Daily Stocks News » OVTI

OmniVision Tops Q4 Estimates, Provides Upbeat Q1 Guidance (OVTI)

Warren Paige — Fri, 31 May 2013 17:20:22 +0000

Image sensor maker, OmniVision Technologies Inc. (NASDAQ: OVTI) reported better-than-expected fiscal fourth quarter results on Thursday as solid revenue growth offset contraction in margins. The Company also offered very optimistic guidance for the fiscal first quarter.

Shares rallied on Friday, gaining about 19% in early trading hours.

For the fiscal first quarter, the Santa [...]

Major Movers on May 31; PANW, GES, KKD, LGF, OVTI

Warren Paige — Fri, 31 May 2013 17:18:59 +0000

Shares of Palo Alto Networks Inc. (NYSE: PANW) plunged about 9.50% by midday trade. The network security solutions provider said on Thursday that it swung into fiscal third quarter loss. Higher operating expenses and income tax provision dented the bottom line even as revenue fell short of analysts’ expectation. For the fiscal third quarter, the [...]

Major Movers Before the Bell; OmniVision Technologies Inc. (OVTI), Splunk Inc. (SPLK)

Warren Paige — Fri, 31 Aug 2012 13:48:31 +0000

Shares of OmniVision Technologies Inc. (NASDAQ: OVTI), a developer and marketer of integrated and semiconductor image-sensor devices, have risen sharply before the opening bell.

OVTI shares are up 10.50% to $17.58 in pre-market trading. The rally in OVTI shares has been sparked by the announcement of the company’s first-quarter financial results.

For the first [...]