Welcome!

Linux Containers Authors: Liz McMillan, Pat Romanski, John Esposito, Flint Brenton, Dana Gardner

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
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 Silicon Valley Call for Papers is now open.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change t...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided 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 sett...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
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, Bradley Holt, Developer Advocate a...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
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...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
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, Digital Transformation, 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 opportuni...
industrial company for a multi-year contract initially valued at over $4.0 million. In addition to DataV software, Bsquare will also provide comprehensive systems integration, support and maintenance services. DataV leverages advanced data analytics, predictive reasoning, data-driven diagnostics, and automated orchestration of remediation actions in order to improve asset uptime while reducing service and warranty costs.
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...