Income – Trading Ichimoku

Netgear just reported the following

–First Quarter 2010 Financial Highlights: – Net revenue of $211.6 million, compared to $152.0 million in the comparable prior year quarter, 39% year-over-year growth – Non-GAAP net income of $17.1 million, compared to net income of $1.4 million in the comparable prior year quarter – Non-GAAP diluted earnings per share of $0.48, compared to diluted earnings per share of $0.04 in the comparable prior year quarter – Company expects second quarter 2010 net revenue to be in the range of $190 million to $200 million, with non-GAAP operating margin in the range of 11% to 12%
Source : MarketWatch

From the Ichimoku chart, we can see how it has breakout a few times and go higher.

Noticed how it hit the kumo and bounces off especially when the kumo support is fairly thick?

a payday loan

3PAR just released thier 4Q and full year results on Monday.

Some key points:

– Revenue for the fiscal year ended March 31, 2009 was $184.7 million, an increase of 57% from $118.0 million reported in the prior year

– GAAP net loss for the full fiscal year 2009 was $959,000, or $(0.02) per share, compared to a net loss of $10.1 million, or ($0.30) per share in 2008.

– Non-GAAP net income for the full fiscal year 2009 was $5.7 million, or $0.09 per share, compared to a non-GAAP net loss of $6.5 million, or ($0.19) per share in fiscal 2008.

What I like about it is there is the increase in revenue from Â 35,467 (2008) to 48,462 (2009) without a significant increase in cost of revenue.

However, yesterday (May 5), 3PAR also has some SEC filings. Among the filings include the resignation of James L. Dawson and appointment of RJ Weigel for their VP of Worldwide Sales.

This is something that I always keep a lookout for constantly. In my opinion, any technology company that wants to have dramatic growth will need to have in place good sales channel (either direct or indirect) outside of US.

At this moment, I am still not hearing much news on successful sales in other parts of the world. Maybe, I am just not paying enough attention. But, worldwide sales is an area which I use to confirm if 3PAR is being accepted globally as a leader in their respective segment.

Article can be accessed here:

http://ir.3par.com/phoenix.zhtml?c=214779&p=irol-newsArticle&ID=1284527&highlight=