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$SNDK 2Q15 Call: 2015 revenue is expected to be in the range of $5.4Bil to $5.7Bil. Expect the majority of the sequential 2H15 revenue growth to come from mobile embedded products. 3Q15 revenue is expected to be in the range of $1.35Bil to $1.45Bil. 2015 cash usage for capital investments expected to be approx. $500MM with $190MM used in 1H15.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.