After the closing bell on Wednesday, Qorvo, Inc. (QRVO) reported an outstanding performance in its financial results with quarterly revenue and profit numbers that exceeded Wall Street analysts' expectations.
For its fourth quarter fiscal 2015, QRVO posted revenue of $634.9 million, a 46% increase year over year, and non-GAAP net income of $167.2 million, or $1.11 per diluted share, compared to non-GAAP net income of $33.4 million, or $0.46 per diluted share in the same quarter the prior year, well above the Capital IQ Consensus Estimate of $0.87 earnings per share on revenues of $623.65 million for the period.
QRVO anticipates continued strong financial performance in the June quarter and the company expects quarterly revenue of approximately $660 million to $670 million, up 5% sequentially at the midpoint.
QRVO is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications.
More about Qorvo, Inc. (QRVO) at www.qorvo.com.
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Shares of MercadoLibre, Inc. (MELI) surged to a record high in after-hours trading Wednesday as the company delivered better-than-expected numbers in its quarterly financial report.
For the first quarter 2015, MELI posted revenues of $148.1 million, a 28.4% increase year over year, and non-GAAP net income (excluding non-recurring items) of $34.6 million, or $0.78 per diluted share, compared to non-GAAP net income of $27.7 million, or $0.63 per diluted share in the same quarter the prior year, topping the Capital IQ Consensus Estimate of $0.63 earnings per share on revenues of $139.02 million for the period
MELI has declared a quarterly dividend of $0.103 per share, payable on July 15, 2015 to shareholders of record as of the close of business on June 30, 2015.
MELI is Latin America's leading e-commerce technology company. Through its primary platforms, MercadoLibre.com and MercadoPago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods and services online.
More about MercadoLibre, Inc. (MELI) at www.MercadoLibre.com
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The price of the stock of ANN Inc. (ANN) surged more than 9% during extended-hours trading Wednesday following a report by Reuters indicating that private equity firm Golden Gate Capital is at an advanced stage in one-on-one takeover talks with the company.
ANN posted net sales of $2.53 billion for its full fiscal year 2014. The company will release its first quarter 2015 financial results on May 22nd.
ANN is the parent Company of Ann Taylor and LOFT, two of the leading women's specialty retail fashion brands in North America.
More about ANN Inc. (ANN) at www.anninc.com
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Crown Equity Holdings Inc. (CRWE) is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Gardena, CA ( www.gardena.crwe-pr.com ) into the CRWE Network.
Gardena is located in the South Bay (southwestern) region of Los Angeles County, California, 15 miles south of Los Angeles. It is an active and progressive residential and business community.
The City of Gardena had an estimated population in 2013 (U.S. Census Bureau) of 59,957, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Real Estate ( www.CRWERealEstate.com ) is expected to be integrated in all the CRWE Network. It will allow people to submit their listings for exposure to visitors searching for homes.
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
For its fourth quarter fiscal 2015, QRVO posted revenue of $634.9 million, a 46% increase year over year, and non-GAAP net income of $167.2 million, or $1.11 per diluted share, compared to non-GAAP net income of $33.4 million, or $0.46 per diluted share in the same quarter the prior year, well above the Capital IQ Consensus Estimate of $0.87 earnings per share on revenues of $623.65 million for the period.
QRVO anticipates continued strong financial performance in the June quarter and the company expects quarterly revenue of approximately $660 million to $670 million, up 5% sequentially at the midpoint.
QRVO is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications.
More about Qorvo, Inc. (QRVO) at www.qorvo.com.
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Shares of MercadoLibre, Inc. (MELI) surged to a record high in after-hours trading Wednesday as the company delivered better-than-expected numbers in its quarterly financial report.
For the first quarter 2015, MELI posted revenues of $148.1 million, a 28.4% increase year over year, and non-GAAP net income (excluding non-recurring items) of $34.6 million, or $0.78 per diluted share, compared to non-GAAP net income of $27.7 million, or $0.63 per diluted share in the same quarter the prior year, topping the Capital IQ Consensus Estimate of $0.63 earnings per share on revenues of $139.02 million for the period
MELI has declared a quarterly dividend of $0.103 per share, payable on July 15, 2015 to shareholders of record as of the close of business on June 30, 2015.
MELI is Latin America's leading e-commerce technology company. Through its primary platforms, MercadoLibre.com and MercadoPago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods and services online.
More about MercadoLibre, Inc. (MELI) at www.MercadoLibre.com
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The price of the stock of ANN Inc. (ANN) surged more than 9% during extended-hours trading Wednesday following a report by Reuters indicating that private equity firm Golden Gate Capital is at an advanced stage in one-on-one takeover talks with the company.
ANN posted net sales of $2.53 billion for its full fiscal year 2014. The company will release its first quarter 2015 financial results on May 22nd.
ANN is the parent Company of Ann Taylor and LOFT, two of the leading women's specialty retail fashion brands in North America.
More about ANN Inc. (ANN) at www.anninc.com
**
Crown Equity Holdings Inc. (CRWE) is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Gardena, CA ( www.gardena.crwe-pr.com ) into the CRWE Network.
Gardena is located in the South Bay (southwestern) region of Los Angeles County, California, 15 miles south of Los Angeles. It is an active and progressive residential and business community.
The City of Gardena had an estimated population in 2013 (U.S. Census Bureau) of 59,957, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Real Estate ( www.CRWERealEstate.com ) is expected to be integrated in all the CRWE Network. It will allow people to submit their listings for exposure to visitors searching for homes.
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
