Published:
January 20, 2005 Investor Alert Issued
SoftNet Technology , Skyworks
Solutions, Inc. , Westell Technologies, Inc.
and QLogic Corp. .
Aggressive stock traders and investors, have a look at SoftNet Technology
. SoftNet announced Wednesday that its wholly owned
subsidiary WholesaleByUs has a goal to supply the largest and most
diversified array of products for sale on the Internet. The Company is
making strides toward this goal as they have increased the number of
products for sale by more than 5,000 products to almost 30,000. Not staying
content with that alone and looking to increase the number and diversity of
products offered, they are also in negotiations with numerous suppliers of
products both domestically and internationally.
STTC is currently trading at around 20 cents a share.
Skyworks Solutions, Inc.
After the bell Wednesday, Skyworks Solutions, Inc. reported first quarter
pro forma earnings of $0.13 per share, compared to $0.04 per share in the
same quarter last year. On a pro forma basis, first quarter operating
income was $23.7 million, up 113% from $11.1 million in the last year, the
company stated. On a GAAP basis, earnings per share were reported at $0.09,
compared to $0.03 in the year-ago quarter. Quarterly revenues were reported
at $220.2 million, up from $175.1 million in the same period last year. 22
analysts had a revenue consensus estimate for the quarter of $221.71
million.
SWKS closed Wednesday's regular trading session at $8.01, on volume of 8.5
million shares.
Westell Technologies, Inc.
Broadband equipment company Westell Technologies, Inc. announced third
quarter results after the bell Wednesday, reporting net income for the
third quarter of $3.7 million, or $0.05 per diluted share. Non-GAAP net
income in the December quarter was $6.3 million, or $0.09 per diluted
share, excluding the tax expense. Total revenues for the December quarter
increased 24% to $74.5 million from $60.0 million in the same quarter of
last year
WSTL closed Wednesday's regular session at $6.37, on volume of 695,888
shares.
QLogic Corp.
Computer storage area network equipment maker, QLogic Corp., announced
third quarter results after the bell Wednesday, reporting that earnings
rose to $43.4 million, or 46 cents per share, from $35 million, or 36 cents
per share, a year ago. The company said that it would have earned $45.1
million, or 48 cents per share, excluding items such as charges for
merger-related stock compensation. Revenue rose 10 percent to $150.3
million from $137.1 million in the prior year period.
QLGC closed Wednesday's regular session at $36.79, on volume of 4.4 million
shares.
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