Violin Memory, Inc. offers a class of flash-based storage solutions to bring storage performance in line with high-speed applications, servers and networks. The Company's Flash Storage Platform is designed at each level of the system architecture to leverage the inherent capabilities of flash memory and meet the requirements of business-critical applications, virtualized environments and Big Data in enterprise data centers. The Flash Storage Platform is a vertically integrated design of software, firmware and hardware, which runs the Company's Concerto OS 7, a single operating system with integrated continuous data protection, in-line block de-duplication and compression, stretch metro cluster and logical unit number (LUN) mirroring, as well as its suite of other Enterprise Data Services. Its products include 7300E Flash Storage Platform, 7600 Flash Storage Platform, 7700 Flash Storage Platform, 6000 Series All Flash Array and Symphony Management Suite Version 3.0.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Data Storage Devices
- Sub-Industry: N/A
- Symbol: NYSE:VMEM
- CUSIP: N/A
- Web: www.violin-memory.com
- 50 Day Moving Avg: $0.18
- 200 Day Moving Avg: $1.52
- 52 Week Range: $0.04 - $4.56
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -0.26
- P/E Growth: 0.0000
- Net Margins: -223.26%
- Return on Assets: -86.19%
- Debt-to-Equity Ratio: -1.31%
- Current Ratio: 1.59%
- Quick Ratio: 1.28%
- Average Volume: 390,256 shs.
- Beta: 1.94
Frequently Asked Questions for Violin Memory (NYSE:VMEM)
What is Violin Memory's stock symbol?
Violin Memory trades on the New York Stock Exchange (NYSE) under the ticker symbol "VMEM."
How were Violin Memory's earnings last quarter?
Violin Memory Inc (NYSE:VMEM) posted its quarterly earnings results on Thursday, September, 8th. The company reported ($0.59) EPS for the quarter, missing analysts' consensus estimates of ($0.56) by $0.03. The firm earned $7.50 million during the quarter, compared to the consensus estimate of $11 million. The business's quarterly revenue was down 51.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.19) earnings per share. View Violin Memory's Earnings History.
Who are some of Violin Memory's key competitors?
Some companies that are related to Violin Memory include Seagate Technology PLC (STX), NetApp (NTAP), Brocade Communications Systems (BRCD), Teradata (TDC), Pure Storage (PSTG), Quantum Corp (QTM), Adesto Technologies Corp (IOTS), Glassbridge Enterprises (GLA), Crossroads Systems (CRDS), Datalink (DTLK), Dot Hill Systems Corp. (HILL), EMC (EMC), Nimble Storage (NMBL) and SanDisk (SNDK).
How do I buy Violin Memory stock?
Shares of Violin Memory can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Violin Memory stock cost?
One share of Violin Memory stock can currently be purchased for approximately $0.36.
Consensus Ratings for Violin Memory (NYSE:VMEM) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Violin Memory (NYSE:VMEM)
(Data available from 5/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/11/2016||Maxim Group||Lower Price Target||Hold||$2.00 -> $1.10||N/A|
|8/28/2015||Deutsche Bank AG||Reiterated Rating||Hold||$3.00 -> $2.25||N/A|
Earnings History for Violin Memory (NYSE:VMEM)Earnings History by Quarter for Violin Memory (NYSE:VMEM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/8/2016||Q217||($0.56)||($0.59)||$11.00 million||$7.50 million||View||N/A|
|5/24/2016||Q117||($0.17)||($0.16)||$11.50 million||$9.70 million||View||Listen|
|3/10/2016||Q416||($0.21)||($0.20)||$13.00 million||$10.90 million||View||Listen|
|12/2/2015||Q316||($0.18)||($0.19)||$17.23 million||$12.50 million||View||N/A|
|3/5/2015||Q415||($0.20)||($0.19)||$24.00 million||$20.40 million||View||N/A|
|11/24/2014||Q315||($0.20)||($0.19)||$20.10 million||$21.70 million||View||N/A|
|8/27/2014||Q215||($0.22)||($0.21)||$19.06 million||$18.60 million||View||N/A|
|5/29/2014||Q115||($0.25)||($0.35)||$23.80 million||$18.10 million||View||N/A|
|3/6/2014||Q414||($0.28)||($0.28)||$30.77 million||$28.00 million||View||N/A|
|11/21/2013||Q314||($0.44)||($0.63)||$31.70 million||$28.30 million||View||N/A|
Earnings Estimates for Violin Memory (NYSE:VMEM)
Current Year EPS Consensus Estimate: $-2.1800 EPS
Next Year EPS Consensus Estimate: $-1.3900 EPS
Dividend History for Violin Memory (NYSE:VMEM)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Violin Memory (NYSE:VMEM)
Insider Ownership Percentage: 4.20%Insider Trades by Quarter for Violin Memory (NYSE:VMEM)
Institutional Ownership Percentage: 54.65%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/27/2016||Bruce Harvey Grant||Major Shareholder||Buy||472,983||$0.74||$350,007.42|| |
|6/13/2016||Bruce Harvey Grant||Major Shareholder||Buy||334,251||$0.70||$233,975.70|| |
|6/10/2016||Bruce Harvey Grant||Major Shareholder||Buy||2,818,766||$0.60||$1,691,259.60|| |
|5/31/2016||Donald J Listwin||Director||Buy||500,000||$0.49||$245,000.00|| |
|3/31/2016||Donald J Listwin||Director||Buy||100,000||$0.52||$52,000.00|| |
|3/21/2016||Kevin A Denuccio||CEO||Buy||75,000||$0.50||$37,500.00|| |
|3/17/2016||Donald J Listwin||Director||Buy||166,000||$0.50||$83,000.00|| |
|3/15/2016||Donald J Listwin||Director||Buy||120,000||$0.49||$58,800.00|| |
|9/9/2015||David B Walrod||Director||Buy||35,000||$1.49||$52,150.00|| |
|9/9/2015||Kevin A. Denuccio||CEO||Buy||25,000||$1.51||$37,750.00|| |
|9/9/2015||Said Ouissal||SVP||Buy||10,000||$1.48||$14,800.00|| |
|9/4/2015||Kevin A. Denuccio||CEO||Buy||50,000||$1.61||$80,500.00|| |
|6/9/2015||Cheemin Bo-Linn||Director||Buy||8,928||$2.80||$24,998.40|| |
|3/25/2015||Vivekanand Mahadevan||Director||Buy||1,200||$3.61||$4,332.00|| |
|3/19/2015||William Kurtz||Director||Buy||14,925||$3.35||$49,998.75|| |
|3/17/2015||Cheemin Bo-Linn||Director||Buy||10,000||$3.57||$35,700.00|| |
|3/12/2015||Richard N Nottenburg||Director||Buy||8,000||$3.36||$26,880.00|| |
|3/11/2015||Cory Sindelar||CFO||Buy||7,000||$3.11||$21,770.00|| |
|3/11/2015||David B Walrod||Director||Buy||10,000||$3.10||$31,000.00|| |
|3/10/2015||Kevin A Denuccio||CEO||Buy||50,000||$3.08||$154,000.00|| |
|3/10/2015||Lawrence J Lang||Director||Buy||16,000||$3.14||$50,240.00|| |
|9/29/2014||Cory Sindelar||CFO||Buy||10,000||$4.26||$42,600.00|| |
|9/25/2014||Richard N Nottenburg||Director||Buy||20,000||$4.11||$82,200.00|| |
|9/24/2014||David B Walrod||Director||Buy||60,000||$4.32||$259,200.00|| |
|9/23/2014||Richard N Nottenburg||Director||Buy||50,000||$4.36||$218,000.00|| |
|3/12/2014||David Walrod||Director||Buy||23,420||$4.27||$100,003.40|| |
Headline Trends for Violin Memory (NYSE:VMEM)
Latest Headlines for Violin Memory (NYSE:VMEM)
Violin Memory (VMEM) Chart for Friday, May, 26, 2017