Public Offer Pricing, Recognitions, Partnership Transactions, and Financial Results - Analyst Notes on Examworks, Convergys, Cintas, Shutterstock and Vringo

NEW YORK, May 16, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Examworks Group, Inc. (NYSE: EXAM), Convergys Corporation (NYSE: CVG), Cintas Corporation (NASDAQ: CTAS), Shutterstock Inc. (NYSE: SSTK) and Vringo, Inc. (NASDAQ: VRNG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2550-100free.

Examworks Group, Inc. Analyst Notes
On May 13, 2014, ExamWorks Group, Inc. (ExamWorks) announced the pricing of its underwritten public offering of 3.1 million shares of its common stock by certain selling stockholders, to be sold at $33.90 per share. The Company informed that the offering represents approximately 8.0% of total outstanding common stock which results to $105.0 million aggregate proceeds to the selling stockholders before underwriting discount and commissions. ExamWorks added that the underwriters have been granted a 30-day option to purchase up to an additional 464,443 shares of common stock. The full analyst notes on Examworks are available to download free of charge at:

http://www.analystsreview.com/2550-EXAM-16May2014.pdf

Convergys Corporation Analyst Notes
On May 13, 2014, Convergys Corporation (Convergys) announced that it received 2014 Large Employer of the Year award for the Longview Area Chamber of Commerce. The Company informed that Pablo Rendon, Site Leader of the Longview Call Center, will accept the award in recognition of Convergy's outstanding contributions to the community. Commenting on the recognition, Rendon said, "This is something that I have the extreme pleasure of accepting on behalf of a team of amazing individuals that I have the true privilege of working with on a daily basis. As we grow this year - so will our impact on the local economy. We appreciate the opportunity to work within an amazing business community and are truly humbled and grateful for this award." The full analyst notes on Convergys are available to download free of charge at:

http://www.analystsreview.com/2550-CVG-16May2014.pdf

Cintas Corporation Analyst Notes
On May 1, 2014, Cintas Corporation (Cintas) announced the completion of its previously announced partnership transaction with shareholders of Shred-it International Inc., combining Cintas' document shredding business with Shred-it's document shredding business. Under the agreement, the newly formed partnership will be 42% owned by Cintas and 58% by the shareholders of Shred-it, and the partnership is expected to generate annual revenues of more than $600 million. The Company stated that in addition to its 42% ownership, Cintas also received $180 million in cash at the closing of transaction. Cintas added that the transition and integration plan of the two shredding business is expected to take 18 months. The full analyst notes on Cintas are available to download free of charge at:

http://www.analystsreview.com/2550-CTAS-16May2014.pdf

Shutterstock Inc. Analyst Notes
On May 8, 2014, Shutterstock Inc. (Shutterstock) reported its Q1 2014 financial results. Revenue increased 42.4% YoY to $72.8 million. Net income stood at $4.9 million, or $0.14 per diluted share, compared with $5.5 million, or $0.16 per diluted share in Q1 2013. "We had a very strong first quarter, with consistent growth across all regions worldwide," said Founder and CEO Jon Oringer. "Our core markets and product offerings performed very well, while more recently introduced revenue streams from Enterprise sales and video footage licensing doubled as compared to the prior year. That strong growth, combined with our recent acquisition of digital asset management provider WebDAM, sets up a terrific foundation for us to build on throughout 2014." The Company expects Q2 2014 and full-year 2014, revenues to be in the range of $76 million to $78 million, and $315 to $320 million, respectively. The full analyst notes on Shutterstock are available to download free of charge at:

http://www.analystsreview.com/2550-SSTK-16May2014.pdf

Vringo, Inc. Analyst Notes
On May 8, 2014, Vringo, Inc. (Vringo) reported its Q1 2014 financial results. The Company reported loss from continuing operations, which remained flat at $10.9 million. According to the Company, the net loss from continuing operations was attributable to reasons such as $4.6 million operating legal costs, $1.9 million general, administrative and other expenses, and $4.7 million non-cash expenses. Total net loss (both from continuing and discontinuing operations) stood at $11.1million $0.13 per diluted share, compared with $12.0 million or $0.15 per diluted share in Q1 2013. The full analyst notes on Vringo are available to download free of charge at:

http://www.analystsreview.com/2550-VRNG-16May2014.pdf

About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.

===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.analystsreview.com/

SOURCE Analysts Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED