Educational Programs, Dividends, Quarterly Financial Results and Corporate Sustainability Reports - Research Report on SunPower, Garmin, ION, Geospace Technologies, and Itron

NEW YORK, August 23, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting SunPower Corporation (NASDAQ: SPWR), Garmin Ltd. (NASDAQ: GRMN), ION Geophysical Corporation (NYSE: IO), Geospace Technologies Corporation (NASDAQ: GEOS), and Itron, Inc. (NASDAQ: ITRI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

SunPower Corporation Research Report

On August 5, 2013, SunPower Corporation (SunPower) announced that approximately 250 students from ten California school districts are taking part in the Company's academic program, SunPower Solar Science Academy, to be held in summer 2013. SunPower's Managing Director, Bill Kelly, said, "In the process of learning about solar technology and energy solutions for residential, commercial and power plant applications, the students' enthusiasm and ability to understand complex concepts is very inspiring. SunPower is proud to provide this opportunity, and of the increased number of participants in the Solar Science Academy program this year." Further, Fresno Unified School District's (FUSD's) Organization Development and Change Management Program Manager, Ellie Honardoost, said, "At Edison High School, we are excited about working with SunPower to offer new opportunities to students and staff, The SunPower Solar Science Academy helps our educators bring relevant and real-life applications of knowledge into the classroom while preparing students for challenges of the 21^st century." The Full Research Report on SunPower Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a0ad_SPWR]

Garmin Ltd. Research Report  

On August 7, 2013, Garmin Ltd. (Garmin) announced that its Board of Directors has approved September 30, 2013 as the payment date for the next dividend installment of $0.45 per share, to shareholders of a record date of September 16, 2013. Garmin stated that earlier in its 2013 annual meeting, shareholders of the Company have approved a cash dividend of $1.80 per share, to be paid in four equal installments during the fiscal. According to the Company, the board expects the remaining two quarterly dividends of $0.45 per share each, to be paid on December 31, 2013 and on March 31, 2014, to shareholders of record date of December 16, 2013, and March 17, 2014, respectively. The Full Research Report on Garmin Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0c20_GRMN]

ION Geophysical Corporation Research Report

On August 7, 2013, ION Geophysical Corporation (ION) reported its Q2 2013 financial results with total net revenues of $120.9 million, up 14.9% YoY. According to ION, during Q2 2012, the Company increased its legal accrual related to the WesternGeco legal matter, which had a negative impact on its results. Including the legal accrual, the Company's net loss attributable to common shares was $71.7 million or $0.45 per diluted share, in Q2 2013, compared to net income attributable to common shares of $12.0 million or $0.08 per diluted share, in Q2 2012. Greg Heinlein, the Company's CFO, commented, "Looking ahead to the second half of 2013, new venture program investments will be more weighted than recent years toward the back half of the year, with full year spending now expected to be in the range of $120 million to $140 million." He continued, "We continue to view our seabed technology as an important strategic growth driver for ION and have maintained our interest in the seabed joint venture at 30% to ensure that our go-to-market strategy optimizes our return on investment in Calypso." The Full Research Report on ION Geophysical Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1c8c_IO]

Geospace Technologies Corporation Research Report  

On August 6, 2013, Geospace Technologies Corporation (Geospace) reported its Q3 FY 2013 financial results (period ended June 30, 2013) with revenues of $78.1 million, up 41.6% YoY, and gross profit of $33.9 million, up 47.5% YoY. Net income was $17.0 million or $1.31 per diluted share, in Q3 FY 2013, compared to $10.7 million or $0.83 per diluted share, in Q3 FY 2012. Gary D. Owens, Geospace's Chairman, President and CEO, said, "During the third quarter, we completed the acquisition of a 9.6 acre tract of land adjacent to our Pinemont property in Houston, Texas. We expect to close the purchase of another 7.7 acre adjacent tract of property which, when combined with the 9.6 acre tract, will expand our Pinemont property to almost 37 acres. These new properties will give the company additional flexibility for designing and building a major expansion to our manufacturing facilities and research center." The Full Research Report on Geospace Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c1f6_GEOS]

Itron, Inc. Research Report  

On August 13, 2013, Itron, Inc. (Itron) announced the release of its 2012 Corporate Sustainability Report. The report highlights the Company's efforts reduce its carbon footprint and encourage good environmental stewardship at its locations around the globe, besides including reports from decreased water and energy consumption to increased recycling activities. According to the report, Itron was also recognized by Corporate Responsibility Magazine (CR Magazine) as one of the 100 Most Improved Corporate Citizens for 2012. Philip Mezey, President and CEO at Itron, stated, "Itron is committed to building a more resourceful world and ensuring the proper management of precious energy and water resources." The Full Research Report on Itron, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/eb65_ITRI]

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SOURCE Analysts' Corner