During Tuesday’s current trade, Shares of Lam Research Corporation (NASDAQ:LRCX), gained 8.18%, and is now trading at $77.88, after the chipmaker beat analysts’ estimates for earnings and revenue in the fiscal third quarter.
Lam Research stated earnings of $1.40 a share for the fiscal third quarter, beating analysts’ estimates of $1.30 a share for the quarter. Revenue grew 13% from the previous quarter to $1.39 billion for the quarter, above analysts’ estimates of $1.37 billion.
Shipments grew 20% from the second quarter to $1.497 billion in the fiscal third quarter.
The company said it anticipates to report earnings of $1.39 to $1.53 a share and revenue of $1.55 billion to $1.65 billion for the fiscal fourth quarter. Analysts expect Lam Research to report earnings of $1.35 a share and revenue of $1.39 billion for the fourth quarter.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits. The company provides thin film deposition products, counting SABRE Product Family for copper damascene manufacturing; ALTUS systems deposit conformal atomic layer films for tungsten metallization applications.
During an afternoon trade, Shares of Ford Motor Co. (NYSE:F), dropped -0.79%, and is now trading at $15.78.
Ford Motor, and Sony bring Premium Home Audio Technology to 2016 Ford explorer platinum – an Industry-First Innovation.
Because every great adventure is made perfect by the ideal soundtrack, the new Ford Explorer Platinum features an exclusive Sony® audio system with two industry-first technologies – Live Acoustics™ andClear Phase™.
As a standard feature for the new Ford Explorer Platinum edition, this marks the first time high-end Sony home audio technology has been used in a vehicle. Live AcousticsandClear Phase technologies bring realistic concert-quality sound to the new Explorer.
“Explorer is about pushing boundaries,” says Matt Zuehlk, Ford Explorer brand manager, “and authentic high-end home theater sound isn’t just for the living room anymore. The new Platinum series gives customers everything – counting a sound system that will knock your socks off.”
Introduced as a 1991 model, Ford Explorer debuted with generous interior space customers were looking for, and was engineered specifically for people seeking adventure for their families and a way to express their individuality.
Explorer has reigned as America’s top-selling midsize SUV for 25 successive years – marking a quarter century for the vehicle as a leader both in the segment and in its technology offerings.
Ford Motor Company manufactures and distributes automobiles worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services vehicles, parts, and accessories.
Finally, Fortinet Inc. (NASDAQ:FTNT), gained 8.98% Tuesday, hitting its highest level.
Today, Fortinet Inc. declared its Next Generation Intrusion Prevention System (NGIPS) earned the highest position of any vendor in the latest NSS Labs performance testing. Fortinet’s NGIPS, which demonstrated 99.2% block rates, earned the coveted NSS “Recommended” rating with high scores in all testing categories, and came in as the solution with the best Total Cost of Ownership (TCO) per Megabit Per Second (Mbps) protected. This test further demonstrates the security functionality, performance and value of Fortinet solutions, in addition to the company’s confidence in continually putting its products to the test with independent, third parties. Fortinet has received more certifications from research and testing labs than any other network security vendor.
Fortinet’s FortiGate 1500D NGIPS solution finished in the upper right-hand corner of the NSS Labs Security Value Map, offering the best performance-to-value mix in the industry:
- Fortinet 1500D NGIPS blocked 99.2% of the exploits that NSS Labs utilized in the industry’s most comprehensive exploit test.
- The solution received 100% pass ratings against all evasion strategies employed in the testing, and finished with an overall block rate of 99.2% against real-time, drive-by exploits, whether initiated by the attacker or the target.
- FortiGate 1500D had the lowest Total Cost of Ownership at $5 per protected-Mbps, demonstrating the best value against all competitive solutions by a wide margin.
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.
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