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Financial Results, Market Activity Updates, Upcoming Events, and New Storage Solutions - Research Reports on Splunk, Avago, First Solar, NetApp and Seagate

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NEW YORK, September 2, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Splunk, Inc. (NASDAQ: SPLK), Avago Technologies Limited (NASDAQ: AVGO), First Solar, Inc. (NASDAQ: FSLR), NetApp, Inc. (NASDAQ: NTAP) and Seagate Technology PLC (NASDAQ: STX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6151-100free.

Splunk, Inc. Research Reports
On August 28, 2014, Splunk, Inc. (Splunk) announced its Q2 FY 2015 financial results (period ended July 31, 2014). Splunk's revenue in the quarter rose 51.9% YoY to $101.5 million. The Company added over 500 new customers during the quarter, taking the total number of customers to over 7,900 worldwide. Splunk's GAAP net loss in Q2 FY 2015 widened to $60.8 million, or $0.51 per diluted share, from $13.7 million or $0.13 per diluted share in Q2 FY 2014. On non-GAAP basis, the Company net income was $0.01 per diluted share versus a net loss of $0.01 per diluted share in the year ago period. On an average, analysts polled by Reuters expected Splunk to report a loss of $0.02 per share (excluding special items). Additionally, Splunk has raised its FY 2015 revenue guidance range to $423 million-$428 million from previously forecasted range of $402 million-$410 million. The Q3 FY 2015 revenues are estimated in the range of $105 million-$107 million. The full research reports on Splunk are available to download free of charge at:


Avago Technologies Limited Research Reports
On August 28, 2014, Avago Technologies Limited (Avago) announced its Q3 FY 2014 financial results (period ended August 3, 2014). The Company's net revenue during the quarter almost doubled to $1.27 billion from $644 million in the corresponding quarter of the previous fiscal. The Company reported a net loss of $164 million or $0.65 per diluted share in Q3 FY 2014, compared with a net income of $142 million or $0.56 per diluted share in Q3 FY 2013. Avago's Q3 FY 2014 total operating expenses more than tripled to $555 million from $164 million in the year ago period. On non-GAAP basis, Avago reported diluted EPS of $1.26, up from $0.74 in Q3 FY 2013. Looking ahead, the Company expects Q4 FY 2014 revenues to grow by 18-22% QoQ. The full research reports on Avago are available to download free of charge at:


First Solar, Inc. Research Reports
On August 28, 2014, the stock of First Solar, Inc. (First Solar) declined 1.21% to end the trading session at $69.15. Shares in First Solar opened the session at $69.32, and fluctuated in the range of $68.27 - $69.80, with a total of 1.86 million shares changing hands. Over the last one month, the stock has increased by 5.75%, outperforming the Dow Jones Industrial Average which rose 0.99% during the same period. The full research reports on First Solar are available to download free of charge at:


NetApp, Inc. Research Reports
On August 28, 2014, NetApp, Inc. (NetApp) announced that Tom Georgens, Chairman and CEO, will participate in a fireside chat at the Citi Tech Conference on September 2, 2014 at 11:00 a.m. ET. Furthermore, Nick Noviello, the Company's Executive Vice President, Finance and Operations and CFO, will participate in a fireside chat at the Deutsche Bank Tech Conference on September 9, 2014 at 2:40 p.m. PT. According to the Company, webcasts of the fireside chats will be available at NetApp's website. The full research reports on NetApp are available to download free of charge at:


Seagate Technology PLC Research Reports
On August 26, 2014, Seagate Technology PLC (Seagate) announced that it is shipping the world's first 8TB hard disk drive, designed to meet the demand for high capacity storage in a world bursting with digital creation, consumption and long-term storage. According to Seagate, its 8TB hard disk drive provides scale-out data infrastructures with supersized-capacity, energy-efficiency and the lowest total cost of ownership (TCO) in the industry for cloud content, object storage and back-up disaster recovery storage. Seagate further added that the 8TB drive delivers bulk data storage solutions for online content storage providing customers with the highest capacity density needed to address an ever increasing amount of unstructured data in an industry-standard 3.5-inch HDD. The Company said that it has started shipping the drive to select customers with wide scale availability next quarter. The full research reports on Seagate are available to download free of charge at:


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