Product Launches, Acquisitions, and Broad Portfolio Boost Revenue Growth - Research Report on Intel, Microsoft, Infosys, SAIC, and Verint
NEW YORK, June 6, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Intel Corporation (NASDAQ: INTC), Microsoft Corporation (NASDAQ: MSFT), Infosys Ltd. (ADR) (NYSE: INFY), SAIC, Inc. (NYSE: SAI), and Verint Systems Inc. (NASDAQ: VRNT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Intel Corporation Research Report
On June 3, 2013, Intel Corporation (Intel) and Lenovo announced the availability of the Lenovo K900 Smartphone in several markets. Lenovo K900 is the first smartphone based on the latest Intel Atom Z2580 processor. The Company reported that with the addition of Thailand and Malaysia to its existing markets for K900, Lenovo has now increased the number of countries in which the smartphone is available to eight, with more to be announced in the summer of 2013. According to Lenovo, the K900 will appeal to customers around the world looking for sleek design, high quality and the latest innovations in smartphone technology. It offers a large display, high-end camera, and other features popular with customers in key emerging markets in Asia. By the end of the year 2013, Lenovo expects to offer the K900 smartphone in 10 new markets in addition to its current markets, which include China, India, Indonesia, Russia, the Philippines, and Vietnam. The Full Research Report on Intel Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3b9c_INTC]
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Microsoft Corporation Research Report
On June 3, 2013, Microsoft Corporation (Microsoft) and InCycle Software Inc. (InCycle Software) announced that Microsoft has reached an agreement to acquire the InRelease Business Unit from InCycle Software, a leading provider of application lifecycle management (ALM) services and Release Management solutions on the .NET platform. According to the Company, the acquisition of InRelease will add Release Management capabilities to Microsoft's ALM and DevOps solutions, helping customers deliver applications faster, better, and more efficiently. Under the terms of the agreement, Microsoft will acquire the business unit of InCycle Software that provides its InRelease automated deployment solutions, while InCycle Software will remain a separate entity focused on ALM consulting. Terms of the deal were not disclosed. The Full Research Report on Microsoft Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ce40_MSFT]
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Infosys Ltd. (ADR) Research Report
On June 1, 2013, Infosys Ltd. (Infosys) announced that the Company's Board has appointed Mr. N R Narayana Murthy as the Executive Chairman of the Board and Additional Director with effect from June 1, 2013. Mr. Murthy's election would be placed for the consideration of the Company's shareholders at the Annual General Meeting (AGM) on June 15, 2013. Subject to his election as a Director at the AGM, the Board will discuss the resolutions for convening an extraordinary general meeting within the requisite period, in order to seek approval from the shareholders for appointing him as the Executive Chairman and Whole-Time Director for a period of five years starting June 1, 2013. The Full Research Report on Infosys Ltd. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/e5ea_INFY]
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SAIC, Inc. Research Report
On June 3, 2013, SAIC, Inc. (SAIC) announced financial results for Q1 FY 2014 (period ended May 3, 2013). Revenues decreased to $2.7 billion, from $2.8 billion in Q1 FY 2013. According to the Company, revenues were impacted by the ramp down of certain contracts and the tightening of the U.S. Government budget, partially offset by growth in the Health and Engineering segment primarily resulting from the acquisition of maxIT Healthcare Holdings, Inc. in FY 2013. Net income was $81 million compared to $117 million in Q1 FY 2013. Commenting on the results, John P. Jumper, SAIC Chairman and Chief Executive Officer, said, "Our performance for the quarter was consistent with our expectations and reflects the difficult government market characterized by spending reductions and procurement delays associated with sequestration." For full-year FY 2014, the Company expects revenues in the range of $10 to $10.7 billion and diluted EPS in the range of $1.16 to $1.33. The Full Research Report on SAIC, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ca4c_SAI]
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Verint Systems Inc. Research Report
On June 3, 2013, Verint Systems Inc. (Verint) announced its unaudited financial results for Q1 FY 2014 (period ended April 30, 2013). On a GAAP basis, the Company's revenue increased to $204.8 million compared to $196.6 million in Q1 FY 2013. Operating income was $13.7 million, compared to $21 million in Q1 FY 2013. GAAP net loss per diluted share was $0.18, compared to GAAP net income per diluted share of $0.16 in Q1 FY 2013. Commenting on the results, Dan Bodner, Verint's Chief Executive Officer and President, said, "We are pleased with our first quarter results which overall were in line with our expectations. We believe we are well positioned for another year of growth with our broad portfolio of innovative analytical solutions and strong competitive position in the enterprise and security intelligence markets." For full-year FY 2014, the Company expects revenue to increase between 6% and 7% YoY, and diluted EPS between $2.70 and $2.80. According to I/B/E/S Estimates, analysts on average expect the Company to report revenue of $902 million and EPS of $2.76 for FY 2014. The Full Research Report on Verint Systems Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/fdf1_VRNT]
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SOURCE Wall Street Reports
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