New Products, Financial Results, and Prestigious Recognitions - Research Report on SolarCity, Avago Technologies, Synopsys, International Rectifier, and Cabot Microelectronics
NEW YORK, December 10, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting SolarCity Corporation (NASDAQ: SCTY), Avago Technologies Limited (NASDAQ: AVGO), Synopsys Inc. (NASDAQ: SNPS), International Rectifier Corporation (NYSE: IRF), and Cabot Microelectronics Corporation (NASDAQ: CCMP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
SolarCity Corporation Research Report
On December 4, 2013, SolarCity Corporation (SolarCity) launched a smart energy storage system, SolarCity DemandLogic, to address two major pain points for business: rising utility demand charges and increasing grid outages. According to SolarCity, the new system can allow businesses to reduce energy costs by using stored electricity to reduce peak demand, and can also provide backup power during grid outages. Commenting on the new system launch, Peter Rive, SolarCity's Chief Technology Officer and Chief Operations Officer, said, "Utilities have altered their rate structures such that demand charges are rising faster than overall energy rates, and businesses are bearing the bulk of those increases." Rive continued, "Time is money, but so are control and predictability. Our storage systems can give businesses the tools to address all three-delivering immediate savings, protection against escalating demand charges and optional, grid-independent backup power in case of outages." The Full Research Report on SolarCity Corporation - 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/9fe0_SCTY
Avago Technologies Limited Research Report
On December 4, 2013, Avago Technologies Limited (Avago) released its Q4 FY 2013 and full-year FY 2013 financial results (period ended November 3, 2013). Avago registered net revenues of $738 million in Q4 FY 2013, up 19.4% YoY; and $2.5 billion in full-year FY 2013, up 6.6% YoY. The Company posted net income of $172 million in the quarter, up 8.2% YoY; and $552 million in full-year FY 2013, down 2.0% YoY. Avago also reported diluted EPS of $0.68 in Q4 FY 2013, up 6.3% YoY; and $2.19 in full-year FY 2013, down 2.7% YoY. Hock Tan, President and CEO of Avago said, "Looking into the first quarter of 2014 we expect revenue to decline in all of our target markets with our typical seasonality. We also expect wireless will continue to face volatility throughout the year caused by major product launches."
The Full Research Report on Avago Technologies 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/a6fc_AVGO
Synopsys Inc. Research Report
On December 4, 2013, Synopsys Inc. (Synopsys) released its Q4 FY 2013 and full-year FY 2013 results (period ended October 31, 2013). Synopsys registered total revenues of $504.9 million, up 11.2% YoY in Q4 FY 2013, and $2.0 billion, up 11.7% YoY in full-year FY 2013. During the quarter, the Company posted net income of $56.9 million, or $0.36 per share, compared to $29.1 million, or $0.19 per share in Q4 FY 2012. Net income for FY 2013 was $247.8 million, or $1.58 per share, compared to $182.4 million, or $1.21 per share, for FY 2012. Commenting on the results, Aart de Geus, Chairman and Co-CEO of Synopsys said, "Synopsys achieved excellent results in fiscal year 2013, and we are seeing strong product and customer momentum." De Geus added, "Amid a landscape characterized by a mix of economic uncertainty and aggressive investment in designs, Synopsys is in a very strong competitive position, as many key customers rely on us to accelerate their differentiation and speed their time to market." The Full Research Report on Synopsys 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/89b8_SNPS
International Rectifier Corporation Research Report
On November 26, 2013, International Rectifier Corporation (IR) announced that its IRS2538DS control IC has been recognized by EDN Magazine as one of the "100 Hot Products of 2013." According to the Company, the 2013 EDN Hot 100 highlights the electronics industry's most significant products of the year based on innovation, significance, usefulness, and popularity. Adam White, IR's Senior Vice President, Global Sales, commented, "We are pleased that the IRS2538DS has been named an EDN Top 100 product. The device delivers all of the benefits of an electronic ballast solution such as high efficiency, small size, light weight, and no lamp flicker while additionally offering excellent reliability and cost efficiencies for an affordable, greener alternative to existing approaches." The Full Research Report on International Rectifier Corporation - 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/a7bc_IRF
Cabot Microelectronics Corporation Research Report
On November 26, 2013, Cabot Microelectronics Corporation (Cabot) announced that it has received an Outstanding Supplier Performance Award from Microchip Technology Inc. Cabot stated that the recognition is for the Company's significant contributions in providing CMP slurries and pads solutions deemed essential to Microchip's success. Kathy Clevenger, Microchip's Vice President of Manufacturing Operations at Fab 4, stated, "Cabot Microelectronics has made valuable contributions to Microchip's CMP polishing platforms, by providing excellent technology and performance." Clevenger continued, "Its team provides Microchip with technical expertise along with excellent customer service and continuous improvement. We appreciate the value and commitment Cabot Microelectronics brings to Microchip, and look forward to continuing our long-term relationship." The Full Research Report on Cabot Microelectronics Corporation - 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/b656_CCMP
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