Partnerships, Stock Updates, and Financial Results - Analyst Notes on LogMeIn, NQ Mobile, Imperva, Open Text and Proofpoint
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, May 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding LogMeIn, Inc. (NASDAQ: LOGM), NetQin Mobile Inc. (NYSE: NQ), Imperva Inc. (NYSE: IMPV), Open Text Corp. (NASDAQ: OTEX) and Proofpoint, Inc. (NASDAQ: PFPT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2200-100free.
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LogMeIn, Inc. Analyst Notes
On May 5, 2014, LogMeIn, Inc.'s (LogMeIn) stock declined 3.28%, ending the day at $43.04. Over the previous five trading sessions, shares of LogMeIn increased 12.82% compared to the Nasdaq Composite which gained 1.56% during the same period. The full analyst notes on LogMeIn are available to download free of charge at:
http://www.analystsreview.com/2200-LOGM-08May2014.pdf
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NetQin Mobile Inc. Analyst Notes
On May 5, 2014, NetQin Mobile Inc. (NQ Mobile) reported that NQ Live will deliver the default music user experience on Sprint's new HTC One® (M8) Harman Kardon® edition. The Company stated that Sprint has also extended its partnership with NQ Mobile and chose NQ Music Radar as the music search, discovery and recognition technology for the device. In accordance with the terms of the deal, Sprint will provide the NQ Live-powered music user experience, named Music Live, together with Music Radar fully incorporated with Sprint Music Plus on the HTC One M8 Harman Kardon edition, to be shipped in May 2014. Gavin Kim, President - International and Chief Commercial Officer, NQ Mobile, commented, "The future of mobile isn't about apps as much as it is about interactivity, immersion and effortlessly personalized content delivery. We're elated to be working with Sprint to produce the next generation of mobile experiences." The full analyst notes on NQ Mobile are available to download free of charge at:
http://www.analystsreview.com/2200-NQ-08May2014.pdf
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Imperva Inc. Analyst Notes
On May 1, 2014, Imperva Inc. (Imperva) announced its Q1 2014 financial results. The Company's Q1 2014 total revenue was $31.5 million versus $28.6 million in Q1 2013. Within total revenue, product revenue was c.$12 million versus $14.2 million in Q1 2013. GAAP operating loss in Q1 2014 was $17.8 million versus operating loss of c.$6 million during Q1 2013. GAAP net loss attributable to Imperva stockholders for Q1 2014 was $17.4 million or $0.69 per diluted share, compared to net loss attributable to Imperva stockholders of $6.1 million or $0.25 per diluted share in Q1 2013. For Q2 2014, the Company expects revenue to be in the range of $33.0 million to $36.0 million, and non-GAAP net loss to be in the range of $0.37 to $0.47 per share. The full analyst notes on Imperva are available to download free of charge at:
http://www.analystsreview.com/2200-IMPV-08May2014.pdf
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Open Text Corp. Analyst Notes
On April 24, 2014, Open Text Corp. (Open Text) announced its financial results for Q3 FY 2014 (period ended March 31, 2014). Total revenues for the quarter increased 31.1% YoY to $442.8 million while net income attributable to OpenText grew 77.8% YoY to $45.9 million. Highlights for the quarter included the Company's acquisition of GXS, a Maryland-based leader in business-to-business (B2B) cloud integration; the launch of Experience Suite to provide an omni-channel digital experience strategy; and the opening of its first Australian data centre for locally hosted OpenText Cloud Services. OpenText CEO Mark J. Barrenechea commented, "With our intelligent growth strategy, we are focused on delivering value through acquisitions, innovation and now an increased dividend program. Our newly upgraded EIM product suite is driving customer demand, and reinforces our market position as a leader in EIM." The full analyst notes on Open Text are available to download free of charge at:
http://www.analystsreview.com/2200-OTEX-08May2014.pdf
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Proofpoint, Inc. Analyst Notes
On May 5, 2014, Proofpoint, Inc.'s (Proofpoint) stock increased 0.17%, ending the day at $28.90. For the past month, shares of Proofpoint declined 21.23% compared to the Nasdaq Composite which increased 0.25% during the same period. The full analyst notes on Proofpoint, are available to download free of charge at:
http://www.analystsreview.com/2200-PFPT-08May2014.pdf
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