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  • Today - Wednesday, June 19

  • CIDM
    4:12 PM Cinedigm Digital (CIDM): FQ4 EPS of -$0.10 beats by $0.01. Revenue of $21.4M beats by $0.22M. (PR) Comment!
  • SCS
    4:08 PM Steelcase (SCS): Q1 EPS of $0.13 in-line. Revenue of $667.1M misses by $22.83M. (PR) Comment!
  • RHT
    4:07 PM Red Hat (RHT): Q1 EPS of $0.32 beats by $0.01. Revenue of $363M (+15% Y/Y) beats by $3.16M. Shares +3.1% AH. (PR) Comment!
  • MU
    4:05 PM Micron (MU): Q1 EPS of $0.04 beats by $0.01. Revenue of $2.3B beats by $0.06B. Shares -1% AH. (PR) 1 Comment
  • JBL
    4:03 PM Jabil Circuit (JBL): FQ3 EPS of $0.56 beats by $0.02. Revenue of $4.5B (+5.1% Y/Y) beats by $0.1B. (PR) Comment!
  • FNSR
    4:02 PM Finisar (FNSR): FQ4 EPS of $0.20 beats by $0.03. Revenue of $243.4M beats by $0.45M. (PR) Comment!
  • ATU
    12:16 PM Actuant (ATU -0.2%) posts a lackluster performance today, as its FQ3 beat across the board but net profit swung into the red on a $150M write-down tied to its electrical segment. The company recently put the unit up for sale, reclassifying it as a discontinued operation as it looks to focus its growth efforts on the energy, infrastructure, farm productivity, and natural resources and sustainability areas. Sales edged up 0.3% to $344.2M, but gross margin fell to 39.8% from 40.4%. Comment!
  • WSCI
    10:34 AM WSI Industries (WSCI -7%) slides after reporting FQ3 net income of $106K, or $0.04 per diluted share, down from $598K, or $0.21 per diluted share, in the prior year third quarter. Sales were also lower, totaling $9.2M, down 3% from $9.5M Y/Y. The company cites declines in its energy business, and startup costs in new programs in its recreational vehicle market as well its new firearms business for the miss. The company also declared a quarterly dividend of $.04 per share. Comment!
  • ADBE, MKTO
    10:23 AM BofA/Merrill upgrades Adobe (ADBE +6.1%) to Buy in the wake of its FQ2 EPS beat and strong Creative Cloud adds: the firm is upbeat about CC into 2015, and sees Adobe converting much of its Creative Suite base. Jefferies notes CC net adds of 221K beat a consensus of ~185K. Mentioned on the earnings call: the majority of paid CC subs are individual members; Adobe is evaluating new options for CC pricing (previous); "targeted promotions" could hurt CC ARPU in the near-term; and Adobe thinks its infrastructure and analytics tools will allow Marketing Cloud to remain differentiated in the face of new competition. Ad software rival Marketo (MKTO +10.1%) is in sympathy. Comment!
  • ATU
    8:07 AM Actuant (ATU): FQ3 EPS of $0.62 beats by $0.04. Revenue of $344.2M beats by $0.49M. (PR) Comment!
  • FDX
    7:43 AM More on FedEx's (FDX) FQ4: The firm says 3,600 employees will be leaving in phases under a voluntary employee separation program. As a result of more international customers selecting lower-rate services. FedEx says it will make capacity cuts for Express Shipping for its business between Asia and the U.S. FDX +0.8% premarket. (PR) Comment!
  • FDX
    7:37 AM More on FedEx's (FDX) FQ4: The company improved its operating margin during the quarter by 60 bps to 9.6%. The FedEx Express segment saw revenue increase 3% to $6.98B while sales at the FedEx Ground segment were up 12% to $2.78B. FedEx freight segment sales slipped 1% to $1.39B. For FY14 the company sees EPS growth of 7% to 13%. FDX +0.9% premarket. (PR) Comment!
  • FDX
    7:31 AM FedEx (FDX): FQ4 EPS of $2.13 beats by $0.18. Revenue of $11.4B in-line. (PR) Comment!
  • FNSR, JBL
    12:10 AM Notable earnings after Wednesday’s close: FNSR, JBL, MU, RHT Comment!
  • FDX
    12:05 AM Notable earnings before Wednesday’s open: FDX Comment!
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