Technology Sector Companies Report Quarterly Results - Analyst Notes on Xilinx, ServiceNow, Lam Research, Broadcom and Crown Castle

NEW YORK, April 29, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Xilinx Inc. (NASDAQ: XLNX), ServiceNow, Inc. (NYSE: NOW), Lam Research Corporation (NASDAQ: LRCX), Broadcom Corp. (NASDAQ: BRCM) and Crown Castle International Corp. (NYSE: CCI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1755-100free.

--
Xilinx Inc. Analyst Notes
On April 23, 2014, Xilinx Inc. (Xilinx) reported its financial results for Q4 FY 2014 and FY 2014 (period ended March 29, 2014). The net sales of the Company increased to $617.8 million for the quarter and to $2.4 billion for the full-year, representing a growth of 16.1% YoY and 9.9% YoY, during the respective periods. Net income for Q4 FY 2014 came in at $156.0 million, or $0.53 per diluted share, as compared to $130.6 million, or $0.47 per diluted share, in the prior year period. According to Zacks Investment Research, the consensus estimates for its Q4 FY 2014 EPS was $0.55 per share. For FY 2014, the net income came in at $630.4 million, or $2.19 per diluted share, as compared to $487.5 million, or $1.79 per diluted share, in FY 2013. The Company expects sales for Q1 FY 2015 to be up 0% to 4% sequentially. The full analyst notes on Xilinx are available to download free of charge at:

http://www.analystsreview.com/1755-XLNX-29Apr2014.pdf

--
ServiceNow, Inc. Analyst Notes
On April 23, 2014, ServiceNow, Inc. (ServiceNow) reported its financial results for Q1 2014. The Company posted 61.9% YoY increase in revenues to $139.1 million. Net loss for Q1 2014 widened to $43.3 million, or $0.30 per basic and diluted share, from $13.4 million, or $0.10 per basic and diluted share, in Q1 2013. Commenting on the results, Frank Slootman, President and CEO, ServiceNow, said, "We are off to a great start in 2014. We exceeded our previously stated financial outlook on revenue, added 134 net new customers and had nine new deals with an annual contract value in excess of $1 million, a record for ServiceNow." For Q2 2014, the Company expects total revenues between $160 and $162 million, demonstrating a growth between 57% and 58% YoY. The full analyst notes on ServiceNow are available to download free of charge at:

http://www.analystsreview.com/1755-NOW-29Apr2014.pdf

--
Lam Research Corporation Analyst Notes
On April 23, 2014, Lam Research Corporation (Lam Research) announced its earnings results for Q3 FY 2014 (period ended March 30, 2014). Net income for the quarter was reported at $164.4 million, or $0.96 per diluted share, as compared to $19.0 million, or $0.11 per diluted share, in Q3 FY 2013. The adjusted net income per diluted share increased to $1.26, beating the Zacks Investment Research's consensus estimate of $1.16. The Company reported 45.3% YoY increase in revenues to $1.2 billion. Lam Research expects EPS for Q4 FY 2014 to range between $0.07 and $0.98. The Company's stock rallied 11.50% to close at $58.26 on April 24, 2014. Martin Anstice, Lam Research's President and CEO, commented, "The consistency of our results reinforces the potential to deliver sustained outperformance through solid execution of our growth strategy." The full analyst notes on Lam Research are available to download free of charge at:

http://www.analystsreview.com/1755-LRCX-29Apr2014.pdf

--
Broadcom Corp. Analyst Notes
On April 24, 2014, Broadcom Corp. (Broadcom) announced its Q1 2014 financial results. The Company reported total revenues of $2.0 billion, down 1.1% YoY. According to a Reuters report dated April 25, 2014, the Company is facing tough competition for its high-end smartphone chips in China where consumers still favor low-cost devices. Net income for Q1 2014 came in at $165.0 million, or $0.28 per diluted share, as compared to $191.0 million, or $0.33 per diluted share, in Q1 2013. Commenting on the performance, Broadcom's President and CEO, Scott McGregor said, "Broadcom delivered overall results ahead of expectations in the March quarter. The upside was driven by strength in Broadband and Infrastructure, stronger-than-expected gross margins and continued operating expense discipline." The full analyst notes on Broadcom are available to download free of charge at:

http://www.analystsreview.com/1755-BRCM-29Apr2014.pdf

--
Crown Castle International Corp. Analyst Notes
On April 23, 2014, Crown Castle International Corp. (Crown Castle) reported Q1 2014 results. For the quarter, the net revenues were reported at $876.0 million, up 18.4% YoY. Net income for Q1 2014 came in at $90.5 million, or $0.27 per diluted share, as compared to $15.5 million, or $0.05 per diluted share, in Q1 2013. Further, Crown Castle informed that results include the impact of the AT&T tower transaction, which closed on December 16, 2013, and a one-time benefit of approximately $5 million related to a contract termination payment from Revol Wireless, which ended operations earlier this year. The Company expects net income for Q2 2014 to range between $32.0 million to $65.0 million. The full analyst notes on CrownCastle are available to download free of charge at:

http://www.analystsreview.com/1755-CCI-29Apr2014.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

AnalystsReview.com

SOURCE Analysts Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED