Wednesday, July 30, 2014

Twitter (TWTR) Reports 2Q'14 Results (TWTR Gap Open)

Twitter (TWTR) spiked this morning (02014.07.30) to $47.61 after the company announced 2Q'14 results. Previous close: $38.59. Twitter turned a profit of two cents per share during 2Q'14. TWTR 52-week range: $29.51 - $74.73.

Tuesday, July 29, 2014

Level 3 Communications (LVLT) Reports 2Q'14 Results (Hits New 52-Week High)

Level 3 Communications (LVLT) spiked to a new 52-week high today (02014.07.29) of $49.22 after the company reported 2Q'14 results.
"Level 3 delivered another quarter of solid revenue and Adjusted EBITDA growth," said Jeff Storey, president and CEO of Level 3. "Our ability to help enterprise customers solve their evolving, global telecommunications needs is a key differentiator in the industry. During the second quarter, we also indicated our intent to acquire tw telecom and the integration planning process is well underway."

LVLT closed yesterday (02014.07.28) at $44.91.

Sunday, July 27, 2014

Amazon.com (AMZN) Reports 2Q'14 Results

Amazon.com (AMZN) lost almost 10% of its market value on Friday (02014.07.25). The company announced they're going to lose between $410 million and $810 million this quarter (3Q'14). Amazon.com is managed for the long-term, while on Wall Street three months is frequently considered an eternity.

Amazon.com's 2Q'14 press release started with the following.

Operating cash flow increased 18% to $5.33 billion for the trailing twelve months, compared with $4.53 billion for the trailing twelve months ended June 30, 2013. Free cash flow increased to $1.04 billion for the trailing twelve months, compared with $265 million for the trailing twelve months ended June 30, 2013. Free cash flow for the trailing twelve months ended June 30, 2013, includes cash outflows for purchases of corporate office space and property in Seattle, Washington, of $1.4 billion.

AMZN closed at $324.01 on 02014.07.25. 52-week range: $279.33 - $408.06.

Thursday, July 24, 2014

Illumina (ILMN) Reports 2Q'14 Results

Illumina (ILMN) reported 2Q'14 results after the market closed yesterday. The 2nd-quarter results prompted Illumina to "raise" Fiscal Year 2014 guidance. Nutshell: Illumina's 2Q'02014 free cash flow was $155 million. R&D expenses were $83 million. Illumina has ~$1.1 billion in the bank.
"We are witnessing tremendous interest in our products, which led to record financial results in the second quarter. With the most extensive sequencing portfolio available, we remain extremely well-positioned to develop and address the large and untapped market opportunities ahead of us." -- Jay Flatley, CEO.

FB closed yesterday (02014.07.23) at $180.64. 52-week range: $72.77 - $184.49. Note: The current 52-week high, which was hit on 2 July 02014, is also ILMN's all-time high.

Facebook (FB) Reports 2Q'14 Results

Facebook (FB) reported 2Q'14 results after the market closed yesterday. Nutshell: Facebook's 2Q'02014 free cash flow was $872 million and that was after capital expenditures of $469 million. Facebook's 2Q'02014 effective tax rate was a whopping 43%. Facebook has ~$14 billion in the bank.
"We had a good second quarter. Our community has continued to grow, and we see a lot of opportunity ahead as we connect the rest of the world." -- Mark Zuckerberg, Facebook founder and CEO. "

FB closed yesterday (02014.07.23) at $71.29. Pre-market trading today hints that FB might hit a new all-time high today (02014.07.24). 52-week range: $32.75 - $72.59. Note: The 52-week high, which was on 11 March 02014, is all-time high.

Tuesday, July 22, 2014

iRobot (IRBT) Reports 2Q'14 Results

iRobot (IRBT) reported 2Q'14 results today (02014.07.22) after the market closed. IRBT closed at $38.79. 52-week range: $28.90 - $48.36.

I thought iRobot had a solid 2Q'14, but IRBT is down almost 10% in early after market trading.

iRobot's press release started with: "I am pleased to report a successful second quarter, with results that met our expectations." Colin Angle, Chairman and CEO of iRobot.

NeuroMetrix (NURO) Celebrates 10 Years On the NASDAQ

NeuroMetrix (NURO) issued a press release today (02014.07.22) titled: NeuroMetrix Marks 10th Year Anniversary of Listing on NASDAQ.

Quoting the company's President & CEO Shai Gozani:

Our NASDAQ listing has been an important factor in our access to capital markets and has provided orderly trading in our stock for investors. We are very pleased with our long association with NASDAQ.

NURO closed yesterday (02014.07.21) at $2.02.

According this graph NURO has decreased by 99.3% in ten years.