Financial Results, Board Elections, Earnings Release Schedules, and Management Appointments - Analyst Notes on Plug Power, TE Connectivity, Methode Electronics, Acuity Brands, and Maxwell

NEW YORK, March 24, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Plug Power Inc. (NASDAQ: PLUG), TE Connectivity Ltd. (NYSE: TEL), Methode Electronics, Inc. (NYSE: MEI), Acuity Brands, Inc. (NYSE: AYI), and Maxwell Technologies, Inc. (NASDAQ: MXWL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

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Plug  Power  Inc.  Analyst  Notes

On March 13, 2014, Plug Power Inc. (Plug Power) reported Q4 2013 and full-year 2013 financial results. In Q4 2013, the Company reported total revenue of $8.0 million, up 35.6% YoY, while full-year 2013 total revenues were up 1.9% YoY to $26.6 million. Quarterly net loss came in at $28.9 million, or $0.28 loss per share, compared to a net loss of $8.5 million, or $0.22 loss per share, in Q4 2012. Full-year 2013 net loss was $62.8 million, or $0.83 loss per share, compared to $31.9 million, or $0.93 loss per share, for full-year 2012. "Although a lot has happened since our last call, I am more bullish than ever that Plug Power is moving into a rapid-growth cycle," said Andy Marsh, CEO of Plug Power. "We kicked off the first quarter of 2014 by signing a multi-site, multi-year GenKey contract with Walmart that surpassed our Q1 goals. I firmly believe that this continuing momentum will carry on throughout 2014, and that orders for this year will total more than $150 million - almost four times our total for 2013. We also are on track to achieve our goal of EBITDAS break even by Q3 2014." The full analyst notes on Plug Power Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/PLUG/report.pdf

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TE  Connectivity  Ltd.  Analyst  Notes

On March 12, 2014, TE Connectivity Ltd. (TE Connectivity) announced the election of Laura H. Wright to the Company's Board of Directors. Wright is a Trustee of Pebblebrook Hotel Trust since 2009, and serves on the Board of CMS Energy since February 2013. The Company informed that the election was approved by shareholders during the TE Connectivity 2014 annual general meeting held on Tuesday, March 4, 2014. The full analyst notes on TE Connectivity Ltd. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/TEL/report.pdf

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Methode  Electronics,  Inc.  Analyst  Notes

On March 13, 2014, Methode Electronics, Inc. (Methode Electronics) reported financial results for Q3 FY 2014 (period ended February 1, 2014). During the quarter, the Company' net sales increased 54.3% YoY to $189.8 million. Net income stood at $14.6 million or $0.38 per share in Q3 FY 2014, compared to $3.3 million or $0.09 per share in Q3 FY 2013. The Company stated that the reported quarter benefitted from higher sales volumes in the Automotive, Interconnect, and Power Products segments; increased efficiencies due to higher sales and vertical integration of painting and laser-etching capabilities in the Automotive segment; and favorable raw material commodity pricing and product mix in the Power Products segment. For full-year FY 2014, Methode Electronics expects sales of $720.0 million to $750.0 million, and EPS between $1.70 and $1.90. The full analyst notes on Methode Electronics, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/MEI/report.pdf

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Acuity  Brands,  Inc.  Analyst  Notes

On March 12, 2014, Acuity Brands, Inc. (Acuity Brands) announced that it has scheduled a conference call on April 2, 2014 at 10:00 a.m. ET to discuss the Company's Q2 FY 2014 financial performance. Acuity Brands informed that its Chairman, President, and CEO, Vernon J. Nagel, will lead the call. Prior to the call, the Company will issue a press release containing the quarterly results. The full analyst notes on Acuity Brands, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/AYI/report.pdf

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Maxwell  Technologies,  Inc.  Analyst  Notes

On March 13, 2014, Maxwell Technologies, Inc. (Maxwell) announced the appointment of David Wojciechowski as the Company's Vice President of Sales - Americas. Prior to joining Maxwell, Wojciechowski was Vice President of Sales for Power One, a member group of ABB and a leading manufacturer of photo voltaic inverters in the solar power industry. "Dave is a seasoned sales executive with an engineering background and extensive experience in the semiconductor and photo voltaic solar power inverter markets, which give him excellent credentials to lead our ultracapacitor sales organization in the Americas," said John Warwick, Interim President and CEO of Maxwell. The full analyst notes on Maxwell Technologies, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/MXWL/report.pdf

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EDITOR  NOTES:

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