|By PR Newswire||
|April 25, 2014 08:01 AM EDT||
NEW YORK, April 25, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Medidata Solutions, Inc. (NASDAQ: MDSO), LinkedIn Corporation (NYSE: LNKD), Qihoo 360 Technology Co. Ltd. (NYSE: QIHU), Cree, Inc. (NASDAQ: CREE) and Lexmark International Inc. (NYSE: LXK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1657-100free.
Medidata Solutions, Inc. Analyst Notes
On April 22, 2014, shares of Medidata Solutions Inc. (Medidata) plunged 22.74% closing at $40.71 after the Company's disappointing Q1 2014 financial results. The stock oscillated in the range $37.15 - $43.50 and dropped to an eight-month low during the session. The trading volume reached 10.51 million, approximately 10 times the volume in the previous trading session. Total revenues for Q1 2014 were $76.6 million, versus $63.3 million in Q1 2013. Adjusted non-GAAP net income was $5.9 million, or $0.11 per diluted share, compared with $9.1 million, or $0.17 per diluted share, in Q1 2013. Analysts expected EPS of $0.16 for Q1 2014. The full analyst notes on Medidata are available to download free of charge at:
LinkedIn Corporation Analyst Notes
On April 18, 2014, LinkedIn Corporation (LinkedIn) announced that it has reached 300 million members in more than 200 countries and territories. LinkedIn has added more than 23 million members since December 31, 2013. Presently 67% of LinkedIn members are located outside the U.S. Besides crossing 300 million members globally, the Company also exceeded more than 100 million members in the U.S. The Company's envisions connecting all of the world's professionals and anticipates continued growth. The full analyst notes on LinkedIn are available to download free of charge at:
Qihoo 360 Technology Co. Ltd. Analyst Notes
On April 23, 2014, Qihoo 360 Technology Co. Ltd. (Qihoo 360) announced that it has formed a strategic partnership with Sungy Mobile Limited. Qihoo 360 will utilize Sungy Mobile's international app distribution platform to launch various mobile security and mobile utility applications, comprising of system cleanup and battery management apps, in key markets such as the U.S. According to the Company, through this partnership, more and more overseas users will be able to enjoy the same level of high quality protection and convenience provided by Qihoo 360, along with currently over 500 million Chinese smartphone users. Commenting on the development, Hongyi Zhou, Chairman and CEO, Qihoo 360, said, "We are extremely excited to work with Sungy Mobile through this partnership. The two companies have a lot in common in focusing on delivering the best and most innovative products and services to mobile users." The full analyst notes on Qihoo 360 are available to download free of charge at:
Cree, Inc. Analyst Notes
On April 22, 2014, lighting solutions provider Cree Inc. (Cree) announced revenue of $405.3 million for Q3 FY 2014 (period ended March 30, 2014), representing a 16.2% YoY increase. On a non-GAAP basis, net income was $47.7 million, or $0.39 per diluted share, compared to non-GAAP net income of $40.8 million, or $0.34 per diluted share in Q3 FY 2013. Looking ahead, for Q4 FY 2014 (period ended June 29, 2014), Cree is targeting revenue in the range of $430 million to $460 million, while GAAP net income is targeted at $28.2 million to $36.3 million, or $0.23 to $0.29 per diluted share. Shares of Cree tumbled 12.08% on April 23, 2014, ending the trading session at $51.04. The full analyst notes on Cree are available to download free of charge at:
Lexmark International Inc. Analyst Notes
On April 22, 2014, shares of Lexmark International Inc. (Lexmark) sank 11.2% closing at $41.52 after the Company reported solid Q1 2014 results, but weak forward earnings guidance. Lexmark reported total revenue of $877.7 million for Q1 2014, down 0.75% YoY, but beating average analysts' estimate of $855.8 million. The Company reported GAAP earnings of $0.46 per share in Q1 2014, down by 25.8% YoY because of weaker revenue in its product segment and higher operating expenses. For Q2 2014, the Company forecasted an adjusted profit of $0.85 to $0.95 per share on a revenue decline of 2% to 4%. Analysts, on average, were looking for Q2 2014 earnings of $0.94 per share on revenue of $856.08 million. The full analyst notes on Lexmark are available to download free of charge at:
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
May. 4, 2016 07:45 AM EDT Reads: 1,174
May. 4, 2016 07:30 AM EDT Reads: 389
May. 4, 2016 07:00 AM EDT Reads: 1,031
May. 4, 2016 07:00 AM EDT Reads: 814
May. 4, 2016 06:00 AM EDT Reads: 1,243
May. 4, 2016 05:30 AM EDT Reads: 390
May. 4, 2016 05:00 AM EDT Reads: 1,232
May. 4, 2016 04:45 AM EDT Reads: 1,333
May. 4, 2016 12:45 AM EDT Reads: 1,184
May. 3, 2016 11:00 PM EDT Reads: 1,278
May. 3, 2016 10:00 PM EDT Reads: 1,364
May. 3, 2016 09:45 PM EDT Reads: 389
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
May. 3, 2016 08:45 PM EDT Reads: 1,294
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
May. 3, 2016 08:45 PM EDT Reads: 996