New Products, Financial Results and Schedule of Earnings Results by Technology Sector - Research Report on Crown Castle International, NetEase.com, Palo Alto Networks, Nam Tai Electronics, and Molex
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NEW YORK, August 8, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Crown Castle International Corp. (NYSE: CCI), NetEase.com, Inc. (NASDAQ: NTES), Palo Alto Networks, Inc. (NYSE: PANW), Nam Tai Electronics, Inc. (NYSE: NTE), and Molex Inc. (NASDAQ: MOLX). 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 July 24, 2013, Crown Castle International Corp. (Crown Castle) reported its Q2 2013 financial results posting net revenues of $734.9 million, a 25.5% YoY increase, whereas site rental revenue stood at $616.8 million, up 19.2% YoY. Net income attributable to Crown Castle stockholders was $52.4 million or $0.18 per diluted share, compared to net income of $116 million or $0.40 per diluted share in Q2 2012. Crown Castle's President and CEO Ben Moreland, stated, "We had an excellent second quarter, producing AFFO per share of $1.04, up 41% over the same quarter last year. In addition, we saw a significant increase in leasing activity as all four major carriers in the US continued upgrading their networks for LTE and capacity enhancements. In fact, revenue from tenant additions approximately doubled in the second quarter of 2013, compared to the second quarter of 2012, reflecting the shift in activity towards network densification as carriers strive to improve network quality and to add capacity through cell-splitting to meet the increasing demand for mobile technology." Crown Castle expects Q3 2013 and FY 2013 site rental revenue to be within $617 million to $622 million and $2,471 million to $2,481 million, respectively. 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]
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NetEase.com, Inc. Research Report
On July 24, 2013, NetEase.com, Inc. (NetEase.com) announced that the Company will release its Q2 2013 financial results after the close of the US market on August 14, 2013. The Company informed that a simultaneous webcast of NetEase.com's earnings teleconference call will be held on the same day at 9:00 p.m. ET by the management team to discuss the results and answer questions. NetEase.com added that the replay of the call will be available on the Company's website for 12 months. The Full Research Report on NetEase.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/d59f_NTES]
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Palo Alto Networks, Inc. Research Report
On August 1, 2013, Palo Alto Networks, Inc. (Palo Alto Networks) scheduled to release its Q4 FY 2013 and FY 2013 (period ended July 31, 2013) financial results after the market closes on September 9, 2013. The Company informed that it will host a conference call on the same day at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results and live audio webcast of the conference call will be accessible through Palo Alto Networks website, while an archive of same will be available for 1 year. Full Research Report on Palo Alto 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/4cd6_PANW]
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Nam Tai Electronics, Inc. Research Report
On August 5, 2013, Nam Tai Electronics, Inc. (Nam Tai) reported its Q2 2013 financial results. Revenue increased 64.1% YoY to $167.9 million. Net loss in Q2 2013 was $31.9 million or $0.71 per diluted share, compared to net income of $9.4 million or $0.21 per diluted share in Q2 2012. Nam Tai informed that loss in Q2 2013 was mainly due to its discontinued production operations of LCM in its Wuxi facility and the Company also factored in increased deferred tax expenses of $5.3 million in Wuxi, a debt provision of $2.2 million and a lay-off compensation of $1.2 million for its net loss. The Company reported that its management expects the customer orders to continue to be volatile with increasing pressure to reduce sales price, which can lead to a reduced amount of electronic manufacturing services (EMS) for its customers. The Full Research Report on Nam Tai Electronics, 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/290c_NTE]
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Molex Inc. Research Report
On July 30, 2013, Molex Inc. (Molex) released MX150L Industrial Sealed Connector System, which is a rugged solution designed for the severe conditions found in commercial vehicles, marine equipment, and industrial power modules and equipment. According to the Company, this system exceeds IEC IP67 waterproof requirements for sealed connectors and has been fully tested under submersed conditions in various fluids. Molex also informed that the MX150L connectors support low-level signal applications as well as power applications up to 40.0A and customers can choose from wire-to-wire, wire-to-panel and wire-to-board configurations and a wide range of wire styles and insulation thicknesses for maximum design flexibility. Commenting on the new product release, Chip Walsh, Product Manager of Molex, said, "Electronic control units in commercial vehicle applications are exposed to harsh environments, which means the internal electronics need to withstand contamination from dust, water and harsh chemicals, wide temperature swings and high vibration. The MX150L is an innovative yet cost-effective solution that specifically addresses these demanding conditions." The Full Research Report on Molex 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/f112_MOLX]
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