Quarterly Financial Results, Upcoming Earnings Schedules and New Refinancing Facilities - Research Report on Google, Sohu.com, Bitauto, Acxiom, and Travelzoo
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NEW YORK, October 22, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Google Inc. (NASDAQ: GOOG), Sohu.com Inc. (NASDAQ: SOHU), Bitauto Holdings Limited (NYSE: BITA), Acxiom Corporation (NASDAQ: ACXM), and Travelzoo Inc. (NASDAQ: TZOO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Google Inc. Research Report
On October 17, 2013, Google Inc. (Google) reported its Q3 2013 financial results. During the quarter, the Company reported consolidated revenues of $14.9 billion, up 11.9% YoY. Google's consolidated GAAP net income in Q3 2013 was c.$3.0 billion, or $8.75 per diluted shares, compared with $2.2 billion, or $6.53 per diluted shares in Q3 2012. "Google had another strong quarter with $14.9 billion in revenue and great product progress," said Larry Page, CEO of Google. "We are closing in on our goal of a beautiful, simple, and intuitive experience regardless of your device." The Full Research Report on Google 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/cec2_GOOG]
Sohu.com Inc. Research Report
On October 14, 2013, Sohu.com Inc. (Sohu.com) announced that it will report its Q3 2013 unaudited financial results on October 28, 2013, before US market hours. On the same day, the Company's management team will host a conference call at 8:30 a.m. ET / 8:30 p.m. Beijing / Hong Kong time, following the announcement of the quarterly results. The Full Research Report on Sohu.com 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/732b_SOHU]
Bitauto Holdings Limited Research Report
On October 17, 2013, Bitauto Holdings Limited (Bitauto) announced that it will report its unaudited Q3 2013 financial results on November 7, 2013, before the US market opens. On the same day, the Company's management will host an earnings conference call at 8:00 a.m. ET / 9:00 p.m. Beijing/Hong Kong time. The Full Research Report on Bitauto Holdings Limited - 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/1855_BITA]
Acxiom Corporation Research Report
On October 11, 2013, Acxiom Corporation (Acxiom) announced a $600 million refinancing consisting of a $300 million term loan and a $300 million undrawn revolving credit facility. The facility, which matures in October 2018, also includes a $150 million uncommitted accordion feature allowing for additional revolving capacity. Acxiom noted that the proceeds of the term loan will be used for repayment of the Company's existing $215 million term loan and for other general corporate purposes. "This debt facility gives us additional liquidity and financial flexibility, said Warren Jenson, CFO of Acxiom. "At the same time, the company is investing in break-through technology and is committed to its ongoing $200 million share repurchase program." The Full Research Report on Acxiom 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/08ce_ACXM]
Travelzoo Inc. Research Report
On October 17, 2013, Travelzoo Inc. (Travelzoo) reported its Q3 2013 financial results. During the quarter, the Company reported revenues of $37.3 million, up 5.1% YoY. Q3 2013 net loss was $19.0 million or $1.24 per diluted share, compared with net income of $3.4 million, or $0.21 per diluted share in Q3 2012. "Our combined Travel business grew 16% year-over-year, this progress was offset by disappointing results in our Search and Local businesses," said Chris Loughlin, CEO of Travelzoo. "We continue to invest in product development in order to make it easier to find and book deals on Travelzoo and to spur future growth. We launched a new home page this quarter and intend to start beta-testing our new hotel booking platform at the beginning of next year. Purchases on mobile products increased 41% year-over-year. On the social media side, we are now one of the more active travel brands, with over 1.8 million combined fans and followers on Facebook and Twitter." The Full Research Report on Travelzoo 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/9967_TZOO]
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