Upcoming Investors Conferences, Promising Partnerships, Enhanced Patient Care, and Financial Results Releases - Analyst Notes on Cadence, Demandware, Nuance, LifeLock and ChannelAdvisor
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, May 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Cadence Design Systems Inc. (NASDAQ: CDNS), Demandware, Inc. (NYSE: DWRE), Nuance Communications, Inc. (NASDAQ: NUAN), LifeLock, Inc. (NYSE: LOCK) and ChannelAdvisor Corporation (NYSE: ECOM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2184-100free.
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Cadence Design Systems Inc. Analyst Notes
On April 29, 2014, Cadence Design Systems Inc. (Cadence) announced that Sean Sobers, Corporate Vice President and Controller of the Company, will take part at the Wedbush Transformational Technologies Conference at the Le Parker Meridien Hotel in New York. Sobers will participate in a fireside chat, along with a Q&A session with analysts and investors. Interested parties can access Sobers' address live via an on-demand webcast at 3:05 p.m. EDT on Tuesday, May 13, 2014. In addition, the presentation will be archived at the Company's website, where it will be available for replay until 8:00 p.m. EDT on Tuesday, August 5, 2014. The full analyst notes on Cadence are available to download free of charge at:
http://www.analystsreview.com/2184-CDNS-08May2014.pdf
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Demandware, Inc. Analyst Notes
On May 5, 2014, Demandware, Inc. (Demandware) reported that See's Candies, a widely-recognized candy maker in America, chose the Demandware Commerce platform to augment its digital commerce capabilities and execute its omni-channel strategy. Commenting on this, Julie Derry, Senior Director, Digital Commerce, See's Candies, said, "Our goal is to bridge the physical and digital worlds; Demandware helps us ensure every element of our business is working together seamlessly." Jeff Barnett, Chief Operating Officer, Demandware, added, "Today's digital consumer has forever changed how we shop, a far-reaching phenomenon that is impacting all retailers, including specialty brands like See's Candies." Barnett concluded, "Retailers must continuously evolve to meet consumer demands and their changing behavior. Our solution empowers them to engage consumers, enhance brand value and grow profitably." The full analyst notes on Demandware are available to download free of charge at:
http://www.analystsreview.com/2184-DWRE-08May2014.pdf
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Nuance Communications, Inc. Analyst Notes
On May 5, 2014, Nuance Communications, Inc. (Nuance) announced that RadNet, an outpatient imaging provider within the country, went live in 30 days of deploying PowerScribe 360 at its first site, delivering enhanced efficacy, quality reporting and improved patient care. RadNet said that it will utilize PowerScribe 360 all over America in 250 imaging centers and 27 practices to create more than 3.6 million radiology reports yearly. Ranjan Jayanathan, Chief Information Officer, RadNet, commented, "We chose Nuance as our long-term partner and have confidence that its industry-leading speech recognition-based reporting solution will help us accomplish our goals." Rodney Hawkins, General Manager of diagnostic solutions, Nuance Communications, added, "We continue to see increasing demand for PowerScribe 360 to streamline the accuracy and delivery of quality reports as customers transition from a volume-based payment model to one that is more patient-focused and based on quality of care." The full analyst notes on Nuance are available to download free of charge at:
http://www.analystsreview.com/2184-NUAN-08May2014.pdf
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LifeLock, Inc. Analyst Notes
On May 5, 2014, LifeLock, Inc.'s (LifeLock) stock declined 4.80%, ending the day at $13.68. Over the previous five trading sessions, shares of LifeLock have lost 9.46% compared to the Dow Jones Industrial Average which on the contrary has increased 0.50% during the same period. The full analyst notes on LifeLock are available to download free of charge at:
http://www.analystsreview.com/2184-LOCK-08May2014.pdf
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ChannelAdvisor Corporation Analyst Notes
On May 5, 2014, ChannelAdvisor Corporation (ChannelAdvisor) announced its Q1 2014 financial results. The Company's quarterly revenue totalled $19.3 million, up 29.5% YoY. Scot Wingo, CEO of ChannelAdvisor, commented, "The accelerating revenue growth we saw in the first quarter is evidence that our investments in sales and marketing are generating the return we expected." Q1 2014 GAAP net loss stood at $9.4 million versus a net loss of $2.7 million in Q1 2013, while non-GAAP net loss, excluding the impact of non-cash stock-based compensation, was $8.7 million, versus non-GAAP net loss of $2.3 million for Q1 2013. The full analyst notes on ChannelAdvisor are available to download free of charge at:
http://www.analystsreview.com/2184-ECOM-08May2014.pdf
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