DragonWave Inc. (USA) (NASDAQ:DRWI) a leading global supplier of packet microwave radio systems for mobile and access networks, announced revised revenue expectations for its first quarter fiscal year 2015. DragonWave now expects revenue to show growth of approximately 60% over the revenue achieved in Q4 FY14. These revised revenue expectations are preliminary, have not been reviewed by DragonWave’s external auditors, and are subject to completion of customary quarterly closing and internal and external review procedures. Revenue in this release is determined in accordance with U.S. generally accepted accounting principles. DragonWave, Inc. (USA) (NASDAQ:DRWI) net profit margin is -49.60% and weekly performance is 1.43%. On last trading day company shares ended up $1.42. Analysts mean target price for the company is $1.27. DragonWave, Inc. (USA) (NASDAQ:DRWI) distance from 50-day simple moving average (SMA50) is 7.53%.
On June 3, Ambarella, Inc. (NASDAQ:AMBA) a leading developer of low-power, HD video compression and image processing semiconductors, announced financial results for its fiscal first quarter ended April 30, 2014. Gross margin on a non-GAAP basis for the first quarter of fiscal 2015 was 62.7%, compared with 64.0% for the same period in fiscal 2014. Non-GAAP net income for the first quarter of fiscal 2015 was $7.8 million, or $0.25 per diluted ordinary share. This compares with non-GAAP net income of $6.2 million, or $0.21 per diluted ordinary share, for the same period in fiscal 2014. Ambarella Inc (NASDAQ:AMBA) shares advanced 0.89% in last trading session and ended the day on $24.87. Gross Margin is 63.30% and its return on assets is 18.20%. Ambarella Inc (NASDAQ:AMBA) quarterly performance is -28.29%.
Brown-Forman Corporation (NYSE:BF.B) updated its FY15 earnings guidance on Wednesday. The company provided EPS guidance of $3.25-3.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.30, Analyst Ratings Net reports. The company issued revenue guidance of +6-8% calc to ~$4.18-4.26 billion, compared to the consensus revenue estimate of $3.82 billion. Brown-Forman Corporation (NYSE:BF.B) shares moved up 0.27% in last trading session and was closed at $93.15, while trading in range of $92.09 – $93.32.
Legg Mason, Inc. (NYSE:LM) announced that Joseph A. Sullivan, President and Chief Executive Officer, is scheduled to speak at the Morgan Stanley Financials Conference taking place in New York on Wednesday, June 11, 2014 at approximately 11:30 a.m. EDT. Legg Mason Inc (NYSE:LM) ended the last trading day at $50.18. Company weekly volatility is calculated as 1.56% and price to cash ratio as 4.26. Legg Mason Inc (NYSE:LM) showed a positive weekly performance of 3.21%.
On June 3, NanoString Technologies, Inc. (NASDAQ:NSTG), a provider of life science tools for translational research and molecular diagnostic products, announced that it has entered into a collaboration with Celgene Corporation to develop a companion diagnostic assay using the nCounter® Analysis System to support the clinical validation of REVLIMID® for treatment of Diffuse Large B-Cell Lymphoma (DLBCL). NanoString Technologies Inc (NASDAQ:NSTG) weekly performance is -0.77%. On last trading day company shares ended up $15.48. Analysts mean target price for the company is $23.00. NanoString Technologies Inc (NASDAQ:NSTG) distance from 50-day simple moving average (SMA50) is -6.15%.
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