Solid Market Conditions, Strong Cost Management, and Product Innovations and Strategies - Research Report on Ansys, Motorola, Harris, Arris, and Vocera
NEW YORK, August 6, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Ansys, Inc. (NASDAQ: ANSS), Motorola Solutions, Inc. (NYSE: MSI), Harris Corp. (NYSE: HRS), Arris Group Inc. (NASDAQ: ARRS), and Vocera Communications, Inc. (NYSE: VCRA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ansys, Inc. Research Report
On August 1, 2013, Ansys, Inc. (Ansys) reported its Q2 2013 financial results with reported GAAP revenue of $214.9 million, reflecting a 10.2% YoY growth. GAAP diluted EPS was $0.59, up 11.3% YoY during the quarter. GAAP operating profit margin in Q2 2013 remained unchanged from Q2 2012 at 36.5%. Jim Cashman, ANSYS President and CEO stated, "Q2 was a very strong quarter for ANSYS with revenues and earnings above the high end of our guidance range. Overall, the business performed well on both the software license and the maintenance and service lines. The results reflect a combination of improved execution in targeted areas and a minor improvement in the stability of the general business climate. During the second quarter, we also took advantage of market conditions and returned capital to our stockholders through the repurchase of almost one million shares." For full year 2013, Ansys anticipates GAAP revenue in the range of $855.4 million to $870.4 million and GAAP diluted EPS of $2.29 to $2.38. The Full Research Report on Ansys, 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/c7cc_ANSS]
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Motorola Solutions, Inc. Research Report
On July 30, 2013, Motorola Solutions Inc. (Motorola Solutions) launched the new MOTOTRBOCP200d, the digital-capable version of the best-selling CP200 portable two-way radio which provides businesses an easy transition to digital technology. The Company informed that the radio can simultaneously operate in digital and analog modes and fits seamlessly into existing communication system. According to Motorola Solutions, digital two-way radios provide unique features that include better audio quality and clarity; enhanced coverage due to better error-correction; higher spectral efficiency leading to increased capacity; and higher power efficiency leading to longer battery life. Hal Herron, Vice President and Senior Director, North America Radio Channels at Motorola Solutions, said, "Motorola Solutions has expanded its single MOTOTRBO™ digital radio into a portfolio of more than 20 different models in the span of a few years, and we continue to redefine what customers expect from a two-way radio. As we lead the revolution in digital voice and data communications for enterprises, we remain committed to driving the innovation of our two-way radios and accessories to help our customers be their best in the moments that matter." The Full Research Report on Motorola Solutions, 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/e869_MSI]
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Harris Corp. Research Report
On July 30, 2013, Harris Corp. (Harris) reported its Q4 FY 2013 (period ended June 28, 2013) results with revenue at $1.4 billion, down 5.3% YoY. GAAP income from continuing operations totaled $70.5 million, or $0.65 per diluted share, in Q4 FY 2013, compared with $136.1 million or $1.20 per diluted share in Q4 FY 2012. During the quarter, Harris achieved total orders of $1.43 billion compared to $1.48 billion in Q4 FY 2012. William M. Brown, President and CEO of Harris, said, "Fourth quarter results were solid in a tough government spending environment, performance benefited from our commitment to operational excellence and ongoing cost-reduction efforts, including restructuring actions announced in April that were executed faster than expected and generated fourth quarter cost savings." During full year FY 2013, Harris reported a 6.2% YoY decline in revenue to $5.1 billion, and GAAP income from continuing operations stood at $461.9 million or $4.16 per diluted share, compared with $555.9 million or $4.8 per diluted share, in full year FY 2012. For full year FY 2014, the Company anticipates revenue to be around 1% to 3% less than FY 2013 revenue and GAAP income from continuing operations in the range of $4.65 to $4.85 per diluted share. The Full Research Report on Harris Corp. - 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/38f3_HRS]
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Arris Group Inc. Research Report
On July 30, 2013, Arris Group Inc. (Arris) announced that it has joined Multimedia over Coax Alliance's (MoCA) Board of Directors. Carol Ansley, Senior Director IP Engineering at ARRIS commented, "ARRIS has brought together the industry's leading portfolio of operator and consumer solutions on a global scale, and MoCA technology is a vital component of our product strategy." The Company informed that ARRIS has been a member of MoCA since 2008 and it gained the Board seat as a result of its acquisition of Motorola Mobility's Home Business. The Full Research Report on Arris Group 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/f104_ARRS]
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Vocera Communications, Inc. Research Report
On July 22, 2013, Vocera Communications, Inc. (Vocera) announced the schedule of its Q2 2013 financial results. The Company will report its quarterly earnings on August 5, 2013, Monday after market close. Following the earning release, Vocera will hold a conference call on the same day at 5:00 p.m. ET. The Company will also provide a live webcast of the call. A replay of the call will be archived on the Company's website. The Full Research Report on Vocera Communications, 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/fb12_VCRA]
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