NEW YORK, October 28, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Nokia Corporation (NYSE: NOK), Citrix Systems, Inc. (NASDAQ: CTXS), ServiceNow, Inc. (NYSE: NOW), Infinera Corporation (NASDAQ: INFN) and KLA-Tencor Corporation (NASDAQ: KLAC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7488-100free.
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Nokia Corporation Research Reports
On October 23, 2014, the Finland-based Nokia Corporation (Nokia) announced its Q3 2014 financial results. The Company, which completed the sale of its handset business to Microsoft in April this year, said its net sales in Q3 2014 grew 13.1% YoY to €3.3 billion. Revenues from the Company's core Networks unit grew to €2.9 billion in Q3 2014 from €2.6 billion in the year ago period. Nokia Networks also achieved an operating profit margin of 13.5%, beating the analysts' average forecast of 9.9% in a Reuters poll. Nokia's operating profit during the quarter increased 32.9% YoY to €457 million. Analysts polled by Reuters had expected the Company's operating profit at €359 million. Looking ahead, Nokia expects Nokia Networks' non-IFRS operating margin for the full year 2014 to be slightly above 11%. Nokia's ADRs gained 5.93% to close at $8.40. The full research reports on Nokia are available to download free of charge at:
http://www.analystsreview.com/Oct-28-2014/NOK/report.pdf
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Citrix Systems, Inc. Research Reports
On October 22, 2014, Citrix Systems, Inc. (Citrix) announced its Q3 2014 financial results. The Company's total net revenues during the quarter increased 6.5% YoY to $759.0 million. Citrix's GAAP net income in Q3 2014 declined to $48 million, or $0.29 per diluted share, from $77 million, or $0.41 per diluted share, in Q3 2013. The Company's Q3 2014 GAAP net income included charge of approximately $21 million related to a previously disclosed patent lawsuit, as well as a restructuring charge of $3 million for severance costs. Excluding special items, Citrix earned $0.75 per share in Q3 2014, up from $0.70 per share in the year earlier period. Meanwhile, Citrix projects full-year 2014 net revenue in the range of $3.13 billion to $3.14 billion, and non-GAAP EPS in the range of $3.22 to $3.25. Citrix Shares fell 4.54% to close at $61.84 on October 23, 2014. The full research reports on Citrix are available to download free of charge at:
http://www.analystsreview.com/Oct-28-2014/CTXS/report.pdf
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ServiceNow, Inc. Research Reports
On October 22, 2014, ServiceNow, Inc. (ServiceNow) announced its financial results for Q3 2014. ServiceNow's revenue during the quarter increased 60.6% YoY to $178.7 million. The Company's GAAP net loss for Q3 2014 widened to $41.1 million, or a $0.28 loss per diluted share, compared with a GAAP net loss of $14.7 million, or a $0.11 loss per diluted share, in Q3 2013. Excluding special items, the Company said its net income was $5.7 million or $0.03 per share, compared to $2.2 million or $0.01 per share in Q3 2013. On average, analysts polled by Reuters expected ServiceNow to report EPS of $0.01 on revenue of $174.43 million. Looking ahead, the Company expects total revenues between $192 million and $194 million for Q4 2014. Full-year 2014, revenues are projected to be between $677 million to $679 million. On October 23, 2014, shares of the Company rose 11.14% to close at $64.54. The full research reports on ServiceNow are available to download free of charge at:
http://www.analystsreview.com/Oct-28-2014/NOW/report.pdf
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Infinera Corporation Research Reports
On October 22, 2014, Infinera Corporation (Infinera) announced its Q3 2014 financial results. The Company reported revenue for the quarter at $173.6 million, up 22.3% YoY. Infinera's net income increased to $4.8 million, or $0.04 per diluted share, in Q3 2014, from $3.3 million or $0.03 per diluted share in the corresponding quarter of last year. On an adjusted basis, Infinera reported net income at $0.11 per share, up from $0.10 per share in Q3 2014 and topping the average estimates of a loss of $0.07 per share in a Reuters' poll of analysts. Shares of the Company jumped 30.91% to close at $13.89 on October 23, 2014. The full research reports on Infinera are available to download free of charge at:
http://www.analystsreview.com/Oct-28-2014/INFN/report.pdf
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KLA-Tencor Corporation Research Reports
On October 23, 2014, KLA-Tencor Corporation (KLA-Tencor) announced its Q1 FY 2015 financial results (period ended September 30, 2014). The Company reported net income of $72.2 million, or $0.43 per diluted share, compared to $111.2 million or $0.66 per diluted share in the year ago period. On an adjusted basis, the Company earned $0.47 per diluted share in the quarter, beating the average analyst estimates by a cent in a Reuters poll. KLA-Tencor's revenue for Q1 FY 2015 came in at $642.9 million, down 2.3% YoY. In addition, the Company announced that its Board of Directors has authorized the financing of a leveraged recapitalization, which would feature a special cash dividend of $16.50 per share, representing approximately 23% of the Company's common stock price as of October 22, 2014, or an aggregate value of approximately $2.75 billion. The full research reports on KLA-Tencor are available to download free of charge at:
http://www.analystsreview.com/Oct-28-2014/KLAC/report.pdf
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