Xcerra Corporation Presents at 7th Annual CEO Investor Summit 2015, Jul-15-2015
Jul 6 15
Xcerra Corporation Presents at 7th Annual CEO Investor Summit 2015, Jul-15-2015 . Venue: W Hotel, San Francisco, California, United States.
Xcerra Corporation Revises Earnings Guidance for the Quarter Ending July 31, 2015
Jun 18 15
Xcerra Corporation revised earnings guidance for the quarter ending July 31, 2015. For the quarter, the company expects non-GAAP net income of $0.12 to $0.16 per share, up from prior guidance of $0.11 to $0.16 per share, and still in line with the consensus of $0.13 per share. Quarterly revenues are expected at between $101 million to $105 million, versus a prior guidance of $110 million to $115 million and below the $112.4 million consensus.
Xcerra Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended April 30, 2015; Provides Earnings Guidance for the Fourth Quarter Ending July 31, 2015
May 28 15
Xcerra Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended April 30, 2015. For the quarter, the company reported net sales of $103,643,000 compared to $105,424,000 for the same period a year ago. Income from operations was $5,738,000 compared to $719,000 a year ago. Income before provision for income taxes was $5,705,000 compared to loss of $49,000 a year ago. Net income was $4,738,000 or $0.09 per basic and diluted share compared to net loss of $200,000 or $0.00 per basic and diluted share a year ago. Non-GAAP net income was $5,714,000 or $0.10 basic and diluted per share compared to non –GAAP net income of $3,727,000 or $0.08 per basic and diluted share a year ago. EBITDA was $10.3 million.
For the nine months, the company reported net sales of $323,089,000 compared to $206,547,000 for the same period a year ago. Profit from operations was $20,477,000 compared to loss from operations of $15,632,000 a year ago. Profit before provision for income taxes was $24,023,000 compared to loss of $7,674,000 a year ago. Net profit was $20,730,000 or $0.38 per diluted share compared to net loss of $8,704,000 or $0.18 per diluted share a year ago. Non-GAAP net income was $22,990,000 or $0.42 per diluted share compared to non –GAAP net loss of $7,417,000 or $0.15 per diluted share a year ago.
For the fiscal quarter ending July 31, 2015 net sales are expected to be in the range of $110 million to $115 million. Non-GAAP net income for the quarter is expected to be in the range of $0.11 to $0.16 per share, assuming 55 million fully diluted shares outstanding. EBITDA approximately to be $13 million.
Nordic Semiconductor Selects Xcerra Corporation's Diamondx for IoT Device Testing
May 26 15
Xcerra Corporation announced that Nordic Semiconductor has selected the Diamondx from Xcerra's semiconductor tester group, LTX-Credence, for high volume production test of their Internet of Things products. Nordic will use the Diamondx in combination with NighthawkCT, an industry leading instrument for low cost RF test of connectivity devices.