Stock Price Movements, Upcoming Investors Conferences, and Financial Results - Analyst Notes on Bitauto, HomeAway, 58.com, Weibo and Conversant
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NEW YORK, May 19, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Bitauto Holdings Limited (NYSE: BITA), HomeAway, Inc. (NASDAQ: AWAY), 58.com Inc. (NYSE: WUBA), Weibo Corporation (NASDAQ: WB) and Conversant, Inc. (NASDAQ: CNVR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2617-100free.
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Bitauto Holdings Limited Analyst Notes
On May 14, 2014, Bitauto Holdings Limited's (Bitauto) stock declined 1.58%, ending the day at $37.92. Over the previous five trading sessions, shares in Bitauto increased 14.53% compared to the Dow Jones Industrial Average which also increased 0.58% during the same period. The full analyst notes on Bitauto are available to download free of charge at:
http://www.analystsreview.com/2617-BITA-19May2014.pdf
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HomeAway, Inc. Analyst Notes
On May 7, 2014, HomeAway, Inc. (HomeAway) announced that it will take part in J.P. Morgan's Global Technology, Media and Telecom Conference to be held from May 19 to May 21, 2014 at the Westin Copley Place in Boston, Massachusetts. CEO Brian Sharples and CFO Lynn Atchison will give presentation on Monday, May 19, 2014 at 3:00 p.m. EST. HomeAway added that Brent Bellm, its President and Chief Operating Officer, will take part in Cowen and Company's 42nd Annual Technology, Media & Telecom Conference to be held from May 28 to May 29, 2014 at The New York Palace Hotel in New York City with the Company's presentation scheduled on Wednesday, May 28, 2014 at 2:45 p.m. EST. The Company stated that the live webcast of the events will be accessible via the Investor Relations section of HomeAway's website, where replays will also be available for 30 days following the event. The full analyst notes on HomeAway are available to download free of charge at:
http://www.analystsreview.com/2617-AWAY-19May2014.pdf
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58.com Inc. Analyst Notes
On May 14, 2014, 58.com Inc.'s (58.com) stock increased 1.58%, ending the day at $38.51. Over the last one month, shares in 58.com declined 10.30% compared to the Dow Jones Industrial Average which increased 2.73% during the same period. The full analyst notes on 58.com are available to download free of charge at:
http://www.analystsreview.com/2617-WUBA-19May2014.pdf
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Weibo Corporation Analyst Notes
On May 14, 2014, Weibo Corporation (Weibo) announced that it plans to declare its Q1 2014 financial results after the market closing on May 21, 2014. The Company informed that after the results announcement, its management team will hold a conference call on the same day from 9:00 p.m. to 10:00 p.m. ET (9:00 a.m. to 10:00 a.m. Beijing Time on May 22, 2014) to give an overview of Weibo's financial performance and business operations. Weibo stated that the live webcast of the call will be accessible via the Company's corporate website. The full analyst notes on Weibo are available to download free of charge at:
http://www.analystsreview.com/2617-WB-19May2014.pdf
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Conversant, Inc. Analyst Notes
On May 6, 2014, Conversant, Inc. (Conversant) declared its Q1 2014 financial results. Revenue was $145.9 million, an 8.5% YoY increase. Adjusted EBITDA was $48.5 million, down 3.8% YoY. Net income from continuing operations was $20.1 million or $0.29 per diluted share versus $23.4 million or $0.30 per diluted share in Q1 2013. "The Conversant team delivered solid execution in Q1, resulting in our highest quarterly revenue growth in four quarters," said John Giuliani, President and CEO of Conversant. "The enthusiastic response to our rebrand campaign and newly unified offerings validates our strategic focus on personalized digital marketing across channels and devices." Giuliani added, "Our recent acquisition of digital video technology company, SET Media, further strengthens our personalization capabilities and accelerates our investment in the high-growth video advertising market." For Q2 2014, the Company expects revenue to be in the range of $135 million to $140 million. The full analyst notes on Conversant are available to download free of charge at:
http://www.analystsreview.com/2617-CNVR-19May2014.pdf
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