Cirrus Logic, Inc. (NASDAQ:CRUS) posted financial results for the fourth quarter and full fiscal year 2014, which ended March 29, as well as the company’s current business outlook. The company posted fourth quarter revenue of $149.7 million. GAAP diluted earnings per share for the fourth quarter was $0.20 and non-GAAP diluted earnings per share of $0.41. GAAP operating expenses was $53.3 million and non-GAAP operating expenses were $47.9 million. Cirrus Logic, Inc. (NASDAQ:CRUS) shares after opening at $21.41 moved to $21.94 on last trade day and at the end of the day closed at $ 21.63 . Company price to sales ratio in past twelve months was calculated as 1.89 and price to cash ratio as 4.64. Cirrus Logic, Inc. (NASDAQ:CRUS) showed a positive weekly performance of 13.54%.
Linear Technology Corporation (NASDAQ:LLTC) VP David Quarles sold 10,000 shares of Linear Technology stock on the open market in a transaction that occurred on Thursday, April 24th. The stock was sold at an average price of $47.35, for a total transaction of $473,500.00. Following the transaction, the vice president now directly owns 59,605 shares of the company’s stock, valued at approximately $2,822,297. Linear Technology Corporation (NASDAQ:LLTC) shares fell -4.51% in last trading session and ended the day on $44.64. LLTC return on equity ratio is recorded as 39.30% and its return on assets is 19.40%. Linear Technology Corporation (NASDAQ:LLTC) yearly performance is 28.20%.
A former NVIDIA Corporation (NASDAQ:NVDA) accounting manager agreed to pay $30,000 to resolve U.S. regulatory claims that his tips to a friend led to millions of dollars in illicit gains for hedge-fund traders, including Sigma Capital Management, an affiliate of SAC Capital Advisors LP. NVIDIA Corporation (NASDAQ:NVDA) shares moved down -2.75% in last trading session and was closed at $18.73 while trading in range of $18.69 – $19.40 – NVIDIA Corporation (NASDAQ:NVDA) year to date (YTD) performance is 17.43%.
Altera Corporation (NASDAQ:ALTR) released its earnings data on Thursday. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.05, Stock Ratings News reports. The company had revenue of $461.10 million for the quarter, compared to the consensus estimate of $437.97 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. Altera Corporation (NASDAQ:ALTR) weekly performance is -3.98%. On last trading day company shares ended up $33.09. Altera Corporation (NASDAQ:ALTR) distance from 50-day simple moving average (SMA50) is -6.80%. Analysts mean target price for the company is $39.04.
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