|By PR Newswire||
|April 25, 2014 08:01 AM EDT||
NEW YORK, April 25, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Xerox Corporation (NYSE: XRX), Applied Materials Inc (NASDAQ: AMAT), NXP Semiconductors NV (NASDAQ: NSPI), Linear Technology Corporation (NASDAQ: LLTC) and Polaris Industries, Inc. (NYSE: PII). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1659-100free.
Xerox Corporation Analyst Notes
On April 22, 2014, Xerox Corporation (Xerox) announced its Q1 2014 financial results. The Company's total revenues declined 1.6% YoY to $5.1 billion, mainly due to a 4% fall in revenues from its Document Technology business, which contributed 40% of total revenues. Revenue from the company's Services business, which represented 57% of total revenue, was $2.9 billion, flat year over year. Net income attributable to Xerox declined to $281 million, or $0.23 per diluted share, from $296 million, or $0.23 per diluted share, in Q1 2013. "Good profitability in Document Technology along with strength in document outsourcing and in commercial outsourcing services contributed positively to our results," said Ursula Burns, Xerox Chairman and CEO. "But these gains were offset by higher-than-anticipated investments in our government healthcare business as we implement new Medicaid and health insurance exchange platforms." The full analyst notes on Xerox are available to download free of charge at:
Applied Materials Inc Analyst Notes
On April 15, 2014, Applied Materials, Inc. (Applied Materials) announced that it has completed the assembly of a Superconducting Fault Current Limiter (SCFCL) system for installation and on-grid testing at the Knapps Corners substation owned and operated by Central Hudson Gas and Electric Corp. (Central Hudson) in New York. According to Applied Materials, this SCFCL system is designed to provide grid reliability and protect Central Hudson's electricity grid from the destructive effects of electrical faults. It is scheduled to become operational in May 2014. Om Nalamasu, Senior Vice President, Chief Technology Officer, Applied Materials, said, "We anticipate that the successful demonstration of our superconducting fault current limiter in New York will be a significant milestone in showing the potential of this technology for wide-scale adoption by electric utilities globally." The full analyst notes on Applied Materials are available to download free of charge at:
NXP Semiconductors NV Analyst Notes
On April 21, 2014, NXP Semiconductors N.V. (NXP) issued a press release showcasing its cutting edge technology for total mobile solutions, which reflects the Company's long-term commitment and dedication to enable security and connectivity for a smarter world. The Company stated that its contactless NFC, or near field communications chip, is widely being used in mobile phones as well as banking and transportation cards. NXP further added that its NFC solution has been selected by the majoy mobile phone brands in Greater China. "Being fully aware of the increasing growth of mobile devices, NXP has been collaborating with partners globally to modernize the way people connect and interact with the world," said Steve Owen, Executive Vice President, NXP. The full analyst notes on NXP Semiconductors are available to download free of charge at:
Linear Technology Corporation Analyst Notes
On April 15, 2014, Linear Technology Corporation (Linear Technology) reported financial results for the Q3 FY 2014 (period ended March 30, 2014). The Company's revenues during the quarter increased 10.6% YoY and 4.0% sequentially to $348.0 million. The Company stated that book-to-bill ratio was positive for the quarter and bookings increased sequentially in all of our major markets, with the automotive, industrial and communications markets showing the most gains. Net income during the quarter was $117.6 million, or $0.48 per diluted share, compared to $111.0 million, or $0.46 per diluted share, in Q3 FY 2013. The Company expects sequential revenue growth of 2% to 6% for Q4 FY 2014. The full analyst notes on Linear Technology are available to download free of charge at:
Polaris Industries, Inc. Analyst Notes
On April 23, 2014, Polaris Industries Inc. (Polaris Industries) reported record Q1 2014 results with net income of $80.9 million, or $1.19 per diluted share, as compared to net income of $75.5 million, or $1.07 per diluted share, in Q1 2013. Polaris Q1 2014 EPS beats Thomson Reuters' consensus estimates of $1.16. Company's net sales for Q1 2014 totaled $888.3 million, representing an increase of 19.1% from Q1 2013 sales of $745.9 million. Polaris's operating income increased to $126.7 million during the Q1 2014. Additionally, the Company raised guidance for full-year 2014 and now expects earnings to be in the range of $6.30 to $6.45 per diluted share from continuing operations, an increase of 17% to 19% over 2013 earnings of $5.40 per diluted share from continuing operations. The full-year 2014 sales growth is expected to lie in the range of 14% to 16% over full-year 2013 sales. The full analyst notes on Polaris Industries are available to download free of charge at:
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