Semtech Corporation is a leading supplier of high-quality analog and mixed-signal semiconductor products. We are dedicated to providing you with proprietary solutions and breakthrough technology in power management, circuit protection, timing and synchronization, touch interface, high-performance optical transport equipment (SerDes), high-reliability military products, low-power wireless RF, and digital sensor/signal conditioning ICs. Our products are used in some of the most innovative systems and in some of the fastest growing markets in the industry. These markets include Smartphones, LCD TVs, Notebook Computers, Wireless LAN Modems, Automatic Meter Reading, Ultra-Low Power Medical, Satellite Communication, Cellular Infrastructure, Optical Transport and Datacenters.
Semtech Corp. (Nasdaq:SMTC), a leading supplier of analog and mixed-signal semiconductors, reported unaudited financial results for its second quarter of fiscal year 2012, which ended July 31, 2011. The company also announced that its Board of Directors approved increasing the existing stock repurchase authorization by $36 million. Prior to the increase, the company had $14 million remaining in the authorization implemented in March 2008.
Net revenue for the second quarter of fiscal year 2012 was $130.3 million, up 15.0 percent from the second quarter of fiscal year 2011 and up 6.4 percent from the first quarter of fiscal year 2012.
Net income for the second quarter of fiscal year 2012, computed in accordance with U.S. generally accepted accounting principles (GAAP), was $27.1 million or 40 cents per diluted share. This compares to GAAP net income of $19.7 million or 31 cents per diluted share in the second quarter of fiscal year 2011 and GAAP net income of $22.6 million or 34 cents per diluted share in the first quarter of fiscal year 2012.
GAAP gross profit margin for the second quarter of fiscal year 2012 was 60.4 percent compared to 59.6 percent in the second quarter of fiscal year 2011 and 60.4 percent in the first quarter of fiscal year 2012.
More about SMTC at www.semtech.com.
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Crown Equity Holdings Inc., (CRWE)
Crown Equity Holdings Inc. offers marketing video production services. Its creative team works together to develop the finest in marketing video production services for each of their clients. Its staff will learn every aspect of business or product, formulate a message, and then create a video production concept to get it out into the world.
The primary motive of any business is to increase sales and earn profits. Whether it is an online business or an offline business, the motive remains the same. If one strategy doesn't work, another strategy might have a better chance of succeeding. Video marketing is one of the newest strategies in the online business world.
Video marketing is different from most other marketing techniques used on the web, such as content writing, pay per click marketing. It is a completely new phenomenon that marketers are running after to boost traffic to their pages, to increase sales, and of course, to have huge profit margins.
With video marketing, companies make short clippings of their product or service, and post them on multiple video sharing sites. This helps to bring product awareness to the market.
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.".
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
For more information visit their web site; http://www.crownequityholdings.com/
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Amyris Biotechnologies Inc. (Nasdaq:AMRS) announced it has signed a multi-year supply agreement for several hundred tons of Amyris renewable squalane with Nikko Chemicals Co., Ltd. for distribution in the Japanese market.
Amyris, Inc., an integrated renewable products company, offers renewable compounds for a variety of markets.
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Citi Trends (Nasdaq:CTRN) reported results for the second quarter of fiscal 2011. Total sales in the second quarter ended July 30, 2011 increased 0.9% to $130.2 million compared with $129.0 million in the second quarter ended July 31, 2010. Comparable store sales decreased 11.9% in this year's second quarter.
Citi Trends, Inc. operates as a retailer of urban fashion apparel and accessories in the United States. Its merchandise includes sportswear, dresses, outerwear, footwear, and intimate apparel and accessories, as well as an assortment of home decor items.
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Synthesis Energy Systems, Inc (Nasdaq:SYMX) announced the successful completion of a 5-day long commercial demonstration test at SES' Zaozhuang joint venture plant in Shandong Province, China where it gasified low quality high ash coal on behalf of Yankuang Yishan Chemical Industry Company ("YYCC"). The demonstration test was completed successfully and included operations at full load and part load and the syngas produced during the test met all production performance specifications, including high carbon conversion efficiency.
Synthesis Energy Systems, Inc. (SES) operates as a global energy and gasification technology company that provides products and solutions to the energy and chemicals industries.
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