providing excellent opportunity to grow substantially in the near term through advancing our 100% owned assets."
Scorpio Mining Reports Record 2011 Production Results and 2012 Guidance for Nuestra Señora
Scorpio Mining Corporation (TSX: SPM) ("Scorpio Mining" or the "Corporation") is pleased to report that the 2011 production results for the Nuestra Señora mine in Mexico confirm a second successive year of silver production growth for the Corporation. Production of all key metals increased substantially over 2010, as mine metal output, plant throughput and recoveries improved. Parviz Farsangi, President and CEO comments, "I wish to thank the board, the management team and staff for their contributions to Scorpio mining's success over the past two years. 2011 was another record production year for Scorpio Mining, resulting from a number of key improvements to both mining and plant operations. This strong performance allowed Scorpio Mining to reach a debt-free status in the second quarter.
Cepheid Reports Fourth Quarter and Full Year 2011 Results
Record GeneXpert® System Placements Contribute to 39% Growth in Clinical Business Cepheid (Nasdaq: CPHD - News) today reported revenue for the fourth quarter of 2011 of $80.1 million. Net loss was $1.6 million, or $(0.03) per share, which compares to revenue of $58.7 million and net income of $1.3 million, or $0.02 per diluted share, in the fourth quarter of 2010. As anticipated, the fourth quarter net loss reflected a one-time, non-cash charge to cost of sales of $5.4 million, or $0.08 per share, associated with the termination of a patent license.
Datawatch Continues Growth, Reports Strong First Quarter Results
Total Revenue of $6.27 Million Up 50% Over First Quarter of 2011 License Revenue of $4.21 Million Up 99% Over First Quarter of 2011 Datawatch Corporation (NASDAQ-CM: DWCH - News), the leading global provider of report analytics software and services, today announced that total revenue for its first quarter ended December 31, 2011 was $6.27 million, an increase of 50% from revenue of $4.18 million in the first quarter a year ago. License revenue for the first quarter of fiscal 2012 was $4.21 million, a 99% increase over the $2.11 million from the comparable quarter a year ago. Net income for the first quarter of fiscal 2012 was $603,000, or $0.09 per diluted share, compared to net income of $229,000, or $0.04 per diluted share, for the year ago period.
PTC Announces Strong Q1 Results, Increases FY’12 and Long-Term Targets
PTC (Nasdaq: PMTC), today reported results for its first fiscal quarter ended December 31, 2011. PTC also announced an organizational realignment and restructuring to drive long-term growth and enhanced profitability. Highlights Q1 Results: Non-GAAP revenue of $319.8 million, up 20% year over year, and non-GAAP EPS of $0.35 GAAP revenue of $318.3 million and GAAP EPS of $0.18 Revenue contribution from MKS (acquired on May 31, 2011) and 4CS Solutions (acquired on September 2, 2011) was $20 million on a non-GAAP basis and $18.5 million on a GAAP basis
Netflix Releases Fourth-Quarter 2011 Financial Results
Netflix, Inc. (NASDAQ: NFLX - News) has released its fourth-quarter 2011 financial results by posting them to its website. Please visit the investor relations section of the Netflix website at http://ir.netflix.com to view the Q4'11 financial results and letter to shareholders. As previously announced, Netflix management will host a live Q&A session at 3:00 p.m. Pacific Time to discuss the Company's financial results and business outlook, with questions submitted via email. Please email your questions to firstname.lastname@example.org. The company will read the questions aloud on the call and respond to as many questions as possible. For those without access to the Internet the dial-in for the live earnings Q&A session is: (760) 666-3613. After email Q&A, we will also open up the lines to take live follow-up questions.
8x8, Inc. Announces Record Third Quarter Fiscal 2012 Results
Quarterly Revenue Increases 31% Year-Over-Year to $23.3 Million and Net Income Increases 73% to $2.6 Million, or $0.04 Per Share 8x8, Inc. (Nasdaq:EGHT - News), provider of innovative business communications and cloud computing solutions, today reported record financial results for the third quarter of fiscal 2012, the period ended December 31, 2011. Total revenue for the third quarter of fiscal 2012 was $23.3 million, a 31% increase compared to the same period last year and a 17% sequential increase compared to revenue of $19.8 million in the prior quarter. Total revenue from business customers, including hosted communications service revenue as well as cloud data revenue, grew 42% year-over-year and represented 93% of total revenue.
Bellatrix exceeds exit guidance, averaging 16,000 boepd during December 2011, layers in additional commodity fixed price contracts for 2012, announces plans to drill a 100% Duvernay test in Q1 2012 and provides a further operational update
Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") is pleased to announce that average production in the month of December 2011 (based on field estimates) averaged 16,000 barrels of oil equivalent per day (boe/d) and that it has recently layered in additional commodity fixed price contracts for 2012. Bellatrix also announces plans to drill a 100% Duvernay test in Q1, 2012 and provides a further operation update.
Uranium One Announces Record Production and Sales for 2011 and Extends Mantra Option
Uranium One Inc. today announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011. Uranium One also announced that, under the terms of the previously disclosed Mantra option agreement between the Company and its 51% shareholder ARMZ, it has elected to pay US$150 million to ARMZ which will both extend the term of the Mantra purchase option from June 7, 2012 to June 7, 2013 and result in Uranium One acquiring a 13.9% stake in Mantra from ARMZ. Production Attributable production for 2011 increased by approximately 45% to a record of 10.7 million pounds U3O8, compared to 7.4 million pounds produced in 2010. During the fourth quarter of 2011, attributable production was a record 3.4 million pounds U3O8, an approximate 62% increase compared to 2.1 million pounds produced during the fourth quarter of 2010.
Osisko Previews Q4 2011 Canadian Malartic Operating Results
Production of 79,718 Ounces Au in Fourth Quarter Production of 200,137 Ounces Au for First Partial Year of Operations 2011 Osisko Mining Corporation (the "Company" or "Osisko") (TSX:OSK.TO - News)(FRANKFURT:EWX.F - News) is pleased to report a preview of Canadian Malartic operational results for the quarter ended December 31, 2011. Fourth Quarter Operating Highlights -- Gold production of 79,718 ounces -- Total gold production of 200,137 ounces for first partial year 2011 -- Increase in grade mined in fourth quarter averaging 0.96 g/t Au -- Recoveries continue to be higher than feasibility modeling at 88.3 percent for fourth quarter
Crocs, Inc. Expects to Surpass $1 Billion in Revenue in 2011
Company to Present at ICR XChange Conference on January 11th Crocs, Inc. (NASDAQ: CROX - News) today announced that it expects annual revenue to surpass $1 billion for the first time when the Company reports results for the year ended December 31, 2011. The Company now estimates that Q4 revenue will be at the high end of the prior guidance of $200 to $205 million. This compares with the Company’s reported revenue of $790 million for the year ended December 31, 2010.
Valeura Provides Quarterly Operational Update
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Valeura Energy Inc. ("Valeura" or the "Corporation") (TSX: VLE.TO - News) is pleased to provide an update of its fourth quarter 2011 operational activities in Turkey and Canada, including results from its proof-of-concept fracture stimulation ("frac") program in the Thrace Basin of Turkey. The Corporation expects to release its complete interim unaudited financial and operating results for the fourth quarter of 2011, including final sales volumes, and audited results for the twelve month period ended December 31, 2011 on March 10, 2012.
lululemon athletica inc. Raises Guidance for Fourth Quarter of Fiscal 2011
lululemon athletica inc. [NASDAQ: LULU; TSX: LLL] today announced that the Company is raising its guidance for the fourth quarter of fiscal 2011 ending January 29, 2012. For the fourth quarter of fiscal 2011, the Company now expects diluted earnings per share to be in the range of $0.47 to $0.49 as compared to its previous guidance range for diluted earnings per share of $0.40 to $0.42. The Company's improved guidance reflects stronger than anticipated net revenue for the quarter. The Company now expects net revenue to be in the range of $358 million to $363 million for the fourth quarter of fiscal 2011. This compares to the Company’s previous guidance of net revenue in the range of $327 million to $332 million for the quarter, and compares to net revenue of $245 million for the fourth quarter of fiscal 2010.
Cirrus Logic Announces Preliminary Q3 Revenue Grows 28 Percent Year Over Year to $122 Million
Company Expects Q4 Revenues of Approximately $105 Million, an Increase of 15 Percent Year Over Year Cirrus Logic Inc. (Nasdaq: CRUS - News) today announced estimated net revenue based on preliminary unaudited financial results for the third fiscal quarter, which ended on Dec. 31, 2011, of approximately $122 million. Previously, the company anticipated revenue to be between $102 million and $108 million. Revenue from audio products is estimated at $105 million and revenue from energy products is expected to be approximately $17 million. The company expects gross margin to be approximately 54 percent and combined R&D and SG&A expenses are estimated to be approximately $600,000 above the upper end of guidance, due primarily to additional product development expenses.
Zumiez Inc. Reports December 2011 Sales Results
Company Raises Fourth Quarter Guidance Zumiez Inc. (NASDAQ: ZUMZ - News), a leading specialty retailer of action sports related apparel, footwear, equipment and accessories, today announced that total net sales for the five-week period ended December 31, 2011 increased 18.1% to $104.6 million, compared to $88.5 million for the five-week period ended January 1, 2011. The Company's comparable store sales increased 10.0% for the five-week period, on top of a comparable store sales increase of 9.2% in the year ago period.
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