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PRZOOM - /newswire/ -
Winston-Salem, NC, United States, 2012/01/10 - SmallCapReview.com, A leading site for news and information on small caps, penny stocks and microcaps is adding Cirrus Logic (CRUS) and Emulex (ELX) to its list of stocks "On the Radar".
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Cirrus Logic (CRUS) is a premier supplier of high-precision analog and digital signal processing components for audio and energy markets.Founded in 1984, Cirrus Logic excels at developing complex chip designs where feature integration and innovation is a premium. Cirrus Logic has more than 1,000 patents that are key to our more than 700 products serving more than 2,500 end customers globally, through both direct and distributor-based channel sales.
The company’s headquarters are in Austin, Texas, with offices in Tucson, Arizona, as well as international locations in Europe, China and Japan.
CRUS Investor Highlights
Announced estimated net revenue based on preliminary unaudited financial results for the third fiscal quarter, of approximately $122 million. Previously, the company anticipated revenue to be between $102 million and $108 million.
Announced revenue of $101.6 million for the 2nd quarter.
Ranked as one of 2011’s top 50 Best Small and Medium Work Places in America.
Emulex (ELX) is the leader in converged networking solutions, providing enterprise-class connectivity for servers, networks and storage devices within the data center. The Company's product portfolio of Fibre Channel host bus adapters, network interface cards, converged network adapters, controllers, embedded bridges and switches, and connectivity management software are proven, tested and trusted by the world's largest and most demanding IT environments.
Emulex solutions are used and offered by the industry's leading server and storage OEMs including, Cisco, Dell, EMC, Fujitsu, Hitachi, Hitachi Data Systems, HP, Huawei, IBM, NEC, NetApp and Oracle. Emulex is headquartered in Costa Mesa, Calif., and has offices and research facilities in North America, Asia and Europe.
ELX Investor Highlights
Announced preliminary 2nd quarter guidance if net revenues in the range of $127-$128 million exceeding the high end of guidance of $121-$127 million.
GAAP diluted earnings per share of $0.15-$0.16 compared to a GAAP loss per share of $0.08 in the first quarter of 2012.
Calendar year 2011 revenues of $481-$482 million, an increase of approximately 14 percent year-over-year growth.
Announced a new end user program - The Emulex Extra Program - a major initiative designed to support customers and partners in training and accrediting users working with Emulex solutions. Emulex Extra provides enhanced training (leading to Emulex Expert Certification) alongside additional support features and end user tools.
Announced that it now leads the market in 10Gb Ethernet (10GbE) port market share, with almost 35 percent share, and that it continues to lead the market in 10GbE LAN on Motherboard (LOM) revenue market share.
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