Quarterly Financial Results, New Launches, Acquisitions, Appointments and Cost Saving Technologies - Research Report on NetApp, Eaton, Ametek, Fusion-io, and Acuity Brands
NEW YORK, August 23, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting NetApp, Inc. (NASDAQ: NTAP), Eaton Corporation (NYSE: ETN), Ametek Inc. (NYSE: AME), Fusion-io, Inc. (NYSE: FIO), and Acuity Brands, Inc. (NYSE: AYI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
NetApp, Inc. Research Report
On August 14, 2013, NetApp, Inc. (NetApp) reported its Q1 FY 2014 financial results (period ended July 26, 2013). Total revenues for the quarter were $1.5 billion, up 5.0% YoY. GAAP net income totaled $81.6 million or $0.23 per diluted share, compared to $63.8 million or $0.17 per diluted share in Q1 FY 2013. Commenting on the results, Tom Georgens, President and CEO, said, "Despite an uneven macro environment, our branded business was strong, with 9% year-over-year growth. This is evidence of the tremendous value we are delivering to customers today and their confidence in our long-term strategy to enable them to navigate the future." The Company anticipates Q2 FY 2014 revenue to be in the range of $1,560 million to $1,660 million and GAAP EPS to be in the range of $0.41 to $0.46 per share. The Full Research Report on NetApp, 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/797d_NTAP]
Eaton Corporation Research Report
On August 9, 2013, Eaton Corp. (Eaton) announced the launch of a new line of type CH and BR circuit breaker surge protective devices (SPD). The Company claims that CH and BR SPD are ideal for applications where there is a high risk of lightning strikes or poor power quality and is also well suited for homes with technologically advanced electronic equipment and appliances. "Eaton is dedicated to expanding the horizons of what is possible for home surge protection," said Lanson Relyea, Product Manager, Residential Breakers and Surge Protection, Eaton. "By combining a breaker with surge protection, the new CH and BR surge breakers improve effectiveness and response time, deliver greater protection and give homeowners added peace of mind." The Full Research Report on Eaton 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/9d5a_ETN]
Ametek Inc. Research Report
On August 7, 2013, Ametek Inc. (Ametek) announced that it has acquired Controls Southeast, Inc. (CSI), a leading manufacturer of custom-engineered thermal solutions, from Industrial Growth Partners for approximately $160 million. Commenting on the acquisition, Frank S. Hermance, AMETEK Chairman and CEO said, "CSI is a great addition to AMETEK. Its products are highly differentiated and complementary to our Process & Analytical Instruments Division. CSI is an excellent fit with our Process Instruments and O'Brien businesses." The Company informed that CSI will be a part of its Electronic Instruments Group. The Full Research Report on Ametek 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/7504_AME]
Fusion-io, Inc. Research Report
On August 5, 2013, Fusion-io Inc. (Fusion-io) announced that its board of Directors has appointed John F. Olsen as the Director of the Company, effective August 1, 2013. According to Fusion-io, Mr. Olsen is a seasoned board member with 30 years of experience in technology leadership and management consulting, and will serve on the Audit Committee and Nominating and Corporate Governance Committee of the Company's Board. "We are pleased to welcome John to the board of directors," said Shane Robison, Chairman and CEO of Fusion-io. "John's experience in steering technology companies through key stages of growth should add tremendous value to our business." The Full Research Report on Fusion-io, 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/4767_FIO]
Acuity Brands, Inc. Research Report
On August 14, 2013, Acuity Brands, Inc. (Acuity) announced that its LED lighting and Controls has been selected by Tampa General Medical Group for its new family care center in Brandon, Florida. According to the Company, the clinic features modern lighting technologies that reduce energy costs but still provide quality lightning for medical staff and patients. "The long life of the LEDs translates to less maintenance," said Jose Marotta, Tampa General Hospital Chief Electrical Engineer. "It helps keep everyone comfortable while saving the most amount of money." The Full Research Report on Acuity Brands, 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/5923_AYI]
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SOURCE Analysts' Corner
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