Welcome!

Linux Containers Authors: Liz McMillan, Reinhard Brandstädter, Elizabeth White, Cynthia Dunlop, Derek Weeks

News Feed Item

Financial Results Releases, Public Offer Pricings, Event Updates, and Senior Level Promotions - Analyst Notes on Red Hat, 58.com, CommScope, Palo Alto, and Catamaran

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

NEW YORK, April 2, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Red Hat, Inc. (NYSE: RHT), 58.com Inc. (NYSE: WUBA), CommScope Holding Company, Inc. (NASDAQ: COMM), Palo Alto Networks, Inc. (NYSE: PANW), and Catamaran Corporation (NASDAQ: CTRX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

--

Red Hat, Inc. Analyst Notes 

On March 27, 2014, Red Hat, Inc. (Red Hat) announced its financial results for Q4 FY 2014 and FY 2014 (period ended February 28, 2014). The Company reported a 15.1% YoY increase in revenues to $400.4 million during the quarter, while revenues for FY 2014 came in at $1.5 billion, up 15.5% YoY. Net income for Q4 FY 2014 came in at $45.1 million, or $0.24 per diluted share, as compared to $43.0 million, or $0.22 per diluted share, in Q4 FY 2013. For FY 2014, the net income increased to $178.3 million, or $0.93 per diluted share, as compared to $150.2 million, or $0.77 per diluted share, in FY 2013. Commenting on the results, Jim Whitehurst, President and CEO of Red Hat said, "The fourth quarter was a strong finish to fiscal 2014, and it was highlighted by a record number of deals over $1 million and 24% growth in our billings proxy to $565 million. Continued strong demand for Red Hat's technology portfolio drove strong growth in our core platform and application development technologies during the fourth quarter." On March 28, 2014, the stock declined 6.95% to close at $52.23, following the Company's FY 2015 earnings guidance which, the analysts said, was below expectations. Red Hat expects FY 2015 adjusted EPS to be in range of $1.54 - $1.56. The full analyst notes on Red Hat, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04022014/RHT/report.pdf

--

58.com Inc. Analyst Notes 

On March 28, 2014, 58.com Inc. (58.com) announced the pricing of the previously announced registered follow-on public offering of American depositary shares (ADS) by the Company and certain selling shareholders at $38.00 per ADS. The Company informed that it will issue and sell 2.0 million ADSs and the selling shareholders will sell an aggregate of 4.0 million ADSs. The total proceeds to the Company will be approximately $76.0 million. In connection with this offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an aggregate of 0.9 million additional ADSs. 58.com informed that it will not receive any proceeds from the sale of the ADSs by the selling shareholders. The full analyst notes on 58.com Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04022014/WUBA/report.pdf

--

CommScope Holding Company, Inc. Analyst Notes 

On March 27, 2014, CommScope Holding Company, Inc. (CommScope) announced the pricing of its secondary offering of 17.5 million shares of its common stock at $22.00 per share. The Company informed that all of the shares of common stock offered are being sold by an affiliate of The Carlyle Group (the "selling stockholder"). The selling stockholder has also granted the underwriters a 30-day option to purchase up to an additional 2.63 million shares at the public offering price. CommScope will not receive any of the proceeds from the offering of shares by the selling stockholder. J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch are acting as lead book-running managers for the offering. The full analyst notes on CommScope Holding Company, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04022014/COMM/report.pdf

--

Palo Alto Networks, Inc. Analyst Notes 

On March 26, 2014, Palo Alto Networks, Inc. (Palo Alto) announced more additions to the lineup of speakers and sessions for Ignite 2014 -- the largest gathering of enterprise security experts in the world. The Company stated that more than half of this year's Ignite sessions will showcase how Palo Alto customers are using a next-generation platform to solve their biggest security challenges, from protecting mobile infrastructure to guarding against advanced persistent threats (APT). The attendees at the Ignite 2014 will experience 55+ technical sessions from security product experts and customers, keynote discussions from today's leading thinkers on cybersecurity, and hands-on training to build their security platform expertise, including 1-on-1 Expert Labs. Ignite 2014 is scheduled from March 31 to April 2, 2014, at The Cosmopolitan in Las Vegas. The full analyst notes on Palo Alto Networks, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04022014/PANW/report.pdf

--

Catamaran Corporation Analyst Notes 

On March 24, 2014, Catamaran Corporation (Catamaran) announced the promotion of Jeff Park to the newly-created position of Executive Vice President, Operations, and of Mike Shapiro, who will succeed Park as Senior Vice President & CFO. In their new roles, Park will oversee all PBM Operations, IT, Product Development, Government Programs, Quality, Innovation and Legal activities, while Shapiro will assume all responsibilities for Finance and Investor Relations. The full analyst notes on Catamaran Corporation are available to download free of charge at:

http://www.AnalystsReview.com/04022014/CTRX/report.pdf

--

About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

--

=============

EDITOR NOTES: 

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • 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.
  • 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.
  • 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] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com 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 Analysts Review. An outsourced research services provider represented by Ananya Ghosh, CFA, 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

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
SYS-CON Events announced today that 24Notion has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. 24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to con...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
Korean Broadcasting System (KBS) will feature the upcoming 18th Cloud Expo | @ThingsExpo in a New York news documentary about the "New IT for the Future." The documentary will cover how big companies are transmitting or adopting the new IT for the future and will be filmed on the expo floor between June 7-June 9, 2016, at the Javits Center in New York City, New York. KBS has long been a leader in the development of the broadcasting culture of Korea. As the key public service broadcaster of Korea...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will discuss the vast to...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
SYS-CON Events announced today the How to Create Angular 2 Clients for the Cloud Workshop, being held June 7, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified. Now it’s a component-based well-performing framework. The immersive one-day workshop led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, will provide an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life ...