Upgrades, Financial Results Calculate Bright Future Ahead - Research Report on WebMD Health Corp., Wipro Ltd., Baidu, Inc., Computer Sciences Corporation and Pandora Media, Inc.
NEW YORK, February 27, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting WebMD Health Corp. (NASDAQ: WBMD), Wipro Ltd. (NYSE: WIT), Baidu, Inc. (NASDAQ: BIDU), Computer Sciences Corporation (NYSE: CSC) and Pandora Media, Inc. (NYSE: P). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
WebMD Health Corp. Research Report
Online health information services firm WebMD Health saw its stock surge 25.4 percent last week to $20.44 it beat estimates on revenue for Q4 2012 and posted guidance with a much smaller sales decline for this year. The company posted a net loss of $6.1 million or 12 cents per share compared to last year's net income of $19.2 million or 33 cents per share. Revenue fell to $132.74 million from $150.66 million a year ago, but still went past the expected $124.14 million. The losses were due in part to WebMD's streamlining and cost-cutting efforts. Revenue for Q1 2013 is expected to come in at $105 million and net loss from continuing operations to be around 6 percent of revenue. Analysts, meanwhile, are more optimistic with pricing changes in advertising trends, expecting earnings per share to come in at 22 cents for the current quarter. The Full Research Report on WebMD Health Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [Ihttp://www.investors-alliance.com/r/full_research_report/9b5c_WBMD]
Wipro Ltd. Research Report
Indian IT services provider Wipro has been upgraded by The Street from "hold" to "buy" earlier this month citing growth in revenue, earnings per share, cash flow, and net income. Revenue for Q3 2012 grew 10 percent year over year at $2.01 billion with earnings of 13 cents per share or $327 million. Net income meanwhile came in at $313 million, which contributed to the 98.65 percent increase in cash flow of $373.93 million year over year. Wipro has expanded operating margins through improvements in revenue productivity and improved cash flow generation through efficient working capital management. The company expects revenues of the quarter ending March 31 this year to be in the range of $1.59 billion to $1.63 billion. The Full Research Report on Wipro Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f61e_WIT]
Baidu, Inc. Research Report
Chinese language Internet search provider Baidu has been reiterated by The Street with a "buy" rating despite dismal performance of its stock as of late, but has since rebounded 0.46 percent to $89.18 per share this week. Revenue growth in the most recent quarter came in higher than the industry average of 33.2 percent, and is 43.5 percent higher year over year. As a result, earnings per share grew by 37.5 percent in the quarter compared to the same period a year ago. Meanwhile, net income increased by 38.4 percent year over year, rising from $335.90 million to $464.74 million. The search engine put additional search-related products and functions, like maps and image recognition in 2012, and should continue to add functionality and introduce new products moving forward. The Full Research Report on Baidu, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/e98c_BIDU]
Computer Sciences Corporation Research Report
IT services firm Computer Sciences Corporation has agreed to sell its Enterprise Systems Integration unit, a reseller of enterprise hardware and software and a provider of maintenance services with operations in Malaysia and Singapore, as part of a transformation effort to rebalance its portfolio of services. The unit will be sold to a consortium comprising ITOCHU Techno-Solutions and ITOCHU Corp. for $90 million in cash. Earlier this month, CSC scored another government contract, this time with the US Coast Guard, where the company will provide support services to the U.S. Department of Homeland Security (DHS). The company had been previously awarded contracts from other government agencies, most recently with the US General Services Administration. The Full Research Report on Computer Sciences Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/53b7_CSC]
Pandora Media, Inc. Research Report
Internet radio service provider Pandora saw its revenue grow 60 percent year over year in its fiscal Q3, posting $120 million, with advertising revenue of $106.3 million. The remaining 13.7 million was from subscription and other revenue. GAAP basic and diluted earnings per share were 1 cent apiece, while non-GAAP basic and diluted earnings per share were 5 cent apiece. Meanwhile, adoption of the service has been growing, with total listener hours up 67 percent to 3.56 billion for the quarter, compared to 2.12 billion for the third quarter of fiscal 2012. In other news, Pandora announced that its Q4 and full fiscal year 2013 financial results will be released March 7, 2013. The company expects revenue to be in the range of $422 million to $425 million, with non-GAAP loss per share expected to be between 6 cents and 9 cents. The Full Research Report on Pandora Media, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/c2db_P]
Consider Investors Alliance
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.
Contact: Patricia Byers