FINANCIAL NEWS
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Oclaro, the product of the merger of Avanex and Bookham, has had a great year with the acquisition of Mintera and expects $120 million to $126 million revenue in the next quarter. AXT Reap Rewards with $23.2 Million Revenue for Q2 2010 July 30, 2010
The demand for gallium arsenide substrates and raw material continues to grow at a healthy pace, fueled by strong sales of wireless devices and the increasing worldwide adoption and investment into LED technology. TriQuint Revenues Increase By 23% from Q2 2009 July 29, 2010
Increased gross margin is attributed to to strong factory utilization, a higher mix of networks and defense product revenue and favorable product mixes. Aixtron Celebrates 237% Increased Revenue July 29, 2010
Revenue has jumped from €102.9m in H1 2009 to €346.3 in H1 2010 mainly thanks to LED manufacturing demand, causing the firm to increase its 2010 guidance. Anadigics Back In Business With Net Sales Up 64.2% July 29, 2010
The firm’s revenue hit $51.7 million for Q2 2010 and are expected to increase in the next quarter with the fast-growing 3G & 4G wireless market, which will require increasing power amplifiers.
RFMD Flying High with 236% Increase in Operating Income July 28, 2010
Firm delivers GAAP operating income of $40.6 Million, diluted EPS Of $0.10 and generates approximately $46 million In quarterly free cash flow Veeco Q2 2010 Revenue Up 250% At $253 Million July 27, 2010
LED & Solar revenues were $186 million, with approximately $175 million in MOCVD, with 81 MOCVD systems shipped. Oclaro Files SEC Report Regarding Merger with Mintera July 27, 2010
The firm has filed a report with the Securities and Exchange Commission regarding its merger with Mintera.
Opel Successfully Closes $7.55 Million Private Placement Financing July 26, 2010
The firm says, "This capital raise ensures the Company's ability to build out the necessary inventory to timely supply its forecasted solar project backlog." Hittite Net Income for Q2 2010 up by 81% from Q2 2009 July 23, 2010
Revenue for the recently completed quarter from customers in the United States was $27.5 million, and from customers outside the United States was $32.8 million. Infinera ‘s Record Revenue Causes Share Price To Jump By 20% July 23, 2010
With revenues of $111.4 million for Q2, this represents 62% year-over-year revenue growth; increased largely due to tributary adapter modules. Skyworks Revenue up by 44% to $275.4 Million in F3Q 2010 July 23, 2010
GAAP operating income for the third fiscal quarter was $53.5 million versus $21.5 million in the F3Q 2009 and largely up due to the ramp in 6” GaAs based HBT manufacturing. MOCVD Manufacturer EMF Goes Into Receivership July 23, 2010
The Irish semiconductor equipment provider is selling off its business and assets. Applied To Restructure Energy and Environmental Segments July 22, 2010
The firm intends to put primary emphasis on advanced energy including LED technologies in order to reduce annual operating expenses by at least $100 million. RFMD Repurchases and Retires $110 Million July 21, 2010
Since the firm repurchased and retired the 2012 Notes early, paying $0.97 per $1.00 of par value for the 2012 Notes and retiring the 2010 Notes at maturity, the aggregate principal amount of 2012 Notes outstanding is now $97.7 million. KLA-Tencor Schedules QF4 and Fiscal Year 2010 Release July 20, 2010
The live audio webcast of the conference call will take place on Thursday, July 29, 2010 at 2pm PDT. Riber Back on Track with H1 Revenues of €4.4 million July 16, 2010
With an order of €16.9 million, Riber will provide eight MBE research systems and two MBE production systems IQE Interim Results Should Show £2 million Profit July 15, 2010
The surge in demand for wireless and optoelectronic products has boosted orders for III-V based Vertical Cavity Surface Emitting Lasers (VCSELs), Concentrator Photovoltaics (CPVs) and Gallium Nitride (GaN) LED wafers. NXP Increases Private Offering to US $1 Billion July 15, 2010
The firm has increased its offering from $600 million to $1 billion. SPTS Revenue Triples Thanks to LED & High Speed Electronics July 14, 2010
More than 80% of orders received in the first half of 2010 were from customers operating in the high speed electronics, light-emitting diode (LEDs), MEMS, power semiconductor and advanced packaging markets. KLA-Tencor Increases Quarterly Dividend July 14, 2010
KLA-Tencor Corporation today announced that its board of directors has authorized an increase of the level of the company's quarterly dividend from $0.15 to $0.25 per share. Kopin Corporation Announces Schedule for Q2 2010 Release July 14, 2010
The firm will release their financial results before the market opens on Tuesday, August 3 and host the conference call at 9:00 a.m. ET the same day. NXP Announces Private Offering of US $600 Million July 13, 2010
The company intends to use the proceeds from the offering to repay certain of its existing notes including redemption calls, open market purchases and privately negotiated transactions
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