Earnings-Reaction Momentum: Cisco (CSCO)

New Post Public Reply Private Reply Replies (0) Message Board
riddock57
Shares of SolarEdge Technologies, Inc. (SEDG) climbed more than 11% in after-hours trading Wednesday as the company delivered strong growth in its quarterly financial results.

For its fourth quarter fiscal 2015, SEDG posted record revenue of $98.4 million, a 120.8% increase year over year, and non-GAAP (excluding non-recurring items) net income of $13.8 million, or $0.31 per diluted share, compared to non-GAAP net loss of ($2.8) million, or ($0.10) per diluted share in the same quarter the prior year.

SEDG also posted record revenue for fiscal year 2015 of $325.1 million, representing a 144.0% year-over-year growth.

According to its business outlook for the first quarter fiscal 2016, expects revenues to be within the range of $108 million to $112 million.

SEDG provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems.

More about SolarEdge Technologies, Inc. (SEDG) at www.solaredge.com

**

After the closing bell on Wednesday, Cisco Systems, Inc. (CSCO) reported stronger-than-expected quarterly financial results, with profit and revenue numbers above analysts' expectations.

For its fourth quarter fiscal 2015, CSCO posted revenue of $12.8 billion, a 4% increase year over year, and non-GAAP net income of $3.01 billion, or $0.59 per diluted share, compared to non-GAAP net income of $2.84 billion, or $0.55 per diluted share, exceeding the Capital IQ Consensus Estimate of $0.56 earnings per share on revenues of $12.66 billion for the period

For its first quarter fiscal 2016, CSCO expects revenue growth to be in the range of 2% to 4% versus the same quarter the prior year and non-GAAP EPS to be in the range of $0.55 to $0.57

CSCO is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected.

More about Cisco Systems, Inc. (CSCO) at www.cisco.com

**

Roundy's, Inc. (RNDY) shares surged more than 8% during the extended session Wednesday after the company delivered better-than-expected numbers in its financial results.

For the second quarter 2015, RNDY posted net sales of $998.3 million, a 5.9% increase year over year, and adjusted net loss of ($1.1) million, or ($0.02) per diluted share, topping the Capital IQ Consensus Estimate of ($0.04) loss per share on revenues of $984.42 million for the period.

RNDY expects third quarter 2015 net sales to be in a range of $975 million to $985 million

RNDY operates retail grocery stores throughout Wisconsin and in the greater Chicago area.

More about Roundy’s, Inc. (RNDY) at www.roundys.com

**

Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet.

The company has added 184 countries, 56 dependent territories and their respective cities or communities into its CRWE WORLD ( www.crweworld.com ), a community specific news, information and engagement platform which primary goal is to become a one-stop shop for the various needs of online consumers ranging from Real Estate, Coupons & Deals, Business Directory and much more, while providing news and information.

The CRWE WORLD network will provide businesses a tool to target its marketing message locally, nationally and internationally, as well as targeting potential consumers in a specific location, such as within a certain zip code.

The company’s CRWE Real Estate ( www.CRWERealEstate.com ) is expected to be integrated in all the CRWE WORLD Network. It will allow people to submit their listings for exposure to visitors searching for homes.

More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com

**

Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. 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

Cisco Systems Inc. (CSCO) Stock Research Links

CSCO Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

IREN Limited Reports Strong Performance for January 2025

Updated Category News Views 270

IREN Limited's Monthly Update for January 2025 IREN Limited (NASDAQ: IREN) has released an insightful monthly update, showcasing its performance and advancements for January 2025. The company has made significant strides, particularly in its Bitcoin mining operations, establishing a strong foundation for future endeavors. January Performance Highlights This month marks...

Continue Reading
Forward Networks Recognized for Excellence in Network Validation

Updated Category News Views 274

Forward Networks Named a Leader in 2024 GigaOm Radar Forward Outranks Other Vendors, Solidifying Its Reputation as an Innovator For the third consecutive year, Forward Networks has been recognized for its exceptional digital twin technology, delivering impressive returns on investment for larger enterprises. The 2024 GigaOm Radar for Network Validation has identified...

Continue Reading
Paramount Advances Tender Offer Amid Streaming Market Dynamics

Updated Category News Views 111

Paramount Skydance Corporation Files Proxy Materials Paramount Skydance Corporation (NASDAQ: PSKY) is taking significant steps to engage shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD). The company has officially filed preliminary proxy materials with the Securities and Exchange Commission (SEC) aimed at soliciting votes against WBD's amended transaction with...

Continue Reading
Freddie Mac Launches Tender Offer for STACR Notes

Updated Category News Views 91

Freddie Mac Initiates Tender Offer for STACR Notes Freddie Mac (OTCQB: FMCC) has launched a fixed-price cash tender offer to buy back all Structured Agency Credit Risk (STACR) Notes. This initiative began recently and aligns with Freddie Mac's efforts to improve financial flexibility and effectively manage its portfolio. Tender Offer Details This tender offer specifically...

Continue Reading
Bohn Brothers Automotive Group Transfers Toyota of Slidell Dealership

Updated Category News Views 279

Bohn Brothers Automotive Group Transfers Toyota of Slidell Dealership Kerrigan Advisors, a leader in sell-side advisory services for automotive dealers across the nation, recently accomplished a significant milestone by facilitating the sale of Toyota of Slidell. This transaction marks the conclusion of the Bohn Brothers Automotive Group's ownership of four dealerships,...

Continue Reading