3SOF

Profile:  

 
Wind River Systems Inc.
500 Wind River Way
Alameda, CA 94501
United States - Map
Phone: 510-748-4100
Fax: 510-749-2010
Web Site: http://www.windriver.com

DETAILS  
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Technology
Industry: Business Software & Services
Full Time Employees: 1,507


BUSINESS SUMMARY  
Wind River Systems, Inc. develops, markets, and sells operating systems, and middleware and software development tools to develop, run, and manage device products. Its solutions focus on VxWorks operating systems, Linux operating systems, Workbench software development tools, and device management systems. The company's VxWorks products offer a series of platforms that include Wind River General Purpose platform; Wind River Platform for automotive, consumer, industrial, and safety and mission critical devices, as well as network equipment; VxWorks 653; and VxWorks 6.6 SMP. Its Linux platforms comprise Wind River Platform for network equipment and consumer devices, Wind River General Purpose Platform, and Wind River Real-Time Core for Linux. The company's Wind River Workbench is an integrated development suite for designing, developing, debugging, and testing device software that runs on its VxWorks or Linux-based platforms. Its devise management solutions allow engineers to develop self-documenting device software that can be remotely diagnosed and repaired in real time. In addition, the company provides design services, technical consulting, and educational services, as well as outsourced design services for customers' products or applications. It serves various devise manufactures in North America, Europe, the Middle East, Africa, Japan, and the Asia Pacific region primarily through its direct sales force. Wind River Systems has strategic relationships with various semiconductor and system manufacturers, including ARM Holdings plc; Broadcom Corporation; Cavium Networks; Emerson Network Power; Freescale Semiconductor, Inc.; IBM Corporation; Intel Corporation; MIPS Technologies, Inc.; NEC Corporation; NXP B.V.; RadiSys Corporation; Raza Microelectronics, Inc.; Renesas, Inc., Sun Microsystems; Texas Instruments Incorporated; Toshiba Corporation; and Xilinx, Inc. The company was founded in 1981 and is headquartered in Alameda, California.

BreakOut...
Head and Shoulders Bottom ( Reversal )


Wind River Up.......
Beats on Sales, EPS and Forecast

Shares of Wind River Systems (WIND), which makes operating system software hidden away in a lot of gadgets and industrial applications, are up over 20% at $10.82
After the company reported sales and profit for the fiscal first quarter ending May 3 that easily beat estimates. The company offered a forecast for the current quarter that is shy of expectations, but its full-year forecast is above estimates.

For the first quarter, Wind River said sales rose 13% from the prior year to $87.9 million, ahead of an average estimate of $81 million, and profit per share, excluding some costs, more than doubled to 9 cents, well ahead of the average estimate of 2 cents on the Street. For the current quarter, the company expects from $86 million to $88 million, and from 7 cents to 8 cents in profit, which is behind the average estimate of $89 million in sales and 10 cents. But for the full year, the company foresees $365 million to $375 million in sales, the midpoint of which range is above the $368.6 average estimate of analysts. Full-year expected profit of 48 cents to 50 cents is also comfortably ahead of an estimate of 44 cents.

"Wind River's strong execution and solid return from the investments we have made in our products, our sales organization and alliance partnerships drove excellent first quarter financial results and marked a healthy start to fiscal year 2009," said Wind River's chairman and chief executive Ken Klein in the company's press release. "We saw strong demand across all products and geographies, indicating our strategy is resonating with customers and partners," he added.

Wind River shares rose almost 20.76% in the normal session to close @ $10.82


52wk Range: 6.07 - 13.42
Volume: 5,191,393
Avg Vol (3m): 1,219,750

Technicals
Gap Up
Percentage Gainer

Last Price Quote is:
21.82%above 13-day MA
29.38%above 50-day MA
RS Rating: 95 

Fundamentals
Key Data:
Market Cap (M): $873.38 
P/E Ratio: 1,728.14 
PEG Ratio: 9.76 
Next Earnings: 08/28/2008
Last Analyst Rating: Buy