NEW YORK, April 24, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Fortinet Inc (NASDAQ: FTNT), Rambus Inc. (NASDAQ: RMBS), Palo Alto Networks Inc (NYSE: PANW), Cyberark Software Ltd (NASDAQ: CYBR), and China Finance Online Co. (NASDAQ: JRJC). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
FTNT Research Report: ( http://get.analystsreview.com/pdf/?c=Fortinet&d=24-Apr-2015&s=FTNT ),
RMBS Research Report: ( http://get.analystsreview.com/pdf/?c=Rambus&d=24-Apr-2015&s=RMBS ),
PANW Research Report: ( http://get.analystsreview.com/pdf/?c=Palo%20Alto%20Networks&d=24-Apr-2015&s=PANW ),
CYBR Research Report: ( http://get.analystsreview.com/pdf/?c=Cyberark%20Software&d=24-Apr-2015&s=CYBR ),
JRJC Research Report: ( http://get.analystsreview.com/pdf/?c=China%20Finance%20Online&d=24-Apr-2015&s=JRJC ).
Analyst Update: Financial Results, Recognitions, and Upcoming Earnings
Reviewed by: Rohit Tuli, CFA®
U.S. stocks continued to surge to record highs on Thursday as the Nasdaq Composite closed at its highest level ever, supported by better than expected corporate earnings. The Nasdaq Composite gained 0.41%, or 20.89 points to close at an all-time record high of 5056.06. The S&P 500 advanced 0.24%, or 4.97 points to 2112.93, and the Dow Jones Industrial Average closed the session at 18,058.69, up 0.11% or 20.42 points. European stocks mostly closed lower on Thursday as investors remained vigil on Greece's debt turmoil and cash crunch situation. Germany's DAX 30 and France's CAC 40 dropped 1.21% and 0.62%, respectively, while London's FTSE 100 gained modestly by 0.3% on Thursday. Meanwhile, Asian stock markets mostly advanced on Thursday as the Shanghai Composite and Japan's Nikkei both closed higher.
Fortinet Inc announced on April 21, 2015 that its Next Generation Intrusion Prevention System (NGIPS) received the highest position of any vendor in the latest NSS Labs performance testing. Fortinet stated that its NGIPS demonstrated 99.2% block rates, earned the NSS "Recommended" rating with high scores in all testing categories, and came in as the solution with the best Total Cost of Ownership (TCO) per Megabit Per Second (Mbps) protected.
Rambus Inc. posted net income growth for the first quarter of 2015 over the comparable prior year quarter. However, the revenue declined over the same period. On April 20, 2015, the Company reported that its net income increased to $9.5 million or $0.08 per diluted share for first quarter of 2015, from a net income of $7.8 million or $0.07 per diluted share in the first quarter of 2014.
Palo Alto Networks Inc reported that it has received a superior security score in the NSS Labs 2015 Next-Generation Intrusion Prevention System (NGIPS) test for its enterprise security platform. The Palo Alto Networks platform achieved the highest security efficacy ratings of any other offering tested when exposed to live (real-time) drive-by exploits.
Cyberark Software Ltd is scheduled to report its first quarter 2015 financial results after the U.S. financial markets close on Thursday, May 7, 2015. On the same day, the Company will also host a conference call at 5:00 p.m. ET to discuss the first quarter financial results and its business outlook.
China Finance Online Co. posted a 95% YoY increase in its net income to $3.6 million for fourth quarter 2014. However, revenues declined 29% YoY to $18.8 million over the same period.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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