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Financial Results, Technology Launches, Promising Partnerships, Stock Sales, Share Repurchase, and Stock Price Movements - Analyst Notes on Trimble, Dolby, AFOP, Methode Electronics and AE

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

May 14, 2014, 09:10 ET

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NEW YORK, May 14, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Trimble Navigation Limited (NASDAQ: TRMB), Dolby Laboratories, Inc. (NYSE: DLB), Alliance Fiber Optic Products Inc. (NASDAQ: AFOP), Methode Electronics Inc. (NYSE: MEI) and Advanced Energy Industries, Inc. (NASDAQ: AEIS). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2530-100free.

--
Trimble Navigation Limited Analyst Notes
On May 6, 2014, Trimble Navigation Limited (Trimble) reported its Q1 2014 financial results. Revenue came in at $604.7 million, up 8.7% YoY, while operating income stood at $75.7 million, up 34.1% YoY. Net income was $68.6 million or $0.26 per diluted share, compared with $49.8 million or $0.19 per diluted share in Q1 2013. "We did not meet our original expectations in the quarter," said Steven W. Berglund, Trimble's President and CEO. "The shortfall to expectation was focused in the North American agriculture business, which was adversely affected by a number of factors including weather conditions. The rest of the company demonstrated double-digit revenue growth and a significant increase in profitability. In particular, we are seeing an improving environment in construction. In the short term, we anticipate some volatility in agriculture, but the long-term growth prospects are unchanged and we remain optimistic about the second half of the year." For Q2 2014 Trimble expects revenue to be between $605 million and $630 million with EPS of $0.22 to $0.26 The full analyst notes on Trimble are available to download free of charge at:

http://www.analystsreview.com/2530-TRMB-14May2014.pdf

--
Dolby Laboratories, Inc. Analyst Notes
On May 1, 2014, Dolby Laboratories, Inc. (Dolby) declared that its latest audio technology, Dolby Atmos, was successfully launched in New Delhi-India's capital city. The Company informed that Delite Cinemas located in Daryaganj, New Delhi will be the first cinema in the city to feature the new technology to movie goers. According to the Company, Dolby Atmos® improves the effectiveness of sound in storytelling by letting filmmakers have the creative freedom to place or move sounds anywhere in the movie theater for a mesmerizing, virtual reality of sound- and the most incredible cinema experience. Ashim Mathur, Marketing Head, Dolby Laboratories India, commented, " We are confident that moviegoers will be captivated by the remarkable clarity and dimension of the sound and will keep coming back to Delite Cinemas to get this amazing experience that Dolby Atmos provides." The full analyst notes on Dolby are available to download free of charge at:

http://www.analystsreview.com/2530-DLB-14May2014.pdf

--
Alliance Fiber Optic Products Inc. Analyst Notes
On May 2, 2014, Alliance Fiber Optic Products Inc. (AFOP) reported that on May 1, 2014, its founder and CEO, Peter Chang, sold 200,000 shares of AFOP stock which was held by The Peter & Mary Chang Foundation via a 10b5-1 plan. The Company informed that the Peter & Mary Chang Foundation was created by Peter Chang and his wife, Mary Chang and the foundation aims to make donations to organizations for religious, charitable, scientific, or educational purposes. AFOP also stated that it was listed as an IBD50 by Investor's Business Daily, which also released an article about the Company, entitled "From Piece Parts To Integrated Modules, AFOP Thrives". The full analyst notes on AFOP are available to download free of charge at:

http://www.analystsreview.com/2530-AFOP-14May2014.pdf

--
Methode Electronics Inc. Analyst Notes
On May 9, 2014, Methode Electronics Inc.'s (Methode Electronics) shares increased 0.58%, ending the day at $27.96. For the past month, shares in Methode Electronics declined 7.72% compared to the Dow Jones Industrial Average which increased 0.89% during the same period. The full analyst notes on Methode Electronics are available to download free of charge at:

http://www.analystsreview.com/2530-MEI-14May2014.pdf

--
Advanced Energy Industries, Inc. Analyst Notes
On May 7, 2014, Advanced Energy Industries, Inc. (AE) declared that its Board of Directors authorized AE to repurchase up to $25.0 million of its common stock over the next 12 months. The Company informed that the purchases by AE will be made gradually in line with applicable securities regulations. AE added that the timing and actual number of shares repurchased shall hinge on several factors such as the market price of AE's common stock, regulatory, legal and contractual requirements, and other market factors. The Company further stated that there is no minimum number of shares to be repurchased under the program, and it may be suspended or discontinued without prior announcements. Garry Rogerson, CEO of AE commented, "Our strong balance sheet and cash flow generation are enabling us to pursue organic and inorganic initiatives to drive growth while giving the flexibility to implement this buyback program." The full analyst notes on AE are available to download free of charge at:

http://www.analystsreview.com/2530-AEIS-14May2014.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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