On 21 MAY Cadence Design Systems Inc (NASDAQ:CDNS) reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.01. The company had revenue of $378.55 million for the quarter, compared to the consensus estimate of $376.80 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts expect that Cadence Design Systems will post $0.97 EPS for the current fiscal year. Cadence Design Systems Inc (NASDAQ:CDNS) net profit margin is 8.00% and weekly performance is 7.90%. On last trading day company shares ended up $16.94. Analysts mean target price for the company is $18.33. Cadence Design Systems Inc (NASDAQ:CDNS) distance from 50-day simple moving average (SMA50) is 10.19%.
On 21 MAY Shares of Lam Research Corporation (NASDAQ:LRCX) surged after post 3Q 2014 earnings.Net income was $164.4 million or $0.96 per share, compared to $19.0 million or $0.11 per share for the year-ago quarter. Revenue for the third quarter increased 45%, to $1.23 billion from $844.93 million a year ago. Gross margin grew to 43.2% from 40.2% year-over-year. Lam Research Corporation (NASDAQ:LRCX) shares advanced 2.38% in last trading session and ended the day on $60.61. LRCX Gross Margin is 42.90% and its return on assets is 6.50%. Lam Research Corporation (NASDAQ:LRCX) quarterly performance is 15.18%.
On 23 MAY SanDisk Corporation (NASDAQ:SNDK) and electronics giant Toshiba are working jointly to develop a high capacity memory chip. The companies, however, continue to provide details about their upcoming plant in Japan that is likely to be a game-changer in the memory chip manufacturing and marketing business. SanDisk Corporation (NASDAQ:SNDK) shares moved up 1.15% in last trading session and was closed at $94.27, while trading in range of $92.87 – $94.55. SanDisk Corporation (NASDAQ:SNDK) year to date (YTD) performance is 34.44%.
On 21 MAY Zillow Inc (NASDAQ:Z) reported $0.02 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.08) by $0.10. The company had revenue of $66.20 million for the quarter, compared to the consensus estimate of $63.21 million. During the same quarter in the prior year, the company posted ($0.11) earnings per share. Zillow Inc (NASDAQ:Z) ended the last trading day at $119.77. Company weekly volatility is calculated as 5.30% and price to cash ratio as 15.41. Zillow Inc (NASDAQ:Z) showed a positive weekly performance of 12.13%.
SBA Communications Corporation (NASDAQ:SBAC) reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $1.23. The company had revenue of $345.50 million for the quarter, compared to the consensus estimate of $334.60 million. During the same quarter in the previous year, the company posted $0.98 earnings per share. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. Analysts expect that SBA Communications will post $0.03 EPS for the current fiscal year. SBA Communications Corporation (NASDAQ:SBAC) net profit margin is -4.10% and weekly performance is 0.41%. On last trading day company shares ended up $100.60. Analysts mean target price for the company is $109.67. SBA Communications Corporation (NASDAQ:SBAC) distance from 50-day simple moving average (SMA50) is 7.94%.