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  • Texas Instruments: Here's Why The Company's Gross Margin Will Improve In The Future
    Wed, May. 14 TXN Comment!

    Summary

    • Higher revenues, combined with an improving product mix and better factory utilization, increased gross margin to 52.1% in 2013.
    • In Q1 2014, gross margin further improved to 53.9%.
    • The company believes that the analog and embedded segments offer long-term growth and less volatility compared to the past.
  • DISH Adds 40,000 Pay-TV Subscribers In The First Quarter
    Wed, May. 14 DISH Comment!

    Summary

    • The satellite TV company once again managed to post subscriber gains in an environment in which the pay-TV industry is losing subscribers.
    • DISH has benefited from its promotional offers, AutoHop DVR and the ongoing migration of subscribers from cable to satellite.
    • We believe these initiatives will continue to drive DISH's pay-TV operations in the near term.
  • China And India Crucial For Land Rover Growth
    Wed, May. 14 TTM Comment!

    Summary

    • China is the largest market for Tata's Land Rover unit, constituting one-fourth of net volumes.
    • Although the luxury business targeted by Tata represents a tiny portion of India's passenger vehicle market, the segment grew 15% last year.
    • We expect Land Rover to cross annual sales of 700,000 units by the end of the decade.
  • CBS Earnings Grow 7% Due To Higher Non-Advertising Income
    Wed, May. 14 CBS Comment!

    Summary

    • Content licensing and distribution revenues increased 6% to $1.07 billion compared to the prior year period. International content licensing grew by 22%.
    • Affiliate and subscription fees increased by 9% to $567 million compared to the prior year period, thanks to 19% growth in retransmission revenues and network affiliation fees.
    • CBS will see solid growth especially in the second half of 2014 driven by Thursday Night Football and higher advertising revenues due to the midterm elections.
  • Cisco: Another Challenging Quarter Due To Product Transitions, Emerging Market Weakness
    Mon, May. 12 CSCO 5 Comments

    Summary

    • Revenues are predicted to decline by 6-8% over the same period last year due to weakness in emerging markets and reduced spending by service providers.
    • Cisco faces a significant long-term threat from software-defined networking (SDN) gradually gaining in prominence and cutting into its margins.
    • However, we are encouraged by the strong initial bookings Cisco is seeing for new products.
  • Symantec's FY14: Expense Management Compensates Weak Revenue
    Mon, May. 12 SYMC Comment!

    Summary

    • For FY14, revenues declined 3.3% compared to FY13, primarily impacted by a sizable 19% reduction in license sales.
    • Despite the weak performance on the top line, the company managed to contain costs significantly.
    • Symantec has a plan in place to arrest declining sales and turn around its business performance.
  • Reviewing Adobe's Digital Marketing Offering
    Mon, May. 12 ADBE Comment!

    Summary

    • The digital marketing cloud makes up 20% of Adobe's estimated value and generated around $1 billion in annual revenues in 2013.
    • Adobe's marketing platform should continue to lead the digital marketing solutions market in the short term, where it enjoys strong brand recognition.
    • Adobe is aiming to increase its revenues from cloud-based marketing solutions by expanding in new geographies and vertical markets where it has a strong presence.
  • Why We Increased Our Price Estimate For Monster
    Fri, May. 9 MWW 2 Comments

    Summary

    • Although Monster's business has suffered over the last few years, recent developments suggests that it may have bottomed out, especially in the U.S.
    • Monster's buyout of Goazaik and TalentBin can help it become more data-centric, run efficient algorithms, and redesign its user interface to capture the talent acquisition market.
    • Our current price estimate for the company stands at $7.92, implying a premium of about 40% to the market price.
  • Professional Graphics, PC Gaming And Tegra Drive Nvidia's Growth During Its Latest Fiscal Quarter
    Fri, May. 9 NVDA Comment!

    Summary

    • PC gaming (both desktops and notebooks) grew at a robust rate in the quarter as gamers continued to buy high-end GPUs to play the latest PC games.
    • Accounting for 80% of the market, Nvidia remains the dominant player in professional GPUs.
    • With IBM, Dell and HP now selling Nvidia GPUs in their high-volume servers, the company expects large-scale data centers to be a significant source of growth.
  • Despite A Disappointing Performance, Pfizer Pins Its Hope On These Drugs
    Fri, May. 9 PFE 16 Comments

    Summary

    • The loss of patent exclusivity for major drugs continued to weigh on the company's overall revenue growth during the last reporting period.
    • Pfizer expects drugs such as Eliquis and Duavee, as well as the expected launch of an OTC version of Nexium, to add to incremental revenues this year.
    • With no significant competition in the market, Prevnar has the potential to make up for the company's previous revenue losses due to the expiration of several patents.
  • Why Cree Can Manage To Increase Its Gross Margins
    Fri, May. 9 CREE 1 Comment

    Summary

    • Higher LED volumes combined with lower-cost products, cost reductions and higher factory utilization will help increase Cree's overall gross margin.
    • LED penetration is expected to increase in the future and being one of the leading global LED manufacturers, Cree will benefit from the trend.
    • The company has a strong balance sheet, which gives it the ability to invest in growing its business and respond to new market opportunities.
  • DirecTV Continues To Add Pay-TV Subscribers In The U.S. And Latin America
    Thu, May. 8 DTV Comment!

    Summary

    • DirecTV posted good numbers for the first quarter, including 6% growth in revenues.
    • The macroeconomic situation in Latin America will impact the company's performance in the near term. However, U.S. operations will remain stable.
    • The company added 361,000 video subscribers in Latin America while it added 12,000 in the U.S.
  • AOL Earnings: Restructuring Lowers Profitability Even As Ad Revenues Soar
    Thu, May. 8 AOL Comment!

    Summary

    • AOL posted 8% year-over-year growth in total revenues for the quarter to $583.3 million.
    • Its net income declined by 64% year over year to $9.3 million due to restructuring and asset impairment charges.
    • As expected, much of the revenue growth for AOL came from the growth of programmatic platform across the third-party network.
  • Can Intel Gain Additional Share In The Mobile Market?
    Thu, May. 8 INTC 31 Comments

    Summary

    • Intel announced that it shipped 5 million tablet chips in the first quarter and is on track to reach a goal of shipping 40 million tablet chips in 2014.
    • If Intel meets its target of shipping 40 million tablet chips by the end of 2014, its market share would increase to approximately 15%.
    • LTE integration will enable Intel to make a deeper foray in the smartphone market.
  • TripAdvisor Posts Strong Results On Meta Improvements, Ups Guidance
    Thu, May. 8 TRIP 1 Comment

    Summary

    • The company's click-based advertising revenue increased by 16% year-on-year and accounted for 74% of total revenues in Q1.
    • Better quality leads have allowed TripAdvisor to increase its advertising rates.
    • The company's instant booking feature is expected to reach 100% of smartphone users in its most important markets by the end of this quarter.
  • Yahoo Eyes Big Bucks As Alibaba Files For IPO
    Wed, May. 7 YHOO 5 Comments

    Summary

    • Yahoo's stock has performed exceedingly well over the past two years, primarily due to its investment in Alibaba.
    • We conservatively estimate the value of Alibaba at $95 billion.
    • In this article, we will briefly discuss Alibaba's business and the potential upside for Yahoo's investment.
  • Higher ARPU And Customer Base Growth Prospects Boost Valuation To $31 For Constant Contact
    Wed, May. 7 CTCT Comment!

    Summary

    • Compared to previous quarters on a sequential basis, Constant Contact's revenue growth rate in Q1 2014 was higher.
    • Gross margins expanded significantly for the quarter, reaching 72.5% compared to 70.8% in Q1 2013.
    • Various drivers contributed to the company's strong Q1 performance.
  • First Solar Earnings Driven By Campo Verde Project, Lower Costs
    Wed, May. 7 FSLR 8 Comments

    Summary

    • First Solar's latest results were aided by revenue recognition on its large-scale solar power plants in North America as well as lower balance of system and panel manufacturing costs.
    • This quarter's strong performance also was partly attributable to the fact that the company recognized 100% of the project revenue from its 139 megawatt Campo Verde project in southern California.
    • First Solar indicated that it has been able to expand its pipeline of potential business opportunities to around 12.2 gigawatts, with around 1.25 GW of the deals in the mid-to-late stages.
  • EA And Activision Beat Expectations As Digital Revolution Continues
    Wed, May. 7 EA, ATVI Comment!

    Summary

    • EA and Activision beat market expectations for the March quarter with strong performances from core franchises and expansion into the digital domain.
    • Digital expansion is a priority for both Electronic Arts and Activision as they head into the new era of gaming.
    • The popularity of new consoles suggests that a sales revival is likely around the corner, and both EA and Activision have strong lineups to capitalize on that trend.
  • Akamai's Solid Q1 Performance Offset By Near-Term Margin Concerns
    Tue, May. 6 AKAM Comment!
  • Q1 Earnings Preview: Dish Network's Pay-TV Subscriber Trend In Focus
    Tue, May. 6 DISH Comment!
  • Nvidia's Earnings Preview: PC Gaming, Tesla And Tegra Processors Will Drive Growth
    Tue, May. 6 NVDA Comment!
  • Market Is Valuing LinkedIn More Realistically Now
    Tue, May. 6 LNKD 8 Comments
  • Electronic Arts And Activision Earnings Preview: Digital Streams Should Lead To Margin Expansion
    Mon, May. 5 EA, ATVI 1 Comment
  • First Solar Earnings Preview: Large U.S. Projects To Drive Results
    Mon, May. 5 FSLR 6 Comments
  • AOL Earnings Preview: Growth In Ad Tech Platform To Take Center Stage
    Mon, May. 5 AOL Comment!
  • Motorola Posts Disappointing Q1 On Government Slowdown, Narrowbanding Impact
    Mon, May. 5 MSI 1 Comment
  • Tesla Expands Into China, But Should Only Be A Small Player In The Luxury Segment
    Fri, May. 2 TSLA 90 Comments
  • Samsung's Profits Stagnate As Smartphone Saturation More Than Offsets Chipset Recovery
    Fri, May. 2 SSNLF 2 Comments
  • eBay Enters 2014 With All Engines Firing
    Thu, May. 1 EBAY 4 Comments
  • Consumer Electronics Lift Western Digital's Earnings As Enterprise Storage Disappoints
    Thu, May. 1 WDC 5 Comments
  • Who Will Benefit From Travelzoo's Hotel Booking Platform And How
    Thu, May. 1 TZOO Comment!