New Management Platforms, Donations, Financial Results, and Updated Guidance - Research Report on QlikTech, ADP, DST, Guidewire, and LogMeIn
NEW YORK, July 30, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Qlik Technologies Inc. (NASDAQ: QLIK), Automatic Data Processing, Inc. (NASDAQ: ADP), DST Systems, Inc. (NYSE: DST), Guidewire Software, Inc. (NYSE: GWRE), and LogMeIn, Inc. (NASDAQ: LOGM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Qlik Technologies Inc. Research Report
On July 24, 2013, Qlik Technologies, Inc. (QlikTech) announced that the QlikView Academic Program has awarded nearly 100 grants in 35 countries since its launch in 2012. QlikTech stated that its QlikView Academic Program is part of the Company's global CSR Program and it allows any accredited, university-level institution for free licenses of the QlikView Business Discovery platform to use within its educational curricula. "Because of the QlikView Academic Program, instead of using textbooks, our students are getting real industry experience with Big Data tools to learn about a wide variety of industries such as transportation, beverage, and retail," said Keith Carter, former Executive Director Global Supply Chain Intelligence at Estee Lauder Companies. "As a result, students preparing for careers are gaining strong analytical skills, and learning how they can leverage data to make better business decisions. Knowing how to use a groundbreaking tool like QlikView lets them show their future bosses what's possible." The Full Research Report on Qlik 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/00ed_QLIK]
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Automatic Data Processing, Inc. Research Report
On July 23, 2013, Automatic Data Processing, Inc. (ADP) launched myALINE, a new financial management platform designed to provide employees who receive their wages via ALINE Pay by ADP from employers who are ADP SmartCompliance clients. ADP informed that the new platform is accessible online and via mobile devices. The Company also informed that myALINE offers an exceptional level of financial visibility, helping employees to better understand how, when, and where they're spending their money. Further, the platform also helps employees to proactively manage their tax and payroll-related information, as well as to streamline payroll management and reduce costs for employers. "By Providing employees with their payroll-related information in a way that's clear and easy to understand, the launch of the myALINE platform is a significant step forward for ADP's mission to be on the forefront of employee engagement and financial management," said Gary Lott, Division Vice President and General Manager of General Wage Payments at ADP Added Value Services. The Full Research Report on Automatic Data Processing, 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/3a17_ADP]
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DST Systems, Inc. Research Report
On July 25, 2013, DST Systems, Inc. (DST) announced financial results for Q2 2013. The Company reported consolidated GAAP net income $78.5 million, or $1.77 per diluted share, down compared to $144.9 million or $3.17 per diluted share in Q2 2012. Adjusted non-GAAP Q2 2013 consolidated net income was $46.3 million, or $1.04 per diluted share, compared to $35.4 million or $0.77 per diluted share in Q2 2012. Q2 2013 operating revenues increased 4.2% YoY to $485.1 million. "DST's operating results for the second quarter continue to reflect the progress we are making against our strategic initiatives. We recorded higher operating revenues and operating income in our operating segments and are realizing the benefits of our asset monetization activities," said Steve Hooley, President and CEO of DST. The Full Research Report on DST Systems, 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/e57d_DST]
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Guidewire Software, Inc. Research Report
On July 19, 2013, Guidewire Software, Inc. (Guidewire) announced that Farm Bureau Insurance of Michigan (Farm Bureau Insurance) has chosen Guidewire InsuranceSuite as its new platform for rating, underwriting and policy administration, claims management, and billing. Farm Bureau Insurance has also selected Guidewire Client Data Management to help the organization manage customer contact data. According to the Company, Farm Bureau selected InsuranceSuite to help the organization transform its core systems as well as its business practices as part of a larger business transformation initiative. The Full Research Report on Guidewire Software, 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/9a71_GWRE]
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LogMeIn, Inc. Research Report
On July 25, 2013, LogMeIn, Inc. (LogMeIn) announced financial results for Q2 2013. The Company reported Q2 2013 total revenues of $40.7 million, up 20.4% YoY. Non-GAAP net income was $3.3 million, or $0.13 per diluted share, compared to non-GAAP net income of $4.2 million, or $0.17 per diluted share, in Q2 2012. GAAP net loss for Q2 2013 was $1.4 million, or $0.06 per diluted share, compared to GAAP net income of c.$0.6 million or $0.02 per diluted share in Q2 2012. "Strong sales growth across all of our core businesses helped us deliver results that exceeded the high-end of our guidance," said Michael Simon, CEO of LogMeIn. "As a result, we're raising our full year outlook." Further, LogMeIn expects its Q3 2013 revenues in the range of $41.9 million to $42.4 million. For full-year 2013, the Company expects revenues in the range of $162.7 million to $164.2 million. The Full Research Report on LogMeIn, 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/69cd_LOGM]
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