New Clients, Improved Services, and More Traffic Boost Revenues - Research Report on Equiix, Yandex, MercadoLibre, Sohu, and Ultimate Software

Editor Note: For more information about this release, please scroll to bottom.

News provided by

Aug 07, 2013, 08:00 ET

NEW YORK, August 7, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Equinix Inc. (NASDAQ: EQIX), Yandex NV (NASDAQ: YNDX), MercadoLibre Inc. (NASDAQ: MELI), Sohu.com Inc. (NASDAQ: SOHU), and The Ultimate Software Group, Inc. (NASDAQ: ULTI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Equinix Inc. Research Report

On July 30, 2013, Equinix, Inc. (Equinix) announced that Kontiki, a cloud-based enterprise video platform, has expanded its use of Platform Equinix to offer robust, reliable, low latency data delivery to its expanding European customer base. According to Equinix, Kontiki's usage expansion to Equinix LD4 International Business Exchange will bring Kontiki closer to its European customers by enhancing performance, speed of delivery, and efficiency to provide video services to enterprises. Further, Equinix stated that the deal facilitates Kontiki to have access to a global value-chain of more than 4,000 potential partners, customers, and suppliers of digital services through Equinix Marketplace, providing growth opportunities for the Company. 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]

Yandex NV Research Report

On July 28, 2013, Yandex NV (Yandex) announced that its worldwide users can opt for its offer to buy additional space in its cloud storage service, Yandex Disk. According to Yandex after 20GB of free storage space, Yandex offers additional cloud space in three sizes, of 10 GB, 100 GB or 1 TB for one month or a full year with no limit to the number of packages that a single user may purchase from the Yandex. The Company informed that a 10 GB package costs $1 for a month or $10 for a year, while 100 GB can be purchased for $5 or $50, and a 1 TB for $30 or $300, respectively. The Company stated that users from any country may pay with MasterCard or Visa, while those in Russia and Ukraine may also pay through Yandex.Money, although automatic renewal is available only to users paying by bank card. The Full Research Report on Yandex NV - 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/ba6c_YNDX]

MercadoLibre Inc. Research Report

On August 1, 2013, MercadoLibre Inc. (MercadoLibre) reported its Q2 2013 financial results with net revenues up 26.3% YoY to $112.2 million. Net income attributable to MercadoLibre shareholders was $30.0 million, or $0.67 per diluted share, compared to net income of $25.4 million or $0.57 per diluted share in Q2 2012. Marcos Galperin, President and CEO of MercadoLibre, said, "Our strong performance this quarter validates the strength of our ecosystem and highlights our ability to execute on our strategic initiatives. We continue to focus on improving the user experience on our platform, making it easier for consumers in the region to transition to on-line commerce, reflected in this second consecutive quarter of accelerating growth in sold items. We are pleased with our results thus far, and remain excited about the opportunity ahead of us." The Full Research Report on MercadoLibre 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/e189_MELI]

Sohu.com Inc. Research Report

On July 29, 2013, Sohu.com Inc. (Sohu) reported its unaudited financial results for Q2 2013. The Company's total revenues increased 32.5% YoY to $338.9 million. Net income attributable to Sohu was $21.6 million, or $0.56 per diluted share, in Q2 2013, compared to net income of 12.8 million or 0.28 per diluted share, in Q2 2012. Dr. Charles Zhang, Chairman and CEO of Sohu, commented, "We are pleased to report encouraging results across our business lines for the second quarter. Notably, for our online video business, most if not all operating metrics are ramping up fast during the first 7 months of 2013, showing robust growth in user, traffic and revenues. Sogou and Changyou businesses continued to track well, building further on their solid fundamentals." The Company expects Q3 2013 revenue to be within $358 million to$370 million. The Full Research Report on Sohu.com 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/732b_SOHU]

The Ultimate Software Group, Inc. Research Report

On July 30, 2013, The Ultimate Software Group, Inc. (Ultimate Software) reported its Q2 2013 financial results with total revenues up 23.1% YoY to $97.5 million. Net income was $4.9 million, or $0.17 per diluted share compared to $2.7 million or $0.09 per diluted share, in Q2 2012. Scott Scherr, Founder, President, and CEO of Ultimate Software, stated, "Our second quarter revenue results were in line with our expectations and our 2013 goals, and our operating margin once again exceeded our expectations." For Q3 2013, the Company expects recurring revenues of c.$84.0 million, total revenues of c.$103.0 million, and non-GAAP operating margin of c.18%. For full-year 2013, the Company expects recurring revenues and total revenues to increase 25%YoY and 23% YoY, respectively. The Company also expects non-GAAP operating margin of c.17% for full-year 2013. 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]

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 a CFA. 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 has, through Chartered Financial Analysts, 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.

www.AnalystsCorner.com

SOURCE Analysts' Corner