Increased Market Share, New Products, and New Contracts Boost Revenue Growth - Research Report on Microsoft, Salesforce.com, MICROS Systems, Cadence Design Systems, and Compuware
NEW YORK, May 30, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Microsoft Corporation (NASDAQ: MSFT), Salesforce.com, inc. (NYSE: CRM), MICROS Systems, Inc. (NASDAQ: MCRS), Cadence Design Systems Inc. (NASDAQ: CDNS), and Compuware Corporation (NASDAQ: CPWR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Microsoft Corporation Research Report
On May 21, 2013, Microsoft Corporation (Microsoft) unveiled the Xbox One, the all-in-one gaming and entertainment system. The Xbox One was showcased at the Microsoft's headquarters in Redmond, Washington. Microsoft's President of Interactive Entertainment Business, Don Mattrick, said, "Our unique, modern architecture brings simplicity to the living room and, for the first time ever, the ability to instantly switch across your games and entertainment." The Company reported that the Xbox One will be launched in markets around the world in late 2013. More details about the product and blockbuster games will be revealed at the Electronic Entertainment Expo in June 2013. The Full Research Report on Microsoft Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ce40_MSFT]
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Salesforce.com, inc. Research Report
On May 23, 2013, Salesforce.com, inc. (Salesforce.com) announced its financial results for Q1 FY 2014 (period ended April 30, 2013). Total revenue increased 28.4% YoY to $892.6 million, with professional services and other revenues increasing 25.3% YoY to $50.4 million. Commenting on the results, Salesforce.com Chairman and Chief Executive Officer Marc Benioff said, "Salesforce.com delivered another quarter of strong growth, with constant currency revenue, deferred revenue, and operating cash flow all growing 30% or more year over year." He added, "Salesforce.com is now the world's #1 CRM market share leader according to Gartner." For Q2 FY 2014, the Company expects revenue to be in the range of $931 million to $936 million, reflecting an increase of 27% to 28% YoY. The Full Research Report on Salesforce.com, inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ac31_CRM]
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MICROS Systems, Inc. Research Report
On May 27, 2013, MICROS Systems, Inc. (MICROS Systems) announced that Louvre Hotels Group, a major player in the hotel industry in France and worldwide, has renewed its contract with MICROS Systems. Since 2006, MICROS Systems has deployed its OPERA cloud application (Opera) to over 700 of the Group's hotels (Première Classe, Campanile, Kyriad and Golden Tulip) in 43 countries. Opera offers a fully centralized PMS hotel management system in Software as a Service (SaaS) mode. All Opera-enabled hotels share simultaneous access to this application, which provides real-time data updates. Hotel guests can also benefit from new smartphone services, such as a booking application (available for Blackberry, Android and iPhone) and an Easy Check-In/Out service, accessible from computers or smartphones, so that guests can manage their bookings while on the road. Opera can also centralize bookings made with 850 hotels through all electronic distribution channels, including Internet, GDS (Global Distribution System), and smartphones. The Full Research Report on MICROS Systems, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/2830_MCRS]
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Cadence Design Systems Inc. Research Report
On May 23, 2013, Cadence Design Systems Inc. (Cadence Design Systems) announced that it has completed the acquisition of Cosmic Circuits Private Limited (Cosmic Circuits), a provider of analog and mixed signal intellectual property (IP) cores. Cosmic Circuits offers silicon-proven IP solutions in connectivity and advanced mixed-signal technologies in the 40nm and 28nm process nodes. Cosmic Circuits is also currently developing 20nm and FinFET nodes. According to the Company, this transaction further expands its IP portfolio, strengthening its solutions to address mobile, cloud/datacenter, and "internet of things" market opportunities. This acquisition is not expected to have a material impact on the Company's results of operations for 2013. Terms of the transaction were not disclosed by the Company. The Full Research Report on Cadence Design Systems Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0e0b_CDNS]
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Compuware Corporation Research Report
On May 21, 2013, Compuware Corporation (Compuware) announced its financial results for Q4 FY 2013 and full-year FY 2013 (period ended March 31, 2013). According to the Company, FY 2013 results were negatively impacted by restructuring charges, advisory fees and goodwill impairment associated with the Company's margin-expansion initiatives and other Company matters. Consequently, GAAP net loss for FY 2013 was $17.3 million or $0.08 per share, versus net income of $88.4 million or $0.40 per diluted share in FY 2012. Commenting on the results, Compuware Chief Executive Officer Bob Paul said, "While our fourth quarter results were a disappointment, as a large number of deals we had anticipated closing were pushed into the new fiscal year, we made great strides executing on our strategic initiatives to transform the company while positioning Compuware for improved profitability in 2014 and 2015." He added, "After further analysis, we now believe 60 percent of the deals that did not close in the fourth quarter will close in the first quarter of 2014 and the remaining will close by the end of the year. This reflects the strong demand we are seeing in the market for our APM and Mainframe for APM solutions." The Full Research Report on Compuware Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/539c_CPWR]
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