Financial Results and Closing of Facility Financing - Analyst Notes on Cree, Intel, SunEdison, Skyworks Solutions and TI

NEW YORK, April 28, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Cree, Inc. (NASDAQ: CREE), Intel Corporation (NASDAQ: INTC), SunEdison, Inc. (NYSE: SUNE), Skyworks Solutions Inc. (NASDAQ: SWKS) and Texas Instruments Inc. (NASDAQ: TXN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1670-100free.

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Cree, Inc. Analyst Notes
On April 22, 2014, Cree, Inc. (Cree) reported its Q3 FY 2014 (period ended March 30, 2014) financial results. Q3 FY 2014 revenue increased 16.1% YoY to $405.3 million. Quarterly net income reached $28.2 million, up 27.1% YoY, while diluted EPS came in at $0.23, up 21.1% YoY. Commenting on the results, Chuck Swoboda, Chairman and CEO, Cree, said, "Fiscal Q3 was a solid quarter as revenue and operating income were in line with our target range and the business is well positioned to grow in fiscal Q4. These results once again demonstrate our ability to deliver strong operating results while continuing to make longer term investments in new technology and building the Cree brand." The Company added that in Q4 FY 2014 its revenue goal is in the range of $430 million and $460 million. The full analyst notes on Cree are available to download free of charge at:

http://www.analystsreview.com/1670-CREE-28Apr2014.pdf

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Intel Corporation Analyst Notes
On April 15, 2014, Intel Corporation (Intel) reported its Q1 2014 financial results. Quarterly net revenue reached $12.8 billion, up 1.5% YoY. However, Q1 2014 net income was $1.9 billion, or diluted EPS of $0.38, compared with $2.0 billion, or diluted EPS of $0.40, in Q1 2013. Commenting on the results, Brian Krzanich, CEO, Intel, said, "In the first quarter we saw solid growth in the data center, signs of improvement in the PC business, and we shipped 5 million tablet processors, making strong progress on our goal of 40 million tablets for 2014. Additionally, we demonstrated our further commitment to grow in the enterprise with a strategic technology and business collaboration with Cloudera, we introduced our second-generation LTE platform with CAT6 and other advanced features, and we shipped our first Quark products for the Internet of Things." The full analyst notes on Intel are available to download free of charge at:

http://www.analystsreview.com/1670-INTC-28Apr2014.pdf

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SunEdison, Inc. Analyst Notes
On April 23, 2014, SunEdison, Inc. (SunEdison) announced that it has closed financing worth CAD115 million for two solar power plants to be built in Ontario, Canada. The Company added that it will manage the construction of the two plants, which are expected to be operational by the end of 2014, having a total of over 100,000 SunEdison Silvantis Photovoltaic Solar Modules. Once operational, plants will be managed by SunEdison Renewable Operation Center (ROC). Michael Dilworth, Vice President and Country Manager, SunEdison Canada, said, "We have over 130 MW DC [megawatts direct current] of solar energy operating in Ontario today, and are pleased to add these two new utility-scale projects to our portfolio as part of the continued growth of our Canada business." SunEdison informed that till date it has raised over $6 billion in capital to fund renewable energy project development globally. The full analyst notes on SunEdison are available to download free of charge at:

http://www.analystsreview.com/1670-SUNE-28Apr2014.pdf

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Skyworks Solutions Inc. Analyst Notes
On April 22, 2014, Skyworks Solutions Inc. (Skyworks) reported its Q2 FY 2014 financial results (period ended March 28, 2014). Quarterly net revenue reached $481.0 million , up 13.1% YoY. Quarterly net income reached $76.9 million , marking a 24.6% YoY increase. Diluted EPS also increased to $0.40 during the quarter from $0.32 in Q2 FY 2013. Donald W. Palette, Vice President and CFO, Skyworks, said, "As our performance demonstrates, Skyworks is executing to our strategy of gaining semiconductor content through system-level integration, diversifying into adjacent vertical applications and relentlessly pursuing operational excellence. Looking forward, we are on track to deliver strong, sustainable top line growth with continued operating leverage. Specifically, for the third fiscal quarter of 2014, we anticipate revenue to be up 23 percent year-over-year to $535 million with non-GAAP diluted earnings per share up 35 percent year-over-year to $0.73." The full analyst notes on Skyworks Solutions are available to download free of charge at:

http://www.analystsreview.com/1670-SWKS-28Apr2014.pdf

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Texas Instruments Inc. Analyst Notes
On April 23, 2014, Texas Instruments Inc. (TI) reported its Q1 2014 financial results. Q1 2014 revenue reached $3.0 billion, up 3.4% YoY. Quarterly net income also increased to $487 million, or diluted EPS of $0.44, compared with quarterly net income of $362 million, or diluted EPS of $0.32 million, in Q1 2013. Rich Templeton, Chairman, President and CEO of TI, said, "Revenue and earnings for the quarter were in the upper half of the range we expected and marked a good start to the year. TI's outlook for the second quarter of 2014 is for revenue in the range of $3.14 billion to $3.40 billion and earnings per share between $0.55 and $0.63." The full analyst notes on TI are available to download free of charge at:

http://www.analystsreview.com/1670-TXN-28Apr2014.pdf

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