Deployment of Solutions, Debt Prepayments, Earnings Results, and Launch of New Products - Analyst Notes on QUALCOMM, CIENA, Arris, Infoblox and Ericsson
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 5, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding QUALCOMM Incorporated (NASDAQ: QCOM), CIENA Corp. (NYSE: CIEN), Arris Group Inc. (NASDAQ: ARRS), Infoblox Inc. (NYSE: BLOX) and Ericsson (NASDAQ: ERIC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3407-100free.
QUALCOMM Incorporated Analyst Notes
On June 2, 2014, shares of QUALCOMM Incorporated (QUALCOMM) closed trading at $80.48, up 0.04% from previous day's closing price. Over the past month of trading, QUALCOMM's shares have gained 1.89% while the Nasdaq Composite has increased 2.75% during that same period. The full analyst notes on QUALCOMM are available to download free of charge at:
CIENA Corp. Analyst Notes
On May 27, 2014, CIENA Corp. (CIENA) announced that F6 Networks is deploying the Company's converged packet optical and packet networking solutions to deliver high-capacity broadband connectivity between Saint John and Fredericton, New Brunswick. According to the Company, with this new 100G network, F6 Networks will cater to the growing demand for broadband connectivity throughout the province, bringing more scalable and secure communication services to users to help drive sustainable economic development. CIENA also stated that F6 will introduce 10Gb and 1Gb Ethernet services to New Brunswick, in order to respond to the bandwidth needs of the region's major metropolitan hubs. "Ciena's programmable network architectures are built on a comprehensive platform of packet-optical and packet networking technologies that can scale and adapt. Our goal is to help service providers like F6 respond to the demands of their customers, connecting local communities to global markets." Ken McIver, Vice President, Regional Sales, Ciena. The full analyst notes on CIENA are available to download free of charge at:
Arris Group Inc. Analyst Notes
On June 2, 2014, Arris Group Inc. (Arris) announced that it has completed an optional principal prepayment of its senior secured credit facilities in the amount of $150 million on May 29, 2014. Arris informed that the due to the prepayment, the Company's total outstanding indebtedness at face value stood at $1,589 million, (as of May 31, 2014) which comprised of $1,045 million under the Term Loan A and $544 million under the Term Loan B. Arris also stated that since acquiring the Motorola Home business from Google on April 17, 2013, the Company has successfully deleveraged its balance sheet through the redemption of convertible notes and through mandatory and optional payments of its senior secured credit facilities totaling $568 million. The Company mentioned that at the end of Q4 2013, its leverage ratio declined to 2.77, and as a result pursuant to the terms of the Company's credit facilities, the interest rate on the Term Loan A debt declined by 25 basis points. The full analyst notes on Arris are available to download free of charge at:
Infoblox Inc. Analyst Notes
On May 29, 2014, Infoblox Inc. (Infoblox) reported its financial results for Q3 FY 2014 (period ended April 30, 2014). Total net revenues increased 5.1% YoY to $61.0 million. Non-GAAP net income came in at $3.8 million or $0.07 per diluted share, compared to $6.0 million or $0.11 per diluted share in Q3 FY 2013. President and CEO Robert Thomas said, "Revenue for the third quarter was $61 million, which was at the low-end of our guidance range of $61 million to $62 million. While we made progress in a few areas of the company, we again experienced challenges in closing seven-figure transactions. Clearly, our top priority is to reaccelerate top-line growth and we are taking actions to improve sales execution. Importantly, we believe our competitive position continues to be strong and our addressable market is growing, and we are optimistic about the opportunities before us." For full-year FY 2014, the Company anticipates net revenue to be in the range of $245 million to $246 million and Non-GAAP EPS to be within $0.30 to $0.32. The full analyst notes on Infoblox are available to download free of charge at:
Ericsson Analyst Notes
On June 2, 2014, Ericsson introduced a powerful, real time, big data analytics platform - the Ericsson Expert Analytics. According to the Company, the new platform will enable operators to derive actionable insights from big data and to convert those insights into appropriate actions in real time. Ericsson stated that Expert Analytics is a fully configurable, horizontal platform that can support a wide variety of use cases for marketing, customer care, operations and network, based on fresh data from network nodes, OSS/BSS, probes, terminals, social media and others sources. Elisabetta Romano, Vice President and Head of OSS and Service Enablement, Business Unit Support Solutions, Ericsson, said, "Operators that deploy Ericsson Expert Analytics gain the power and flexibility they need to address current and future agility challenges. Now, operators can delight customers and optimize operational efficiencies while raising big data and analytics to a new level that generates business value and customer intimacy." The full analyst notes on Ericsson are available to download free of charge at:
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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 pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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
Analysts Review 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
Analysts Review 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 Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review 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.
SOURCE Analysts Review