NEW YORK, August 14, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding SolarCity Corporation (NASDAQ: SCTY), Cognizant Technology Solutions Corporation (NASDAQ: CTSH), Qihoo 360 Technology Co. Ltd. (NYSE: QIHU), SunEdison, Inc. (NYSE: SUNE) and F5 Networks, Inc. (NASDAQ: FFIV). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5735-100free.
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SolarCity Corporation Research Reports
On August 7, 2014, SolarCity Corporation (SolarCity) announced its Q2 2014 financial results. The Company said its net loss attributable to stockholders widened to $47.7 million in Q2 2014 from $39.5 million in the year ago period. On a per share basis, the Company's net loss remained flat at $0.52, compared with Q2 2013. The Company posted non-GAAP net loss of $0.96 per share, beating the average forecast of a loss of $0.99 per share in a Reuters' poll of analysts. SolarCity said it experienced unprecedented demand in the quarter as it deployed 107 MW, reflecting a growth of 102% YoY, and booked orders for 218 MW in Q2 2014, up 216% YoY. SolarCity's total revenues during the quarter jumped 61.6% YoY to $61.3 million. Looking ahead, SolarCity expects to deploy 135 MW - 150 MW in Q3 2014. The full research reports on SolarCity are available to download free of charge at:
http://www.analystsreview.com/Aug-14-2014/SCTY/report.pdf
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Cognizant Technology Solutions Corporation Research Reports
On August 7, 2014, Cognizant Technology Solutions Corporation (Cognizant) announced that Montclair State University has selected the Company to revitalize its finance organization and help improve productivity, agility, and customer service. Under the multiyear agreement, Cognizant will implement Oracle's PeopleSoft Financial Management System and provide IT infrastructure support in areas of finance and accounting, procurement and grants for the duration of the implementation. According to the Company, the new system will help Montclair State University access business-critical information in a timely and efficient manner, thus enabling quick decision making. "Cognizant is committed to the higher education sector and is pleased to partner with Montclair State University in this strategic transformation initiative," said Nirav Patel, Senior Vice President, Cognizant. The full researchreports on Cognizant are available to download free of charge at:
http://www.analystsreview.com/Aug-14-2014/CTSH/report.pdf
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Qihoo 360 Technology Co. Ltd. Research Reports
On August 6, 2014, Qihoo 360 Technology Co. Ltd. (Qihoo 360) announced the closing of its private placement of convertible senior notes with principal amount of $450 million due 2020 (the "2020 notes") and convertible senior notes with principal amount of $450 million due 2021 (the "2021 notes" and together with the 2020 notes, the "notes"). The notes were sold to qualified institutional buyers and non-U.S. persons in offshore transactions. The notes are convertible into Qihoo 360's ADSs, every two ADSs representing as of the date above three Class A ordinary shares of Qihoo 360. The 2020 notes and the 2021 notes will accrue interest at an annual rate of 0.50% and 1.75%, respectively. Qihoo 360 expects to use the proceeds for general corporate purposes. The fullresearch reports on Qihoo 360 are available to download free of charge at:
http://www.analystsreview.com/Aug-14-2014/QIHU/report.pdf
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SunEdison, Inc. Research Reports
On August 7, 2014, SunEdison, Inc. (SunEdison) announced its Q2 2014 financial results. The Company reported GAAP revenues of $646.2 million in Q2 2014, an increase of 61.0% YoY, which was driven by higher solar project volume and higher sales of solar materials. SunEdison's GAAP net loss during the quarter narrowed to $41.2 million, or $0.16 per share, from $102.9 million or $0.45 per share in Q2 2013. On non-GAAP basis, the Company posted a net profit of $33.7 million, or $0.12 per diluted share, versus a loss of $42.4 million or $0.19 per diluted share in Q2 2013. Analysts polled by Reuters expected the Company's adjusted EPS loss at $0.28 and revenues at $571.8 million. Looking ahead, the Company expects solar energy systems total non-GAAP sales volume in the range of 70 MW - 80 MW in Q3 2014 and 290 MW - 320 MW in full-year 2014. The full research reports on SunEdison are available to download free of charge at:
http://www.analystsreview.com/Aug-14-2014/SUNE/report.pdf
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F5 Networks, Inc. Research Reports
On August 1, 2014, F5 Networks, Inc. (F5) issued a total of 23,000 restricted stock units ("RSUs") to 11 employees who joined F5 in association with the Company's acquisition of Defense.Net, Inc., which was completed on May 22, 2014. F5 informed that the RSUs were granted as inducements to employment in accordance with NASDAQ listing rules. The Company informed that RSUs will vest 25% on August 1, 2015 and the remaining 75% will vest in equal quarterly installments over the following three year period thereafter, subject to the employee's continued service relationship with the Company. The full research reports on F5 are available to download free of charge at:
http://www.analystsreview.com/Aug-14-2014/FFIV/report.pdf
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