New Products, Financial Results, and Recognitions - Research Report on IBM, Motorola Solutions, Altera, F5 Networks, and Celestica
NEW YORK, October 28, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting International Business Machines Corp. (NYSE: IBM), Motorola Solutions Inc. (NYSE: MSI), Altera Corporation (NASDAQ: ALTR), F5 Networks, Inc. (NASDAQ: FFIV), and Celestica Inc. (NYSE: CLS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
International Business Machines Corp. Research Report
On October 22, 2013, International Business Machines Corp. (IBM) announced a new cloud solution that combines software analytics and cloud security services to keep away web-based Distributed Denial of Services (DDoS) attacks for organizations which do business on the web and in the cloud. IBM stated that as part of the cloud solution, it will integrate Akamai Technologies Inc.'s (Akamai) always-on cloud-based web security solution, "Kona Site Defender" with IBM's Cloud Security Services portfolio. Kris Lovejoy, General Manager, IBM Security Services, commented, "The partnership with Akamai combines a world-class security team and an intelligent network platform to strengthen cloud security. Together with Akamai, IBM can provide both proactive and reactive DDoS protection from the increasing frequency, scale and sophistication of these attacks." The Full Research Report on International Business Machines 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/1c4d_IBM]
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Motorola Solutions Inc. Research Report
On October 23, 2013, Motorola Solutions Inc. (Motorola Solutions) announced its Q3 2013 financial results. The Company's net sales declined 1.9% YoY to $2.1 billion during the quarter. Net earnings attributable to Motorola Solutions were $307.0 million or $1.16 per diluted share in Q3 2013 compared to net earnings attributable to Motorola Solutions of $206.0 million or $0.72 per diluted share in Q3 2012. Commenting on the results, Greg Brown, Chairman and CEO of Motorola Solutions, said, "In the third quarter, we expanded operating margins, reduced costs and delivered double-digit EPS growth. In addition, we are on track to achieve 18 percent operating margin for the full year." The Company stated that its outlook for full-year 2013 is for revenues to be approximately flat year-on-year and Non-GAAP earnings per share from continuing operations in the range of $4.63 to $4.70. The Full Research Report on Motorola Solutions 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/e869_MSI]
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Altera Corporation Research Report
On October 21, 2013, Altera Corporation (Altera) announced four new reference designs that leverage the power technology obtained through the Company's acquisition of Enpirion®. According to Altera, the reference designs offer field-programmable gate array (FPGA) users and board developers turnkey power solutions that increase power efficiency by up to 35.0%, reduce board area by up to 50.0%, and reduce overall bill-of-material (BOM) bulk capacitance costs by up to 50.0% versus competing power solutions. The Company said that these Altera power-optimized reference designs are offered to customers as downloadable design packages and are demonstrated in hardware on Altera development kits. Mark Davidson, Marketing Director of the Power Business Unit at Altera, said, "Altera has answered our customers' calls by providing complete, easy-to-use, highly-efficient power solutions that are engineered to work alongside our industry-leading FPGA devices. With these solutions we are delivering more value to our customers by helping them build better systems in less time." The Full Research Report on Altera 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/eab3_ALTR]
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F5 Networks, Inc. Research Report
On October 23, 2013, F5 Networks, Inc. (F5) announced its Q4 FY 2013 financial results (period ended September 30, 2013). The Company's total revenues increased 9.0% YoY to $395.3 million. Net income was $76.2 million or $0.97 per diluted share in Q4 FY 2013 compared to net income of $67.7 million or $0.85 per diluted share in Q4 FY 2012. Commenting on the results, John McAdam, F5 President and CEO, said, "The fourth quarter of fiscal 2013 was a positive finish to the year, characterized by strong demand for our new products and increasing traction in new and emerging market opportunities." F5 stated that for Q1 FY 2014 (period ending December 31, 2013), it has set a revenue target of $390-$400 million and GAAP earnings target of $0.81-$0.84 per diluted share. The Full Research Report on F5 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/57ea_FFIV]
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Celestica Inc. Research Report
On October 22, 2013, Celestica Inc. (Celestica) announced that it has received the 2013 Supplier of the Year award from EMC, recognizing the Company for developing innovative solutions in support of EMC's business goals and continued operational excellence throughout its global network. Commenting on the award, Craig Muhlhauser, CEO, Celestica, said, "This recognition is testament to our global EMC team demonstrating the dedication to continuous improvement and working together to deliver innovative solutions that consistently meet or exceed EMC's expectations. Thank you to our partner, EMC, for acknowledging our commitment and contribution to their business success." The Full Research Report on Celestica 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/78cd_CLS]
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