CommVault Announces Third Quarter Fiscal 2013 Financial Results

Record Revenue of $128.1 million, up 24% Year-Over-Year
GAAP EBIT of $20.2 million; GAAP EPS of $0.25
Record Non-GAAP EBIT of $29.8 million; Record Non-GAAP EPS of $0.39

CommVault (CVLT) announced today its financial results for the third quarter ended December 31, 2012. 

N. Robert Hammer, CommVault's chairman, president and CEO stated, "We achieved excellent third quarter financial performance which was highlighted by record results in quarterly revenues of $128.1 million, non-GAAP operating income of $29.8 million and non-GAAP EPS of $0.39.

Sierra Wireless Enters into Agreement to Sell Assets of AirCard® Business to NETGEAR

Expected net cash proceeds of approximately $100 million USD
Transaction enables Sierra Wireless to accelerate growth of machine-to-machine (M2M) business
Company provides preliminary fourth quarter and full year 2012 financial highlights

Sierra Wireless, Inc. (SWIR) (SW.TO) today announced it has executed a definitive agreement for the sale of substantially all of the assets and operations related to its AirCard® business to NETGEAR®, Inc. (NTGR) for $138 million in cash plus approximately $6.5 million in assumed liabilities as of December 31, 2012.

EFI Reports Fourth Quarter and Full Year 2012 Results

• Q4 2012 Revenue Increases 7% to a Record $174 Million
• FY 2012 Revenue Increases 10% to a Record $652 Million
• Third Consecutive Year of Double-Digit Growth

Electronics For Imaging, Inc. (EFII), a world leader in customer-focused digital printing innovation, today announced its results for the fourth quarter and full year of 2012.

For the quarter ended December 31, 2012, the Company reported record revenue of $174.1 million, up 7% compared to fourth quarter 2011 revenue of $163.1 million. Fourth quarter 2012 non-GAAP net income was $19.8 million or $0.42 per diluted share compared to non-GAAP net income of $16.6 million or $0.36 per diluted share for the same period in 2011, up 19% and 17%, respectively.

Synaptics Reports Second Quarter Fiscal 2013 Results

- Revenue up 13% sequentially, driven by strength of mobile products
- Repurchased 3.5% of shares outstanding

Synaptics (SYNA), a leading developer of human interface solutions, today reported financial results for its second quarter ended December 31, 2012. 

Net revenue for the second quarter of fiscal 2013 was $143.0 million compared with $145.5 million for the comparable quarter last year.  Net income for the second quarter of fiscal 2013 was $11.1 million, or $0.33 per diluted share, compared with net income of $17.4 million, or $0.51 per diluted share, for the comparable quarter last year.