07.08.2013 14:00:00
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New Clients, Improved Services, and More Traffic Boost Revenues - Research Report on Equiix, Yandex, MercadoLibre, Sohu, and Ultimate Software
NEW YORK, August 7, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Equinix Inc. (NASDAQ: EQIX), Yandex NV (NASDAQ: YNDX), MercadoLibre Inc. (NASDAQ: MELI), Sohu.com Inc. (NASDAQ: SOHU), and The Ultimate Software Group, Inc. (NASDAQ: ULTI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Equinix Inc. Research Report
On July 30, 2013, Equinix, Inc. (Equinix) announced that Kontiki, a cloud-based enterprise video platform, has expanded its use of Platform Equinix to offer robust, reliable, low latency data delivery to its expanding European customer base. According to Equinix, Kontiki's usage expansion to Equinix LD4 International Business Exchange will bring Kontiki closer to its European customers by enhancing performance, speed of delivery, and efficiency to provide video services to enterprises. Further, Equinix stated that the deal facilitates Kontiki to have access to a global value-chain of more than 4,000 potential partners, customers, and suppliers of digital services through Equinix Marketplace, providing growth opportunities for the Company. The Full Research Report on Equinix 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/9fff_EQIX]
Yandex NV Research Report
On July 28, 2013, Yandex NV (Yandex) announced that its worldwide users can opt for its offer to buy additional space in its cloud storage service, Yandex Disk. According to Yandex after 20GB of free storage space, Yandex offers additional cloud space in three sizes, of 10 GB, 100 GB or 1 TB for one month or a full year with no limit to the number of packages that a single user may purchase from the Yandex. The Company informed that a 10 GB package costs $1 for a month or $10 for a year, while 100 GB can be purchased for $5 or $50, and a 1 TB for $30 or $300, respectively. The Company stated that users from any country may pay with MasterCard or Visa, while those in Russia and Ukraine may also pay through Yandex.Money, although automatic renewal is available only to users paying by bank card. The Full Research Report on Yandex NV - 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/ba6c_YNDX]
MercadoLibre Inc. Research Report
On August 1, 2013, MercadoLibre Inc. (MercadoLibre) reported its Q2 2013 financial results with net revenues up 26.3% YoY to $112.2 million. Net income attributable to MercadoLibre shareholders was $30.0 million, or $0.67 per diluted share, compared to net income of $25.4 million or $0.57 per diluted share in Q2 2012. Marcos Galperin, President and CEO of MercadoLibre, said, "Our strong performance this quarter validates the strength of our ecosystem and highlights our ability to execute on our strategic initiatives. We continue to focus on improving the user experience on our platform, making it easier for consumers in the region to transition to on-line commerce, reflected in this second consecutive quarter of accelerating growth in sold items. We are pleased with our results thus far, and remain excited about the opportunity ahead of us." The Full Research Report on MercadoLibre 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/e189_MELI]
Sohu.com Inc. Research Report
On July 29, 2013, Sohu.com Inc. (Sohu) reported its unaudited financial results for Q2 2013. The Company's total revenues increased 32.5% YoY to $338.9 million. Net income attributable to Sohu was $21.6 million, or $0.56 per diluted share, in Q2 2013, compared to net income of 12.8 million or 0.28 per diluted share, in Q2 2012. Dr. Charles Zhang, Chairman and CEO of Sohu, commented, "We are pleased to report encouraging results across our business lines for the second quarter. Notably, for our online video business, most if not all operating metrics are ramping up fast during the first 7 months of 2013, showing robust growth in user, traffic and revenues. Sogou and Changyou businesses continued to track well, building further on their solid fundamentals." The Company expects Q3 2013 revenue to be within $358 million to$370 million. The Full Research Report on Sohu.com 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/732b_SOHU]
The Ultimate Software Group, Inc. Research Report
On July 30, 2013, The Ultimate Software Group, Inc. (Ultimate Software) reported its Q2 2013 financial results with total revenues up 23.1% YoY to $97.5 million. Net income was $4.9 million, or $0.17 per diluted share compared to $2.7 million or $0.09 per diluted share, in Q2 2012. Scott Scherr, Founder, President, and CEO of Ultimate Software, stated, "Our second quarter revenue results were in line with our expectations and our 2013 goals, and our operating margin once again exceeded our expectations." For Q3 2013, the Company expects recurring revenues of c.$84.0 million, total revenues of c.$103.0 million, and non-GAAP operating margin of c.18%. For full-year 2013, the Company expects recurring revenues and total revenues to increase 25%YoY and 23% YoY, respectively. The Company also expects non-GAAP operating margin of c.17% for full-year 2013. The Full Research Report on The Ultimate Software 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/df0d_ULTI]
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MercadoLibre IncShs | 1 726,60 | 0,34% | |
Yandex | 31,18 | 2,20% |