GoPro Inc (NASDAQ:GPRO), an American corporation famous for its high-definition personal cameras, often used in extreme action video photography is really making its way into the stock market by offering a perfect amalgamation of hardware and software punch. Mainly famous for its hardware products, especially cameras that are fitted for rugged terrains, Quadcopters, skiing equipment, GoPro Inc (NASDAQ:GPRO), is quickly becoming a mainstream company giving a decent IPO. Talking to CNBC, Scott Kupor, COO of Andreessen Horowitz, said that GoPro Inc (NASDAQ:GPRO) can really harness market potential into a long term benefit if they can monetize a community around it just…
Author: Matt M
It seems that Google Inc (NASDAQ:GOOGL) is hastily making its way to be the next paramount leading technology entity globally after Apple Inc. (NASDAQ:AAPL). Google now has a variety of options for the investors to look for and choose it to be their net fortune guru. Bob O’Donnell, Founder and Chief Analyst at Technalysis Research, during an interview on CNBC, stated that Google Inc (NASDAQ:GOOGL) has to look out for the maintenance attributes in the long term market gain in order to sustain the swift speed they are gaining. “The concept and vision is good, how the implementations happens over time remains to be seen,”…
LinkedIn Corp (NYSE:LNKD) posted financial results above the Street’s estimates, with Non-GAAP diluted EPS for Q1 of $0.38, compared to $0.45 for Q1 of 2013. The company’s revenue for Q1 amounted to $473.2 million, up by 46% on the year. The Street expected earnings of $0.34 per share on revenue of $466 million. For the next quarter, LinkedIn expects revenue in the range between $500 million and $505 million. Adjusted EBITDA is estimated by the company between $118 million and $120 million. The company also expects depreciation and amortization costs of around $53 million, and stock-based compensation of some $75 million. The Street’s outlook…
Core Laboratories N.V.(NYSE:CLB) is weaker in late trading after the company posted financial results fell short of analysts’ expectations despite being the most profitable Q1 in the company’s history. Shares are down 5% at $202.95 in the after hours session, with a 52-week range of $133.02 – $221.00. The provider of reservoir description, production enhancement and reservoir management services to the oil and gas industry reported Q1 net income attributable to CLB of $61.06 million or $1.35 per share, compared with $56.52 million or $1.22 per share in the prior-year period. Revenue was $262.9 million, up from $260.9 million in the…
Zynga (NASDAQ:ZNGA) is higher in late trading after the provider of social game services said that it has appointed David Lee as chief financial officer and chief accounting officer effective April 14, 2014. Shares are up 1.72% at $4.14, with a 52-week range of $2.50 – $5.89. Lee takes over the positions from Mark Vranesh, who has resigned but will remain for a month to ensure a seamless transition. Lee was most recently senior vice president for enterprise finance at Best Buy (NYSE:BBY). Analysts have a consensus price target of $4.44 on Zynga Inc (NASDAQ:ZNGA) which indicates a 9% upside. The consensus…
GigaMedia (NASDAQ:GIGM) reported that for Q4 it narrowed its loss from the same quarter last year, even as revenue decreased year over year, and provided revenue growth guidance for the fiscal 2014. The provider of online entertainment software and services in China reported Q4 net loss of $30.36 million, or $0.60 loss per share, compared with the prior-year period’s $15.4 million or $0.30 loss per share. Excluding non-cash impairment of $30 million, net loss was $450,000. Revenue was $3.38 million, down from $4.83 million in the same quarter last year. No analyst estimates were available for comparison. The company said that…