Financial Results, and Company Updates - Research Reports on Yelp, ASML, LinkedIn, Garmin and IAC
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, August 4, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Yelp, Inc. (NYSE: YELP), ASML Holding NV (NASDAQ: ASML), LinkedIn Corporation (NYSE: LNKD), Garmin Ltd. (NASDAQ: GRMN), and IAC/InterActiveCorp (NASDAQ: IACI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5414-100free.
Yelp, Inc. Research Reports
On July 30, 2014, Yelp, Inc. (Yelp) reported its Q2 2014 and H1 2014 financial results. For the quarter, net revenue was $88.8 million, reflecting a growth of 61.4% YoY. Net income stood at $2.7 million, or $0.04 per diluted share, compared to a net loss of $0.9 million, or $0.01 per diluted share in Q2 2013. Adjusted EBITDA was $17.2 million, compared to $7.8 million for Q2 2013. For H1 2014, adjusted EBITDA was approximately $25.8 million compared to $11.0 million in H1 2013. Yelp said that for Q3 2014, it expects net revenue to be in the range of $98 million to $99 million, and adjusted EBITDA to be in the range of $18 million to $19 million. For the full-year 2014 the Company anticipates net revenue to be in the range of $372 million to $375 million while adjusted EBITDA is expected range between $67 million to $69 million. The full research reports on Yelp are available to download free of charge at:
http://www.analystsreview.com/Aug-04-2014/YELP/report.pdf
ASML Holding NV Research Reports
On July 30, 2014, ASML Holding NV (ASML) issued a press release and confirmed that one customer has exposed more than 500 wafers on an NXE:3300B EUV system within 24 hours. Peter Wennink, ASML CEO stated, "We are pleased that one of our systems was able to expose 637 wafers in a day in an endurance test, which demonstrates the current capability of our EUV platform. The endurance test was designed to simulate a production run. The run exceeded the 500 wafer per day requirement that our customers had set us for the end of the year. However, since this is only a single data point, this performance now needs to be repeated on multiple days and multiple systems, which is the goal of our availability improvement programs that will be executed throughout the remainder of the year." The full research reports on ASML are available to download free of charge at:
http://www.analystsreview.com/Aug-04-2014/ASML/report.pdf
LinkedIn Corporation Research Reports
On July 31, 2014, LinkedIn Corporation (LinkedIn) announced its Q2 2014 financial results. Net revenue for the quarter jumped by 46.8% YoY to $533.9 million. Non-GAAP net income was $63.3 million or $0.51 per diluted share, compared to $44.5 million or $0.38 per diluted share in Q2 2013. For Q3 2014, the Company expects revenue to range between $543 million and $547 million while non-GAAP EPS is expected to be approximately $0.44. For full-year 2014, LinkedIn anticipates revenue to between $2.14 billion and $2.15 billion while non-GAAP EPS is expected to be approximately $1.80.The full research reports on LinkedIn Corporation are available to download free of charge at:
http://www.analystsreview.com/Aug-04-2014/LNKD/report.pdf
Garmin Ltd. Research Reports
On July 30, 2014, Garmin Ltd. (Garmin) reported its Q2 FY 2014 financial results (period ended June 28, 2014). Total revenues increased 11.7% YoY to $777.8 million. According to the Company, the sales numbers were driven largely by growth in its fitness and aviation segments. The Company reported a net profit of $182.0 million or $0.93 per diluted share, versus $172.5 million or $0.88 per diluted share in Q2 FY 2013. The Company upgraded its full-year FY 2014 guidance and is now targeting revenues of $2.75 billion to $2.85 billion and it also expects an improvement in gross and operating margins. However, on the same day shares of the Company, fell 5.5% to end at $54.41 as its outdoor product segment posted a 1% YoY dip in revenue and its new action camera, Virb, failed to impress customers. The full research reports on Garmin are available to download free of charge at:
http://www.analystsreview.com/Aug-04-2014/GRMN/report.pdf
IAC/InterActiveCorp Research Reports
On July 30, 2014, IAC/InterActiveCorp (IAC) reported Q2 2014 financial results. Consolidated revenue declined 5.4% YoY to $756.3 million, as solid growth at The Match Group and HomeAdvisor and strong growth at Vimeo were more than offset by declines at Search & Applications, the closure and sale of Newsweek print and digital and the restructuring of CityGrid Media. The Company reported net loss of $18.0 million or $0.22 per diluted share versus net income of $58.3 million or $0.67 per diluted share in Q2 2013. According to the Company, in the quarter it wrote down on certain investments which led the loss. The Company stated that adjusted EPS of $0.04 in Q2 2014 reflects the $66.6 million after-tax effect of the write-downs of certain investments that reduced adjusted profit by $0.75 a share. Analysts were expecting adjusted EPS of $0.79 cents on average, according to data compiled by Bloomberg. IAC increased its quarterly dividend to $0.34 per share, payable on September 1, 2014 to stockholders of record as of the close of business on August 15, 2014. The full research reports on IAC are available to download free of charge at:
http://www.analystsreview.com/Aug-04-2014/IACI/report.pdf
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
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.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article