Financial Results, Stock Offerings, Global Expansions, and Appointment - Research Report on Crown Castle, tw telecom, Ubiquiti Networks, Level 3, and Telephone & Data Systems
NEW YORK, November 12, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Crown Castle International Corp. (NYSE: CCI), tw telecom Inc. (NASDAQ: TWTC), Ubiquiti Networks, Inc. (NASDAQ: UBNT), Level 3 Communications Inc. (NYSE: LVLT), and Telephone & Data Systems Inc. (NYSE: TDS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Crown Castle International Corp. Research Report
On October 28, 2013, Crown Castle International Corp. (Crown Castle) reported that it has closed its concurrent offerings of 41.4 million shares of common stock at $74.00 per share and c.9.8 million shares of its 4.50% Mandatory Convertible Preferred Stock, Series A, at $100.00 per share. According to the Company, the amounts sold include 5.4 million shares of common stock and c.1.3 shares of Mandatory Convertible Preferred Stock issued in accordance with the underwriters' exercise of the overallotment options. Crown Castle informed that it generated net proceeds worth $2.98 billion and $949.6 million from common stock offering and the Mandatory Convertible Preferred Stock offering, respectively. Morgan Stanley, BofA Merrill Lynch, J.P. Morgan Securities LLC and Barclays served as joint book-running managers for aforesaid the offerings. The Full Research Report on Crown Castle International Corp. - 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/5977_CCI]
--
tw telecom inc. Research Report
On November 6, 2013, tw telecom inc. (tw telecom) reported its Q3 2013 financial results. tw telecom's revenue was $393.2 million up 6.6% YoY during the quarter. Net loss for the quarter stood at $9.4 million, compared to a net income of $21 million in Q3 2012. Larissa Herda, tw telecom's Chairman, CEO and President, commented, "We achieved strong financial and operational execution, as we grew revenue, delivered healthy margins and generated ongoing cash flow and invested in growth initiatives, launched new products and executed on our share repurchase plan. We have a comprehensive, balanced approach to win market share and we believe our targeted initiatives, including a new market expansion announced today to enter five new markets and accelerate the expansion of over a third of our existing markets, will increase our sales momentum and the trajectory of our revenue growth." The Full Research Report on tw telecom 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/6b7b_TWTC]
--
Ubiquiti Networks, Inc. Research Report
On November 7, 2013, Ubiquiti Networks, Inc. (Ubiquiti Networks) reported financial results for Q1 FY 2014 (period ending September 30, 2013) with revenues of $129.7 million, indicating an increase of 110.8% YoY. GAAP net income was $40.5 million or $0.45 per diluted share in Q1 FY 2014, compared to a net income of $13.2 million or $0.14 per diluted share in Q1 FY 2013. Robert J. Pera, Founder, CEO and Executive Chairman of Ubiquiti Networks, commented, "Ubiquiti is continuing to demonstrate the financial leverage, scalability and disruptive power of our business model. With our strong pipeline of innovative products, growing traction in the enterprise business and improving execution we believe that we are well positioned for future growth." The Full Research Report on Ubiquiti Networks, 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/771e_UBNT]
--
Level 3 Communications Inc. Research Report
On November 7, 2013, Level 3 Communications Inc. (Level 3) reported a significant expansion to its content delivery network (CDN), as it enhanced its geographic presence with new points of presence (PoP) in Europe, Asia, Middle East, Africa and Latin America. The Company informed that the expansion, which is likely to be completed by the end of 2013, focuses on regions with fast-growing broadband populations. Mark Taylor, Vice President of Media and IP Services at Level 3 commented, "Level 3 has a strategic focus around growing its content delivery network to address the ever-increasing globalization and mobility of entertainment, news and sports content." Talylor added, "The growth we're seeing in just a year's time is astonishing. With expansions in EMEA, Asia and LATAM, we are building a network for the future of Internet consumption and the massive adoption of mobile platforms." The Full Research Report on Level 3 Communications 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/fa4c_LVLT]
--
Telephone & Data Systems Inc. Research Report
On November 1, 2013, Telephone & Data Systems Inc. (Telephone & Data Systems) reported that its business subsidiary, United States Cellular Corporation (U.S. Cellular) has appointed Jay M. Ellison to spearhead its sales and customer service operations, with immediate effect. Kenneth R. Meyers, U.S. Cellular's President and CEO, commented, "Jay Ellison brings a deep and broad understanding of U.S. Cellular and the wireless industry to this role. His operational leadership and sales and distribution experience, along with his demonstrated customer focus and passion for our company culture, will help us drive results as we execute on our strategic plan to accelerate customer growth. I want to thank Carter Elenz for his dedicated leadership and passion for providing great customer service, which have been valuable to our sales and customer service organization." The Full Research Report on Telephone & Data Systems 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/172e_TDS]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- 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.
- 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 [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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
Equity News Network 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
Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article