Prestigious Recognitions, NotesPricing, Appointments, Employment Incentives, and Financial Results - Research Report on Marvell, InvenSense, Teradyne, Semtech, and RDA Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, November 20, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Marvell Technology Group Ltd. (NASDAQ: MRVL), InvenSense, Inc. (NYSE: INVN), Teradyne Inc. (NYSE: TER), Semtech Corp. (NASDAQ: SMTC) and RDA Microelectronics, Inc. (NASDAQ: RDA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Marvell Technology Group Ltd. Research Report
On November 13, 2013, Marvell Technology Group Ltd. (Marvell) announced that its President and Co-Founder, Weili Dai, was honored with the Gold Stevie® Award for Woman of the Year - Technology. The American Business Awards for Women in Business recognized Ms. Dai for 'her vision and contributions in advancing technology innovation and her exemplary role for women in business'. Commenting on the prestigious recognition, Dai said, "I am extremely honored and humbled to receive this prestigious award. In today's life, technology is a key foundation for the success of our country. It has been my passion to continuously drive technology advancement to make positive impacts for better lives for all. I hope this Award will encourage more women to participate in the field of science and engineering. With our own brand of passion, compassion and commitment to our family and community, I believe we can make our unique contributions to the social aspect of technology and make it fit into our everyday lifestyle." The Full Research Report on Marvell Technology Group Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
InvenSense, Inc. Research Report
On November 6, 2013, InvenSense, Inc. (InvenSense) announced the pricing of $150 million aggregate principal amount of convertible senior notes due 2018 (the notes) via a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The Company informed that the size of the offering of the notes was increased from the previously reported $125 million aggregate principal amount. In addition, InvenSense also granted the initial purchaser of the notes an option to purchase up to an additional $25 million aggregate principal amount of the notes. The Full Research Report on InvenSense, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Teradyne Inc. Research Report
On November 13, 2013, Teradyne Inc. (Teradyne) reported that its Board of Directors has named Mark E. Jagiela to succeed Michael A. Bradley as CEO, effective January 31, 2014. Jagiela will also join the Board of Directors on the same date. Teradyne Chairman, Albert Carnesale, commented, "Mike has done an excellent job guiding Teradyne through unprecedented changes in the electronics business and leaves the company on a very solid foundation. As Mark takes the reins, Teradyne's core test businesses are more competitive and financially stronger than ever. Mark's technical background, broad understanding of the business, and strong leadership skills have prepared him well to drive Teradyne's future growth." Commenting on his appointment, Jagiela said, "Teradyne's long history of innovation, responsiveness, and customer focus has put us at the front of the test industry for over 50 years. I am excited to build on that history, while leading an incredibly talented team of Teradyne employees forward to our next round of growth." The Full Research Report on Teradyne Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Semtech Corp. Research Report
On November 15, 2013, Semtech Corp. (Semtech) reported that as an inducement to enter into employment with Semtech, the Company has made awards effective November 13, 2013 of restricted stock units (Inducement Awards) to two newly hired employees via the Semtech 2009 Long-Term Equity Incentive Inducement Plan (the Inducement Plan). The Company informed that a total of 3,540 restricted stock units were distributed for these Inducement Awards. In Accordance with the terms of Inducement Awards, each of the Inducement Awards is subject to time-based vesting and will vest annually over a four-year period, contingent upon each applicable employee remaining employed with Semtech through the relevant vesting dates. The Full Research Report on Semtech Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
RDA Microelectronics, Inc. Research Report
On November 12, 2013, RDA Microelectronics, Inc. (RDA) reported its financial results for Q3 2013. During the quarter, revenue came in at $85.1 million, representing a decline of 22.8% QoQ and 22.1% YoY. Gross margin was 32.7% for the quarter, versus 32.3% in Q2 2013 and 31.1% in Q3 2012. Q3 2013 GAAP net income was $9.1 million, or $0.19 per diluted ADS, compared to $13.7 million, or $0.29 per diluted ADS in Q2 2013 and $13.5 million, or $0.28 per diluted ADS in Q3 2012. Vincent Tai, Chairman and CEO of RDA Microelectronics, commented, "Even when considering the revenue decline in the quarter, we were notably able to improve our gross margin sequentially and still generate solid profits and cash flow. In order to better position RDA against future currency issues, we have accelerated our plans to establish a direct sales channel with Indian domestic handset manufacturers and now have a sales team in place who are quickly penetrating the top brands." The Full Research Report on RDA Microelectronics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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