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PULS: Merged with OCM PE Merger Sub, Inc.; $1.50 per share. FINRA deleted symbol.
http://otce.finra.org/DailyList
$PULS recent news/filings
bullish
quick trade
## source: finance.yahoo.com
Fri, 03 Apr 2015 22:47:00 GMT ~ Lifshitz & Miller Law Firm Announces Investigation of Appliance Recycling Centers of America, Inc., Bridge Capital Holdings, Integrated Silicon Solution, Inc., Life Time Fitness, Inc., Pulse Electronics Corporation, RTI International Metals
[PR Newswire] - NEW YORK, April 3, 2015 /PRNewswire/ -- Appliance Recycling Centers of America, Inc. (ARCI) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties by the board of ARCI. ...
read full: http://finance.yahoo.com/news/lifshitz-miller-law-firm-announces-224700470.html
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Fri, 03 Apr 2015 17:40:10 GMT ~ PULSE ELECTRONICS CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial
read full: http://biz.yahoo.com/e/150403/puls8-k.html
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Thu, 26 Mar 2015 17:04:19 GMT ~ PULSE ELECTRONICS CORP Financials
read full: http://finance.yahoo.com/q/is?s=puls
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Fri, 20 Mar 2015 13:55:27 GMT ~ PULSE ELECTRONICS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
read full: http://biz.yahoo.com/e/150320/puls8-k.html
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Fri, 20 Mar 2015 12:00:00 GMT ~ Pulse Electronics Corporation Reports Fourth Quarter Results
[Business Wire] - Pulse Electronics Corporation , a leading provider of electronic components, today reported results for its fourth quarter ended December 26, 2014.
read full: http://finance.yahoo.com/news/pulse-electronics-corporation-reports-fourth-120000391.html
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$PULS charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$PULS company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/PULS/company-info
Ticker: $PULS
OTC Market Place: OTC Pink Current
CIK code: 0000096763
Company name: Pulse Electronics Corp.
Company website: http://www.pulseelectronics.com
Incorporated In: PA, USA
Business Description: Pulse Electronics Corporation is a global producer of precision-engineered electronic components and modules.
$PULS share structure
## source: otcmarkets.com
Market Value: $27,435,968 a/o Apr 02, 2015
Shares Outstanding: 17,475,139 a/o Dec 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.125
$PULS extra dd links
Company name: Pulse Electronics Corp.
Company website: http://www.pulseelectronics.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/PULS/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/PULS/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=PULS+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=PULS+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=PULS+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/PULS/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/PULS/news - http://finance.yahoo.com/q/h?s=PULS+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/PULS/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/PULS/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/PULS/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/PULS/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/PULS/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/PULS/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/PULS/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/PULS/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=PULS+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/PULS
DTCC (dtcc.com): http://search2.dtcc.com/?q=Pulse+Electronics+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Pulse+Electronics+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Pulse+Electronics+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.pulseelectronics.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.pulseelectronics.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.pulseelectronics.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/PULS/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/PULS
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/PULS/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/PULS/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/PULS/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000096763&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/PULS/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/PULS/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/PULS/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/PULS/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=PULS&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=PULS
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/PULS/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=PULS+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=PULS+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=PULS
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=PULS
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=PULS+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/PULS/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=PULS+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/PULS.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=PULS
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/PULS/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/PULS/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/PULS/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/PULS/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/PULS
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/PULS
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/PULS:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=PULS
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=PULS
$PULS DD Notes ~ http://www.ddnotesmaker.com/PULS
PULS delisted from NYSE to OTC, and terminated registration:
http://www.otcbb.com/asp/dailylist_detail.asp?d=10/16/2014&mkt_ctg=NON-OTCBB
so what board is d and where can they do less reporting. even down to the pinks, they have to report. how much does listing cost...man I never realized it was so much more than full reporting otcbb.
Speculation and future news will send this flying imo.
PULS
Maybe the rumor started when someone got their hands on one of the phones. There are people out there who got a phone today. Like.......Close up look of iPhone Six
Rumor seems very plausible from what i've seen. Gonna do some more work on this one tonight.
yum,,, more speculation and rumor!!
PULS
"Each new iPhone will come with a "secure element" chip and a near-field communications, or NFC, antenna."
I took this quote from an article on Yahoo. If PULS is indeed the manufacturer and they put an antenna in every iPhone Six then this is a game changer. I remember when SWKS was a $5 stock until they announced they were going to provide components for the iPHone now it's $55.
just crazy the spike today thought..why today and not sooner...seems like if there is some rumor..its gotta be pretty strong..but where is the rumor being talked about?...who saw what?..or thinks they did..?
Im searching NFC antennas on Google, and the only manufacturer i've found so far is PULS
yeah that is rather interesting..i will admit..
Good catch but also, notice how instead of stating that they are unaware of material events they decide not to comment. Hmmmmmm
they used the same thing at the bottom of a July pr as well though..
About Pulse Electronics
Pulse Electronics is a leading electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas, and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The Company serves the wireless and wireline communications, power management, military/aerospace, and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, NFC Forum, MoCA, and IWPC. Visit the Pulse Electronics website at www.pulseelectronics.com.
You are correct IMO. bought a few thousand on rumor.
Phone is released Sept. 19th
hmm we shall see..why are the rumors running so rampant right now?..when does the phone actually release?
imho
mj
Of course they have no comment! I wouldn't comment either until an official PR can be released
They just issued a press release and said they have no comment on why the stock price jumped but they did mention what they are about. Here is what they said.
"Pulse Electronics is a leading electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The company serves the wireless and wireline communications, power management, military/aerospace and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com."
Now if you go to their investors relations page and read their about us section you'll notice that the wording is very different from what was posted in the pr they just released. Seems like they gave out a hint and the rumor may be true, imo.
I thought it was funny that they
Thats is new. and is just out because the stock is going up. but what caused it to go up, is the question
Rumor that PULS antennas are used on the new iPhones6...parabolic trading...possible $12 target here...
Apple rumor
"Pulse Electronics Shares Spike Higher; Note Being Passed Around Mentions they Make Antenna for NXP Used in Apple Pay (Benzinga)"
Pulse Electronics (thinly traded) announces convertible note exchange transactions; increases size of Board to 9 members
1:34 PM ET 2/21/14 | Briefing.com
Co announced it has reached agreements with the holders of approximately $20.7 million of the company's $22.3 million outstanding 7% convertible senior notes due 2014 to exchange their notes for various combinations of the company's existing Term B Loan, newly issued common stock, and cash. The exchange transactions will reduce the company's outstanding debt and the amount of cash required for debt service and will extend the maturity of the exchanged debt beyond 2014, allowing the company to further focus on its long term strategy and the execution of its business plans. The company has also reached agreement with certain affiliates of investment funds managed by Oaktree Capital Management L.P., to convert all its holdings of the company's Series A preferred stock to common stock immediately in connection with the closing of the exchange transactions.
In relation to Oaktree's increased common stock ownership, the company agreed to increase the size of its board of directors from seven to nine members and to appoint three Oaktree designees to the board upon closing of the transactions.
Pulse Electronics Corporation Announces Convertible Note Exchange Transactions
Feb 21, 2014 13:25:00 (ET)
Reduces Debt, Extends Maturity, and Clarifies Capital Structure; Allows Company to Focus on Long Term Strategy
SAN DIEGO--(BUSINESS WIRE)--February 21, 2014--
Pulse Electronics Corporation (NYSE:PULS), a leading provider of electronic components, today announced it has reached agreements with the holders of approximately $20.7 million of the company's $22.3 million outstanding 7% convertible senior notes due 2014 to exchange their notes for various combinations of the company's existing Term B Loan, newly issued common stock, and cash. The exchange transactions will reduce the company's outstanding debt and the amount of cash required for debt service and will extend the maturity of the exchanged debt beyond 2014, allowing the company to further focus on its long term strategy and the execution of its business plans.
The company has also reached agreement with certain affiliates of investment funds managed by Oaktree Capital Management L.P. ("Oaktree"), to convert all its holdings of the company's Series A preferred stock to common stock immediately in connection with the closing of the exchange transactions.
In relation to Oaktree's increased common stock ownership, the company agreed to increase the size of its board of directors from seven to nine members and to appoint three Oaktree designees to the board upon closing of the transactions.
"I am very pleased that the noteholders have accepted Pulse's exchange offers," said Pulse Chairman and Chief Executive Officer Ralph Faison. "We believe these exchange transactions represent the best possible outcome for all stakeholders and put our immediate financing issues behind us, allowing Pulse to look to the future as we build on our operational improvements and focus on opportunities to grow our business.
"The exchange transactions immediately reduce our debt by nearly $5 million and extend the maturity of the exchanged debt to 2017," Mr. Faison continued. "We achieved this with significantly less dilution of our existing shareholders than we originally illustrated, and they will retain a significantly greater share of total equity than the maximum dilution that was contemplated at the original refinancing in 2012. Further, the transactions enable Oaktree to convert their preferred stock into common stock at the ratio we envisioned in 2012, which we believe will clarify the ultimate capital structure of the company.
"We welcome the new members designated by Oaktree to our board of directors," said Mr. Faison. "Oaktree's representation provides a direct linkage between the company and its largest shareholder, and we look forward to the expertise they will bring to the pursuit of the company's objectives."
The company also reported that it expects its fourth quarter revenue and non-GAAP operating profit results to be consistent with the outlook provided in November 2013, subject to normal year-end audit and related activities currently in process.
The Exchange Transactions
The company reached individual agreements with the holders of over 90% of its 7% convertible senior notes through independent negotiations. The company believes the pursuit of separate agreements allowed for greater flexibility in the types of consideration offered and a higher likelihood of success than could have been achieved through a single public exchange offer. In aggregate, the company will issue approximately $14.9 million of new debt under its existing Term B Loan and 1.1 million shares of its common stock and pay $2.1 million in cash for approximately $20.7 million of the outstanding $22.3 million of convertible senior notes.
The new Term B Loans will have the same terms as the Term B Loans issued in the company's refinancing transaction with Oaktree in November 2012. The interest rate is 10% per annum and, at the company's election, is payable-in-kind through November 20, 2015. The Term B Loans mature on November 20, 2017, and are secured by a first priority lien on the shares and assets of certain domestic and international subsidiaries. It is non-amortizing and may be prepaid without any penalty; however the Term B Loans may not be repaid until the existing Term A Loans issued in the 2012 refinancing are paid in full.
In connection with the exchange transactions, Oaktree has agreed, among other things, to modifications of certain financial covenants of the secured term loans through maturity, which the company believes will allow greater flexibility to execute its long-term strategy. In consideration for such covenant modification and other amendments and waivers to the credit agreement, the company will pay Oaktree an amendment payment of 1.5% of amounts outstanding under the facility prior to the exchange transactions, which will be capitalized and added to the principal of the outstanding Term A Loans and Term B Loans held by Oaktree on a pro rata basis.
Also in connection with the closing of the exchange transactions, Oaktree has agreed to convert the 1,000 shares of Series A preferred stock held by it into approximately 8.2 million additional shares of Pulse common stock as prescribed by the Investment Agreement signed in November 2012 as amended. Following conversion of the Series A preferred stock, Oaktree will own approximately 68.7% of the outstanding common stock of the company (not including common stock and common stock equivalents acquired by Oaktree prior to the transactions contemplated by the Investment Agreement that closed in November 2012).
Board of Directors Expansion
In connection with the exchange transactions, the company also has agreed to appoint three of Oaktree's designees to the company's board of directors and to expand the current number of directors of the board from seven to nine. The Oaktree designees as of the closing of the exchange transactions shall be Michael Kreger, Ken Liang and Kaj Vazales. The company has also agreed that, in connection with any meeting of its shareholders at which directors are to be elected, Oaktree shall have the right to designate individuals to the company's slate of director nominees in proportion to its equity ownership of the company. So long as Oaktree beneficially owns a majority of the outstanding common stock it will have the right to designate no less than a majority of the individuals comprising the members of such slate.
To facilitate the board reconfiguration, Daniel E. Pittard has agreed to resign from the board, effective upon the consummation of the exchange transactions.
The descriptions of the terms of the exchange transactions, conversion of preferred stock, and board of directors reconfiguration contained in this press release are a summary. No assurances can be made that following the consummation of the transactions, the company will be able to satisfy and maintain the continuing listing standards of the NYSE or that the common stock will continue to be listed for trading on the NYSE or be registered under Section 12 of the Securities Exchange Act of 1934, as amended. The company encourages you to read the agreements that it expects to file as exhibits to a Current Report on Form 8-K with the Securities and Exchange Commission.
About Pulse Electronics Corporation
Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The company serves the wireless and wireline communications, power management, military/aerospace and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com.
Safe Harbor
This press release contains statements, including projections of future business objectives and financial results, that are "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These forward-looking statements are based on the company's current information and expectations. There can be no assurance these forward-looking statements, including, without limitation, the company's results for the fourth quarter, will be achieved, or that it will have the ability to execute its business strategy and grow its business. Actual results may differ materially due to the risk factors listed from time to time in the company's SEC reports including, but not limited to, those discussed in its Current Reports on Form 8-K, Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. All such risk factors are incorporated herein by reference as though set forth in full. The company undertakes no obligation to update any forward looking statement.
Copyright (c) 2014 Pulse Electronics Corporation. All rights reserved. All brand names and trademarks are properties of their respective holders.
CONTACT: Pulse Electronics Corporation
Jim Butler
Sr. Director of Finance and Treasurer
858-674-8183
jbutler@pulseelectronics.com
SOURCE: Pulse Electronics Corporation
Copyright Business Wire 2014
(END) Dow Jones Newswires
February 21, 2014 13:25 ET (18:25 GMT)
$PULS - Pulse Electronics Corporation Announces Reverse Stock Split
8:00 AM ET 5/20/13 | BusinessWire
Pulse Electronics Corporation (NYSE:PULS), a leading provider of electronic components, today announced that it has filed an amendment to its Amended and Restated Articles of Incorporation to implement a 1-for-10 reverse stock split that will become effective at 12:01 a.m. Eastern Daylight Time on May 22, 2013. Pulse's common stock will begin trading on the New York Stock Exchange ("NYSE") on a split-adjusted basis when the market opens on Wednesday, May 22, 2013.
Pulse Chairman and Chief Executive Officer Ralph Faison explained, "One purpose of the reverse stock split is to increase the per share price of our common stock and enable Pulse to regain compliance with NYSE continued listing requirements. We also believe the resulting increase in share price will improve the perception of our common stock and increase the appeal of our stock to a broader range of investors, which in turn should allow the ongoing progress we are making in improving the operational performance of the company to be better reflected in the valuation of the stock."
At its annual meeting of shareholders held on May 17, 2013, Pulse's shareholders granted to the Board of Directors the authority to implement a reverse stock split at their discretion, and if it does so, to determine the exact reverse stock split ratio within an approved range. At the effective time of the reverse stock split, every ten shares of Pulse's issued and outstanding common stock will be automatically converted into one issued and outstanding share of common stock, without any change in the par value per share.
As a result of the reverse stock split, the number of issued and outstanding shares of common stock will be reduced from approximately 79.5 million to approximately 7.9 million. The number of authorized shares, including additional shares that were approved by shareholders at the annual meeting on May 17, 2013, will be reduced from 310 million to 31 million. Proportional adjustments will be made to Pulse's stock option and stock incentive plans. The reverse stock split will have no effect on the company's authorized shares of preferred stock, however the number of shares of common stock into which the company's Series A Preferred Stock is convertible will be proportionally reduced.
Pulse common stock will continue to trade on the NYSE under the symbol "PULS", but under a new CUSIP, 74586W 205.
No fractional shares will be issued in connection with the reverse stock split. Following the reverse stock split, the company or its agent will aggregate and sell all fractional shares otherwise issuable. Shareholders of record who otherwise would be entitled to receive fractional shares will be entitled to receive a pro rata portion of the net cash proceeds in lieu of such fractional shares. Shareholders will receive instructions from the company's transfer agent, Registrar & Transfer Company, as to procedures for exchanging existing share certificates for new book-entry shares.
Additional information regarding the reverse stock split can be found in Pulse's proxy statement filed with the Securities and Exchange Commission on April 15, 2013, a copy of which is available at www.sec.gov.
About Pulse Electronics Corporation
Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse has a long operating history of innovation in magnetics, antennas and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The company serves the wireless and wireline communications, power management, military/aerospace and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. For more information, visit the company's web site at www.pulseelectronics.com.
Safe Harbor
To the extent that statements in this press release are not strictly historical, such statements are "forward-looking" and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current information and expectations. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Examples of such risks include those related to the risk factors disclosed from time to time in the Company's SEC filings, including, but not limited to, those discussed in the Company's most recent reports on Form 10-K, 10-Q and 8-K, and any amendments thereto. All such risk factors are incorporated herein by reference as though set forth in full. The Company undertakes no obligation to update any forward looking statement.
Copyright (C) 2013 Pulse Electronics Corporation. All rights reserved. All brand names and trademarks are properties of their respective holders.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130520005501r1&sid=cmtx4&distro=nx
SOURCE: Pulse Electronics Corporation
Pulse Electronics Corporation
Drew A. Moyer
Senior Vice President, Chief Financial Officer
858-674-8268
dmoyer@pulseelectronics.com
Well it's definitely good news that they are reporting their first operational profits since Q4 of 2010. Still unsure how long I will hang onto my position. The company is making progress but it could be long road, they need increased sales.
Pulse Electronics' CEO Discusses Q1 2013 Results - Earnings Call Transcript
http://seekingalpha.com/article/1411541-pulse-electronics-ceo-discusses-q1-2013-results-earnings-call-transcript?source=email_rt_article_title
Yeah I am with you there. I may cut my losses and move on because it could be a long time before financial significantly improve. Thanks man and good luck.
Did not listen...but I'm not worried...
Well at least gross profits were up. The question is will it be enough to move the PPS up? I wasn't able to listen to the CC, got tied up with work call. We're you able to listen, if so anything worth listening to the playback? Thanks
Pulse Electronics Corporation Reports First Quarter Results
4:05 PM ET 5/7/13 | BusinessWire
Pulse Electronics Corporation (NYSE:PULS), a leading provider of electronic components, today reported results for its first quarter ended March 29, 2013.
First Quarter Highlights
-- Net sales were $84.8 million, down 9.9% from $94.1 million in the prior-year quarter, and down 6.2% from $90.4 million in the fourth quarter, in line with industry trends.
-- Operating profit (U.S. GAAP) was $1.0 million compared with a loss of $2.1 million in the prior-year quarter and a loss of $4.6 million in the fourth quarter.
-- Non-GAAP operating profit was $1.6 million, compared with a loss of $0.2 million in the prior-year quarter and a profit of $1.3 million in the fourth quarter. (See Schedule A for a reconciliation of U.S. GAAP results to non-GAAP measures.)
-- Gross profit margin was 23.8% compared with 19.5% in the prior-year quarter and 21.8% in the fourth quarter.
CEO Comments
"This quarter's results continue to demonstrate our ongoing progress in improving the operational performance of the company," said Pulse Chairman and Chief Executive Officer Ralph Faison. "Although the industry environment remained challenging, we exceeded our non-GAAP operating guidance on revenue that was within our guidance range but lower both year over year and sequentially. As a result of two years of major restructuring and reengineering, we began to realize notable gross profit margin improvement last quarter that continued this quarter, as gross profit margins increased nicely. We have substantially lowered our breakeven point and further stabilization and improvement in gross margin is a key objective for Pulse in 2013. We stand poised to continue to deliver improved operating profit when markets recover to more normal demand levels."
First Quarter Operating Performance
Net sales were $84.8 million compared with $94.1 million in the prior-year quarter, in line with ongoing economic and industry weakness plus lower industry demand for wireless products. Sequentially, consolidated net sales declined 6.2 percent compared with fourth quarter net sales of $90.4 million mainly due to reduced strength of smartphone demand and normal first quarter seasonal softness and the effects of Chinese New Year.
Cost of sales decreased 14.7 percent to $64.6 million from $75.7 million in the prior-year quarter. The company's gross profit margin was 23.8 percent compared with 19.5 percent in the prior-year quarter and 21.8 percent in the fourth quarter. The higher gross profit margin compared to the prior year reflects the favorable effects of manufacturing plant consolidations and other cost reduction programs and resulting operational efficiencies. The sequential improvement in gross margin was due mainly to improved product mix in wireless and continued favorable effects of cost reduction programs.
Operating expenses were $19.2 million, essentially flat from $19.0 million in the first quarter of 2012, as the company maintained sustained scrutiny over all discretionary spending. Operating expenses were also flat compared to the fourth quarter.
Operating profit (U.S. GAAP) was $1.0 million compared with a loss of $2.1 million in the prior-year quarter. Non-GAAP operating profit was $1.6 million compared with a loss of $0.2 million in the prior-year quarter and a profit of $1.3 million in the fourth quarter.
The company had $25.4 million of cash and cash equivalents at March 29, 2013 compared with $31.5 million at December 28, 2012. The decrease in cash mainly reflects refinancing transaction fees and expenses and working capital needs.
Second Quarter 2013 Outlook
"As we look to the second quarter, recent order patterns indicate revenue should achieve typical seasonal growth while at the same time we anticipate some additional improvement in wireless demand," said Mr. Faison. "We believe that somewhat higher volumes and continuation of the favorable gross margin trends we saw in the first quarter will help to offset increasing costs at our manufacturing facilities, resulting in non-GAAP operating profit similar to that of the first quarter."
The company expects second quarter 2013 net sales to range from $85 million to $91 million and non-GAAP operating profit to range from breakeven to a profit of $2 million.
Conference Call
Pulse management will conduct a conference call at 5 p.m. Eastern (2 p.m. Pacific) today. The conference call will be available via telephone and the Internet. The dial-in number is 1-800-860-2442 (international 1-412-858-4600). A link to the earnings press release, the Internet web cast and a slide presentation that will accompany management's prepared remarks will be available on the "Investor Information" section of the company's web site www.pulseelectronics.com for two weeks.
About Pulse Electronics Corporation
Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The company serves the wireless and wireline communications, power management, military/aerospace and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com.
Safe Harbor
This press release contains statements, including projections of future business objectives and financial results, that are "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These forward-looking statements are based on the company's current information and expectations. There can be no assurance these forward-looking statements, including, without limitation, the company's results for the first quarter, will be achieved. Factors that may cause expected results or anticipated events or circumstances discussed in this press release to not occur or to differ from expected results include: general conditions in the capital markets; general economic conditions; and the company's ability to maintain adequate liquidity to operate its business. Actual results may differ materially due to the risk factors listed from time to time in the company's SEC reports including, but not limited to, those discussed in its Current Reports on Form 8-K, Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. All such risk factors are incorporated herein by reference as though set forth in full. The company undertakes no obligation to update any forward looking statement.
Non-GAAP Rationale
Non-GAAP operating profit or loss (operating profit or loss according to accounting principles generally accepted in the United States excluding pre-tax severance, impairment and other associated costs; pre-tax non-cash stock-based compensation expenses; and other pre-tax adjustments as described in the applicable period), non-GAAP diluted earnings (loss) per share (net earnings (loss) per share from continuing operations according to principles generally accepted in the United States excluding after-tax severance, impairment and other associated costs; after-tax non-cash stock-based compensation expenses; and other after-tax adjustments as described in the applicable period) and adjusted EBITDA (net earnings attributable to Pulse Electronics Corporation plus net earnings from discontinued operations and non-controlling interest, excluding income taxes; depreciation and amortization; interest expense/income; non-cash stock-based compensation expenses; other expense/income; and severance, impairment and other associated costs; and other adjustments as described in the applicable period), are not measures of performance under accounting principles generally accepted in the United States. Non-GAAP operating profit or loss, non-GAAP diluted earnings (loss) per share and adjusted EBITDA should not be considered a substitute for, and an investor should also consider, net income, operating profit, cash flow from operations, and other measures of performance as defined by accounting principles generally accepted in the United States as indicators of the company's profitability or liquidity. Non-GAAP operating profit (loss) and non-GAAP diluted earnings (loss) per share are often used by the company's shareholders and analysts as additional measures of its operating performance. Adjusted EBITDA is often used by the company's shareholders and analysts as an indicator of a company's ability to service debt and fund capital expenditures. The company believes these non-GAAP measures enhance a reader's understanding of the company's financial condition, results of operations, and cash flow because they are unaffected by capital structure and, therefore, enable investors to compare its operating performance to that of other companies. The company understands that its presentation of non-GAAP operating profit (loss), non-GAAP diluted earnings (loss) per share and adjusted EBITDA may not be comparable to other similarly titled captions of other companies due to differences in the method of calculation.
Based on discussions with investors and analysts, the company believes that a reader's understanding of the company's operating performance is enhanced by references to these non-GAAP measures. Removing charges for severance, impairment and other associated costs; non-cash stock-based compensation expenses; and other adjustments may facilitate comparisons of operating performance among financial periods and peer companies. These charges may result from facility closures, the exit of a product line, production relocations and capacity reductions, and / or restructuring of overhead and operating expenses to enhance or maintain profitability in an increasingly competitive environment. Removing non-cash stock-based compensation expenses facilitates comparisons of the company's operating performance with that of other companies with differing compensation structures and with the company's performance in periods during which its own compensation structure may have been different. Impairment charges, debt restructuring and related costs, legal reserve charges, and costs related to an unsolicited takeover attempt are not part of the normal operating expense structure of the relevant business in the period in which the charge is recorded.
Copyright (C) 2013 Pulse Electronics Corporation. All rights reserved. All brand names and trademarks are properties of their respective holders.
View data
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands, except per-share data)
Three Months Ended
3/29/13 3/30/12
------------- -------------
Net sales $ 84,806 $ 94,135
Cost of sales 64,625 75,737
------ ------
Gross profit 20,181 18,398
Operating expenses 19,174 18,993
Severance, impairment and other associated costs 19 1,537
Legal reserve 38 -
------ ------
Operating profit (loss) 950 (2,132 )
Interest expense, net (5,114 ) (2,593 )
Other (expense) income, net (2,532 ) 1,079
------ -- ------
Loss before income taxes (6,696 ) (3,646 )
Income tax expense (434 ) (657 )
------ -- ------ --
Net loss (7,130 ) (4,303 )
Less: Net loss attributable to non-controlling interest (14 ) (197 )
------ -- ------ --
Net loss attributable to Pulse Electronics Corporation (7,116 ) (4,106 )
Basic shares outstanding 79,573 41,422
Basic loss per share (0.09 ) (0.10 )
Diluted shares outstanding 79,573 41,422
Diluted loss per share (0.09 ) (0.10 )
AMOUNTS ATTRIBUTABLE TO PULSE ELECTRONICS CORPORATION:
Net loss attributable to Pulse Electronics Corporation $ (7,116 ) $ (4,106 )
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per-share data) Three Months Ended 3/29/13 3/30/12 ------------- ------------- Net sales $ 84,806 $ 94,135 Cost of sales 64,625 75,737 ------ ------ Gross profit 20,181 18,398 Operating expenses 19,174 18,993 Severance, impairment and other associated costs 19 1,537 Legal reserve 38 - ------ ------ Operating profit (loss) 950 (2,132 ) Interest expense, net (5,114 ) (2,593 ) Other (expense) income, net (2,532 ) 1,079 ------ -- ------ Loss before income taxes (6,696 ) (3,646 ) Income tax expense (434 ) (657 ) ------ -- ------ -- Net loss (7,130 ) (4,303 ) Less: Net loss attributable to non-controlling interest (14 ) (197 ) ------ -- ------ -- Net loss attributable to Pulse Electronics Corporation (7,116 ) (4,106 ) Basic shares outstanding 79,573 41,422 Basic loss per share (0.09 ) (0.10 ) Diluted shares outstanding 79,573 41,422 Diluted loss per share (0.09 ) (0.10 ) AMOUNTS ATTRIBUTABLE TO PULSE ELECTRONICS CORPORATION: Net loss attributable to Pulse Electronics Corporation $ (7,116 ) $ (4,106 )
View data
BUSINESS SEGMENT INFORMATION (UNAUDITED)
(in thousands)
Three Months Ended
3/29/2013 3/30/2012
------------------ -------------------
Net Sales
Network $ 35,831 $ 38,754
Power 27,585 31,690
Wireless 21,390 23,691
--------- ----------
Total net sales 84,806 94,135
Operating profit (loss)
Network 1,332 (873 )
Power 1,169 2,332
Wireless (1,494 ) (2,054 )
--------- --- ---------- ---
Operating profit (loss) excluding severance, impairment and other 1,007 (595 )
associated costs, and legal reserve costs
Severance, impairment and other associated costs 19 1,537
Legal reserve 38 -
--------- ----------
Operating profit (loss) $ 950 $ (2,132 )
FINANCIAL POSITION (UNAUDITED)
(in thousands) 3/29/2013 12/28/2012
--------- ----------
Cash and cash equivalents $ 25,438 $ 31,475
Accounts receivable, net 61,115 62,957
Inventory, net 30,150 31,434
Prepaid expenses and other current assets 18,075 21,500
Net property, plant and equipment 28,736 29,406
Other assets 16,407 11,826
--------- ----------
Total assets 179,921 188,598
Accounts payable $ 61,798 $ 65,883
Accrued expenses and other current liabilities 34,108 44,197
Warrant liability - 12,175
Long-term debt 102,196 96,753
Other long-term liabilities 17,581 19,134
--------- ----------
Total liabilities 215,683 238,142
Total deficit (35,762 ) (49,544 )
--------- --- ---------- ---
Total liabilities and deficit $ 179,921 $ 188,598
Shares outstanding 79,473 79,473
BUSINESS SEGMENT INFORMATION (UNAUDITED) (in thousands) Three Months Ended 3/29/2013 3/30/2012 ------------------ ------------------- Net Sales Network $ 35,831 $ 38,754 Power 27,585 31,690 Wireless 21,390 23,691 --------- ---------- Total net sales 84,806 94,135 Operating profit (loss) Network 1,332 (873 ) Power 1,169 2,332 Wireless (1,494 ) (2,054 ) --------- --- ---------- --- Operating profit (loss) excluding severance, impairment and other 1,007 (595 ) associated costs, and legal reserve costs Severance, impairment and other associated costs 19 1,537 Legal reserve 38 - --------- ---------- Operating profit (loss) $ 950 $ (2,132 ) FINANCIAL POSITION (UNAUDITED) (in thousands) 3/29/2013 12/28/2012 --------- ---------- Cash and cash equivalents $ 25,438 $ 31,475 Accounts receivable, net 61,115 62,957 Inventory, net 30,150 31,434 Prepaid expenses and other current assets 18,075 21,500 Net property, plant and equipment 28,736 29,406 Other assets 16,407 11,826 --------- ---------- Total assets 179,921 188,598 Accounts payable $ 61,798 $ 65,883 Accrued expenses and other current liabilities 34,108 44,197 Warrant liability - 12,175 Long-term debt 102,196 96,753 Other long-term liabilities 17,581 19,134 --------- ---------- Total liabilities 215,683 238,142 Total deficit (35,762 ) (49,544 ) --------- --- ---------- --- Total liabilities and deficit $ 179,921 $ 188,598 Shares outstanding 79,473 79,473
View data
Schedule A
---------------------------------------------------------------------
NON-GAAP MEASURES (UNAUDITED)
(in thousands, except per-share amounts)
1. Adjusted EBITDA
Quarter Ended
-----------------------------------------
3/29/13 3/30/12
-------------------- --------------------
Net loss attributable to Pulse Electronics Corporation $ (7,116 ) $ (4,106 )
Non-controlling interest 14 197
Income tax expense 434 657
Interest expense, net 5,114 2,593
Non-cash stock-based compensation expenses 579 407
Depreciation and amortization 1,749 1,942
Other expense (income), net 2,532 (1,079 )
Severance, impairment and other associated costs 19 1,537
Legal reserve 38 -
-------- --------
Adjusted EBITDA 3,363 2,148
2. Net (loss) earnings per diluted share excluding severance,
impairment and other associated costs, legal reserve costs, and
non-cash stock-based compensation expenses and other adjustments
Quarter Ended
-----------------------------------------
3/29/13 3/30/12
-------------------- --------------------
Net loss per diluted share $ (0.09 ) $ (0.10 )
After-tax severance, impairment and other associated costs, per share 0.00 0.04
After-tax non-cash stock-based compensation expenses, per share 0.01 0.01
After-tax legal reserve, per share 0.00 -
-------- --------
Net loss per diluted share excluding severance, impairment and other (0.08 ) (0.05 )
associated costs, legal reserve costs, non-cash stock-based
compensation expenses and other adjustments
3. Operating profit (loss) excluding severance, impairment and other
associated costs, legal reserve costs, non-cash stock-based
compensation expenses and other adjustments
Quarter Ended
-----------------------------------------
3/29/13 3/30/12
-------------------- --------------------
Operating profit (loss) $ 950 $ (2,132 )
Pre-tax severance, impairment and other associated costs 19 1,537
Pre-tax non-cash stock-based compensation expenses 579 407
Pre-tax legal reserve 38 -
-------- --------
Operating profit (loss) excluding severance, impairment and other 1,586 (188 )
associated costs, legal reserve costs, non-cash stock-based
compensation expenses and other adjustments
Schedule A --------------------------------------------------------------------- NON-GAAP MEASURES (UNAUDITED) (in thousands, except per-share amounts) 1. Adjusted EBITDA Quarter Ended ----------------------------------------- 3/29/13 3/30/12 -------------------- -------------------- Net loss attributable to Pulse Electronics Corporation $ (7,116 ) $ (4,106 ) Non-controlling interest 14 197 Income tax expense 434 657 Interest expense, net 5,114 2,593 Non-cash stock-based compensation expenses 579 407 Depreciation and amortization 1,749 1,942 Other expense (income), net 2,532 (1,079 ) Severance, impairment and other associated costs 19 1,537 Legal reserve 38 - -------- -------- Adjusted EBITDA 3,363 2,148 2. Net (loss) earnings per diluted share excluding severance, impairment and other associated costs, legal reserve costs, and non-cash stock-based compensation expenses and other adjustments Quarter Ended ----------------------------------------- 3/29/13 3/30/12 -------------------- -------------------- Net loss per diluted share $ (0.09 ) $ (0.10 ) After-tax severance, impairment and other associated costs, per share 0.00 0.04 After-tax non-cash stock-based compensation expenses, per share 0.01 0.01 After-tax legal reserve, per share 0.00 - -------- -------- Net loss per diluted share excluding severance, impairment and other (0.08 ) (0.05 ) associated costs, legal reserve costs, non-cash stock-based compensation expenses and other adjustments 3. Operating profit (loss) excluding severance, impairment and other associated costs, legal reserve costs, non-cash stock-based compensation expenses and other adjustments Quarter Ended ----------------------------------------- 3/29/13 3/30/12 -------------------- -------------------- Operating profit (loss) $ 950 $ (2,132 ) Pre-tax severance, impairment and other associated costs 19 1,537 Pre-tax non-cash stock-based compensation expenses 579 407 Pre-tax legal reserve 38 - -------- -------- Operating profit (loss) excluding severance, impairment and other 1,586 (188 ) associated costs, legal reserve costs, non-cash stock-based compensation expenses and other adjustments
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130507006850r1&sid=cmtx4&distro=nx
SOURCE: Pulse Electronics Corporation
Pulse Electronics Corporation
Drew A. Moyer
Senior Vice President, Chief Financial Officer
858-674-8268
dmoyer@pulseelectronics.com
Real nice to see this moving back up. I hope we get good news on tomorrow's CC.
Pulse Electronics Corporation Schedules First Quarter Earnings Release and Conference Call
Apr 22, 2013 15:28:00 (ET)
SAN DIEGO, Apr 22, 2013 (BUSINESS WIRE) -- Pulse Electronics Corporation , a leading provider of electronic components, announced today it will report financial results for its first quarter on May 7, 2013, after the market closes. The company will host a conference call at 5 p.m. Eastern (2 p.m. Pacific) that day.
The call may be accessed via telephone or the Internet. To access a live web cast of the call via the Internet, go to the "Investor Information" section of the company's web site at www.pulseelectronics.com . The telephone dial-in number is 1-800-860-2442 (international 1-412-858-4600).
An archived version of the web cast will be available for two weeks on the company's web site. A replay of the call will also be available for two weeks by calling 1-877-344-7529 (international 1-412-317-0088) and providing access code 10027982.
About Pulse Electronics Corporation
Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The company serves the wireless and wireline communications, power management, military/aerospace and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com .
Safe Harbor
To the extent that statements in this press release are not strictly historical, such statements are "forward-looking" and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current information and expectations. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Examples of such risks include those related to the risk factors disclosed from time to time in the Company's SEC filings, including, but not limited to, those discussed in the Company's most recent reports on Form 10-K, 10-Q and 8-K, and any amendments thereto. All such risk factors are incorporated herein by reference as though set forth in full. The Company undertakes no obligation to update any forward looking statement.
Copyright (C) 2013 Pulse Electronics Corporation. All rights reserved. All brand names and trademarks are properties of their respective holders.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130422006662r1&sid=cmtx4&distro=nx
SOURCE: Pulse Electronics Corporation
Pulse Electronics Corporation
Drew A. Moyer, 858-674-8268
Senior Vice President, Chief Financial Officer
dmoyer@pulseelectronics.com
Pulse Electronics Announces Catalog NFC Antennas
Apr 17, 2013 08:04:00 (ET)
SAN DIEGO, Apr 17, 2013 (BUSINESS WIRE) -- Pulse Electronics Corporation , a leading provider of electronic components, announces a new catalog selection of ferrite-loaded, stamp, and wire-on-carrier near field communication (NFC) antennas. These products are ideal for integration into point-of-sale terminals, security and access control panels, transportation payment devices, and consumer electronics. They enable superior data collection, data exchange, and authentication authorization applications as found in healthcare and other pairing/sharing applications. The NFC antennas allow for the wireless link between two devices, like a phone or security card; typically with a maximum distance of 100mm. The antennas operate at 13.56MHz and are meant for volumetric field strength efficiency rather than antenna gain like traditional antennas.
Pulse Electronics' catalog NFC antennas consist of three antenna families: the W3579 and W3580 ferrite-loaded antennas for tight-space integration in close proximity to metallic devices such as PCBs, batteries, and displays; the W7001 small stamp antenna for small-space applications; and the W7002 wire-on-carrier antenna, targeted to payment applications with mechanical features optimized to fit a display or keypad inside the coil. These NFC products can be integrated into a system for card emulation mode, peer-to-peer mode, or reader/writer mode depending on the needs of the end-application itself.
"Pulse is the first company to offer a variety of NFC antenna solutions targeted for multiple applications from payments to pairing, through distribution channels," said Aaron Logan, technical product manager, Pulse Electronics Wireless Devices Antenna Division. "Pulse is the only antenna manufacturer, along with our distributors, to offer a selection of catalog, off-the-shelf parts. Pulse engineers recognized that no single NFC antenna meets every implementation need, and have risen to the mechanical challenges by creating a variety of solutions to meet those needs."
The antennas, when integrated appropriately, can meet ISO/IEC 14443 A B (MIFARE), ISO/IEC 18092, JIS X 6319-4/FeliCa, NFCIP-1/ECMA 3-40, and EMVCo requirements. All parts have a lead time of 6-8 weeks after receipt of order. More information can be found on the data sheet for each antenna or on the Pulse Electronics website at http://www.pulseelectronics.com/CatalogNFCAntennas .
NFC catalog antenna photo available at http://www.pulseelectronics.com/image.php?blob_id=3842
About Pulse Electronics:
Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas, and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The Company serves the wireless and wireline communications, power management, military/aerospace, and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, NFC Forum, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com .
Copyright (C)2013 Pulse Electronics Corporation. All rights reserved. All brand names and trademarks are properties of their respective holders.
Cautionary Note: To the extent that statements in this press release are not strictly historical, such statements are "forward-looking" and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current information and expectations. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Examples of such risks include those related to the risk factors disclosed from time to time in the Company's SEC filings, including, but not limited to, those discussed in the Company's most recent reports on Form 10-K, 10-Q and 8-K, and any amendments thereto. All such risk factors are incorporated herein by reference as though set forth in full. The Company undertakes no obligation to update any forward-looking statement.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130417005401r1&sid=cmtx4&distro=nx
SOURCE: Pulse Electronics Corporation
Pulse Electronics
Aaron Logan, 360-859-5066
Technical Product Manager
alogan@pulseelectronics.com
Fax: 360-891-0057
or
AR Marketing, Inc. (agency)
Andrea Roberts, +1-858-451-8666
andrea@armarketinginc.com
Seems we keep getting PR's about new products, how about a PR about a large order of these products? Maybe we will get some good news in conference call.
Pulse Electronics Introduces Press-fit RJ45 Connectors with Integrated Magnetics
Apr 3, 2013 08:04:00 (ET)
SAN DIEGO, Apr 03, 2013 (BUSINESS WIRE) -- Pulse Electronics Corporation , a leading provider of electronic components, introduces press-fit RJ45 integrated connector modules (ICMs) with magnetics. Using a press-fit pin (also called compliant or interference pin) provides a pressure contact with the printed circuit board (PCB), eliminating the need for wave soldering. The JPB 2x6 1000BASE-T PoE ICM and JT5 2xN 10GBASE-T ICM families are available as press-fit ICMs. Eliminating the wave soldering process saves time, increasing throughput and reducing costs, and allows for rework of the ICM without damaging the customer's PCB.
"A typical production process consists of a component placement process and then soldering the components to the PCB. When you have both surface mount and through-hole components you have to process the PCB through both a reflow solder process for the SMT components and a wave soldering process for the through-hole components. The ICM is often the only through-hole component on the PCB, so wave soldering is necessary specifically for that part," explained Jonas Miller, product line manager, Pulse Electronics. "Pulse Electronics designed these press-fit pin ICMs in response to market demand to remove wave soldering from the PCB manufacturing process. In addition, having press-fit technology enables the manufacturer to rework the ICM more easily, without damaging the PCB."
Pulse Electronics' press-fit RJ45 ICMs meet IEEE 802.3 specifications. Detailed process specifications are available to assist customers with the insertion and extraction of these press-fit pin ICMs. The ICMs are packaged in trays. Prices start at approximately $5.00/port. High volume discounts are available. Lead time is 8 to 10 weeks. Information and datasheets on Pulse Electronics' 2x6 press-fit ICMs are at http://productfinder.pulseeng.com/product/JPB-0010NL or for more information visit, http://www.pulseelectronics.com/Press-fitRJ45 .
Photo available at http://www.pulseelectronics.com/image.php?blob_id=3808
About Pulse Electronics: Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas, and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The Company serves the wireless and wireline communications, power management, military/aerospace, and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com .
Copyright (C)2013 Pulse Electronics Corporation. All rights reserved. All brand names and trademarks are properties of their respective holders.
Cautionary Note: To the extent that statements in this press release are not strictly historical, such statements are "forward-looking" and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current information and expectations. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Examples of such risks include those related to the risk factors disclosed from time to time in the Company's SEC filings, including, but not limited to, those discussed in the Company's most recent reports on Form 10-K, 10-Q and 8-K, and any amendments thereto. All such risk factors are incorporated herein by reference as though set forth in full. The Company undertakes no obligation to update any forward looking statement.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130403005466r1&sid=cmtx4&distro=nx
SOURCE: Pulse Electronics
Pulse Electronics
Jonas Miller, Product Line Manager
+1 858-674-8359
jmiller@pulseelectronics.com
or
AR Marketing, Inc. (agency)
Andrea Roberts, +1 858-451-8666
andrea@armarketinginc.com
Haha that was not a big set back at all. Both of the picks will be winners, that's all I'll say
Two more weeks, could we still reach the .60s? Fridays sell off was a big set back.
What about you ELA* pick, plenty of dilution there currently. Financials coming EOM, the CEO and CFO just loaded up on shares so my guess is the PPS is near bottom.
Yeah I read it that's why I couldn't figure out what Fridays drop in the final minutes of trading was all about. I thought about loading more but just holding what I have.
This is amazing...completely under people's radar...did you read the earnings transcript? Loading up again below $0.33 was a gift bro...pure gift!
Good to see us back above Fridays levels.
Pulse Electronics' DSL Splitter Module with Lightning and Power Fault Protection
8:04 AM ET 3/18/13 | BusinessWire
Pulse Electronics Corporation (NYSE: PULS), a leading provider of electronic components, introduces a central office (CO) VDSL2 splitter module with optional lightning and power fault protection. The module is designed with 6 pins, instead of the standard 4 pins. This enables a protective device, such as a sidactor, to be added on the board underneath the module and eliminates the need for a separate protection rack card, freeing up space for an extra multichannel card or to increase airflow for additional cooling. The pin location allows a fast-acting secondary over-voltage protector to be used to protect the filter from surge effects while maintaining good VDSL2 performance. The location may also help to meet ITU and Telcordia coordination requirements with any installed primary protectors, enabling selection of suitable secondary protectors to accommodate different countries and markets.
"Adding surge protection is becoming increasingly necessary as protection standards evolve, and being able to reduce the splitter module size is important as component density increases," explained Ronan Kelly, Pulse Electronics broadband product manager. "Pulse's new CO splitter module offers the customer a product to address these needs."
Pulse Electronics' B8841PNL CO module is part of a family of products that have the same 6 pin footprint, so modules can be interchanged to address a specific target market without changing the rack cabinet connectivity. This pin configuration accommodates all global standards and is well-suited for use in the Americas, Europe, and Asia. It meets requirements for ETSI 600 ohm ADSL to VDSL2 applications and China YD/T 1187-2006 ADSL 600 ohms. The modules are used on a rack card in a DSLAM or within roadside cabinets to combine or split the POTS from DSL data.
The modules are sold in trays. Lead-time is typically 8-10 weeks. The part is production released and available for orders. More information on Pulse's B8841PNL product family can be found on datasheet http://productfinder.pulseeng.com/products/datasheets/B1005.pdf located on the Pulse website at http://www.pulseelectronics.com/B8841PNL.
Photo available at: http://www.pulseelectronics.com/image.php?blob_id=3824
About Pulse Electronics:
Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas, and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The Company serves the wireless and wireline communications, power management, military/aerospace and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com.
Copyright (C)2013 Pulse Electronics Corporation. All rights reserved. All brand names and trademarks are properties of their respective holders.
Cautionary Note: To the extent that statements in this press release are not strictly historical, such statements are "forward-looking" and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current information and expectations. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Examples of such risks include those related to the risk factors disclosed from time to time in the Company's SEC filings, including, but not limited to, those discussed in the Company's most recent reports on Form 10-K, 10-Q and 8-K, and any amendments thereto. All such risk factors are incorporated herein by reference as though set forth in full. The Company undertakes no obligation to update any forward looking statement.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130318005372r1&sid=cmtx4&distro=nx
SOURCE: Pulse Electronics Corporation
Pulse Electronics
Ronan Kelly, +353 86 0397686
Product Marketing Manager
rkelly@pulseelectronics.com
or
AR Marketing, Inc. (agency)
Andrea Roberts, +1 858-451-8666
andrea@armarketinginc.com
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