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Financial Results, Prestigious Awards, Product Launches, Investments and Partnerships - Research Report on Workday, SAP, Diebold, Fortinet, and Cornerstone

Editor Note: For more information about this release, please scroll to bottom


News provided by

Analysts' Corner

Aug 30, 2013, 08:00 ET

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NEW YORK, August 30, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Workday Inc. (NYSE: WDAY), SAP AG (ADR) (NYSE: SAP), Diebold Incorporated (NYSE: DBD), Fortinet Inc. (NASDAQ: FTNT), and Cornerstone OnDemand, Inc. (NASDAQ: CSOD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Workday Inc. Research Report

On August 27, 2013, Workday Inc. (Workday) reported its Q2 FY 2013 financial results (period ended July 31, 2013). The Company's revenues increased 71.5% YoY to $107.6 million during the quarter. Net loss attributable to common stockholders was $36 million or $0.21 per diluted share in Q2 FY 2013, compared to net loss attributable to common stockholders of $27.1 million or $0.78 per diluted share in Q2 FY 2012. Commenting on the results, Mark Peek, CFO of Workday said, "We generated record quarterly revenues and billings, made solid progress toward profitability, and strengthened our balance sheet raising $533 million net proceeds from our two convertible notes offerings. Looking ahead, we anticipate a strong second half of fiscal 2014 with third quarter revenues expected to be in the range of $115 to $118 million, or growth of 58% to 62% as compared to the prior year. Total revenues for the year are anticipated to be in the range of $436 to $446 million, or growth of 59% to 63%." The Full Research Report on Workday 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/1ebc_WDAY]

--

SAP AG (ADR) Research Report

On August 26, 2013, SAP AG (ADR) (SAP) announced that SAP Mobile Banking solution received the 2013 Mobile Banking Award in Juniper Research's Future Mobile Awards for Mobile Commerce. According to the Company, it received the award for end-to-end mobile banking, mobile payments, and mobile money transfers solutions for both developed and emerging markets. The solutions that received awards include SAP Mobile Banking for developed markets and the SAP Mobile Inclusive Banking solution, which enable financial institutions in emerging markets to provide financial services to the unbanked throughout the mobile channel. The Company also received recognition for solutions related to mobile consumer payments and mobile coupons. The Full Research Report on SAP AG (ADR) - 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/19b8_SAP]

--

Diebold Incorporated Research Report

On August 27, 2013, Diebold Incorporated (Diebold) announced that its Agilis 3 automated teller machine (ATM) software has been certified by many network processors across the United States, including First Data, Elan Financial Services, Fiserv, NetWorks, and Vantiv. The Company informed that the open architecture design of the Agilis 3 software application, now available for deployment, reduces the time and cost of implementing advanced functionality. Mychal D. Kempt, Vice President, North America Operations of Diebold, said, "We're excited to help our customers stay in tune with consumer technology and best utilize their self-service channel." In addition, the Company stated that with Agilis 3, financial institutions can align their ATM fleet with changes that will impact the self-service channel, including terminal software migration to Windows 7, Europay, MasterCard, and Visa compliance, payment card industry guidelines (PCI), and Americans with Disabilities (ADA) regulations.The Full Research Report on Diebold Incorporated - 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/0bb0_DBD]

--

Fortinet Inc. Research Report

On August 27, 2013, Fortinet Inc. (Fortinet) announced that it has invested in and partnered with HyTrust, the Cloud Security Automation Company based in Mountain View, California. The Company stated that this investment and partnership demonstrate its commitment to cloud security automation and Role-Based Monitoring. Steve Kirk, Vice President Federal Operations at Fortinet, said, "HyTrust is a strategic investment for Fortinet as it addresses two major federal government initiatives: consolidation and data breach prevention. Consolidation mandates are resulting in data centers rapidly being virtualized and moved to the cloud. Data leaks are also a major concern. HyTrust provides critical security, control, and management and compliance capabilities to address these issues." The Full Research Report on Fortinet 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/b859_FTNT]

--

Cornerstone OnDemand, Inc. Research Report

On August 23, 2013, Cornerstone OnDemand, Inc. (Cornerstone) announced that for three consecutive years, the Company has been named a Leader in IDC's Integrated Talent Management 2013 MarketScape report, as well as a Leader in IDC 2013 MarketScape Reports for Performance and Learning. In the 2013 Integrated Talent Management MarketScape report, Lisa Rowan, Program Director of Human Resources, Learning, and Talent Strategies for IDC, stated, "With strong functional capabilities, true multi-tenant SaaS for scalability, and solid customer references, Cornerstone OnDemand is once again a Leader in this analysis. Strengths include very high scores in customer service, depth of capability of individual modules, cost appropriateness, and timeliness of releases." The Company was also named a Major Player in IDC's MarketScape reports for Recruiting and Compensation. The Full Research Report on Cornerstone OnDemand, 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/a8df_CSOD]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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