Earnings Report, Pre-Launch Test Update, Recognitions, and Upgraded Offerings - Research Reports on Adobe, GT, ADP, Accenture and Activision Blizzard
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NEW YORK, August 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Adobe Systems Inc. (NASDAQ: ADBE), GT Advanced Technologies Inc. (NASDAQ: GTAT), Automatic Data Processing, Inc. (NASDAQ: ADP), Accenture PLC (NYSE: ACN) and Activision Blizzard, Inc. (NASDAQ: ATVI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5540-100free.
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Adobe Systems Inc. Research Reports
On July 25, 2014, Adobe Systems Inc. (Adobe) announced that Adobe Marketing Cloud has been recognized as a Strong Performer in "The Forrester Wave™: Digital Experience Delivery Platforms, Q3 2014" report by Forrester Research, Inc (Forrester). According to Adobe, it was among the select companies to be invited by Forrester to participate in the independent report, its first on the topic, which evaluated the 13 most significant software vendors in digital experience delivery platforms across 29 criteria. As per Adobe, it was positioned highest in current offering and among the top two vendors in strategy. The full research reports on Adobe are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/ADBE/report.pdf
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GT Advanced Technologies Inc. Research Reports
On August 4, 2014, GT Advanced Technologies Inc. (GT) reported a non-GAAP loss per share of $0.16 for Q2 FY 2014 (period ended June 28, 2014). On an average, nine analysts polled by Thomson Reuters expected GT to report a loss of $0.14 per share for the quarter. Revenues also decreased to $58.0 million from $168.3 million in Q2 FY 2013. For full-year FY 2014, the Company projects fully diluted non-GAAP EPS in the range of $0.12 to $0.18, the higher-end of the previously provided guidance, while revenues are estimated to be between $600 million to $700 million, the lower-end of the prior guidance. Tom Gutierrez, President and CEO of GT, said, "We have continued to see strong interest in our suite of sapphire production tools, including our ASF™ equipment. In fact, the sapphire segment of our business accounted for over 75% of the revenue in the quarter, with the majority of it related to the sale of sapphire production equipment." The full research reports on GT are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/GTAT/report.pdf
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Automatic Data Processing, Inc. Research Reports
On July 31, 2014, Automatic Data Processing, Inc. (ADP) announced Q4 FY 2014 (period ended June 30, 2014) earnings. ADP reported earnings of 60 cents per diluted share, which was slightly below the Zacks Consensus Estimate of 63 cents. Revenues increased 9.7% YoY to $3.07 billion during the quarter, surpassing Zacks consensus estimate of $3.03 billion. FY 2014, revenues increased 8.1% YoY to $12.2 billion. For FY 2015, ADP expects a growth of 7% to 8% in revenues and an 11% to13% growth in diluted EPS from continuing operations. Carlos Rodriguez, President and CEO, ADP, said, "New business bookings growth of 7% was slightly below our expectations, but I am pleased that new business bookings totaled over $1.4 billion for the year as these new recurring revenues will contribute to future revenue growth. Additionally, our Employer Services worldwide client revenue retention improved to 91.4% for the year, which is an all-time high." The full research reports on ADP are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/ADP/report.pdf
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Accenture PLC Research Reports
On August 4, 2014, Accenture PLC (Accenture) reported that it is offering a new version of its Air Cargo Operations software, part of the Accenture Freight and Logistics Software portfolio, aimed at helping air cargo carriers run more efficient and flexible cargo operations from acceptance of cargo at origin through delivery of cargo at destination. According to Accenture, new features offer air carriers better visibility into cargo discrepancies and better asset and warehouse management. Commenting on the new offering, Malcolm McNamara, Global Managing Director of Accenture Freight and Logistics Software, said, "Using Accenture's Air Cargo Operations software, our clients can gain real-time visibility into the entire shipment life cycle, enabling the proactive management and control tactics that ultimately help save time and costs." The full research reports on Accenture are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/ACN/report.pdf
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Activision Blizzard, Inc. Research Reports
On July 30, 2014, Activision Blizzard, Inc.'s (Activision Blizzard) wholly owned subsidiary Activision Publishing, and Bungie jointly announced that millions of people have played their upcoming and award-winning game - Destiny, during their beta test to gather vital information in preparation for launch. As per Activision Blizzard, the beta test began first on PlayStation®4 and PlayStation®3 on July 17, 2014 and came to a close on July 27, 2014 evening, with 4.6 million players participating. "This is the biggest beta of this console generation by a wide margin and the largest console beta ever for a new video game IP to date," said Eric Hirshberg, CEO of Activision Publishing. "Hosting a beta at this scale is an incredible feat, so we're thrilled to see the phenomenal response. But the beta is just a taste of what's to come. We're counting down the days to our launch day, September 9th." The full research reports on Activision Blizzard are available to download free of charge at:
http://www.analystsreview.com/Aug-07-2014/ATVI/report.pdf
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