NEW YORK, July 31, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports
highlighting Intel Corporation (NASDAQ: INTC), Maxim Integrated
Products, Inc. (NASDAQ: MXIM), Freescale Semiconductor, Ltd. (NYSE:
FSL), Mellanox Technologies, Ltd. (NASDAQ: MLNX), and Alliance
Fiber Optic Products Inc. (NASDAQ: AFOP). Today's readers may
access these reports free of charge - including full price targets,
industry analysis and analyst ratings - via the links below.
Intel Corporation Research Report
On July 25, 2013, Intel
Corporation (Intel) announced that its Board of Directors has
declared a quarterly dividend of $0.23 per share. Intel reported that the dividend
is $0.90 per common share on an
annual basis. The dividend is payable on September 1, 2013 to shareholders of record as of
August 7, 2013. The Full Research
Report on Intel Corporation - 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/3f94_INTC]
Maxim Integrated Products, Inc.
Research Report
On July 25, 2013, Maxim Integrated
Products, Inc. (Maxim Integrated) released its Q4 FY 2013 and
full-year FY 2013 financial results (period ended June 29, 2013). Revenues were up 0.5% YoY to
$608.2 million in Q4 FY 2013 and up
1.6% YoY to $2.4 billion in full-year
FY 2013. Net income was up 7.6% YoY to $119
million in Q4 FY 2013 and up 17.6% YoY to $454.9 million in full-year FY 2013. Diluted
earnings per share were up 8.1% YoY to $0.40 in Q4 FY 2013 and up 17.8% YoY to
$1.52 in full-year FY 2013.
Tunc Doluca, President and CEO of
Maxim Integrated commented, "We are disappointed by the weakness in
end market demand for our smartphone products which resulted in
revenue and earnings below expectations. This was partially offset
by revenue growth in 22 of the 24 market segments that we address.
We continue to generate strong profits and cash flow, and we are
confident in our strategy and long-term business model as
demonstrated by the increase in our dividend and share
repurchases." The Full Research Report on Maxim Integrated
Products, 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/a8f1_MXIM]
Freescale Semiconductor, Ltd. Research
Report
On July 25, 2013, Freescale
Semiconductor, Ltd. (Freescale Semiconductor) released its Q2 FY
2013 financial results (period ended June
28, 2013). Net sales increased 0.9% YoY to $1.0 billion. Net loss was $65 million, compared to a net loss of
$34 million in Q2 FY 2012. During the
quarter, loss was $0.25 per diluted
share, compared to a loss of $0.14
per diluted share in Q2 FY 2012. Gregg
Lowe, President and CEO of Freescale Semiconductor, said,
"Our overall financial results continued to improve both
sequentially and year over year." Lowe continued, "Revenues,
operating earnings and adjusted earnings per share all continued to
grow and while we are still early into implementing our new
strategy, we do see some signs of good progress." Freescale
Semiconductor expects Q3 FY 2013 net sales to be in the range of
$1.05 billion to $1.09 billion. It
also expects gross margins to grow by approximately 75 to 100 basis
points on a sequential basis. The Full Research Report on Freescale
Semiconductor, Ltd. - 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/45b4_FSL]
Mellanox Technologies, Ltd. Research
Report
On July 24, 2013, Mellanox
Technologies, Ltd. (Mellanox Technologies) released its Q2 2013
financial results. Revenues were down 26.5% YoY to $98.2 million. Net loss was $1.7 million, or $0.04 per diluted share, compared to a net income
of $32.1 million, or $0.74 per diluted share in Q2 2012. For H1 2013,
revenues were down 18.4% YoY to $181.2
million. Net loss in H1 2013 was $10.2 million, or $
0.24 per diluted share, compared to a net income of
$44.5 million, or $1.04 per diluted share during H1 2012.
Eyal Waldman, Mellanox Technologies
President and CEO, stated, "We are pleased with our Q2 results. We
see growth in the demand of our InfiniBand and Ethernet products.
We increased our Ethernet top-of-rack switch system revenue by 81
percent sequentially, and, although off of a small base, we believe
this indicates our growth opportunity once we have all the building
blocks required for the various markets we serve." The Full
Research Report on Mellanox Technologies, Ltd. - 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/42af_MLNX]
Alliance Fiber Optic Products Inc.
Research Report
On July 23, 2013, Alliance Fiber
Optic Products Inc. (AFOP) released its Q2 2013 financial results.
Revenues were up 65.2% YoY to $19
million. Net income was up 247.6% YoY to $4.3 million. Diluted EPS was up 235.7% YoY to
$0.47. For H1 2013, revenues
were up 41.4% YoY to $31.2 million.
Net income was up 184.8% YoY to $6.1
million, whereas diluted EPS was up 183.3% YoY to
$0.68 during H1 2013. Peter Chang, President and CEO of AFOP, said,
"We are very pleased with the exceptional financial performance and
progress AFOP made in the quarter ended June
30, 2013. With excellent efforts by our Asia operations, we managed unexpected demand
increases and delivered much higher than originally guided
quarterly revenues. With our focus on operational excellence, we
continued to improve gross margins to a record level above 38%,
which resulted in a 132% increase in profits based on our 57%
revenue growth from the previous quarter." The Full Research Report
on Alliance Fiber Optic Products 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/22f0_AFOP]
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