Stock Analysts

Masimo Matches Earnings Est. (ABMD) (ARAY) (COV) (MAS)

Masimo Corporation ( MASI ), a leader in non-invasive monitoring technology for patient care, recorded first quarter 2013 earnings per share of 28 cents thereby matching the Zacks Consensus Estimate. Reported profit rose 4.1% year over year to $16.4 million (or 28 cents per share) in the first quarter. […]

Stock Analysts

Ocwen Reports Record Earnings (GNW) (HLSS) (OCN) (WAC)

Though Ocwen Financial Corp ( OCN ) lagged the first-quarter 2013 Zacks Consensus Estimate by approximately 15%, it reported record earnings. The company’s adjusted earnings came in at 64 cents per share, up from the prior-year quarter number of 25 cents. On a year-over-year basis, the results benefited from impressive top-line growth and a rise in interest income, partially offset by increased operating and interest expenses […]

Stock Analysts

ATHN Earnings Beat on Higher Revs (ATHN) (CERN) (MDRX) (MRGE)

Leading vendor of cloud-based services for physician practices and inpatient settings, Athenahealth ( ATHN ) reported first quarter 2013 adjusted (excluding one-time items other than stock-based compensation expense) earnings per share of 16 cents beating the Zacks Consensus Estimate of 12 cents per share. Reported net income in the first quarter dropped 71.2% year over year to $0.7 million (or 2 cents per share). Revenues Revenues climbed 30% year over year to $125.6 million in the quarter beating the Zacks Consensus Estimate of $122 million. […]

Mergers & Acquisitions

Could Cisco Take Market Share from Alcatel-Lucent, Ericsson, Huawei, NSN with Ubiquisys Small Cell Acquisition?

Could Cisco Take Market Share from Alcatel-Lucent, Ericsson, Huawei, NSN with Ubiquisys Small Cell Acquisition? Cisco Completes Mobile Infrastructure Portfolio PR Newswire BOSTON, May 3, 2013 BOSTON , May 3, 2013 /PRNewswire/ — Cisco’s recently announced acquisition of small cell provider Ubiquisys positions the IP vendor to compete head-to-head with Alcatel-Lucent, Ericsson, Huawei, NSN and other mobile infrastructure vendors. Cisco has been steadily building and acquiring elements of mobile infrastructure for over a decade, and the Ubiquisys solutions along with acquisition of Intucell for Self Optimizing Network (SON) software and Radio Access Network (RAN) multi-vendor HetNet management, nearly completes the portfolio […]

Stock Analysts

For inTEST & Thermal the Future is Here! (INTT)

By Ken Nagy, CFA Over the last few years that I have covered inTEST Corporation (Nasdaq-small: INTT ), it has been transforming itself through the strategic diversification of its Thermal products segment. The idea of the transformation is that a diversification strategy outside of inTest’s traditional semiconductor markets should help to mitigate the cyclicality tied to that industry and give the company several exciting new opportunities with multiple new customers. As a result the company now addresses growth markets in both the semiconductor and non-semiconductor areas, which include automotive, consumer electronics, defense, aerospace, telecommunications, and most recently the nuclear market […]

Stock Analysts

OGE Energy Lags Earnings, Gives View (AES) (ALE) (CNP) (OGE)

OGE Energy Corporation ( OGE ), a distributor of natural gas and electricity primarily in the south central United States, reported first quarter 2013 earnings of 23 cents per share, missing the Zacks Consensus Estimate of 34 cents. Earnings were also lower than the prior-year figure of 38 cents per share. A regulated electric utility company, Oklahoma Gas and Electric Company (“OG&E”), contributed earnings of 13 cents per share in the reported quarter, flat year over year […]

Stock Analysts

Willis Group Posts Solid 1Q Earnings (AON) (BRO) (MMC) (WSH)

Willis Group Holdings Plc ( WSH ) reported first-quarter 2013 adjusted net income of $1.46 per share, surpassing the Zacks Consensus Estimate of $1.31 per share. Results also exceeded the year-ago net income by 10.6%. Including 22 cents charge on account of expense reduction initiative, Willis Group reported net income of $1.24 per share, down 3.1% year over year. […]

Stock Analysts

PXP Surpasses Earnings and Rev Est. (CHK) (NBL) (PXP) (SM)

Plains Exploration & Production Company ( PXP ) posted first-quarter 2013 pro forma earnings per share of $1.05, beating the Zacks Consensus Estimate by 16 cents and improving 81% from the year-ago results. The increase in earnings was primarily driven by an improvement in the top line. On a GAAP basis, the company reported earnings per share of 17 cents versus a loss 64 cents a year ago. […]