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VANCOUVER, British Columbia, August 31, 2012 /PRNewswire-Asia/ -- EarningForecast.com has issued consensus earnings forecast reports and Equity Research for the following companies: Ciena (NASDAQ:CIEN), Pandora Media (NYSE:P), First Solar (NASDAQ:FSLR), Apple (NASDAQ:AAPL), Pfizer (NYSE:PFE), and Cisco Systems (NASDAQ:CSCO).
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Report Highlights:
Ciena Corporation (NASDAQ:CIEN): On August 30, the network specialist Ciena Corporation (NASDAQ:CIEN) post its fiscal third quarter 2012 financial results. Ciena showed revenue was US$474.1 million for the fiscal third quarter 2012, increased 8.9% from revenue of US$435.3 million in the same quarter of fiscal 2011. On the basis of GAAP, net loss for the fiscal third quarter 2012 was US$29.8 million (or US$0.30 per common share), compared with a GAAP net loss of US$31.5 million (or US$0.33 per common share), a year earlier. By market close, shares of Ciena slumped US$3.26 (equivalent to -19.50%) to US$13.46. There were 33.21 million stock shares traded, which was 6.4 times more than average volume. Do you think Ciena will rebound soon? Investors could check Ciena earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/083112A/CIEN/Ciena.pdf
Pandora Media Inc. (NYSE:P): Shares of Pandora Media Inc. (NYSE:P) soared on Thursday after the company released its financial results for the second quarter of fiscal 2013. Pandora Media showed total revenue was US$101.27 million for the second quarter, compared with total revenue of US$66.97 million in the same quarter of fiscal 2012, an increase of 51%. Net loss for the latest quarter was US$1.81 million, dropped from net loss of US$5.42 million a year ago. Pandora Media now expects its revenue for the third quarter of fiscal 2013 to be in the range of US$115 million to US$118 million and revenue for full Year fiscal 2013 to be in the range of US$425 million to US$432 million. Pandora Media, an Internet radio in the United States, has a market capitalization of US$1.92 billion. By the end of Thursday's trading, Pandora Media trades have gone up 14.29% to US$11.52. Abnormal trading volume of Pandora Media was found reaching 40.60 million shares, 15 times heavier than usual day trading. Do you think now is a good time to buy or sell Pandora Media? See Pandora Media earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/083112A/P/PandoraMedia.pdf
First Solar, Inc. (NASDAQ:FSLR): The U.S. solar manufacturer First Solar, Inc. (NASDAQ:FSLR) recently stopped deliveries to the world's largest photovoltaic power plant which is built in Arizona, because construction is ahead of schedule and the company must slow down to meet contractual milestones. Fred Pech, the construction manager of the power plant, said that First Solar won't ship any modules until January, 2013 to the Agua Caliente project and won't install panels currently sitting on the ground at the site. First Solar delivered panels to the project "because it was more profitable," and the company's 2012 earnings will probably not be affected due to the shutdown, said Aaron Chew, an analyst at Maxim Group LLC in New York. The solar farm is expected to complete at the end of 2013 and is 85 percent built. At the close of the trading day, First Solar shares dropped US$4.53 (equivalent to -18.71%) to US$19.67 on hefty volume of 25.08 million shares, well above its usual volume of 7.10 million shares. Observing comprehensive analysis of First Solar could help investors avoid big lost in investment. Check FSLR earnings forecast report below.
Read Full Report: http://www.earningforecast.com/PR/083112A/FSLR/FirstSolar.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. Check out the consensus earnings forecast reports below:
Apple Inc. (NASDAQ:AAPL):
Read Full Report: http://www.earningforecast.com/PR/083112A/AAPL/Apple.pdf
Pfizer Inc. (NYSE:PFE):
Read Full Report: http://www.earningforecast.com/PR/083112A/PFE/Pfizer.pdf
Cisco Systems, Inc. (NASDAQ:CSCO):
Read Full Report: http://www.earningforecast.com/PR/083112A/CSCO/Cisco.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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