Growing Customer Base, R&D Investments, and Portfolio Enhancement Accelerate Revenue Growth - Research Report on OmniVision

 Growing Customer Base, R&D Investments, and Portfolio Enhancement Accelerate
 Revenue Growth - Research Report on OmniVision Technologies, Splunk, Atmel,
                            IDT, and Perfect World

PR Newswire

NEW YORK, June 5, 2013

NEW YORK, June 5, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting
OmniVision Technologies, Inc. (NASDAQ: OVTI), Splunk Inc. (NASDAQ: SPLK),
Atmel Corporation (NASDAQ: ATML), Integrated Device Technology Inc. (NASDAQ:
IDTI), and Perfect World Co., Ltd. (ADR) (NASDAQ: PWRD). Today's readers may
access these reports free of charge - including full price targets, industry
analysis and analyst ratings - via the links below.

OmniVision Technologies, Inc. Research Report

On May 30, 2013, OmniVision Technologies, Inc. (OmniVision) reported financial
results for Q4 FY 2013 and full-year FY 2013 (period ended April 30, 2013).
For the quarter, the Company's revenues increased 53.9% YoY to $336.2 million.
GAAP net income was $8.9 million, or $0.17 per diluted share in Q4 FY 2013,
compared with $2.7 million, or $0.05 per diluted share in Q4 FY 2012. Revenues
for FY 2013 were $1.4 billion as compared to $897.7 million in FY 2012.
Commenting on the results, Shaw Hong, OmniVision's Chief Executive Officer,
said, "In fiscal 2013, we completed a record year both in terms of revenues
and unit shipments. We are proud to have exceeded a billion dollars in
revenues and would like to thank our suppliers, employees, and customers. We
believe that our reported results are beginning to validate our cost reduction
efforts, and we will strive further to improve our cost structure." The
Company expects revenues of $355 million to $390 million for Q1 FY 2014. The
Full Research Report on OmniVision Technologies, Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.wsreports.com/r/full_research_report/6db5_OVTI]

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Splunk Inc. Research Report

On May 30, 2013, Splunk Inc. (Splunk) announced results for Q1 FY 2014 (period
ended April 30, 2013). Total revenue increased 54% YoY to $57.2 million, while
license revenue increased 48% YoY to $36.2 million. The Company reported GAAP
operating loss of $15.7 million, or $0.16 per share. Commenting on the
results, Godfrey Sullivan, Splunk's Chairman and Chief Executive Officer said,
"We are off to a strong start in the first quarter and I'm pleased with our
new customer acquisition and financial performance." For Q1 FY 2014 (period
ending July 31, 2013), the Company expects total revenue to be between $61
million and $63 million. For full-year FY 2014, the Company has updated its
guidance and now expects total revenue to be between $266 million and $274
million. The Full Research Report on Splunk Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.wsreports.com/r/full_research_report/2cb2_SPLK]

--

Atmel Corporation Research Report

On May 22, 2013, Atmel Corporation, (Atmel) announced that Steve Skaggs has
been appointed as the Company's Senior Vice President and Chief Financial
Officer, with immediate effect. He had been serving as interim Chief Financial
Officer since April 2, 2013. He joined Atmel in 2010 after working at Lattice
Semiconductor, where he served as President and Chief Executive Officer and
also as Chief Financial Officer. Prior to Lattice, he was employed by Bain &
Company, an international strategic consulting firm, where he specialized in
high technology product strategy, mergers and acquisitions, and corporate
restructurings. The Full Research Report on Atmel Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.wsreports.com/r/full_research_report/3a1a_ATML]

--  

Integrated Device Technology Inc. Research Report

On May 29, 2013, Integrated Device Technology (IDT) announced that it has
signed a definitive agreement to divest its PCI Express (PCIe) enterprise
flash controller business and related PCIe intellectual property assets to
PMC-Sierra, Inc. Ted Tewksbury, IDT's President and Chief Executive Officer,
said, "The divestiture of our PCIe flash controller business enables IDT to
capitalize on our early investments in this disruptive technology. Going
forward, we will focus on our R&D investments on advanced timing, wireless
power, memory interface, and communications signal chain solutions. This
enhanced focus will accelerate operating margin expansion while sustaining
long-term revenue growth." The purchase consideration consists of
approximately $100 million in cash, subject to certain price adjustments. The
transaction, which is anticipated to close in Q3 2013, has received the
necessary board approvals, but will also be subject to applicable regulatory
and closing conditions. The Full Research Report on Integrated Device
Technology Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/2dc9_IDTI]

--

Perfect World Co., Ltd. (ADR) Research Report

On May 28, 2013, Perfect World Co., Ltd. (Perfect World) announced its
unaudited financial results for Q1 2013. Total revenues were RMB624.5 million
($100.6 million) as compared to RMB679.9 million in Q4 2012 and RMB718.5
million in Q1 2012. Net income attributable to the Company's shareholders was
RMB131.0 million ($21.1 million) compared to RMB86.4 million in Q4 2012 and
RMB209.8 million in Q1 2012. Commenting on the results, Robert Xiao, Perfect
World's Chief Executive Officer, said, "Our revenues in the first quarter of
2013 were in line with our expectations. During the quarter, we continued to
primarily focus on developing new content for our portfolio and pipeline and
slow down promotional activities. As we expected, the overall performance of
our existing games in the first quarter was softer, but we are pleased with
the recent progress we have made in our portfolio and pipeline development."
The Full Research Report on Perfect World Co., Ltd. (ADR) - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.wsreports.com/r/full_research_report/1b89_PWRD]

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