09.08.2013 14:00:00

Diversified Tech Companies Release Financial Results and Sign New Agreements - Research Report on Sprint, Corning, Allot Communications, Neustar, and Level 3

NEW YORK, August 9, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Sprint Nextel Corp. (NYSE: S), Corning Inc. (NYSE: GLW), Allot Communications Ltd. (NASDAQ: ALLT), NeuStar, Inc. (NYSE: NSR), and Level 3 Communications Inc. (NYSE: LVLT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Sprint Nextel Corp. Research Report

On July 30, 2013, Sprint Nextel Corp. (Sprint) released its Q2 2013 financial results. Sprint reported wireless service revenue of $7.2 billion, an increase of 7.6% YoY. The Company reported net loss of $1.6 billion or $0.53 per diluted share, in Q2 2013, compared to a net loss of $1.4 billion or $0.46 per diluted share in Q2 2012. Net operating revenues increased 0.4% YoY to $8.9 billion. Sprint stated that it would be increasing its full-year 2013 adjusted operating income before depreciation and amortization (OIBDA) forecast to range between $5.5 billion and $5.7 billion. Previously, adjusted OIBDA was forecasted to be at the high end of $5.2 billion and $5.5 billion range, excluding the diluted effects of the Softbank and Clearwire transactions, estimated at approximately $400 million. The Full Research Report on Sprint Nextel Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/S]

--

Corning Inc. Research Report

On July 30, 2013, Corning Inc. (Corning) released its Q2 2013 financial results. On a GAAP basis, the Company reported net sales of $1.9 billion, a 3.9% YoY increase. The Company's GAAP net income attributable to the Company stood at $638 million or $0.43 per share, compared to net income of $474 million or $0.31 earnings per share in Q2 2012. The Company stated that in Q3 2013, it expects to achieve its fourth consecutive quarter of year-over-year earnings growth. Commenting on the future outlook of the Company, James B. Flaws, Vice Chairman and CFO of Corning said, "We believe Corning will continue to have good sales and earnings growth, driven by our Display Technologies segment's success in moderating LCD glass price declines; our leadership positions and strong customer relationships in all of our segments; and growth from new products." The Full Research Report on Corning Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/GLW]

--

Allot Communications Ltd. Research Report

On August 6, 2013, Allot Communications Ltd. (Allot Communications) released its Q2 2013 financial results. As reported in a Bloomberg release, the Company registered a decline of 19.7% YoY in GAAP total revenue of $21.2 million. GAAP net loss of $3.9 million, or $0.12 per diluted share in Q2 2013 compared to a net profit of $2.7 million, or $0.08 per diluted share in Q2 2012. Reflecting on the Company's current quarter performance, Rami Hadar, Allot Communication's President and CEO said, " In the second quarter we made good progress with our Tier 1 mobile U.S. operator, increasing the announced follow-on order to more than $10 million. We expect that the booking results of the last two quarters will set a good foundation to resumed growth in the following quarters." The Full Research Report on Allot Communications Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/ALLT]

--

NeuStar, Inc. Research Report

On July 30, 2013, NeuStar, Inc. (Neustar) released its Q2 2013 financial results. The Company's reported that its total revenue for the current quarter increased by 6.7% YoY to $220.4 million. Net income of $43.4 million or earnings of $0.65 per share, was higher as compared to net income of $38.6 million or earnings of $0.57 per diluted share in Q2 2012. Neustar also stated that the Company's adjusted net income for the current quarter was $56.9 million, reflecting an increase of 11.1% YoY. Adjusted net income margin was 26% in Q2 2013, as compared to 25% in Q2 2012. The Full Research Report on NeuStar, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/NSR]

--

Level 3 Communications Inc. Research Report

On August 6, 2013, Level 3 Communications Inc. (Level 3) announced that it has signed an agreement to provide a North American satellite gateway for O3b Networks, a global satellite service provider building a next-generation satellite network for telecommunications operators, Internet service providers, and enterprise and government customers in emerging markets. According to Level 3, the Company, Other Three Billion (O3b) focuses on emerging and insufficiently connected markets in Latin America, Africa, the Middle East, Asia and the Pacific. Commenting on the agreement, Mark Taylor, Vice President of Media and IP Services for Level 3 said, "Level 3's global IP network paired with its comprehensive transport services gives O3b the platform it needs to deliver satellite-based Internet at the speed of a fiber-optic network. Level 3 is proud to help enable Internet connectivity to billions of people across the globe." The Full Research Report on Level 3 Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/LVLT]

----

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 a CFA. 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@EquityNewsNetwork.com.
  • For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.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 Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

    Equity News Network 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

    Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.


    SOURCE Investors' Reports

    Nachrichten zu NeuStar IncShs -A-mehr Nachrichten

    Keine Nachrichten verfügbar.

    Analysen zu NeuStar IncShs -A-mehr Analysen

    Eintrag hinzufügen
    Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
    Es ist ein Fehler aufgetreten!

    Aktien in diesem Artikel

    Allot Communications LtdShs 4,94 -1,20% Allot Communications LtdShs
    Corning Inc. 45,88 -2,47% Corning Inc.