Technology Sector Announces Earnings Results and Upcoming Financial Results Schedules - Research Report on Dolby, Stratasys,

 Technology Sector Announces Earnings Results and Upcoming Financial Results
   Schedules - Research Report on Dolby, Stratasys, Encore Wire, Hutchinson
                            Technology, and Wipro

PR Newswire

NEW YORK, July 31, 2013

NEW YORK, July 31, 2013 /PRNewswire/ --

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

Today, Investors' Reports announced new research reports highlighting Dolby
Laboratories, Inc. (NYSE: DLB), Stratasys Inc. (NASDAQ: SSYS), Encore Wire
Corp. (NASDAQ: WIRE), Hutchinson Technology Inc. (NASDAQ: HTCH), and Wipro
Ltd. (NYSE: WIT). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Dolby Laboratories, Inc. Research Report

On July 25, 2013, Dolby Laboratories, Inc. (Dolby) reported its financial
results for Q3 FY 2013 (period ended June 28, 2013). Revenue decreased 1.5%
YoY to $207.1 million. Q3 FY 2013 GAAP net income attributable to Dolby was
$30.2 million or $0.29 per diluted share, compared to $51.5 million or $0.48
per diluted share in Q3 FY 2012. Commenting on the results, Kevin Yeaman,
President and CEO of Dolby, said, "Licensing revenue increased year over year,
with growth in our mobile and broadcast businesses offsetting weaker demand
for PCs and consumer electronics this quarter. While the current
consumer-spending environment is weak, we continue to make solid progress on
our long-term growth initiatives." For Q4 FY 2013, the Company anticipates
total revenue of $205 million to $215 million. The Full Research Report on
Dolby Laboratories, Inc. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-29/DLB]

Stratasys Inc. Research Report

On July 24, 2013, Stratasys Inc. (Stratasys) announced that the Company has
scheduled to release its Q2 2013 financial results on August 8, 2013. In lieu
of the release, Stratasys will hold a conference call on the same day at 8:30
a.m. ET. As stated by Stratasys, a webcast of the conference call will be
available through the Investor tab of the Company's website. Also an archived
version of the conference call will be available for 90 days on the Investors
page of Stratasys' website. The Full Research Report on Stratasys Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-29/SSYS]

Encore Wire Corp. Research Report

On July 25, 2013 Encore Wire Corp. (Encore Wire) reported its financial
results for Q2 2013. Revenue increased 9.4% YoY to $289.5 million. Net income
was $15.5 million or $0.75 per diluted share, compared to net income of $2.4
million or $0.11 per diluted share in Q2 2012. Commenting on the results,
Daniel L. Jones, President and CEO of Encore Wire, said, "The second quarter
of this year was encouraging to us from both a volume and margin perspective.
Unit volumes were up in all building wire products. We believe our expansion
of product offerings over the last several years to our existing customer base
has been critical to maintaining and perhaps boosting our market share, as our
capital expenditures help to drive increased sales." The Full Research Report
on Encore Wire Corp. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-29/WIRE]

Hutchinson Technology Inc. Research Report

On July 25, 2013, Hutchinson Technology Inc. (Hutchinson Technology) reported
its financial results for Q3 FY 2013 (period ended June 30, 2013). Revenue
increased 0.5% YoY to $61.3 million. Net loss was $15.9 million or $0.59 per
diluted share in Q2 FY 2013, compared to net loss $13.9 million or $0.59 per
diluted share in Q2 FY 2012. Commenting on the results, President and CEO of
Hutchinson Technology, Rick Penn, said, "We expect to be back on the path to
improved financial performance in our fiscal fourth quarter. As part of our
ongoing effort to be the industry's lowest cost producer of suspension
assemblies, we will continue to reduce our costs by improving our
manufacturing efficiency, transitioning more assembly production to Thailand
and continuing to consolidate our U.S. operations." The Full Research Report
on Hutchinson Technology Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-29/HTCH]

Wipro Ltd. Research Report

On July 26, 2013, Wipro Ltd. (Wipro) reported its financial results for Q1 FY
2014 (period ended June 30, 2013). Revenue from continuing operations
increased 5% YoY to INR97.4 billion ($1.6 billion). Net income from continuing
operations attributable to the Equity holders of the Company was INR16.2
billion ($273 million) or INR6.60 per diluted share, compared to net income of
INR14.6 billion or INR5.96 per diluted share in Q1 FY 2013. Commenting on the
results, Azim Premji, Chairman of Wipro, said, "We are seeing higher
confidence among our clients on the backdrop of positive macroeconomic
developments, particularly in the US." For Q2 FY 2014, the Company expects
revenues from the IT Services business to be in the range of $1,620 million to
$1,650 million. The Full Research Report on Wipro Ltd. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investorsreports.com/report/2013-07-29/WIT]

EDITOR NOTES:

1.This is not company news. We are an independent source and our views do
    not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
    basis and reviewed by a CFA. However, we are only human and are prone to
    making mistakes. If you notice any errors or omissions, please notify us
    below.
3.This information is submitted as a net-positive to companies mentioned, to
    increase awareness for mentioned companies to our subscriber base and the
    investing public.
4.If you wish to have your company covered in more detail by our team, or
    wish to learn more about our services, please contact us at
    pubco@EquityNewsNetwork.com.
5.For any urgent concerns or inquiries, please contact us at
    compliance@EquityNewsNetwork.com.
6.Are you a public company? Would you like to see similar coverage on your
    company? Send us a full investors' package to
    research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider has, through Chartered Financial
Analysts, only reviewed the information provided by Equity News Network in
this article or report according to the Procedures outlined by Equity News
Network. Equity News Network is not entitled to veto or interfere in the
application of such procedures by the outsourced provider to the articles,
documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.

SOURCE Investors' Reports

Contact: CONTACT PERSON: Kristi Saunders - CONTACT PHONE: +1-315-982-6420
(North America)
 
Press spacebar to pause and continue. Press esc to stop.