Tag: Electronic Arts

  • Tech New Highs: RF Micro Devices (NASDAQ:RFMD), Activision Blizzard (NASDAQ:ATVI), Electronic Arts (NASDAQ:EA), Rediff.com India Limited (ADR) (NASDAQ:REDF), SanDisk Corporation (NASDAQ:SNDK)

    RF Micro Devices, Inc. (NASDAQ:RFMD) reported $0.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.03. The company had revenue of $256.00 million for the quarter, compared to the consensus estimate of $255.54 million. During the same quarter last year, the company posted $0.06 earnings per share. Analysts expect that RF Micro Devices will post $0.76 EPS for the current fiscal year. RF Micro Devices, Inc. (NASDAQ:RFMD) net profit margin is 1.10% and weekly performance is 3.68%. On last trading day company shares ended up $10.13. Analysts mean target price for the company is $10.46. RF Micro Devices, Inc. (NASDAQ:RFMD) distance from 50-day simple moving average (SMA50) is 15.27%.

    Activision Blizzard, Inc. (NASDAQ:ATVI) announced a public offering of 41,499,689 shares of its common stock by Vivendi S.A. The offering and sale of shares owned by Vivendi S.A. are being made in accordance with the agreements entered into in connection with the transactions previously announced on July 25, 2013. The offering is expected to close and settle on May 28, 2014. The company will not receive any of the proceeds from the offering of shares by the selling stockholder. The last reported sale price of the company’s common stock on May 20, 2014 was $20.83 per share. Activision Blizzard, Inc. (NASDAQ:ATVI) shares advanced 1.77% in last trading session and ended the day on $21.81. ATVI Gross Margin is 66.70% and its return on assets is 8.90%. Activision Blizzard, Inc. (NASDAQ:ATVI) quarterly performance is 3.36%.

    Electronic Arts Inc. (NASDAQ:EA) reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.37. The company had revenue of $914.00 million for the quarter, compared to the consensus estimate of $812.09 million. During the same quarter last year, the company posted $0.55 earnings per share. Electronic Arts’s revenue was down 12.1% compared to the same quarter last year. On average, analysts predict that Electronic Arts will post $1.89 earnings per share for the current fiscal year. Electronic Arts Inc. (NASDAQ:EA) shares moved up 3.05% in last trading session and was closed at $36.79, while trading in range of $35.48 – $36.96. Electronic Arts Inc. (NASDAQ:EA) year to date (YTD) performance is 60.37%.

    On 6 JUNE Rediff.com India Limited (ADR) (NASDAQ:REDF) said that now it looks forward to identifying new cost-saving opportunities to increase its free cash and improve the bottom-line. Furthermore, the CEO said Rediff.com India Limited (ADR) (NASDAQ:REDF) intends to intensify its reach and subscriber base. All these are part of a broader scheme to put the company on a long-term and sustainability grounds so that generating returns can be an everyday affair in the company. Rediff.com India Limited (ADR) (NASDAQ:REDF) ended the last trading day at $3.44. Company weekly volatility is calculated as 15.82% and price to cash ratio as 2.28. Rediff.com India Limited (ADR) (NASDAQ:REDF) showed a positive weekly performance of 24.19%.

    SanDisk Corporation (NASDAQ:SNDK) recently inked a deal to acquire Fusion-io Inc. a provider of flash-based PCIe hardware and software solutions for $1.1 billion in cash. The deal is likely to be sealed in the third quarter of 2014 and is expected to boost SanDisk Corporation (NASDAQ:SNDK)’s non-GAAP earnings in the second half of fiscal 2015. SanDisk Corporation (NASDAQ:SNDK) net profit margin is 18.10% and weekly performance is 6.28%. On last trading day company shares ended up $103.24. Analysts mean target price for the company is $102.71. SanDisk Corporation (NASDAQ:SNDK) distance from 50-day simple moving average (SMA50) is 16.24%.