NEW YORK, April 20, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including GoPro (NYSE: GPRO), GSI Group (NYSE: GSIG), Highpower International (NYSE: HPJ), Ikonics (NYSE: IKNX), and Maxwell Technologies (NYSE: MXWL). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
GPRO Research Report: ( http://get.analystsreview.com/pdf/?c=GoPro&d=20-Apr-2015&s=GPRO ),
GSIGResearch Report: ( http://get.analystsreview.com/pdf/?c=GSI%20Group&d=20-Apr-2015&s=GSIG ),
HPJ Research Report: ( http://get.analystsreview.com/pdf/?c=Highpower%20International&d=20-Apr-2015&s=HPJ ),
IKNX Research Report: ( http://get.analystsreview.com/pdf/?c=Ikonics&d=20-Apr-2015&s=IKNX ),
MXWLResearch Report: ( http://get.analystsreview.com/pdf/?c=Maxwell%20Technologies&d=20-Apr-2015&s=MXWL ).
Analyst Update: Milestone Achieved, Earnings, New Order and Partnership
Reviewed by: Rohit Tuli, CFA®
U.S. stocks tumbled on Friday as disappointing financial results of big companies weighed on investor sentiment. The Dow Jones Industrial Average lost 1.54% or 279.67 points to close at 17,826.10, its worst drop since March 25; the Nasdaq fell 1.52%, or 75.98 points, to 4,931.81, and the S&P 500 closed the session at 2,081.16, down 1.1%, or 23.81 points. Among heavy weights, American Express plunged 4.4% on Friday, reflecting weaker than expected quarterly earnings. European stocks too closed lower on Friday as fear of Greek default intensifies. Notably, Germany's DAX Index dropped 2.6%, followed by France's CAC (down 1.6%), and Britain's FTSE 100 (down 0.9%). Meanwhile, Asian markets witnessed mixed trading on Friday, with China's Shanghai Composite Index reaching its highest level since March 2008, and the Nikkei closing at a lower level.
GoPro, Inc. (GoPro) announced that The GoPro Channel app has received over one million downloads on the Xbox video game and entertainment system, and consumers are watching exclusive GoPro Content on Xbox One® and Xbox 360 in an average of 25 minutes per session.
GSI Group, Inc.'s (GSI Group) revenue during fourth quarter of 2014 increased 14% YoY to $94.0 million, while adjusted EBITDA during the period increased 12% YoY to $15.3 million. For full-year 2015, GSI Group expects revenue from continuing operations to be c.$380 million, reflecting organic revenue growth of 4% to 5% YoY.
Highpower International Inc (Highpower International) announced the receipt of a multi-million dollar order to provide lithium polymer batteries for Mophie™'s battery case products designed for iPhone 6 and iPhone 6 plus. The Company expects the concerned order to have a meaningful impact on its 2015 sales numbers.
Ikonics Corporation's (Ikonics) 2014 sales increased 6% to a record $18.5 million while earnings during the year declined to $648,770 or $0.32 per diluted share from that of $682,173 or $0.34 per diluted share in 2013. The Company's gross profit in 2014 was $6.7 million, or 36.3% of sales, compared to $6.9 million, or 39.7% of sales in 2013.
Maxwell Technologies, Inc. (Maxwell Technologies) has partnered with Purkeys for distribution of the Company's ultracapacitor-based Engine Start Module (ESM) product line to the North American heavy duty trucking industry.
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review