Earnings
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ChinaEdu Corp. (NASDAQ: CEDU) reported Q1 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $19.2 million versus the consensus estimate of $19.24 million.
ChinaEdu Corp. sees Q2 2013 revenue of $20-20.9 million, versus the consensus of $20.7 million.
For earnings history and earnings-related data on ChinaEdu Corp. (CEDU) click here.
China Hydroelectric (NYSE: CHC) reported Q1 EPS of $0.00, versus $0.03 reported last year. Revenue for the quarter came in at $18.3 million, versus $21.1 million reported last year.
For earnings history and earnings-related data on China Hydroelectric (CHC) click here.
Cinedigm Digital Cinema (NASDAQ: CIDM) reported Q4 EPS of ($0.10), $0.01 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $21.5 million versus the consensus estimate of $21.4 million.
For earnings history and earnings-related data on Cinedigm Digital Cinema (CIDM) click here.
(Updated - June 19, 2013 4:08 PM EDT)
Jabil Circuit, Inc. (NYSE: JBL) reported Q3 EPS of $0.56, $0.02 better than the analyst estimate of $0.54. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.4 billion.
Sees Q4 2013 EPS of $0.50 - $0.58, versus the consensus of $0.60. Also sees Q4 2013 revenue of $4.55 - $4.65 billion, versus the consensus of $4.59 billion.
In addition to the segment guidance, Jabil announced its intention to realign its global operations to more appropriately reflect current market conditions and customer needs. The company indicated that they began consultation with employees during the third fiscal quarter. Jabil management did not provide specific locations under consideration out of respect for employees, their families and their representatives, and statutory and consultation periods required. The company currently estimates that the realignment could result in approximately $188 million of charges, including the $28 million of charges incurred during the company’s third quarter. It is currently estimated that $60 to $70 million will be recorded in Jabil’s fourth fiscal quarter of 2013 and the balance during its fiscal years 2014 and 2015. Jabil estimates that the majority of the $140 million cash associated with these actions will be used in fiscal 2014.
For earnings history and earnings-related data on Jabil Circuit, Inc. (JBL) click here.
Micron Technology, Inc. (NASDAQ: MU) reported Q3 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.24 billion.
"As the memory market shows improvement in both DRAM and NAND fundamentals, we continue to focus our efforts on advancing our operational efficiency," said Micron CEO Mark Durcan. "We have also made progress in securing the necessary approvals related to the Elpida acquisition and are optimistic we will be able to close the transaction in our fiscal fourth quarter ending August 29, 2013."
For earnings history and earnings-related data on Micron Technology, Inc. (MU) click here.
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