OmniVision Reports Financial Results For the Fourth Quarter of Fiscal 2015

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Needham & Company Downgrades OmniVision Technologies (OVTI) to Hold on Pending Takeout

May 29, 2015 2:01 PM EDT

Needham & Company downgraded OmniVision Technologies (NASDAQ: OVTI) from Buy to Hold.

Analyst Rajvindra Gill commented, "OVTI reported strong results in the April quarter and offered significantly better than expected guidance for the July quarter. The company continues to execute on its cost cutting... More

Wedbush Raises Price Target on Omnivision Technologies (OVTI) Following FQ4 Results

May 29, 2015 8:31 AM EDT

Wedbush maintains a Neutral rating on OmniVision Technologies (NASDAQ: OVTI), and raised the price target to $29.00 (from $27.00), following FQ4. Pro forma EPS of $0.22 was slightly above Street expectations of $0.21. Revenue of $285.9MM was also above expectations of $280MM.

Analyst Betsy Hees... More

Omnivision Technologies (OVTI) Tops Q4 EPS by 1c; Guides Q1 Revenue Ahead of Views

May 28, 2015 4:20 PM EDT

Omnivision Technologies (NASDAQ: OVTI) reported Q4 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $285.9 million versus the consensus estimate of $279.08 million.

Omnivision Technologies sees Q1 2016 EPS of $0.32-$0.48, versus the consensus of $0.33. Omnivision Technologies sees Q1 2016... More