President of Seagate Technology. just declared that he owns no shares of Seagate Technology.
James J Lerner, President of Seagate Technology., appears to have filed an empty initial statement of beneficial ownership. This form is usually filed as a prelude to a company officer either receiving options or buying company shares, so there may be more to come from Lerner.
Gross margins are still negative, but the loss is getting smaller, having dropped from a negative 59.9% in the fourth quarter a year ago to 36% in the fourth quarter of 2013.
Plug Power Inc. (NASDAQ: PLUG) reported fourth-quarter and fiscal year 2014 results before markets opened Thursday. The fuel cell maker posted an adjusted diluted earnings per share (EPS) loss of $0.08 on revenues of $8.0 million. In the same period a year ago, Plug Power reported an EPS loss of $0.25 on revenues of $5.9 million. Fourth-quarter results also compare to the Thomson Reuters consensus estimates for an EPS loss of $0.08 and $7.45 million in revenue.
For the full year, Plug Power reported an EPS loss of $0.34 on revenues of $26.6 million, compared with an EPS loss of $1.07 on revenues of $26.1 million in the prior year. The consensus estimates called for an EPS loss of $0.48 on revenues of $26.05 million.
Plug Power shipped 279 units during the fourth quarter of 2013, compared to 518 units in the fourth quarter of 2012. For the full year, the company shipped 918 units, compared to 1,391 in 2012.
The company has booked $60 million in sales orders already in 2014, after booking $32 million in the fourth quarter of 2013.
Plug Power did not offer guidance, but consensus estimates call for an EPS loss of $0.05 on revenues of $7.85 million in the first quarter. For the full year, revenues are forecast at $63.7 million and the EPS loss is estimated to reach $0.11.
Read more: Plug Power Finds Revenue Growth, Says Will Break Even in Q3 - Plug Power, Inc. (NASDAQ:PLUG) - 24/7 Wall St. http://247wallst.com/technology-3/2014/03/13/plug-power-finds-revenue-growth-says-will-break-even-in-q3/#ixzz2vqVWRXbQ
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This is just to easy frying theses stupid shorts. Lol.. What fool ! Cover you idiots this is a gift, crab while you can. See you fools at $70
Like I said smart shorts are covering & getting the hell out of town. With in a month back to $70. Supid shorts
The Latest Financials Showed:
Questcor Fourth Quarter and Full Year 2013 Financial Results
- Fourth Quarter Net Sales $243 Million; Increase 51% Year-over-Year
- Fourth Quarter GAAP EPS of $1.44, Non-GAAP EPS of $1.67 up 53%
- Full Year 2013 Net Sales $799 Million; Increase 57% Year-over-Year
- Full Year GAAP EPS of $4.76, Non-GAAP EPS of $5.48 up 65%
What Some Wall Street Analysts Are Saying:
Mizuho stated: We find it implausible that Acthar is somehow mislabeled or adulterated, lab error more likely. They maintain a $93 target.
Oppenheimer: Says it expects continued momentum into 2014 and has the stock rated as Outperform with a $99 target.
Janney Capital: Fair value estimate is $90.00.
Piper Jaffray: Has the stock rated as Overweight and raised its price target from $85 to $98.
Merrill Lynch stated: Product quality allegations create a compelling opportunity - BUY.
Relax, Management and the Board is strong:
FMCC went down because the US gov is going to put them out of business. PLUG went down because it's a pos of a stock. Book value of .02 cents, revenue of $26 million with a market cap of $1.6 billion. Burning thru cash like a drunken sailor, & 10's of million in share holder dilution. And you think this stock is worth $6? Really? Why?