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STEC, Inc. (STEC)

- NASDAQ
STEC is defunct.
  • Aug. 7, 2013, 4:16 PM
    • STEC (STEC): Q2 EPS of -$0.43 misses by $0.02.
    • Revenue of $23.45M (-42.3% Y/Y) misses by $0.83M. (PR)
    | Aug. 7, 2013, 4:16 PM | Comment!
  • Jun. 24, 2013, 12:45 PM
    Midday top 10 gainers: STEC +87%. VHS +69%. KEYN +47%. ISIS +20%. MBND +13%. MLNK +10%. NMRX +8%. TATT +8%. OESX +8%. REV +7%.
    Midday top 10 Losers: AUMN -20%. SZYM -18%. CMGE -17%. HYGS -17%. CBAK -16%. YY -15%. WLT -15%. APAGF -15%. NOAH -14%. JRCC -13%.
    | Jun. 24, 2013, 12:45 PM | Comment!
  • Jun. 24, 2013, 9:10 AM
    Premarket gainers: STEC +89%. VHS +67%. ISIS +11%. OCZ +10%. THC +5%. SNTA +5%.
    Losers: SZYM -12%. CTIC -11%. KNDI -8%. ALU -6%
    | Jun. 24, 2013, 9:10 AM | Comment!
  • Jun. 24, 2013, 8:37 AM
    Shares of STEC (STEC) resume trading up 86.6% premarket to $6.70 after the company gets snapped up by Western Digital.
    | Jun. 24, 2013, 8:37 AM | 1 Comment
  • Jun. 24, 2013, 8:06 AM
    Western Digital (WDC) buys STEC (STEC) for $6.85 per share in a deal with an enterprise value of close to $207M. The deal to acquire the solid-state drive maker is expected to close in Q4.
    | Jun. 24, 2013, 8:06 AM | Comment!
  • Jun. 24, 2013, 7:58 AM
    Shares of STEC (STEC) are halted with news pending.
    | Jun. 24, 2013, 7:58 AM | Comment!
  • May 8, 2013, 6:12 PM
    Tech guidance roundup: 1) Millennial Media (MM - earnings) expects Q2 revenue of $58M-$60M, below a consensus of $60.8M. Expects 2013 revenue of $270M-$280M vs. a $275.3M consensus. 2) Spreadtrum (SPRD - earnings) expects Q2 revenue of $220M-$228M, above a $205M consensus. 3) sTec (STEC - earnings) expects Q2 revenue of $23M-$26M and EPS of -$0.41 to -$0.43 vs. a consensus of $25.2M and -$0.39. MM -2.7% AH. SPRD +2.7%. STEC unchanged. (Millennial PR) (Spreadtrum PR) (sTec PR)
    | May 8, 2013, 6:12 PM | Comment!
  • May 8, 2013, 4:24 PM
    STEC (STEC): Q1 EPS of -$0.41 beats by $0.01. Revenue of $22M (-56.3% Y/Y) beats by $0.03M. (PR)
    | May 8, 2013, 4:24 PM | Comment!
  • May 8, 2013, 12:10 AM
    Notable earnings after Wednesday’s close: AHT, ALJ, ATLS, ATVI, AVNR, CF, CLNE, CLR, CTL, CTRP, CUZ, CXW, DEPO, DK, ERII, ETE, ETP, GMCR, GRPN, GSS, HALO, HEK, HNSN, JOE, LPSN, MBLX, MDR, MED, MIDD, MM, MNST, MNTX, MWE, NWSA, OSUR, PPO, PVA, QTM, RAX, RGP, RIG, RST, SGMO, SPRD, SSRI, STEC, SXL, SZYM, TCAP, TSLA, WR, XTEX
    | May 8, 2013, 12:10 AM | Comment!
  • May 7, 2013, 5:35 PM
    Notable earnings after Wednesday’s close: AHT, ALJ, ATLS, ATVI, AVNR, CF, CLNE, CLR, CTL, CTRP, CUZ, CXW, DEPO, DK, ERII, ETE, ETP, GMCR, GRPN, GSS, HALO, HEK, HNSN, JOE, LPSN, MBLX, MDR, MED, MIDD, MM, MNST, MNTX, MWE, NWSA, OSUR, PPO, PVA, QTM, RAX, RGP, RIG, RST, SGMO, SPRD, SSRI, STEC, SXL, SZYM, TCAP, TSLA, WR, XTEX
    | May 7, 2013, 5:35 PM | Comment!
  • May 2, 2013, 12:46 PM
    Micron (MU -0.2%) is down slightly on an up day for tech after receiving a downgrade to Underperform by CLSA. The downgrade comes as Micron advances its enterprise ambitions by announcing a new PCI-Express flash module for servers and storage gear - like SanDisk (SNDK), Micron is counting on its ability to obtain NAND flash at cost to help stand out in a crowded market featuring Fusion-io (FIO), STEC, Intel, and Marvell, among others. Yesterday, Morgan Stanley reiterated an Overweight on Micron and SanDisk, arguing investment plans and equipment order activity indicate NAND capacity will remain tight in 2013.
    | May 2, 2013, 12:46 PM | 4 Comments
  • Mar. 15, 2013, 9:15 AM
    Premarket gainers: CNP +10%. SNE +8%. ZGNX +6%. OGE +6%. PANL +5%.
    Losers: GLDD -22%. ULTA -14%. STEC -13%. ARO -7%. VHC -6%. CG -6%. KKD -5%.
    | Mar. 15, 2013, 9:15 AM | Comment!
  • Mar. 14, 2013, 4:34 PM
    More on STEC: Q1 guidance is for revenue of $21M-$23M and EPS of -$0.40 to -$0.42, below a consensus of $38.8M and -$0.32. CEO Mark Moshayedi suggests STEC's ongoing transition away from OEM sales (sales to EMC have plunged) is responsible for the near-term weakness. An unnamed non-OEM customer accounted for over 10% of 2H sales. Q4 gross margin was 32.8%, -470 bps Q/Q and -870 bps Y/Y. Opex rose 20% Y/Y even as revenue fell 40%. STEC -10.8% AH. CC underway (webcast). (PR)
    | Mar. 14, 2013, 4:34 PM | Comment!
  • Mar. 14, 2013, 4:23 PM
    STEC (STEC): Q4 EPS of -$0.35 misses by $0.03. Revenue of $35.1M misses by $2.64M. Shares -12.3% AH. (PR)
    | Mar. 14, 2013, 4:23 PM | Comment!
  • Mar. 14, 2013, 12:10 AM
    Notable earnings after Thursday ’s close: ANAC, ARO, BCEI, COSI, CPE, EGY, FXEN, HOGS, KKD, MCP, OMPI, STEC, ULTA, ZUMZ
    | Mar. 14, 2013, 12:10 AM | Comment!
  • Mar. 13, 2013, 5:35 PM
    Notable earnings after Thursday ’s close: ANAC, ARO, BCEI, COSI, CPE, EGY, FXEN, HOGS, KKD, MCP, OMPI, STEC, ULTA, ZUMZ
    | Mar. 13, 2013, 5:35 PM | Comment!
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Company Description
STEC, Inc. (including our subsidiaries, referred to collectively in this Report as “STEC”, “we”, “our” and “us”) is a leading global provider of enterprise-class Flash solid-state drives (“SSDs”) that are designed to increase the performance of enterprise-storage systems and servers that... More
Sector: Technology
Country: United States