SolarEdge Technologies, Inc. (SEDG)
Shares of SEDG climbed more than 11% in after-hours trading Wednesday as the company delivered strong growth in its quarterly financial results.
For its fourth quarter fiscal 2015, SEDG posted record revenue of $98.4 million, a 120.8% increase year over year, and non-GAAP (excluding non-recurring items) net income of $13.8 million, or $0.31 per diluted share, compared to non-GAAP net loss of ($2.8) million, or ($0.10) per diluted share in the same quarter the prior year.
SEDG also posted record revenue for fiscal year 2015 of $325.1 million, representing a 144.0% year-over-year growth.
According to its business outlook for the first quarter fiscal 2016, expects revenues to be within the range of $108 million to $112 million.
SEDG provides an intelligent inverter solution that has changed the way power is harvested and managed in solar photovoltaic systems.
More about SolarEdge Technologies, Inc. (SEDG) at www.solaredge.com
Cisco Systems, Inc. (CSCO)
After the closing bell on Wednesday, CSCO reported stronger-than-expected quarterly financial results, with profit and revenue numbers above analysts’ expectations.
For its fourth quarter fiscal 2015, CSCO posted revenue of $12.8 billion, a 4% increase year over year, and non-GAAP net income of $3.01 billion, or $0.59 per diluted share, compared to non-GAAP net income of $2.84 billion, or $0.55 per diluted share, exceeding the Capital IQ Consensus Estimate of $0.56 earnings per share on revenues of $12.66 billion for the period
For its first quarter fiscal 2016, CSCO expects revenue growth to be in the range of 2% to 4% versus the same quarter the prior year and non-GAAP EPS to be in the range of $0.55 to $0.57
CSCO is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected.
More about Cisco Systems, Inc. (CSCO) at www.cisco.com
Roundy’s, Inc. (RNDY)
RNDY shares surged more than 8% during the extended session Wednesday after the company delivered better-than-expected numbers in its financial results.
For the second quarter 2015, RNDY posted net sales of $998.3 million, a 5.9% increase year over year, and adjusted net loss of ($1.1) million, or ($0.02) per diluted share, topping the Capital IQ Consensus Estimate of ($0.04) loss per share on revenues of $984.42 million for the period.
RNDY expects third quarter 2015 net sales to be in a range of $975 million to $985 million
RNDY operates retail grocery stores throughout Wisconsin and in the greater Chicago area.
More about Roundy’s, Inc. (RNDY) at www.roundys.com
Crown Equity Holdings Inc. (CRWE)
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
The company has added 184 countries, 56 dependent territories and their respective cities or communities into its CRWE WORLD ( www.crweworld.com ), a community specific news, information and engagement platform which primary goal is to become a one-stop shop for the various needs of online consumers ranging from Real Estate, Coupons & Deals, Business Directory and much more, while providing news and information.
The CRWE WORLD network will provide businesses a tool to target its marketing message locally, nationally and internationally, as well as targeting potential consumers in a specific location, such as within a certain zip code.
The company’s CRWE Real Estate ( www.CRWERealEstate.com ) is expected to be integrated in all the CRWE WORLD Network. It will allow people to submit their listings for exposure to visitors searching for homes.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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