Technology Companies Report Financial Results, Stock Summaries, Appointments, and Announcements - Analyst Notes on Palo Alto Networks, Finisar, Level 3 Communications, MTS, and Aruba Networks
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NEW YORK, March 12, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Palo Alto Networks, Inc. (NYSE: PANW), Finisar Corp. (NASDAQ: FNSR), Level 3 Communications Inc. (NYSE: LVLT), Mobile TeleSystems OJSC (NYSE: MBT), and Aruba Networks, Inc. (NASDAQ: ARUN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Palo Alto Networks, Inc. Analyst Notes
On March 5, 2014, Palo Alto Networks, Inc. (Palo Alto) announced a special Investor Track at Ignite 2014. According to the release, at The Cosmopolitan in Las Vegas, Nevada, attendees will have the chance to hear from the Company's Networks management team on Palo Alto's market opportunity, technology, business strategy and financials. Running from 12:00 p.m. PT, on March 31, 2014, up to 1:00 p.m. PT on April 1, 2014, the program is open to institutional investors and sell-side analysts. Additionally, the Company stated that a live audio webcast of the formal investor presentation will be made accessible on March 31, 2014, from 1:00 p.m. PT to 4:00 p.m. PT. The full analyst notes on Palo Alto Networks, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/PANW/report.pdf
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Finisar Corp. Analyst Notes
On March 6, 2014, Finisar Corp. (Finisar) reported its Q3 FY 2014 financial results (period ended January 26, 2014). GAAP revenues for Q3 FY 2014 went up by 1.1% QoQ and 23.4% YoY to $294 million. GAAP net income came in at $27.1 million or $0.26 per diluted share, compared to GAAP net loss of $3.4 million or $0.04 per diluted share in Q3 FY 2013. According to the release, without taking into account the acquisition of u2t, the Company is expecting revenues for Q4 FY 2014 to be in the range of $290 to $305 million, and non-GAAP earnings of $0.38 to $0.42 per share. Additionally, after taking into account the acquisition of u2t, along with the inclusion of elimination of any intercompany revenue or expense transactions with Finisar, expected revenues for Q4 FY 2014 is in the range of $296 to $311 million and non-GAAP earnings to be $0.36 to $0.40 per diluted share. The full analyst notes on Finisar Corp. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/FNSR/report.pdf
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Level 3 Communications Inc. Analyst Notes
On March 7, 2014, Level 3 Communications Inc.'s (Level 3 Communications) stock went up by 0.35%, closing at $37.62 per share. Over the past five-day trading period, the Company's stock went up by 2.16%, compared to the Dow Jones Industrial Average which went up by 0.80% during the same five-day trading session. The full analyst notes on Level 3 Communications Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/LVLT/report.pdf
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Mobile TeleSystems OJSC Analyst Notes
On March 7, 2014, Mobile TeleSystems OJSC (MTS) announced that it has appointed Mr. Valery Shorzhin as Vice President for Procurement and Administration, Member of the Executive Board. According to the release, Mr. Valery Shorzhin's area of responsibility is now expanded to include administrative issues. Commenting on the release, Andrei Dubovskov, President and CEO of MTS, stated, "Valery has demonstrated outstanding achievements in improving the efficiency of procurement management at MTS. Over the last three years Valery has streamlined the procurement process and introduced globally proven best practices to establish a procurement function, which has been repeatedly recognized as best in the market. Coupled with our cooperation with Vodafone in procurement, MTS has realized savings in the hundreds of millions of rubles by benchmarking and obtaining discounts and favorable terms from vendors. We are confident that in his new role Valery will make further contributions to the Company's growth and profitability." The full analyst notes on Mobile TeleSystems OJSC are available to download free of charge at:
http://www.AnalystsReview.com/03122014/MBT/report.pdf
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Aruba Networks, Inc. Analyst Notes
On March 4, 2014, Aruba Networks, Inc. (Aruba Networks) announced that Bellevue College has deployed a unified wired and wireless access network based on the Company's Mobile Virtual Enterprise (MOVE) architecture. According to Aruba Networks, the new infrastructure delivers campus-wide wireless access inside buildings and outside in common areas to 36,000+ students, faculty and staff, along with guests of the college. The full analyst notes on Aruba Networks, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03122014/ARUN/report.pdf
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