Technology Revenue Growth Leaders in the News - Unisource, Netflix, Qualcomm, Sirius, LinkedIn
CORAL SPRINGS, Florida, August 26, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's revenue growth leaders in the markets: Unisource Corporation (OTC: USRC), Netflix Inc. (NASDAQ: NFLX), Qualcomm Incorporated (NASDAQ: QCOM), Sirius XM Radio (NASDAQ: SIRI) and LinkedIn Corporation (NASDAQ: LNKD)
Unisource Corporation (OTC: USRC) Issues News Today with Comments on Second Quarter Revenue Growth. Unisource recently filed its Second Quarter results, and showed a revenue growth rate exceeding 270% between Q1 and Q2 for 2013. The company expects that Q3 revenues will exceed Q2 results, showing a continued high-growth trajectory for the company. The company also announced the launch of its latest SaaS (Software as a Service) Cloud-Based Transportation Management System, Visionship G3, during the current quarter. Customer adoptions, and new client interest of Visionship G3 point to potential further revenue enhancements for the third quarter, as well as new multi-year revenue streams relating to long-term service contracts with current and new customers. "2013 is proving to be the revenue year for Unisource and we are extremely pleased not only by our quarterly growth rates, but also by the significant adoption and deployment of the Visionship G3 system, which continues to exceed our expectations." stated Jordan Serlin, Chairman and CEO of Unisource Corp. "We are seeing significant additional demand for all of our products and services, which not only should further add to future revenues, but has the potential to create substantial high-margin, multi-year contracted revenue for the company.
To read the entire press release, please go to http://fnmprofiles.com/profiles-usrc.php
Netflix Inc. (NASDAQ: NFLX) and The Weinstein Company announced last week a new multi-year licensing agreement that will make Netflix the exclusive U.S. subscription television service for first-run films from TWC beginning in 2016. Starting with its 2016 theatrically released feature films, new TWC and Dimension Films titles will be made available for Netflix members to watch instantly in the pay TV window on multiple platforms, including televisions, tablets, mobile phones and computers. Netflix is already the Pay TV home to TWC documentaries and foreign films, including the Academy Award winning Best Picture, The Artist, and Best Documentary Feature, Undefeated, as well as to a wide-range of movies released by multi-platform distribution label RADiUS-TWC.
Qualcomm Incorporated (NASDAQ: QCOM) announced that it has signed a definitive agreement to sell Omnitracs, Inc., a subsidiary of Qualcomm Incorporated, to Vista Equity Partners (Vista), a U.S.-based private equity firm. Subject to the terms and conditions of the definitive agreement, Vista will purchase Omnitracs for $800 million in cash. The acquisition will include all of Omnitracs operations in the United States, Canada and Latin America, including Sylectus and FleetRisk Advisors, which were acquired by Omnitracs in 2011.
Sirius XM Radio (NASDAQ: SIRI) recently announced the launch of Service Lane, its new program that provides a complimentary 2-month SiriusXM subscription to qualifying customers who have their satellite radio-equipped vehicles serviced at participating auto dealerships. "Service Lane is being embraced by dealers as a way to show their appreciation to service customers and build loyalty, providing dealers with the opportunity to give qualifying original and subsequent vehicle owners access to SiriusXM's unparalleled lineup of commercial-free music, premier sports, comedy, news, exclusive talk and entertainment," said Joe Verbrugge, Senior Vice President and General Manager, Automotive Remarketing and Retail Sales, SiriusXM.
LinkedIn Corporation (NASDAQ: LNKD) operates an online professional network. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities. LinkedIn is poised to buy German online business networking provider Xing, according to Bloomberg. Alexander Braun, a Frankfurt-based analyst at Montega AG, said, "There are rumors that LinkedIn is preparing a bid to acquire Xing." However, Marcus Silbe, a another Frankfurt-based analyst, told Bloomberg that the timing is dubious, noting, "The share price of Xing is extremely expensive for LinkedIn to step in right now." Read the full article at http://wallstcheatsheet.com/stocks/3-buzzing-social-media-stocks-pandora-shares-get-hammered-facebook-refines-its-ads-and-linkedin-could-make-a-move-for-xing.html/2/
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