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Last $67.80 USD
Change Today -0.34 / -0.50%
Volume 1.0M
CAVM On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

cavium inc (CAVM) Snapshot

Open
$67.70
Previous Close
$68.14
Day High
$71.59
Day Low
$67.01
52 Week High
06/19/15 - $77.42
52 Week Low
10/14/14 - $38.73
Market Cap
3.7B
Average Volume 10 Days
953.4K
EPS TTM
$-0.42
Shares Outstanding
55.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CAVIUM INC (CAVM)

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cavium inc (CAVM) Details

Cavium, Inc. designs, develops, and markets semiconductor processors for intelligent and secure networks in United States and internationally. It offers integrated semiconductor processors for wired and wireless networking, communications, storage, cloud, wireless, security, video, and connected home and office applications. The company’s products also include a suite of embedded security protocols that enable unified threat management, secure connectivity, network perimeter protection, and deep packet inspection. In addition, it provides commercial grade embedded Linux operating systems, development tools, application software stacks, support and services. The company offers its products under the OCTEON, OCTEON Plus, OCTEON Fusion, OCTEON XLTM, LiquidIO, NITROX, NEURON Search, and PureVu trademarks. Cavium, Inc. sells its products to providers of networking, wireless, storage, and consumer electronic equipment directly or through contract manufacturing organizations and distributors. The company was founded in 2000 and is headquartered in San Jose, California.

936 Employees
Last Reported Date: 03/2/15
Founded in 2000

cavium inc (CAVM) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $375.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: $300.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $285.0K
Corporate Vice President of IC Engineering
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2014.

cavium inc (CAVM) Key Developments

Cavium, Inc. Reports Unaudited Consolidated Financial Results for the Second Quarter Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015, Tax Rate Guidance for the Fourth Quarter of 2015 and Full Year 2016

Cavium, Inc. reported unaudited consolidated financial results for the second quarter ended June 30, 2015. For the quarter, revenue was $104.961 million against $101.778 million for the period ended March 31, 2015. Loss from operations was $5.273 million against $13.114 for the period ended March 31, 2015. Loss before income taxes was $5.694 million against $13.59 million for the period ended March 31, 2015. Net loss was $6.355 million or $0.11 per basic and diluted share against $13.891 million or $0.25 per basic and diluted share for the period ended March 31, 2015. Non-GAAP income from operations was $24.183 million against $23.351 million for the period ended March 31, 2015. Non-GAAP net income was $24.245 million or $0.41 per diluted share against net income of $23.698 million or $0.40 per diluted share for the period ended March 31, 2015. Non-GAAP results exclude $30.6 million in non-GAAP adjustments, comprised of $12.5 million in employee stock-based compensation expense and $12.5 million in Xpliant-related expenses, $3.1 million in amortization acquisition-related assets and a $2.4 million onetime charge for discontinued masks. Excluding Xpliant, the company generated $25.4 million in positive cash flow from operations. For the third quarter of 2015, the company expects income tax to be about 2%. The company expects non-GAAP EPS will be between $0.37 and $0.39 per share. The company expects sequential sales growth in the enterprise and data center markets but decreased sales into access and service provider markets. As a result, total revenue will be essentially flat with second quarter at $105 million, plus or minus $1 million. The company expects gross margins will decline between 20 and 40 basis points due to changes in projected product mix, partially offset by continued product cost reductions. And at the midpoint, this would put non-GAAP gross margins at approximately 66.5%. For the fourth quarter of 2015, the company expects income tax to be about 2%. For 2016, the company expects tax rate will increase to approximately 10% of non-GAAP income.

Cavium, Inc. Unveils 100 Gbps NITROX® V Security Processor Family

Cavium, Inc. unveiled NITROX V security processors & adapters. The newest members of the NITROX family deliver unprecedented performance for security in the enterprise and virtualized cloud data centers. The NITROX V security processor family integrates up to 288 purpose-built security cores with high performance compression engines and virtualization hardware with PCI-Express Gen 3 and Interlaken interfaces. NITROX V family fortifies company's position in the security processor market as this family provides 3- 10 times greater performance than alternative solutions within the same power envelope. The NITROX product line is the security processor family designed into cloud data center servers and networking equipment, enterprise and service provider equipment including servers, Application Delivery Controllers, UTM Gateways WAN Optimization Appliances, routers, and switches. There are several trends driving the need for high performance and new crypto and compression functionality in Data Centers. Customer applications running in VMs in the virtualized cloud data center need data traffic flowing to and from their VMs to be encrypted. This east-west traffic flow drives high performance symmetric encryption bandwidth requirements for protocols such as IPsec. At the same time, asymmetric cryptographic performance requirements are exploding as well driven by the need for SaaS providers such as search engines, email services and social networking services to encrypt all customer data they receive over the internet using SSL and new crypto schemes such as Perfect Forward Secrecy (PFS). Most of the SSL transactions use 2048 bit RSA key operations but given the massive growth in mobile clients, the need for high bandwidth Elliptic Curve Cryptography (ECC) is rapidly increasing. Another major trend is the need for high performance data compression with excellent compression ratios for data center traffic. This widespread adoption of encryption (SSL or IPsec), new crypto schemes and compression is significantly changing the performance and functionality requirements in a data center and is driving the need for a new security and compression processor. The NITROX V Security Processor family with its combination of performance, features and interfaces, provides an excellent solution to the data center security and compression challenges. The NITROX V Security Processor family delivers unmatched SSL performance with 120K RSA Ops/Sec and 300K P256 ECC Ops/sec and bulk encryption performance of 100 Gbps for a variety of different protocols, flexibility to support emerging algorithms and protocols, latest IOs, virtualization features, compression performance and very low power consumption, enabling Cavium's cloud provider and OEM customers to deliver breakthrough next generation solutions which address these critical requirements, in an optimized, energy efficient manner. The single-chip NITROX V processors do not require external memory enabling lower cost, power and real-estate. Feature highlights: Up to 288 RISC Security Cores – Support up to 100Gbps of security performance simultaneously with 120K RSA Ops/sec for 2048 bit keys or 300K P256 ECC Multiply Ops/sec. Compression Engines - Enhanced Compression/decompression acceleration – 100 Gbps. Support for GZIP, PKZIP, Inflate and Deflate algorithms. Also includes support for LZS Compression that is widely used for Storage applications. High bandwidth IO – Supports 100 Gbps of traffic. PCI-Express Gen3 x8 and Interlaken x8 interfaces. Virtualization support – Single Root IO Virtualization (SR-IOV) feature with up to 256 Virtual Function support. Latest security features – Supports a wide variety of protocols including IPsec, SSL, TLS 1.x, DTLS and ECC Suite B. Also supports a wide variety of algorithms including several variants of AES, 3DES, SHA-2, SHA-3, RSA 2048, RSA 4096, RSA 8192, ECC p256/p384/p521, Kasumi, ZUC and SNOW 3G.

Cavium, Inc. Announces Collaboration with Mellanox Technologies, Ltd. to Deliver InfiniBand connectivity

Cavium, Inc. has announced the collaboration with Mellanox Technologies, to deliver InfiniBand connectivity for Cavium's ThunderX processor family. The ThunderX product family is designed for intensive scale-out workloads such as molecular dynamics, big data, and large-scale graph analytics, providing best-in-class ARMv8 performance with 48 custom cores, single and dual socket support, high memory bandwidth and capacity, and integrated hardware accelerators. Mellanox InfiniBand adapters provide very high bandwidth and ultra-low latency interconnect for ThunderX based servers utilized in high performance computing clusters.

 

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CAVM

Industry Average

Valuation CAVM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 9.3x
Price/Book 11.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 8.9x
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