Business Wire (May 17, 2013)
Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
600 people get QLGC articles and Market Currents by email alert.
Get email alerts on QLGC »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
GlobeNewswire (May 16, 2013)
-
GlobeNewswire (May 14, 2013)
-
GlobeNewswire (May 13, 2013)
-
Business Wire (May 2, 2013)
-
Business Wire (Apr 30, 2013)
-
GlobeNewswire (Apr 30, 2013)
-
GlobeNewswire (Apr 4, 2013)
-
GlobeNewswire (Apr 1, 2013)
-
GlobeNewswire (Mar 26, 2013)
-
GlobeNewswire (Mar 25, 2013)
-
GlobeNewswire (Mar 22, 2013)
-
GlobeNewswire (Mar 21, 2013)
-
GlobeNewswire (Mar 11, 2013)
-
-
GlobeNewswire (Feb 20, 2013)
-
GlobeNewswire (Feb 19, 2013)
-
-
-
-
-
-
-
Earnings Preview: QLogicTheflyonthewall • Thu, Jul 26, 2012 -
-
-
Earnings Preview: QLogicTheflyonthewall • Thu, May 3, 2012
-
Earnings Preview: QLogicTheflyonthewall • Thu, Jan 26, 2012
-
QLogic Adds 5 Good Years To Its Fibre Channel Cash CowFrank Berry • Fri, Sep 30, 2011
-
-
Earnings Preview: QLogicTheflyonthewall • Thu, Jul 28, 2011
-
QLogic Ups 2Q OutlookZacks Investment Research • Mon, Oct 11, 2010 -
-
Earnings Preview: QLogicTheflyonthewall • Thu, Apr 29, 2010
-
Earnings Preview: QLogicTheflyonthewall • Mon, Jan 25, 2010
-
QLogic Q2: Earning, Revenue BeatZacks Investment Research • Thu, Oct 22, 2009
-
Earnings Preview: QLogicTheflyonthewall • Wed, Oct 21, 2009
-
-
-
Balance Sheet Bargains - SemiconductorsJohn Connors • Fri, Dec 7, 2012 -
-
-
-
-
QLogic And Intel: Partners In CloudJoseph Harry • Thu, Oct 4, 2012 -
7 Cash-Loaded Tech Stocks With Strong EarningsZetaKap • Mon, Sep 24, 2012 -
-
-
-
-
7 Small Cap Stocks With Strong Liquidity And ProfitsZetaKap • Mon, Aug 20, 2012
-
-
-
-
-
6 Undervalued Tech Giants With A Sustainable Competitive Advantage?Vuru • Mon, May 14, 2012 -
-
QLogic's CEO Discusses Q2 Results - Earnings Call TranscriptThu, Oct 25, 2012
-
QLogic's CEO Hosts 2012 Analyst Day Conference (Transcript)Fri, Sep 7, 2012
-
QLogic's CEO Presents at JPMorgan TMT Conference Call (Transcript)Wed, May 16, 2012
-
QLogic's CEO Discusses F4Q 2012 Results - Earnings Call TranscriptThu, May 3, 2012
-
QLogic's CEO Discusses F3Q12 Results - Earnings Call TranscriptThu, Jan 26, 2012
-
QLogic's CEO Discusses F2Q12 Results - Earnings Call TranscriptThu, Oct 27, 2011
-
QLogic's CEO Discusses F1Q 2012 Results - Earnings Call TranscriptThu, Jul 28, 2011
-
QLogic CEO Discusses F4Q 2011 Results - Earnings Call TranscriptThu, May 5, 2011
-
Business Wire (May 17, 2013)
-
GlobeNewswire (May 16, 2013)
-
GlobeNewswire (May 14, 2013)
-
GlobeNewswire (May 13, 2013)
-
Business Wire (May 2, 2013)
-
Business Wire (Apr 30, 2013)
-
GlobeNewswire (Apr 30, 2013)
-
GlobeNewswire (Apr 4, 2013)
-
GlobeNewswire (Apr 1, 2013)
-
GlobeNewswire (Mar 26, 2013)
-
GlobeNewswire (Mar 25, 2013)
-
GlobeNewswire (Mar 22, 2013)
-
GlobeNewswire (Mar 21, 2013)
-
GlobeNewswire (Mar 11, 2013)
-
GlobeNewswire (Feb 20, 2013)
-
GlobeNewswire (Feb 19, 2013)
-
GlobeNewswire (Feb 18, 2013)
-
GlobeNewswire (Feb 11, 2013)
-
GlobeNewswire (Jan 28, 2013)
QLGC vs. ETF Alternatives
Company Description
We are a designer and supplier of high performance storage networking, server networking, data networking and converged networking infrastructure solutions. Our solutions are sold worldwide, primarily to original equipment manufacturers, or OEMs, and distributors. We sell Fibre Channel and... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, May 22, 12:51 PM Avoid names with hefty PC, server, or printer exposure, says Goldman, lowering its 2013 PC shipment forecast to -6.8% from -3.8% and - pointing at DELL's earnings - warning pockets of price aggression at OEMs could spread. Making the list are sell-rated: HPQ, LXK, and QLGC. H-P reports after the bell. 5 Comments [Tech]
- Friday, May 17, 5:46 PM QLogic (QLGC) CEO Simon Biddiscombe has resigned from his position, as well as from the company's board, to "pursue other opportunities." CFO Jean Hu has been named interim CEO while a search commences for a replacement. Biddiscombe became CEO in Nov. 2010, after serving as CFO for two years. QLogic has had a rough time during Biddiscombe's tenure, as both the company and archrival Emulex contended with soft storage adapter card demand and competitive pressures. Shares -2.2% AH. Comment! [Tech, On the Move]
- Friday, May 3, 5:25 PM Storage adapter card/switch archrivals Emulex (ELX +2.7%) and QLogic (QLGC -7.4%) went in opposite directions following their March quarter reports. Emulex, which closed yesterday not far from its 52-week low, outperformed after posting a revenue beat and guiding for FQ4 revenue of $118M-$122M and EPS of $0.11-$0.13; the consensus is at $116.7M and $0.16. QLogic got hammered as its FQ4 beat became overshadowed by FQ1 guidance for revenue of $110M-$116M and EPS of $0.11-$0.16, below a consensus of $116.9M and $0.17. On its earnings call, QLogic mentioned the challenges faced by its server OEM clients were hurting adapter card sales. (ELX transcript) Comment! [Tech, Earnings, On the Move]
- Thursday, May 2, 4:17 PM QLogic (QLGC): FQ4 EPS of $0.17 beats by $0.01. Revenue of $116.9M beats by $1.61M. (PR) Comment! [Earnings, Breaking News, Tech]
- Thursday, May 2, 12:10 AM Notable earnings after Thursday’s close: ACLS, ACTV, ADNC, AGNC, AIG, ALSK, AREX, ARNA, ATHN, BBG, BCOR, BERY, BRKR, CBI, CNQ, DNB, DOLE, DRIV, EGO, ELON, ELX, FBHS, FLR, FLT, GEOS, GHDX, GILD, GMED, GTY, HAIN, HI, HMA, HTGC, INVN, KOG, KRFT, LNKD, MKH, MTZ, MYL, NBIX, NFG, NILE, NSR, ONNN, OPEN, PKT, PWER, QLGC, SKUL, SPF, SPWR, SWN, TDC, THOR, TPX, TSYS, TTMI, WTW, WWWW, XL, ZAGG Comment! [Earnings]
- Wednesday, May 1, 5:35 PM Notable earnings after Thursday’s close: ACLS, ACTV, ADNC, AGNC, AIG, ALSK, AREX, ARNA, ATHN, BBG, BCOR, BERY, BRKR, CBI, CNQ, DNB, DOLE, DRIV, EGO, ELON, ELX, FBHS, FLR, FLT, GEOS, GHDX, GILD, GMED, GTY, HAIN, HI, HMA, HTGC, INVN, KOG, KRFT, LNKD, MKH, MTZ, MYL, NBIX, NFG, NILE, NSR, ONNN, OPEN, PKT, PWER, QLGC, SKUL, SPF, SPWR, SWN, TDC, THOR, TPX, TSYS, TTMI, WTW, WWWW, XL, ZAGG Comment! [Earnings]
- Friday, March 22, 8:39 AM QLogic (QLGC) announced a new $125M unsecured revolving credit facility Friday. The deal was led by JPMorgan. The company said it has no immediate plans to draw on the facility but noted that it does provide financial flexibility at "a very attractive interest rate." Comment! [Tech]
- Monday, March 4, 9:11 AM Citadel ups its stake in QLogic (QLGC) to 4.565M shares, according to a SEC filing. The firm now holds 5.02% of the tech concern. (13G) 2 Comments [Consumer]
- Tuesday, January 29, 11:28 AM OCZ (OCZ -13.6%) and (to a lesser extent STEC (STEC -3.7%) sell off following soft guidance from EMC and Seagate. Seagate's $40M investment in and reseller deal with PCI-Express server flash card maker Virident might also be taking a toll. QLogic (QLGC -1.3%), Mellanox (MLNX -2%), Brocade (BRCD -1%), Micron (MU -1.7%), and SanDisk (SNDK -0.9%) are posting moderate declines. Comment! [Tech, On the Move]
-
Friday, January 25, 12:45 PM
Midday top 10 gainers: EFII +15%. OSK +15%. SHIP +15%. SYNA +15%. LSCC +14%. NFLX +14%. QLGC +13%. BDR +13%. CIMT +13%. CRUS +12%.
Midday top 10 Losers: NFBK -27%. ZN -26%. SCSS -18%. SCSC -15%. BGMD -15%. CTRP -13%. HTCH -11%. EGHT -10%. ARWR -8%. MSL -7%. Comment! [On the Move] - Friday, January 25, 10:21 AM QLogic (QLGC +18.6%) surges after reporting FQ3 revenue of $119.4M (-16% Y/Y) and EPS of $0.20, beating a consensus of $117.5M and $0.18. Storage adapter card and controller chip sales fell sharply Y/Y, while switch sales ticked higher. On its earnings call, QLogic guided for FQ4 revenue of $112M-$118M and EPS of $0.13-$0.17 vs. a consensus of $111.5M and $0.15. SA's Ashra Eassa offered a detailed bull case for QLogic a month ago. Rivals Emulex (ELX +1.5%) and Mellanox (MLNX +2.5%) are up a bit. Comment! [Tech, Earnings, On the Move]
- Thursday, January 24, 12:10 AM Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN 1 Comment [Earnings]
- Wednesday, January 23, 5:35 PM Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN Comment! [Earnings]
- Tuesday, January 22, 6:20 PM Mellanox (MLNX) +1.3% AH after Piper starts coverage with an Overweight and $65 PT. Ethernet hardware rivals QLogic (QLGC) and Emulex (ELX) have been started at Neutral. Mellanox fell 4.2% in regular trading. Comment! [Tech]
- Tuesday, January 15, 9:23 AM QLogic (QLGC) +8.3% after stating it expects to report FQ3 (Dec. quarter) revenue of ~$119M and EPS of $0.19-$0.20, above a consensus of $115.1M and $0.17. The company says it saw higher-than-expected revenue for Host products (storage adapter cards/controllers) and "particularly strong performance" for Network products (storage switches). Look for archrival Emulex (ELX) to rise in sympathy. Both companies have had a rough time over the last 9 months. 1 Comment [Tech, On the Move, Earnings]
-
Tuesday, January 15, 9:10 AM
Premarket gainers: EXPR +14%. QLGC +8%. SNTS +8%. RSH +6%.
Losers: COOL -32%. GIVN -14%. BODY -12%. LULU -6%. TELK -6%. SAP -5%. Comment! [On the Move]
-
- View all 1 replies
-
Sam Liu: found it too risky as insiders and major funds were overwhelming sell of shares
-
- View all 0 replies
-
Ashraf Eassa
Will be working on a $QLGC piece soon, but I am *very* strapped for time. I am long @ $9.92. Will post more buys in RT. - View all 1 replies
-
-
- View all 4 replies
-
-
-
- View all 7 replies
-
-
-
Ashraf Eassa
Sold $QLGC @ $10.82, from $10.06 a few days ago for +7.5% http://seekingalpha.com/s/e5601 - View all 3 replies
-
Passerby37: Why? May 2 is earnings. Gen 2.0 server-based SSD is all the buzz. Thanks for the Rumor (seriously!) but I think you sold too too soon. -
-
- View all 2 replies
-
-
-
- View all 0 replies
-
Ashraf Eassa
$QLGC looks like I got the bottom...irritated that I didn't buy as many shares as I had wanted. - View all 1 replies
-
Whitehawk: You may get another chance. I have had this company on my buy list for awhile, but I held off on the decline weakness.
-
- View all 0 replies
LATEST REPLIES
-
- View all 1 replies
-
Sam Liu: found it too risky as insiders and major funds were overwhelming sell of shares
-
Ashraf Eassa
Will be working on a $QLGC piece soon, but I am *very* strapped for time. I am long @ $9.92. Will post more buys in RT. - View all 1 replies
-
-
- View all 4 replies
-
-
-
- View all 7 replies
-
-
-
- View all 7 replies
-
-
-
Ashraf Eassa
Sold $QLGC @ $10.82, from $10.06 a few days ago for +7.5% http://seekingalpha.com/s/e5601 - View all 3 replies
-
Passerby37: Why? May 2 is earnings. Gen 2.0 server-based SSD is all the buzz. Thanks for the Rumor (seriously!) but I think you sold too too soon.
-
-
- View all 2 replies
-
-
-
Ashraf Eassa
$QLGC looks like I got the bottom...irritated that I didn't buy as many shares as I had wanted. - View all 1 replies
-
Whitehawk: You may get another chance. I have had this company on my buy list for awhile, but I held off on the decline weakness.
-
- View all 2 replies
-
cheznazi: I corrected this to say I had cancelled the previous night so my position was not sold. Now I wish it had! Haa haha!
-
SKS1586: QLGC is a Turnaround candidate with good value in it. I am Long QLGC waiting patiently for Turnaround. Do not feel bad for not selling it.
-
Ashraf Eassa
Not selling $QLGC though. After ER last night, growth is back. Upside to $14+ easily attainable. - View all 19 replies
-
Sal Marvasti: All you need is one big loss and a 99% win ratio will not help you. If you win 99% with 5% gain and 1% with 99% loss. You get the drift. -
-
- View all 1 replies
-
-
Ashraf Eassa
Listening to $MSFT call now. Not worrying about $QLGC for now, esp. since company is very strong. Will listen to their CC replay later. - View all 3 replies
-
Clinton Holmes: I won't get a chance to listen tonight - will you be posting an article with key points? -
-
- View all 3 replies
-
Whitehawk: Why should I buy QLGC (in 140 characters or less, please)
-
Ashraf Eassa: Lots of cash, no debt, should benefit from secular cloud/data-center growth. Pre-announced a solid quarter, to boot.
-
Ashraf Eassa
Looks like my limit buy for $QLGC filled @ $10.94. Don't like avg'ing up, but hey...I'll make an exception here. - View all 2 replies
-
cheznazi: I've put a sell order @ 12.20 - don't mind when it fills. I purchased @ 9.73 and then again at 11 something. Averaging $10.91
-
Seppo2: I already sold some, currently averaging at $10.69, waiting for that next pop up...
-
- View all 5 replies
-
Ashraf Eassa: $8.83 initial purchase, but I sold it. Rebought at $8.93.
-