On Tuesday, Shares of Cypress Semiconductor Corporation (NASDAQ:CY), lost -5.56% to $10.54.
Cypress Semiconductor Corp. and THine Electronics introduced the industry’s fastest USB 3.0 camera reference design kit with 13-megapixel resolution at 21 frames per second. The new Ascella design kit is based on Cypress’s EZ-USB CX3 USB 3.0 camera controller and THine’s THP7312 image signal processor (ISP).With optimized firmware, a software development kit, reference circuit schematics and related materials, the kit accelerates customers’ time-to-market without expensive initial costs for developing camera firmware. The kit delivers high-resolution performance and advanced functions such as auto-focus and live video streaming for a broad range of consumer, industrial, medical, educational and automotive applications. The Ascella USB 3.0 Camera Reference Design Kit is accessible through e-con Systems, a leading product design services company specializing in advanced camera solutions.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
Shares of LKQ Corporation (NASDAQ:LKQ), declined -0.60% to $31.45, during its last trading session.
LKQ Corporation, stated record revenue for the second quarter of 2015 of $1.84 billion, an enhance of 7.5% as contrast to $1.71 billion in the second quarter of 2014. Net income for the second quarter of 2015 was $119.7 million, an enhance of 14.1% as contrast to $104.9 million for the same period of 2014. Diluted earnings per share of $0.39 for the second quarter ended June 30, 2015 raised 14.7% from $0.34 for the second quarter of 2014. The Company noted that adjusted diluted earnings per share for the second quarter 2015 was $0.39 contrast to $0.35 for the second quarter of 2014 after adjusting each of the periods for net losses resulting from restructuring and acquisition related expenses and the change in fair value of contingent consideration liabilities.
“We are very happy with our operating results during the quarter even though the headwinds of scrap prices and exchange rate fluctuations we faced in the first quarter of 2015 continued in the second quarter,” stated Robert Wagman, President and Chief Executive Officer of LKQ Corporation. “I am particularly happy with the 15% revenue growth in parts and services on a constant currency basis and the 30 basis point expansion in segment EBITDA margins. Our Wholesale European segment showed solid improvement, with its EBITDA margins for the quarter increasing 70 basis points over the preceding year. Organic revenue growth for parts and services was 7.5% on a global basis, counting 10.1% in our Wholesale Europe segment.”
LKQ Corporation, together with its auxiliaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the United States, the United Kingdom, the Netherlands, Belgium, Northern France, Canada, Mexico, and Central America.
Finally, Fortinet Inc (NASDAQ:FTNT), ended its last trade with -1.28% loss, and closed at $46.93.
Fortinet, declared enhancements to its cloud-based FortiCloud administration system and a new line of cloud-managed wireless access points (APs), ongoing the company’s planned investments and momentum in the secure wireless networking market. Fortinet’s “FortiAP-S series” wireless LAN (WLAN) APs are the most secure cloud-managed enterprise Wi-Fi products on the market, featuring Fortinet’s cybersecurity technology running directly on the AP and the latest security updates from Fortinet’s industry-leading FortiGuard Labs Threat Intelligence team. Now organizations no longer need to sacrifice security when opting to manage their enterprise wireless LAN from the cloud.
Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products.
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