SUNNYVALE, CA — (Marketwired) — 10/23/13 — Infinera (NASDAQ: INFN) today announced that chief financial officer Ita Brennan will resign effective February 28, 2014 to pursue another opportunity at a technology start-up. The Company will commence the process of conducting a search for a new chief financial officer and expects to announce a succession plan on or before her resignation date.Ms. Brennan has served as Infinera-s CFO since June 2010. She joined Infinera in 2006 and served in vario
FREMONT, CA — (Marketwired) — 10/23/13 — Lam Research Corp. (NASDAQ: LRCX) today announced financial results for the quarter ended September 29, 2013.Highlights for the September 2013 quarter were as follows:Shipments of $987 million, down 9% from the prior quarterRevenue of $1,015 million, up 3% from the prior quarterGAAP gross margin of 42.5%, GAAP operating margin of 10.4% and GAAP diluted EPS of $0.50Non-GAAP gross margin of 45.0%, non-GAAP operating margin of 16.2%, and non-GAAP diluted
SUNNYVALE, CA — (Marketwired) — 10/23/13 — Infinera Corporation (NASDAQ: INFN), a leader in Intelligent Transport Networks, today released financial results for the third quarter ended September 28, 2013.GAAP revenues for the third quarter of 2013 were $142.0 million compared to $138.4 million in the second quarter of 2013 and $112.2 million in the third quarter of 2012.GAAP gross margin for the third quarter of 2013 was 48% compared to 37% in the second quarter of 2013 and 37% in the third
LIVERMORE, CA — (Marketwired) — 10/23/13 — FormFactor, Inc. (NASDAQ: FORM) today announced it will accelerate its third quarter earnings announcement and conference call. The earnings announcement will be released at approximately 5:00 a.m. PDT on Thursday, October 24. A conference call to discuss the third quarter results and fourth quarter financial guidance will be held tomorrow, October 24, 2013 at 5:30 a.m. PDT, or 8:30 a.m. EDT. The public is invited to listen to a live webcast of Form
SUNNYVALE, CA — (Marketwired) — 10/23/13 — eGain (NASDAQ: EGAN), the leading provider of cloud-based customer engagement solutions, will announce its fiscal 2014 first quarter financial results after the close of regular market trading on Wednesday, October 30, 2013. A press release will be transmitted to the news media immediately following the close of the market on October 30th. The Company will also hold a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. ET).We
SAN JOSE, CA — (Marketwired) — 10/23/13 — Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the third quarter of fiscal year 2013.Cadence reported third quarter 2013 revenue of $367 million, compared to revenue of $339 million reported for the same period in 2012. On a GAAP basis, Cadence recognized net income of $39 million, or $0.13 per share on a diluted basis, in the third quarter of 2013, compared to net income of $59 million, or $0.21 per share on a diluted basis,
Results and Revised Fiscal Year Outlook Reflect the Significant Transformation Now Underway; While Positioning the Company for Greater Long-Term Growth, Despite Lower Revenue, Symantec Delivered Better Than Expected Operating Margin and EPS
Preview Versions Empower Partnerships, Limited Liability Companies and Corporations to Take Control of Their Year-End Tax Planning to Maximize Business Deductions
OTTAWA, CANADA — (Marketwired) — 10/23/13 — Wi-LAN Inc. ("WiLAN" or the "Company") (TSX: WIN)(NASDAQ: WILN) today provided an update on ongoing litigation.On September 2, 2011, WiLAN announced that the Company had commenced litigation against various companies in Texas claiming infringement of WiLAN-s U.S Patent No. RE37,802, related to CDMA and HSPA technologies.To date, six of the seven defendants, Alcatel-Lucent USA Inc., Dell Inc., Hewlett-Packard Company, HTC Corpor