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Quarterly Financial Results, Upcoming Earnings Schedules and New Refinancing Facilities - Research Report on Google, Sohu.com, Bitauto, Acxiom, and Travelzoo

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


News provided by

Analysts' Corner

Oct 22, 2013, 08:00 ET

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NEW YORK, October 22, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Google Inc. (NASDAQ: GOOG), Sohu.com Inc. (NASDAQ: SOHU), Bitauto Holdings Limited (NYSE: BITA), Acxiom Corporation (NASDAQ: ACXM), and Travelzoo Inc. (NASDAQ: TZOO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Google Inc. Research Report

On October 17, 2013, Google Inc. (Google) reported its Q3 2013 financial results. During the quarter, the Company reported consolidated revenues of $14.9 billion, up 11.9% YoY. Google's consolidated GAAP net income in Q3 2013 was c.$3.0 billion, or  $8.75 per diluted shares, compared with $2.2 billion, or $6.53 per diluted shares in Q3 2012. "Google had another strong quarter with $14.9 billion in revenue and great product progress," said Larry Page, CEO of Google. "We are closing in on our goal of a beautiful, simple, and intuitive experience regardless of your device." The Full Research Report on Google 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/cec2_GOOG]

Sohu.com Inc. Research Report

On October 14, 2013, Sohu.com Inc. (Sohu.com) announced that it will report its Q3 2013 unaudited financial results on October 28, 2013, before US market hours. On the same day, the Company's management team will host a conference call at 8:30 a.m. ET / 8:30 p.m. Beijing / Hong Kong time, following the announcement of the quarterly results. The Full Research Report on Sohu.com 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/732b_SOHU]

Bitauto Holdings Limited Research Report

On October 17, 2013, Bitauto Holdings Limited (Bitauto) announced that it will report its unaudited Q3 2013 financial results on November 7, 2013, before the US market opens. On the same day, the Company's management will host an earnings conference call at 8:00 a.m. ET / 9:00 p.m. Beijing/Hong Kong time. The Full Research Report on Bitauto Holdings 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/1855_BITA]

Acxiom Corporation Research Report

On October 11, 2013, Acxiom Corporation (Acxiom) announced a $600 million refinancing consisting of a $300 million term loan and a $300 million undrawn revolving credit facility. The facility, which matures in October 2018, also includes a $150 million uncommitted accordion feature allowing for additional revolving capacity. Acxiom noted that the proceeds of the term loan will be used for repayment of the Company's existing $215 million term loan and for other general corporate purposes. "This debt facility gives us additional liquidity and financial flexibility, said Warren Jenson, CFO of Acxiom. "At the same time, the company is investing in break-through technology and is committed to its ongoing $200 million share repurchase program." The Full Research Report on Acxiom 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/08ce_ACXM]

Travelzoo Inc. Research Report

On October 17, 2013, Travelzoo Inc. (Travelzoo) reported its Q3 2013 financial results. During the quarter, the Company reported revenues of $37.3 million, up 5.1% YoY. Q3 2013 net loss was $19.0 million or $1.24 per diluted share, compared with net income of $3.4 million, or $0.21 per diluted share in Q3 2012. "Our combined Travel business grew 16% year-over-year, this progress was offset by disappointing results in our Search and Local businesses," said Chris Loughlin, CEO of Travelzoo. "We continue to invest in product development in order to make it easier to find and book deals on Travelzoo and to spur future growth. We launched a new home page this quarter and intend to start beta-testing our new hotel booking platform at the beginning of next year. Purchases on mobile products increased 41% year-over-year. On the social media side, we are now one of the more active travel brands, with over 1.8 million combined fans and followers on Facebook and Twitter." The Full Research Report on Travelzoo 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/9967_TZOO]

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 Ananya Ghosh, a CFA charterholder. 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 represented by Ananya Ghosh, CFA, has 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

www.AnalystsCorner.com

SOURCE Analysts' Corner

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