NEW YORK, November 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting AOL Inc. (NYSE: AOL), 58.com Inc. (NYSE: WUBA), NII Holdings Inc. (NASDAQ: NIHD), ARC Group Worldwide, Inc. (NASDAQ: ARCW), and TELUS Corporation (NYSE: TU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
AOL Inc. Research Report
On November 5, 2013, AOL Inc. (AOL) released its Q3 2013 results. AOL registered total revenues of $561.3 million in Q3 2013, up 5.6% YoY. Net income attributable to the Company was $2.0 million in Q3 2013, compared to that of $20.8 million in Q3 2012. AOL reported diluted EPS of $0.02 in Q3 2013, compared to diluted EPS of $0.22 in Q3 2012. Commenting on the results, Tim Armstrong, AOL Chairman and CEO, said, "AOL's Q3 results are another step forward in our long-term plan." Armstrong added, "The Q3 results highlight the strength of AOL's strategy and the consistent execution of our team in delivering great consumer experiences and successful customer results." The Full Research Report on AOL Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
58. com Inc. Research Report
On November 12, 2013, 58.com Inc. (58.com) announced that the underwriters of its initial public offering exercised their option in full to purchase up to c.1.7 million additional ADS at the initial public offering price of $17.00 per ADS. 58.com reported that including the exercise of the over-allotment, the Company offered a total of c.12.7 million ADSs, which represent a total capital raise of c.$215.1 million. The Full Research Report on 58.com Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
NII Holdings Inc. Research Report
On November 11, 2013, NII Holdings Inc. (NII Holdings) announced the completion of its previously announced transaction to sell certain communications sites to American Tower Corporation. According to NII Holdings, as part of the transaction, the Company sold 1,483 communications sites in Mexico to American Tower for total proceeds of MXN4.95 billion (c.$374.3 million). Further, NII Holdings reported that Nextel Mexico has agreed to lease back the communications sites from American Tower for a minimum 12-year initial lease term and has the option to extend the lease for additional renewal periods. The Company also stated that it is on track to close the sale of communications sites in Brazil by the end of 2013 for those sites that have satisfied the necessary closing conditions. The Full Research Report on NII Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
ARC Group Worldwide, Inc. Research Report
On November 13, 2013, ARC Group Worldwide, Inc. (ARC) released its Q1 FY 2014 results (period ended September 29, 2013). ARC registered net revenues of $18.4 million in Q1 FY 2014, up 38.1% YoY. The Company posted non-GAAP adjusted earnings of $2 million in Q1 FY 2014, up 67.5% YoY. ARC reported non-GAAP adjusted EBITDA of $3.4 million in Q1 FY 2014, up 80.8% YoY, and non-GAAP adjusted EPS of $0.34 in Q1 FY 2014, up 47.8% YoY. Mr. Jason Young, Chairman and CEO of ARC, said, "I am pleased to report outstanding quarterly results that reflect continued growth in revenue, cash flow, and earnings per share. As the leader in Metal Injection Molding and other niche manufacturing businesses, we continue to focus on building our market position in these areas, both organically and through acquisitions." The Full Research Report on ARC Group Worldwide, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
TELUS Corporation Research Report
On November 8, 2013, TELUS Corporation (TELUS) released its Q3 2013 results. TELUS registered operating revenues of CAD2.9 billion in Q3 2013, up 3.6% YoY. The Company posted adjusted net income of CAD365 million, up 13.0% YoY in Q3 2013. TELUS reported adjusted EPS of CAD0.58 in Q3 2013, up 18.4% YoY. Darren Entwistle, President and CEO of TELUS, said, "TELUS once again delivered strong results, underpinned by our strategic investments in advanced broadband technology and services, coupled with our unwavering focus on putting customers first and realising operational efficiencies. Our customers first culture continues to attract new clients as evidenced by our third quarter addition of 106,000 new postpaid wireless customers, 34,000 new TV clients, and 19,000 new high-speed Internet connections. In addition to these strong growth numbers we are also reporting an industry-leading monthly postpaid wireless subscriber churn rate of only 0.99 per cent - our lowest since the first quarter of 2007." The Full Research Report on TELUS Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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