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Quinn Bolton of Needham asks whether the RFIC business reached a double-digit per quarter run rate or is still below that threshold. CEO Greg Waters said $IDTI is just about at tickling double digits in that business. The target was to achieve $70MM in three years and $IDTI is a little ahead of that in terms of how quickly it would achieve that.
Visa ($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.