Financial Results, Earnings Release Schedules, Service Deployment, and New Products - Research Report on Tyler, Infosys, ANSYS, PTC, and Mentor Graphics
NEW YORK, October 29, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Tyler Technologies, Inc. (NYSE: TYL), Infosys Limited (NYSE: INFY), ANSYS, Inc. (NASDAQ: ANSS), PRC Inc. (NASDAQ: PMTC), and Mentor Graphics Corporation (NASDAQ: MENT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tyler Technologies, Inc. Research Report
On October 23, 2013, Tyler Technologies, Inc. (Tyler) reported Q3 2013 financial results. Total revenue stood at $107.0 million, up 14.0% YoY during the quarter. Net income was $11.0 million, or $0.32 per diluted share in Q3 2013, compared with $10.8 million, or $0.33 per diluted share, in Q3 2012. John S. Marr Jr., President and CEO of Tyler, said, "Tyler's third quarter results were solid, with double-digit growth in all of our software-related revenue lines. Subscription revenues continue to be our fastest-growing line, increasing more than 34 percent as we added clients for our SaaS solutions and our e-filing offerings. However, as expected, our margins declined from last year as we incurred costs related to implementing the TexFile contract, as well as accelerated hiring to ensure we are well-positioned to deliver our current backlog and anticipated business. We expect that these costs will continue to pressure margins in the fourth quarter." For full-year 2013, the Company anticipates total revenues to be in the range of $412 million to $416 million and diluted EPS to be approximately $1.10 to $1.15. The Full Research Report on Tyler 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/a9df_TYL]
Infosys Limited Research Report
On October 23, 2013, Infosys Limited (Infosys) reported that Tetrad Investment Bank (Tetrad Bank) has selected Infosys Finacle as their technology partner. Infosys informed that Finacle will enable Tetrad Bank to automate banking operations, expand reach through multiple new channels, and launch targeted offerings to retail customers. According to Infosys, Finacle will aid Tetrad Bank's Core Banking, Wealth Management, and Customer Relationship Management (CRM), Online banking, Mobile Banking and Alerts capabilities in its evolution from a merchant bank to a top-tier commercial bank in the region. Venkatramana Gosavi, Regional Head of Growth Markets at Infosys Finacle, said, "Tetrad is our first core banking customer in Zimbabwe and we are committed to supporting the bank's transition to a full services commercial entity to deliver value to its customers. With Finacle, the bank will be able to launch new products and services much faster and provide world-class service to their clients. This partnership is a strong reflection of Finacle's flexibility in catering to the needs of diverse markets and institutions, particularly in the African region." The Full Research Report on Infosys Limited - 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/ebe5_INFY]
ANSYS, Inc. Research Report
On October 14, 2013, ANSYS, Inc. (ANSYS) announced that it will release its Q3 2013 earnings on Thursday, November 7, 2013. The Company informed that it will host a conference call on the same day at 10:30 a.m. ET to discuss the results, as well as its future outlook. ANSYS stated that the call will be conducted by President and CEO, James E. Cashman III and CFO, Maria T. Shields. The Company stated that the audio webcast of the call and its replay will be available on the Investor section of the Company's web site. The Full Research Report on ANSYS, 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/c7cc_ANSS]
PTC Inc. Research Report
On October 15, 2013, PTC Inc. (PTC) announced that it will report its Q4 FY 2013 and full-year FY 2013 financial results on Wednesday, November 6, 2013, after the closing of the stock market. The Company informed that its Senior Management will host a conference call to review the results on the following day, Thursday, November 7, 2013, at 8:30 a.m. ET. The Company stated that its earnings press release, the webcast of the call and a replay of the same will be available on the Investor Relations section of the Company's web site. The Full Research Report on PTC 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/dc63_PMTC]
Mentor Graphics Corporation Research Report
On October 24, 2013, Mentor Graphics Corporation (Mentor Graphics) announced its new Mentor Embedded Hypervisor product for in-vehicle infotainment (IVI) systems, telematics, advanced driver assistance systems (ADAS), and instrumentation. The Company informed that the Mentor Embedded Hypervisor is a small footprint Type 1 hypervisor, developed specifically for embedded applications and intelligent connected devices. Scot Morrison, General Manager of Runtime Solutions at Mentor Graphics Embedded Software Division, said, "The powerful and flexible features of the Mentor Embedded Hypervisor give developers the ability to consolidate functionality and meet the demands of today's complex and highly connected devices. The built-in security capabilities provide assurances of reliability and data integrity, and the comprehensive solution of runtimes, tools, and services enables companies to differentiate and lead in their respective markets." Mentor Graphics informed that the Company will start shipping Mentor Embedded Hypervisor product in December 2013. The Full Research Report on Mentor Graphics 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/9d8d_MENT]
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