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Solid Market Conditions, Strong Cost Management, and Product Innovations and Strategies - Research Report on Ansys, Motorola, Harris, Arris, and Vocera


News provided by

Analysts' Corner

Aug 06, 2013, 08:00 ET

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NEW YORK, August 6, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Ansys, Inc. (NASDAQ: ANSS), Motorola Solutions, Inc. (NYSE: MSI), Harris Corp. (NYSE: HRS), Arris Group Inc. (NASDAQ: ARRS), and Vocera Communications, Inc. (NYSE: VCRA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Ansys, Inc. Research Report

On August 1, 2013, Ansys, Inc. (Ansys) reported its Q2 2013 financial results with reported GAAP revenue of $214.9 million, reflecting a 10.2% YoY growth. GAAP diluted EPS was $0.59, up 11.3% YoY during the quarter. GAAP operating profit margin in Q2 2013 remained unchanged from Q2 2012 at 36.5%. Jim Cashman, ANSYS President and CEO stated, "Q2 was a very strong quarter for ANSYS with revenues and earnings above the high end of our guidance range. Overall, the business performed well on both the software license and the maintenance and service lines. The results reflect a combination of improved execution in targeted areas and a minor improvement in the stability of the general business climate. During the second quarter, we also took advantage of market conditions and returned capital to our stockholders through the repurchase of almost one million shares." For full year 2013, Ansys anticipates GAAP revenue in the range of $855.4 million to $870.4 million and GAAP diluted EPS of $2.29 to $2.38. The Full Research Report on Ansys, 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/c7cc_ANSS]

--

Motorola Solutions, Inc. Research Report

On July 30, 2013, Motorola Solutions Inc. (Motorola Solutions) launched the new MOTOTRBOCP200d, the digital-capable version of the best-selling CP200 portable two-way radio which provides businesses an easy transition to digital technology. The Company informed that the radio can simultaneously operate in digital and analog modes and fits seamlessly into existing communication system. According to Motorola Solutions, digital two-way radios provide unique features that include better audio quality and clarity; enhanced coverage due to better error-correction; higher spectral efficiency leading to increased capacity; and higher power efficiency leading to longer battery life. Hal Herron, Vice President and Senior Director, North America Radio Channels at Motorola Solutions, said, "Motorola Solutions has expanded its single MOTOTRBO™ digital radio into a portfolio of more than 20 different models in the span of a few years, and we continue to redefine what customers expect from a two-way radio. As we lead the revolution in digital voice and data communications for enterprises, we remain committed to driving the innovation of our two-way radios and accessories to help our customers be their best in the moments that matter." The Full Research Report on Motorola Solutions, 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/e869_MSI]

--

Harris Corp. Research Report

On July 30, 2013, Harris Corp. (Harris) reported its Q4 FY 2013 (period ended June 28, 2013) results with revenue at $1.4 billion, down 5.3% YoY. GAAP income from continuing operations totaled $70.5 million, or $0.65 per diluted share, in Q4 FY 2013, compared with $136.1 million or $1.20 per diluted share in Q4 FY 2012. During the quarter, Harris achieved total orders of $1.43 billion compared to $1.48 billion in Q4 FY 2012. William M. Brown, President and CEO of Harris, said, "Fourth quarter results were solid in a tough government spending environment, performance benefited from our commitment to operational excellence and ongoing cost-reduction efforts, including restructuring actions announced in April that were executed faster than expected and generated fourth quarter cost savings." During full year FY 2013, Harris reported a 6.2% YoY decline in revenue to $5.1 billion, and GAAP income from continuing operations stood at $461.9 million or $4.16 per diluted share, compared with $555.9 million or $4.8 per diluted share, in full year FY 2012. For full year FY 2014, the Company anticipates revenue to be around 1% to 3% less than FY 2013 revenue and GAAP income from continuing operations in the range of $4.65 to $4.85 per diluted share. The Full Research Report on Harris Corp. - 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/38f3_HRS]

--

Arris Group Inc. Research Report

On July 30, 2013, Arris Group Inc. (Arris) announced that it has joined Multimedia over Coax Alliance's (MoCA) Board of Directors. Carol Ansley, Senior Director IP Engineering at ARRIS commented, "ARRIS has brought together the industry's leading portfolio of operator and consumer solutions on a global scale, and MoCA technology is a vital component of our product strategy." The Company informed that ARRIS has been a member of MoCA since 2008 and it gained the Board seat as a result of its acquisition of Motorola Mobility's Home Business. The Full Research Report on Arris Group 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/f104_ARRS]

--

Vocera Communications, Inc. Research Report

On July 22, 2013, Vocera Communications, Inc. (Vocera) announced the schedule of its Q2 2013 financial results. The Company will report its quarterly earnings on August 5, 2013, Monday after market close. Following the earning release, Vocera will hold a conference call on the same day at 5:00 p.m. ET. The Company will also provide a live webcast of the call. A replay of the call will be archived on the Company's website. The Full Research Report on Vocera 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/fb12_VCRA]

----

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.

http://www.analystscorner.com/

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