Software Companies Deliver Shareholder Value through Solid Revenues, Acquisitions, and Expansion - Research Report on F5, IGT, Adobe, TSYS, and Nuance

NEW YORK, July 29, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting F5 Networks, Inc. (NASDAQ: FFIV), International Game Technology (NYSE: IGT), Adobe Systems Inc. (NASDAQ: ADBE), Total System Services, Inc. (NYSE: TSS), and Nuance Communications, Inc. (NASDAQ: NUAN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

F5 Networks, Inc. Research Report

On July 24, 2013, F5 Networks, Inc. (F5) released its Q3 FY 2013 financial results (period ended June 30, 2013). Revenues were up 5% YoY to $370.3 million. Net income was also down 5.7% YoY to $68.2 million, or $0.86 per diluted share. John McAdam, President and CEO of F5, commented, "Strong sales in the Americas led to a 6 percent sequential increase in both product and overall revenue. Product sales during the quarter were driven by growing demand for our BIG-IP 4000 appliances and our new entry-level BIG-IP 2000 series. In late June, we released our new midrange BIG-IP 5000 and BIG-IP 7000 series appliances, and initial customer response has been very encouraging." F5 reported that it expects Q4 FY 2013 revenue to be between $378 million and $388 million. Also, its GAAP earnings target is between $0.93 and $0.96 per diluted share. The Full Research Report on F5 Networks, 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/57ea_FFIV]

--

International Game Technology Research Report

On July 23, 2013, International Game Technology (IGT) released its Q3 FY 2013 financial results (period ended June 30, 2013). Revenue was up 8.7% YoY to $579 million led by growth of machine sales in North America and social gaming. Operating income was up 28.8% YoY to $123 million. Income from continuing operations was up 40.1% YoY to $65.7 million and EPS from continuing operations was up 56.3% YoY to $0.25. Patti Hart, CEO of IGT, said, "We are pleased to report another quarter of strong financial performance demonstrated by growth in revenue, operating income and EPS. Our momentum continues and is bolstered by our focused attention on the execution of our business strategy and positive leverage from the broad distribution of our best-in-class content." IGT also affirmed its full-year FY 2013 guidance for adjusted earnings from continuing operations to be between $1.26 and $1.32 per share. The Full Research Report on International Game Technology - 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/6ac9_IGT]

--

Adobe Systems Inc. Research Report

On July 23, 2013, Adobe Systems, Inc. (Adobe) announced that it has successfully completed the acquisition of Neolane - a privately held company which provides cross-channel campaign management technology. Brad Rencher, Senior Vice President and General Manager of Adobe's Digital Marketing business, stated, "With the completion of the Neolane acquisition, Adobe's lead in digital marketing is extended further, bringing critical cross-channel campaign management capabilities to the Adobe Marketing Cloud. What's most exciting is the enthusiasm we've heard from marketers who have been asking for a comprehensive solution that makes their day-to-day work easier and more effective." The Full Research Report on Adobe 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/fbf3_ADBE]

--

Total System Services, Inc. Research Report

On July 23, 2013, Total System Services, Inc. (TSYS) released its Q2 2013 financial results. Revenues were up 3.4% YoY to $478.4 million. Operating income was up 3.5% YoY to $95.3 million. Diluted EPS was down 12.4% YoY to $0.31. For H1 2013, revenues were up 2.1% YoY to $943.4 million. H1 2013 operating income was down 3.8% YoY to $170.2 million, and diluted EPS was down 5.9% YoY to $0.61. Philip W. Tomlinson, Chairman of the Board and CEO of TSYS, said, "Our financial results for the first six months met our expectations excluding currency translation adjustments and merger and acquisition expenses. The acquisition of NetSpend is a transformational event for us. NetSpend's revenue has grown at a 22% CAGR over the past five years. The next two years will be very exciting as we work on the integration of NetSpend." TSYS revised its full-year 2013 guidance with revenues expected to be in the range of approximately $2.1 billion to $2.2 billion. Adjusted EBITDA is expected to be in the range of $639 to $652 million, whereas adjusted cash EPS is expected to be in the range of $1.69 to $1.72. The Full Research Report on Total System Services, 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/08b4_TSS]

--

Nuance Communications, Inc. Research Report

On July 17, 2013, Nuance Communications, Inc. (Nuance) announced that it has increased its staff and extended its support and service in the Asia-Pacific region to meet the growing customer requirements. Stephen Dubois, Director of Nuance, commented, "Nuance's investment in and dedication to the Asia-Pacific market is unwavering and we will continue to deliver the best print management solutions, support, and service in the market." According to the Company, it has recently improved its distribution network, strengthened its hiring efforts for local staff and extended its support services. 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]

----

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.

AnalystsCorner.com

SOURCE Analysts' Corner