CUI Global Second Quarter Results - Lots Of Irons In The Fire [Seeking Alpha]
CUI GLOBAL (CUI)
Last cui global earnings: 11/7 05:30 am
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US:NASDAQ Investor Relations:
cuiglobal.com/mna
Company Research
Source: Seeking Alpha
While I have been reluctant to add to any stock right now and have been weighing any purchases carefully, I did add a bit to CUI Global (NASDAQ: CUI ) after the release of their second quarter results . As a reminder, the company operates in two segments. Their Power and Electromechanical segment sells power supplies, power monitoring and interconnect products, and has recently collaborated with a small start-up called VPS Partners to create a technology for datacenter power management called ICE. In the Energy segment, CUI Global offers their GasPT gas analyzer system, a newly developed odorizer, VE probes for sampling gas and performs integration and engineering project work. Segment Results The company had an improved second quarter, mostly due to the Power and Electromechanical segment. That segment saw a big jump in revenue, from $13.6 million in the first quarter to $18.2 million in the second quarter. The company attributed the jump to an inventory refresh from
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