New Software Solutions, Financial Results, and Upcoming Analyst Day Presentations - Research Report on EMC, Equinix, Cirrus Logic, Broadcom, and Take-Two
NEW YORK, November 4, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting EMC Corporation (NYSE: EMC), Equinix Inc. (NASDAQ: EQIX), Cirrus Logic, Inc. (NASDAQ: CRUS), Broadcom Corporation (NASDAQ: BRCM), and Take-Two Interactive Software, Inc. (NASDAQ: TTWO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
EMC Corporation Research Report
On October 29, 2013, RSA, the security division of EMC Corporation (EMC), unveiled RSA Vulnerability Risk Management (VRM), a new software solution designed to help organizations improve their overall security posture by analyzing massive amounts of vulnerability scan data and helping to identify and prioritize the highest risk vulnerabilities. The Company said that RSA VRM is engineered to leverage Big Data and advanced analytics to identify the most important vulnerabilities so they can be fixed quickly to limit risk and better prevent cyber-attacks. According to EMC, the additional benefits of the software solution include: comprehensive catalogs for both technical and business data for each IT asset; automation of manual tasks including workflow management, vulnerability lifecycle management, and reports generation; and detailed reports on KPIs, ROI of programs, and overall IT security risk posture of an organization. The Full Research Report on EMC 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/e5f1_EMC]
Equinix Inc. Research Report
On October 23, 2013, Equinix Inc. (Equinix) reported its Q3 2013 financial results. The Company's revenues increased 10.8% YoY to $540.5 million during the quarter. Net income attributable to Equinix was $36.6 million or $0.72 per diluted share in Q3 2013, compared to $28.8 million or $0.58 per diluted share in Q3 2012. Commenting on the results, Steve Smith, President and CEO of Equinix, said, "Equinix delivered its 43rd quarter of revenue and adjusted EBITDA growth, with healthy demand in our target markets as evidenced by the strong interconnection growth, operating margins and firm MRR per cabinet globally. In addition, we had a number of strategic wins in our cloud vertical, including a multi-site partnership with Microsoft Azure, that leverages our unique global platform, network density, and customer base to enable the hybrid-cloud deployments of the future, further widening the moat around our business." 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]
Cirrus Logic, Inc. Research Report
On October 29, 2013, Cirrus Logic, Inc. (Cirrus Logic) released its complete Q2 FY 2014 financial results (period ended September 28, 2013). The Company's net revenue declined 1.6% YoY to $190.7 million during the quarter. Net income was $33.4 million or $0.50 per diluted share in Q2 FY 2014, compared to net income of $35.4 million or $0.51 per diluted share in Q2 FY 2013. Commenting on the results, Jason Rhode, President and CEO of Cirrus Logic, said, "Q2 was another great quarter for Cirrus Logic as portable audio continued to be a key driver of our success and we made significant progress on our strategic initiatives. We are especially pleased with the addition of Acoustic Technologies to the Cirrus Logic team as they are expected to accelerate our progress toward our vision of being the preferred supplier of signal processing components." The Full Research Report on Cirrus Logic, 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/0f97_CRUS]
Broadcom Corporation Research Report
On October 23, 2013, Broadcom Corporation (Broadcom) announced that the Company will provide a live webcast of its annual Analyst Day event, beginning at 8:30 a.m. ET on December 10, 2013. The Company said that its Analyst Day includes a series of presentation by its executive team and is expected to conclude at approximately 1:00 p.m. ET. In addition, the Company said that it will present at two Q4 2013 investor conferences: UBS Global Technology Conference on November 20, 2013, where Broadcom's presentation begins at 2:45 p.m. PT at Cavallo Point: The Lodge at Golden Gate in Sausalito California; and 2013 Credit Suisse US Technology Conference on December 3, 2013, where Broadcom's presentation begins at 1:30 p.m. MT at the Phoenician Hotel in Scottsdale, Arizona. The Full Research Report on Broadcom 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/496f_BRCM]
Take-Two Interactive Software, Inc. Research Report
On October 29, 2013, Take-Two Interactive Software, Inc. (Take-Two) reported its Q2 FY 2014 financial results (period ended September 30, 2013). The Company's net revenue declined 45.5% YoY to $148.8 million during the quarter. Net loss was $124.1 million or $1.40 per diluted share in Q2 FY 2014, compared to net loss of $12.5 million or $0.15 per diluted share in Q2 FY 2013. Strauss Zelnick, Chairman and CEO of Take-Two, said, "During the fiscal second quarter, we delivered record Non-GAAP results driven by the unprecedented success of Rockstar Games' Grand Theft Auto V." He added, "We currently have more than ten unique titles planned for next-generation consoles, including multiple releases slated for fiscal 2015. As a result, I am confident that we will be able to achieve Non-GAAP profitability in fiscal 2015 and every year for the foreseeable future." The Full Research Report on Take-Two Interactive Software, 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/ec46_TTWO]
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