On May 22, GT Advanced Technologies Inc. (NASDAQ:GTAT) reported its results for the Q1 of financial year 2014, that ended on 29 March 2014. Revenue for the Q1 was $22.5M, including $13.2 million in PV, $5.6M for its sapphire segment & $3.7 million for the poly- silicon segment. This revenue compares to the $32.6M of revenue in the Q4 of the calendar 2013 & $57.8M of revenue in the Q1 of financial year 2013. The non-GAAP gross-profit for the Q1 was $1.9M, or 8.5% of revenue, in comparison to $6.8M or 21.0% of revenue in the Q4 of calendar 2013 & $14.3 million, or 24.7% of revenue for the Q1 of the calendar 2013. GT Advanced Technologies Inc (NASDAQ:GTAT) net profit margin is -40.00% and weekly performance is 14.83%. On last trading day company shares ended up $15.95. Analysts mean target price for the company is $20.67. GT Advanced Technologies Inc (NASDAQ:GTAT) distance from 50-day simple moving average (SMA50) is -2.05%.
China Finance Online Co (NASDAQ:JRJC), a technology-driven, and user-focused market leader in China providing vertically integrated financial information and services, announced that it expects to report net revenues of $21.0 million for the first quarter of 2014, up 281.8% from $5.5 million in the first quarter of 2013. The expected net revenues reflect the impact of fewer trading days in the first quarter due to the long Chinese New Year holidays. China Finance Online Co. (ADR) (NASDAQ:JRJC) shares advanced 23.98% in last trading session and ended the day on $3.05. Gross Margin is 74.80% and its return on assets is -14.20%. China Finance Online Co. (ADR) (NASDAQ:JRJC) quarterly performance is -59.44%.
Analysts at B. Riley dropped their price objective on shares of Oclaro Inc (NASDAQ:OCLR) from $3.10 to $2.50 in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports. B. Riley’s price target would indicate a potential upside of 42.86% from the company’s current price. Oclaro, Inc. (NASDAQ:OCLR) shares moved up 6.81% in last trading session and was closed at $2.04, while trading in range of $1.92 – $2.09. Oclaro, Inc. (NASDAQ:OCLR) year to date (YTD) performance is 10.87%.
Quality Systems, Inc. (NASDAQ:QSII) announced that its management will host a conference call to review results of its fiscal 2014 fourth quarter and year ended March 31, 2014, on Thursday, May 29, 2014 at 10:00 AM ET (7:00 AM PT). Quality Systems’ financial results for the fiscal 2014 fourth quarter and year will be released prior to market open on Thursday, May 29, 2014. Quality Systems, Inc. (NASDAQ:QSII) ended the last trading day at $17.17. Company weekly volatility is calculated as 3.74% and price to cash ratio as 11.00. Quality Systems, Inc. (NASDAQ:QSII) showed a positive weekly performance of 13.63%.
ChipMOS TECHNOLOGIES (Bermuda) LTD. (NASDAQ:IMOS) announced that it is scheduled to present at Cowen and Company’s 42nd Annual Technology, Media & Telecom Conference on Thursday, May 29 at The New York Palace Hotel in New York City. Mr. S.K. Chen, Chief Financial Officer and Mr. David Wang, Vice President, Strategy and Investor Relations, will be hosting meetings with investors to discuss the Company’s financial performance, business trends and growth opportunities. ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) net profit margin is 6.90% and weekly performance is 7.27%. On last trading day company shares ended up $22.73. ChipMOS Technologies (Bermuda) Ltd (NASDAQ:IMOS) distance from 50-day simple moving average (SMA50) is 4.05%.
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