Expansion, Conference Calls Schedules, Financial Results, Appointments, and Agreements - Research Report on Facebook, Qihoo 360, Equinix, Ultimate Software, and Phoenix New Media
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, November 14, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Facebook, Inc. (NASDAQ: FB), Qihoo 360 Technology Co. Ltd (NYSE: QIHU), Equinix, Inc. (NASDAQ: EQIX), The Ultimate Software Group, Inc. (NASDAQ: ULTI), and Phoenix New Media Limited (NYSE: FENG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Facebook, Inc. Research Report
On November 7, 2013, Facebook, Inc. (Facebook) announced that the Company is opening an office in Cambridge, Massachusetts. According to the Company, Facebook Boston will be home to its fifth official engineering team, joining the established groups in Menlo Park, Seattle, New York, and London. Additionally, Facebook stated that the Boston crew will focus on infrastructure projects in areas like networking, storage, security, along with language runtimes. The Full Research Report on Facebook, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/f38c_FB]
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Qihoo 360 Technology Co. Ltd Research Report
On November 11, 2013, Qihoo 360 Technology Co. Ltd (Qihoo 360) announced that it will report its Q3 2013 financial results before the U.S. markets open on Monday, November 25, 2013. According to Qihoo 360, the Company's management will also host a conference call to discuss the financial results on the same day at 7:30 a.m. ET (8:30 p.m. Beijing time). The Full Research Report on Qihoo 360 Technology Co. Ltd - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/b0e4_QIHU]
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Equinix, Inc. Research Report
On November 4, 2013, Equinix, Inc. (Equinix) announced the appointment of Pete Hayes as Chief Sales Officer (CSO). According to Equinix, Pete Hayes, in his new role, will directly lead the Global Accounts, Global Sales Operations and Commercial Solutions organizations, and will also be responsible for driving coordinated sales execution across regional sales teams worldwide. According to the Company, Mr. Hayes is expected to play an important role in driving the next phase of the Company's growth in the data center industry. Commenting on the appointment, Charles Meyers, COO, Equinix, stated, "Pete is a world-class sales and marketing executive with an impressive track record in building and developing high-impact organizations - we are thrilled to have Pete join Equinix and bring his talent to capturing the opportunity ahead of us." The Full Research Report on Equinix, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/9fff_EQIX]
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The Ultimate Software Group, Inc. Research Report
On October 29, 2013, The Ultimate Software Group, Inc. (Ultimate) released its Q3 2013 financial results. The Company's total revenues were up by 24.8% YoY to $103.1 million during the quarter. Net income for Q3 2013 was $6.3 million or $0.22 per diluted share, compared to net income of $4.7 million or $0.16 per diluted share in Q3 2012. Commenting on the results, Scott Scherr, CEO, President, and Founder of Ultimate stated, "In this year's third quarter, we again executed according to plan with both our recurring and total revenues coming in slightly above guidance. Our operating margin was also on the positive side of our target, and we are well-positioned to achieve our 2013 objectives. We showcased two new products at the HR Technology Conference in Las Vegas earlier this month that strategically extend the capabilities of our HCM offering, and both generated market enthusiasm." The Full Research Report on The Ultimate Software Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/df0d_ULTI]
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Phoenix New Media Limited Research Report
On November 11, 2013, Phoenix New Media Limited (Phoenix New Media) announced that it has entered into definitive agreements with IDG-Accel China Growth Fund III L.P. and IDG-Accel China III Investors L.P. for an investment of millions in US Dollars to accelerate development of the Phoenix FM App business. According to the Company, the strategic investment in the Phoenix FM App business will focus on developing audio apps for smartphones which offer listeners audio content such as news, radio programs, audiobooks and educational courses. Commenting on the release, Mr. Shuang Liu, CEO of the Company stated, "Through partnering with one of China's premier internet and media investors, we are able to more aggressively develop the Phoenix FM App by leveraging IDG-Accel Funds' unparalleled media experience and resources. As our users continue to demand access to our premium and differentiated content anytime and anywhere, we are confident we will further expand our user-reach to include the growing number of radio listeners, commuters, and auto-owners in China." The Full Research Report on Phoenix New Media Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/ccd0_FENG]
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