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Tuesday 28 April 2015
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Latest Update

Losing Streaks Alert: Biogen (NASDAQ:BIIB), Monolithic Power Systems, (NASDAQ:MPWR), FMSA Holdings (NYSE:FMSA), Integrated Device Technology (NASDAQ:IDTI)

On Friday, Biogen Inc (NASDAQ:BIIB)’s shares declined -6.64% to $401.71.

Biogen Inc (BIIB) stated first quarter 2015 results, counting revenues of $2.6 billion, a 20% enhance contrast to the first quarter of 2014. Non-GAAP diluted earnings per share (EPS) for the first quarter of 2015 were $3.82, an enhance of 55% over the first quarter of 2014. Non-GAAP net income attributable to Biogen for the first quarter of 2015 was $900 million, an enhance of 53% over the first quarter of 2014.

On a stated basis, GAAP diluted EPS for the first quarter of 2015 were $3.49, an enhance of 73% over the first quarter of 2014. GAAP net income attributable to Biogen for the first quarter of 2015 was $823 million, an enhance of 71% as compared to the same period in the preceding year.

Biogen Inc. discovers, develops, manufactures, and markets therapies for the treatment of neurological, autoimmune, and hematologic disorders in the United States and internationally.

Monolithic Power Systems, Inc. (NASDAQ:MPWR)’s shares dropped -6.63% to $49.96.

Monolithic Power Systems, Inc. (MPWR) declared financial results for the quarter ended March 31, 2015.

The results for the quarter ended March 31, 2015 are as follows:

  • Net revenue was $73.5 million, a 2.9% decrease from $75.7 million in the fourth quarter of 2014 and a 22.4% enhance from $60.1 million in the first quarter of 2014.
  • GAAP gross margin was 54.0%, which comprised of the impact of $0.2 million for stock-based compensation expense and $0.4 million for the amortization of acquisition-related intangible assets, contrast with 53.4% in the first quarter of 2014, which comprised of the impact of $0.2 million for stock-based compensation expense.
  • Non-GAAP gross margin(1) was 54.8%, which excluded the impact of $0.2 million for stock-based compensation expense and $0.4 million for the amortization of acquisition-related intangible assets, contrast with 53.8% in the first quarter of 2014, which excluded the impact of $0.2 million for stock-based compensation expense.

Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for communications, storage and computing, consumer electronics, and industrial/automotive markets.

At the end of Friday’s trade, FMSA Holdings Inc (NYSE:FMSA)‘s shares dipped -6.54% to $7.86.

FMSA Holdings Inc (FMSA) declared that it anticipates releasing its first-quarter 2015 earnings before the New York Stock Exchange opens on Tuesday May 12, 2015. The Company will hold a conference call for investors on May 12, 2015 at 10 a.m. Eastern Time. The call will be hosted by Jenniffer Deckard, president and chief executive officer, Christopher Nagel, chief financial officer and Van Smith, executive vice president responsible for proppant sales, marketing and new product development.

FMSA Holdings Inc., together with its auxiliaries, provides sand-based proppant solutions for exploration and production companies to enhance the productivity of their oil and gas wells. It operates in two segments, Proppant Solutions and Industrial & Recreational (I&R) Products.

Integrated Device Technology Inc (NASDAQ:IDTI), ended its Friday’s trading session with -6.53% loss, and closed at $18.41.

Integrated Device Technology Inc (IDTI) declared that it will issue fourth quarter and fiscal year 2015 financial results on May 4, 2015 after 1:00 p.m. Pacific time.

The financial results webcast will start at 1:30 p.m. Pacific time and will be accessible via the IDT website at http://ir.idt.com/. The webcast replay will be accessible after 5 p.m. Pacific time on May 4.

Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of mixed signal semiconductor solutions for the communications, computing, and consumer industries worldwide. It operates in two segments, Communications, and Computing and Consumer.

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