A Look at the Latest Occurrences in the Technology Sector: Special Research on Sina Corp., Sky-mobi, Smith Micro, Splunk, and SPS Commerce
NEW YORK, March 19, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Sina Corp., (NASDAQ: SINA), Sky-mobi (NASDAQ: MOBI), Smith Micro (NASDAQ: SMSI), Splunk (NASDAQ: SPLK), and SPS Commerce (NASDAQ: SPSC). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links below.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
SINA Research Report: ( http://get.analystsreview.com/pdf/?c=Sina%20Corp.&d=19-Mar-2015&s=SINA ),
MOBI Research Report: ( http://get.analystsreview.com/pdf/?c=Sky-mobi&d=19-Mar-2015&s=MOBI ),
SMSI Research Report: ( http://get.analystsreview.com/pdf/?c=Smith%20Micro&d=19-Mar-2015&s=SMSI ),
SPLK Research Report: ( http://get.analystsreview.com/pdf/?c=Splunk&d=19-Mar-2015&s=SPLK ),
SPSC Research Report: ( http://get.analystsreview.com/pdf/?c=SPS%20Commerce&d=19-Mar-2015&s=SPSC ).
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Analyst Update: Quarterly Results, Appointments, and Collaborations
Reviewed by: Rohit Tuli, CFA®
U.S. stocks surged and closed higher on Wednesday, after the Federal Reserve suggested a less aggressive timeline for raising interest rates. The Dow Jones Industrial Average advanced 227.11 points, or 1.27%, to 18,076.19, the S&P 500 gained 25.14 points, or 1.21%, to 2,099.42 with all 10 S&P sectors ending the session higher on the day, and the NASDAQ Composite moved up 45.39 points, or 0.92%, to 4,982.83. The European markets closed mostly higher on Wednesday, with London rising as investors awaited the British government's annual budget, as FTSE 100 index added 0.28% to 6,857.01 points, Frankfurt's DAX 30 index won 0.18% to 12,002.24 points, and the CAC 40 in Paris rose 0.06% to 5,032.18 points. In Asia, most of the markets struggled to shake off concerns ahead of the U.S. Federal Reserve announcement. However, China's stock market rallied for a sixth straight day to the highest level since the global financial crisis in 2008, with the Shanghai Composite Index finishing up 2.1% at 3577.30, on hopes of further stimulus measures from Beijing to rejuvenate the sluggish economy.
Sina Corporation (Sina) has announced its Q4 2014 and full-year 2014 financial results. For the quarter, net income attributable to the Company stood at $59.8 million or $0.90 per diluted share, versus $44.5 million or $0.59 per diluted share in Q4 2013, while net revenues increased 7% YoY to $211.1 million.
Sky-mobi Limited (Sky-mobi) posted a 77.7% YoY increase in its revenue during Q4 2014 led by a robust 179.7% YoY jump in revenue from its smartphone business. Net profit for the quarter increased to RMB20.8 million ($3.3 million) from RMB4.8 million in Q4 2013.
Smith Micro Software, Inc. (Smith Micro) and Comverse have collaborated to bring innovative visual messaging solutions to service providers. In the integration, Comverse's voicemail technology is combined with Smith Micro's proven CommSuite® premium visual messaging platform, to enable service providers take visual voicemail and voice communications to new levels for subscribers, differentiate their offerings, and compete with OTT providers.
A provider of the leading software platform for real-time Operational Intelligence Splunk Inc. (Splunk) has appointed Amy Chang- CEO and founder of Accompani, a next-generation networking platform for professionals, to its Board of Directors effective as of March 10, 2015.
SPS Commerce, Inc. (SPS Commerce) has appointed Mike Carey as its Vice President of human resources and corporate services. Mr. Carey in his new role is responsible for advancing the Company's leadership in omnichannel retail by recruiting and growing the careers of high-caliber employees and executives on a worldwide basis.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider 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.
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