Certifications, Presentation of Study Results and Earnings Releases - Research Report on Agilent, Mindray, Bard, Tornier, and Life Technologies
Nov 11, 2013, 08:00 ET
NEW YORK, November 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Agilent Technologies Inc. (NYSE: A), Mindray Medical International Ltd (NYSE: MR), C.R. Bard, Inc. (NYSE: BCR), Tornier N.V. (NASDAQ: TRNX), and Life Technologies Corp. (NASDAQ: LIFE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Agilent Technologies Inc. Research Report
On November 6, 2013, Agilent Technologies Inc. (Agilent) announced that the first near field communication (NFC) controller chipset developed by Shanghai Fudan Microelectronics, FM 1930 chip, has successfully achieved NFC Forum certification using Agilent RIDER T3111S RFID HF Conference Test System. According to the Company, Shanghai Integrated Circuit Technology & Industry Promotion Center (ICC) cooperated with TA Certification Lab and used NFC Forum-validated test equipment from Agilent to perform the NFC Forum digital certification. "We appreciate the professional technical support from Agilent, ICC and TA during this certification process," said Mr. Liu Yifei, Assistant General Manager of Shanghai Fudan Microelectronics Group. "Our certification demonstrates the compliance of our NFC controller chipsets and is a key milestone in our NFC strategy. We are the only vendor that can provide the NFC controller chip in mainland China. Having added NFC SE and NFC Tag chips, we now offer a complete NFC chip solution for our customers both here and abroad." The Full Research Report on Agilent Technologies 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/075e_A]
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Mindray Medical International Ltd Research Report
On November 4, 2013, Mindray Medical International Ltd (Mindray) announced its Q3 2013 results with net revenues of $296.3 million, up 15.3% YoY. Non-GAAP net income stood at $57.4 million, reflecting an increase of 14.5% YoY. "In the third quarter, we reported solid top-line growth. We are particularly happy with our continued strong sales performance in Western Europe. Certain key emerging markets also continued to do well, although demand in some countries remained soft due to external factors. In China, the recent weak market sentiment in the healthcare sector has caused some delays in purchasing activities in the third quarter. However, the industry fundamentals remain solid," said Mr. Li Xiting, Mindray's President and Co-CEO. "Reagent sales continued to climb this quarter, highlighting our success in ramping up this recurring IVD revenue." The Full Research Report on Mindray Medical International Ltd - 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/8d4d_MR]
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C.R. Bard, Inc Research Report
On October 30, 2013, C.R. Bard, Inc (Bard) reported that Kenneth Rosenfield, M.D., Section Head for Vascular Medicine and Intervention, Massachusetts General Hospital and LEVANT 2 Co-Primary Investigator, presented data related to the study design, demographics, and six-month follow-up results from the patients randomized in the LEVANT 2 Lutonix Drug-Coated Balloon (DCB) trial, at the Transcatheter Cardiovascular Therapies (TCT) conference in San Francisco, California. The Company informed that the follow-up results from randomized patients, treated with the Lutonix DCB demonstrated safety comparable to uncoated balloons (94.0% vs 94.1%) and superior primary patency (92.3% vs 82.7%, p=0.003) by Kaplan-Meier time-to-event analysis. According to Bard, interested parties may access the presentation slides at the Company website, which will be available for a limited time period. The Full Research Report on C.R. Bard, 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/141e_BCR]
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Tornier N.V. Research Report
On November 5, 2013, Tornier N.V. (Tornier) released its Q3 FY 2013 financial results (period ended September 29, 2013) with revenues of $66.7 million, up 15.1% YoY. Q3 FY 2013 revenue of the Company's extremities product categories totaled $56.9 million, compared to $48.7 million in Q3 FY 2012. Tornier also reported that non-GAAP gross margins improved to 74.2% in Q3 FY 2013 from 73.4% in Q3 FY 2012. Dave Mowry, President and CEO of Tornier, said, "We delivered adjusted EBITDA within our guidance range despite the lower than expected revenue. This was driven by an improvement in non-GAAP gross margin and prudent management of operating expenses. We believe we have the infrastructure in place to support our double-digit constant currency revenue growth and enhanced operating leverage expectations." Tornier stated that for Q4 FY 2013 it expects constant currency revenue to range between $73 million to $77 million. The Full Research Report on Tornier N.V. - 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/b34f_TRNX]
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Life Technologies Corp. Research Report
On November 5, 2013, Life Technologies Corp (Life Technologies) announced its Q3 2013 financial results. The Company's revenues increased 2.6% YoY to $935.1 million, driven by increases in the Company's Research Consumables and Bioproduction businesses, partially offset by declines in Genetic Analysis. GAAP net income was $180 million in Q3 2013, compared to net income of 65.6 million in Q3 2012. Meanwhile, non-GAAP EPS for the quarter increased 10.9% YoY to $1.02 in Q3 2013. "We are pleased with our mid-single digit revenue and double-digit non-GAAP EPS growth, which was driven by strength across our Research Consumables and Applied Sciences business groups, solid growth in Japan and emerging markets such as China, and continued stability in the U.S. and Europe," said Gregory T. Lucier, Chairman and CEO of Life Technologies. The Full Research Report on Life Technologies Corp. - 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/d5de_LIFE]
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