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Nam Tai Property Inc. (NTP)

  • Mon, Feb. 2, 6:06 AM
    • Nam Tai Property (NYSE:NTP): Q4 EPS of -$0.13
    • Revenue of $0.83M (+2666.7% Y/Y)
    • Press Release
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  • Nov. 3, 2014, 7:00 AM
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  • Aug. 4, 2014, 6:17 AM
    • Nam Tai Property (NYSE:NTP): Q2 EPS of -$0.10.
    • Revenue of $591K (+823.4% Y/Y).
    • Press Release
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  • Jan. 27, 2014, 6:20 AM
    • Nam Tai Electronics, Inc. (NTE): Q4 EPS of $0.11
    • Revenue of $234.95M (-24.7% Y/Y)
    • Press Release
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  • Nov. 4, 2013, 6:11 AM
    • Nam Tai Electronics (NTE): Q3 EPS of $0.40.
    • Revenue of $284.19M (+61% Y/Y). (PR)
  • Aug. 28, 2013, 10:49 AM
    • RF component makers Skyworks (SWKS +2.7%), RF Micro (RFMD +2.9%), TriQuint (TQNT +2.5%), and Anadigics (ANAD +2.8%) are outperforming after peer Avago (AVGO +4%) blew past FQ3 estimates and issued strong FQ4 guidance, while predicting it would get a boost from "very strong product ramps in wireless." Other than Anadigics, all of the aforementioned companies are iPhone suppliers.
    • Non-RF Apple suppliers Cirrus Logic (CRUS +7%), OmniVision (OVTI +2.1%), SanDisk (SNDK +2%), and Nam Tai (NTE +3.2%) are also faring well.
    • On the FQ3 CC, Avago asserted once again the technical demands of 4G radios are helping it gain RF component share, and noted its "two largest smartphone customers" (Apple and Samsung) are ramping next-gen platforms (the iPhone 5S/5C and Galaxy Note 3). Avago says it expects its "content in both these platforms continue to improve substantially."
    • On the wireline/networking side, Avago is upbeat about improving core router demand, the adoption of 40G switches within data centers, CyOptics' sales, and strong 10G/40G optical transceiver demand. The last two are positives for JDSU, FNSR, and NPTN.
    • Goldman, RBC, and Canaccord have hiked their Avago PTs.
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  • Aug. 5, 2013, 1:28 PM
    • Excluding $30.7M in revenue from Nam Tai's (NTE -14.5%) discontinued tablet LCD manufacturing ops, Q2 revenue rose 64% Y/Y to $167.9M.
    • Gross margin was 9.6%, up from 4.1% in Q1 but down from 15% a year ago.
    • Nam Tai halted manufacturing at its Wuxi, China tablet LCD facility (previous) at the end of May "due to a lack of new customer orders and after it was unsuccessful in finding a joint venture partner." The company is looking to sell the facility.
    • Nam Tai's Shenzhen facility has received a smartphone LCD order in Q3 from "an existing customer" (Apple?), but the customer is still expected to move production to a lower-cost supplier in time.
    • Customer orders are expected to remain "volatile," with continued price pressure, and the amount of EMS services provided by Nam Tai is expected to be "further reduced significantly."
    • All "commercially viable alternatives" are being explored to continue LCD manufacturing. Also, Nam Tai is looking to convert another Shenzhen facility into "a high-end commercial complex."
    • Q2 results, PR
  • Aug. 5, 2013, 6:48 AM
    • Nam Tai Electronics (NTE): Q2 EPS of -$0.71 may not be comparable to consensus of $0.05.
    • Revenue of $167.9M. (PR)
  • Apr. 29, 2013, 6:37 AM
    Nam Tai Electronics (NTE): Q1 EPS of $0.11 beats by $0.06. Revenue of $177.4M (+102% Y/Y) beats by $27.4M. (PR)
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  • Jan. 28, 2013, 8:06 AM
    More on Nam Tai (NTE) Q4 earnings: At $468.5M, revenues slightly exceeded the bullish expectations of SA Pro author Valuable Insights. Earnings of $0.80 beat the writer's hope of $0.63 as gross margins of 10.5% exceeded his/her model of 9% Conference call at 8:30 ET. Shares +15.7% premarket. (PR)
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  • Jan. 28, 2013, 7:37 AM
    Nam Tai Electronics (NTE): Q4 EPS of $0.80. Revenue of $468.5M (+263% Y/Y). (PR)
  • Jan. 28, 2013, 12:05 AM
    Notable earnings before Monday’s open: BIIB, CAT, NTE
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  • Jan. 27, 2013, 5:30 PM
    Notable earnings before Monday’s open: BIIB, CAT, NTE
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  • Nov. 5, 2012, 6:34 AM
    Nam Tai Electronics (NTE): Q3 EPS of $0.52. Revenue of $380.3M (+198% Y/Y) . (PR)
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  • Apr. 13, 2012, 9:23 AM
    Electronics contract manufacturer CTS is down 12.9% premarket after warning it expects Q1 EPS of $0.05-$0.07, below a Street estimate of $0.16. The company, which just restarted manufacturing at a Thai facility crippled by flooding, blames lagging insurance reimbursements, customer returns, and a slow start to Q1. CTS is reiterating its 2012 EPS guidance of $0.75-$0.80 ($0.78 consensus). Some of CTS' peers: JBL, FLEX, SANM, CLS, PLXS, NTE.
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  • Feb. 13, 2012, 4:01 PM
    Chinese contract manufacturer Nam Tai Electronics (NTE -12.9%) falls hard after reporting Q4 revenue of $145.3M (-12.7% Y/Y) and EPS of -$0.13 ($0.12 profit in year-ago period). Nam Tai's bottom line has been hit by rising labor costs, and it sees labor costs/employee rising another 23% in 2012. The company also warns of continued price pressure in its LCD module assembly business.
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Company Description
Nam Tai Property Inc, along with its subsidiaries is an electronics manufacturing and design services provider to OEMs of telecommunication and consumer electronic products. The Company manufactures electronic components and subassemblies.
Sector: Technology
Country: China