Big Movers: QLogic Corporation (NASDAQ:QLGC), Xilinx (NASDAQ:XLNX), InvenSense Inc (NYSE:INVN), mCig Inc (OTCBB: MCIG), ParkerVision (NASDAQ:PRKR)

Posted by on Jun 30, 2014

On 25 JUNE QLogic Corporation (NASDAQ:QLGC) reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. The company had revenue of $115.70 million for the quarter, compared to the consensus estimate of $113.30 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. Analysts expect that QLogic will post $0.95 EPS for the current fiscal year. QLogic Corporation (NASDAQ:QLGC) net profit margin is -4.00% and weekly performance is -0.20%. On last trading day company shares ended up $10.05. Analysts mean target price for the company is $11.33. QLogic Corporation (NASDAQ:QLGC) distance from 50-day simple moving average (SMA50) is -2.97%.

On 2 JUNE Xilinx, Inc. (NASDAQ:XLNX) reported $0.53 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.55 by $0.02. The company had revenue of $617.80 million for the quarter, compared to the consensus estimate of $611.74 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The company’s quarterly revenue was up 16.1% on a year-over-year basis. Analysts expect that Xilinx will post $2.44 EPS for the current fiscal year. Xilinx, Inc. (NASDAQ:XLNX) shares advanced 0.17% in last trading session and ended the day on $46.91. XLNX Gross Margin is 68.80% and its return on assets is 12.70%. Xilinx, Inc. (NASDAQ:XLNX) quarterly performance is -12.87%.

On 23 JUNE InvenSense Inc (NYSE:INVN) said its gross profit margin for InvenSense Inc (NYSE:INVN) is high. Despite the mixed results of the gross profit margin, INVN’s net profit margin of significantly underperformed when compared to the industry average. InvenSense Inc (NYSE:INVN) shares closed at $21.99, while trading in range of $21.87 – $22.26. InvenSense Inc (NYSE:INVN) year to date (YTD) performance is 5.82%.

On 16 JUNE mCig Inc (OTCBB: MCIG) said it is very excited to announce its second brand ambassador: Brandon Cole Margera AKA “Bam Margera.” mCig Inc (OTCBB: MCIG) ended the last trading day at $0.515.

ParkerVision, Inc. (NASDAQ:PRKR) announced that it has engaged the Washington, D.C. based firm of Finnegan, Henderson, Farabow, Garrett & Dunner, LLP to partner with McKool Smith to represent the Company in this appeal. ParkerVision, Inc. (NASDAQ:PRKR) weekly performance is -69.66%. On last trading day company shares ended up $1.52. Analysts mean target price for the company is $5.25. ParkerVision, Inc. (NASDAQ:PRKR) distance from 50-day simple moving average (SMA50) is -66.76%.

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