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$RMBS' 2Q16 memory and interface revenue was flat, security revenue grew 39%, and lighting and display technology revenue fell 12.5% YoverY. Security revenue growth was partly due to the Bell ID and Ecebs acquisitions in 1Q16. $RMBS announced that Dish TV India will be using its CryptoMedia platform for secure content distribution.
Visa ($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.