Financial Results, Upcoming Presentations, Debt Refinancing- Research Report on Nuance, Intuit, Splunk, Red Hat, and Endurance
NEW YORK, December 2, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Nuance Communications Inc. (NASDAQ: NUAN), Intuit Inc. (NASDAQ: INTU), Splunk Inc. (NASDAQ: SPLK), Red Hat, Inc. (NYSE: RHT), and Endurance International Group Holdings, Inc. (NASDAQ: EIGI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Nuance Communications Inc. Research Report
On November 25, 2013, Nuance Communications, Inc. (Nuance) reported Q4 FY2013 and full-year FY2013 financial results (period ended September 30, 2013). In Q4 FY2013, the Company reported revenue of $472.2 million, up 0.7% YoY. Net loss was at $32.3 million, or $0.10 per diluted share, compared to net income of $117.6 million, or $0.36 per diluted share, in Q4 FY2012. For full-year FY2013, revenue was up 12.3% YoY to $1.9 billion and net loss came in at $115.2 million, or $0.37 per diluted share, compared to net income $207.1 million, or $0.65 per diluted share in full-year FY2012. Paul Ricci, Chairman and CEO of Nuance, said, "We are pleased that we achieved fourth quarter results consistent with our guidance, and executed on our strategy to enter new growth markets, deliver a new generation of solutions and enable attractive, recurring revenue streams." The Full Research Report on Nuance Communications 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/241b_NUAN
Intuit Inc. Research Report
On November 21, 2013, Intuit Inc. (Intuit) reported Q1 FY2014 financial results (period ended October 31, 2013). In Q1 FY2014, the Company's revenue increased by 10.7% YoY to $622 million. Net loss was at $11 million, or $0.04 per diluted share, compared to net loss of $19 million, or $0.06 per diluted share, in Q1 FY2013. Brad Smith, President and CEO of Intuit, said, "We are out of the gate strong in the first quarter, led by the rapid adoption of QuickBooks Online, which is accelerating our transition to the cloud and driving value for Intuit.Cloud-based offerings provide superior benefits for small businesses, so we are making it as easy as possible for our QuickBooks customers, accountants and developers to move to the cloud."For Q2 FY 2014, the Company anticipates revenue to be in the range of $890 million to $910 million and diluted EPS to be in the range of $0.12 to $0.14. For full-year FY 2014, Intuit expects revenue of $4.4 billion to $4.5 billion and diluted EPS of $3.11 to $3.19, up 10% YoY to 13% YoY. The Full Research Report on Intuit 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/e50c_INTU
Splunk Inc. Research Report
On November 21, 2013, Splunk Inc. (Splunk) reported Q3 FY2014 financial results (period ended October 31, 2013) with total revenues at $78.6 million, up 51.1% YoY. Net loss was at $16.6 million, or $0.16 loss per basic and diluted share, compared to $5.5 million, or $0.06 loss per basic and diluted share, in Q3 FY2013. Godfrey Sullivan, Chairman and CEO of Splunk said, "We are pleased to welcome a record number of new customers to Splunk this quarter.There is tremendous value to be found in machine data. As a result, more customers are adopting Splunk software as their enterprise standard. We expanded our product portfolio this quarter with the release of Splunk Enterprise®6, Splunk Cloud™ and Hunk™: Splunk Analytics for Hadoop, providing more power, functionality and flexibility for our customers." The Company anticipates revenue to be in the range of $88 million to $90 million for Q4 FY 2014, and full-year FY 2014 revenue to be between $291 million and $293 million. The Full Research Report on Splunk 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/22bc_SPLK
Red Hat, Inc. Research Report
On November 26, 2013, Red Hat, Inc. (Red Hat) announced that it will present an enterprise Platform-as-a-Service (PaaS) technology update through a live webcast on December 3, 2013 at 12:00 p.m. ET, followed by a Q&A session. The Company stated during the presentation Ashesh Badani, General Manager of Cloud and OpenShift at Red Hat, will discuss the latest advancements in the enterprise PaaS offerings. The Full Research Report on Red Hat, 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/4f04_RHT
Endurance International Group Holdings, Inc. Research Report
On November 26, 2013, Endurance International Group Holdings, Inc. (Endurance) announced the successful refinancing and expansion of its first lien term loan facility, as well as the repayment in full of its $315 million second lien term loan facility. The Company informed that as a result of the refinancing and the payment of the second lien facility, it currently has a single tranche of term debt, consisting of first lien debt of $1.1 billion. The Company added that it has reset pricing on its first lien facility, which, when combined with the payoff of the second lien facility, will significantly reduce its annual interest expense. Endurance further stated that it has increased its revolving loan facility by $40 million to $125 million. Hari Ravichandran, Endurance International Group's CEO and Founder, commented, "This refinancing allows us to drive our growth strategy and continue to enhance long-term value for our shareholders." The Full Research Report on Endurance International Group Holdings, 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/4dec_EIGI
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