06.08.2013 14:00:00
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Strong Earnings, Partnerships, and Expansion Boost Tech Growth - Research Report on LinkedIn, Yelp, IBM, Dell, and Cray
NEW YORK, August 6, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting LinkedIn Corporation (NYSE: LNKD), Yelp, Inc. (NYSE: YELP), International Business Machines Corporation (NYSE: IBM), Dell Inc. (NASDAQ: DELL), and Cray Inc. (NASDAQ: CRAY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
LinkedIn Corporation Research Report
On August 1, 2013, LinkedIn Corporation (LinkedIn) released its Q2 2013 financial results. The Company's net revenue was up 59.4% YoY to $363.7 million during the quarter. Net income was up 32.8% YoY to $3.7 million. Diluted EPS was flat at $0.03 compared to Q2 2012. Jeff Weiner, CEO of LinkedIn, said, "Accelerated member growth and strong engagement drove record operating and financial results in the second quarter." LinkedIn expects Q3 2013 revenue to be in the range of $367 million to $373 million, and adjusted EBITDA to be in the range of $81 million to $83 million. For full-year 2013, the Company expects adjusted EBITDA to be in the range of $340 million and $355 million. The Full Research Report on LinkedIn Corporation - 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/1044_LNKD]
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Yelp, Inc. Research Report
On July 31, 2013, Yelp, Inc. (Yelp) released its Q2 2013 financial results. The Company's net revenue was up 68.5% YoY to $55 million during the quarter. Net loss was $878,000, or $0.01 per diluted share, compared to a net loss of $2.0 million, or $0.03 per diluted share in Q2 2012. Jeremy Stoppelman, CEO of Yelp, stated, "In the second quarter, we launched new features on the mobile app and created a Call to Action feature, yet another way for us to close the loop between consumers and local businesses. As we look to the rest of the year, we will continue to focus on driving innovation in mobile, integrating Qype, and closing the loop with local businesses." Yelp expects Q3 2013 and full-year 2013 net revenue to be within $58 million to $59 million, and within $222 million to $224 million, respectively. The Full Research Report on Yelp, 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/cd01_YELP]
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International Business Machines Corporation Research Report
On August 1, 2013, International Business Machines Corporation (IBM) announced that it has entered into a strategic partnership agreement with the Bank of the Philippine Islands (BPI). IBM reported that post the agreement it will take over BPI's IT network and data center activities, which will enable BPI's Information Systems team to focus on the Bank's strategic initiatives. Cezar "Bong" P. Consing, President and CEO of BPI stated, "The country's growth trajectory provides BPI with the opportunity to grow." Mariels Almeda Winhoffer, President and Country General Manager of IBM Philippines added, "IBM will provide smarter, scalable IT services and capabilities that will enhance and accelerate BPI's transformation for growth." The Full Research Report on International Business Machines Corporation - 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/1c4d_IBM]
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Dell Inc. Research Report
On August 1, 2013, Dell Inc. (Dell) announced that it has successfully expanded its Dell Financial Services (DFS) into Europe. According to the Company, post the expansion, through DFS, Dell's mid-market and corporate clients in the UK, Ireland, Germany, Austria, Switzerland, Belgium, Netherlands, and Luxembourg would be able to access direct financing for leases and loans to support their IT Solutions and long-term growth. Cormac Costelloe, General Manager of Dell Financial Services EMEA, said, "With the introduction of direct Dell Financial Services into Europe we can now offer customers the finance needed to support their IT solutions so that they can focus more on investing in their business rather than worrying about the infrastructure to run it." Dell also informed that DFS will empower customers to prevent technology obsolescence, increase operational efficiency, conserve capital, preserve credit line, manage cash flow, lower total cost of ownership and access total solution financing. The Full Research Report on Dell 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/6072_DELL]
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Cray Inc. Research Report
On July 31, 2013, Cray Inc. (Cray) released its Q2 2013 financial results. The Company's revenues were up 0.3% YoY to $84.5 million during the quarter. Total gross profit margin was 32% for Q2 2013, compared to 41% in Q2 2012. Net loss was $0.2 million, compared to a net income of $147.4 million, or $3.91 per diluted share in Q2 2012. Cray expects Q3 2013 and full-year 2013 revenue to be approximately $90 million and $520 million, respectively. Total operating expenses are projected to be approximately $160 million for full-year 2013. The Full Research Report on Cray 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/889a_CRAY]
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IBM Corp. (International Business Machines) | 216,10 | 0,65% | |
Yelp Inc. | 35,80 | -1,10% |