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Growing User Base, Acquisitions, and New Technology Platforms Boost Revenues - Research Report on Catamaran, AVG Technologies,

Growing User Base, Acquisitions, and New Technology Platforms Boost Revenues -
  Research Report on Catamaran, AVG Technologies, Ellie Mae, CommVault, and
                                   Fortinet

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, August 7, 2013

NEW YORK, August 7, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Catamaran
Corp. (NASDAQ: CTRX), AVG Technologies N.V. (NYSE: AVG), Ellie Mae Inc. (NYSE:
ELLI), CommVault Systems, Inc. (NASDAQ: CVLT), and Fortinet Inc. (NASDAQ:
FTNT). Today's readers may access these reports free of charge - including
full price targets, industry analysis and analyst ratings - via the links
below.

Catamaran Corp. Research Report

On August 1, 2013, Catamaran Corp. (Catamaran) reported its financial results
for Q2 2013. The Company's revenue increased 100.7% YoY to $3.4 billion, and
GAAP net income attributable to Catamaran was up 132.2% YoY to $63.4 million.
Commenting on the results, Mark Thierer, Chairman and CEO of Catamaran, said,
"During the second quarter of 2013, we continued to successfully execute our
growth strategy, driving new customer wins by leveraging our flexibility and
customizable model to deliver more control and savings to our clients.
Additionally, with our announced purchase of Restat we continue to drive a
highly accretive acquisition strategy. We have assembled a highly skilled
leadership team, coupled with the industry's leading technology platform,
which together are yielding exceptional results for our clients and
shareholders alike." The Full Research Report on Catamaran Corp. - 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/d197_CTRX]

--

AVG Technologies N.V. Research Report

On August 1, 2013, AVG Technologies N.V. (AVG Technologies) reported its
financial results for Q2 2013. The Company's revenue grew 21.6% YoY to $100.4
million, and net income was up 96.4% YoY to $21.7 million during the quarter.
John Little, Chief Financial Officer of AVG Technologies, said, "We have again
reported strong financial results for the quarter and delivered solid growth
in our subscription business. Our platform business contributed well,
following a record first quarter. We closed the quarter with 155 million
active users, a year over year increase of 21 percent, including 44 million
mobile users, up nicely over the first quarter. We remain confident in the
opportunity ahead with mobile as the cornerstone of our multi-platform,
multi-screen strategy." The Full Research Report on AVG Technologies N.V. -
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/7ffd_AVG]

--

Ellie Mae Inc. Research Report

On August 1, 2013, Ellie Mae Inc. (Ellie Mae) reported its financial results
for Q2 2013. The Company's revenue increased 45.3% YoY to $34.3 million in Q2
2013. Net income was $3.7 million or $0.13 per diluted share in Q2 2013, down
compared to net income of $5.0 million or $0.21 per diluted share in Q2 2012.
Commenting on the results, Sig Anderman, CEO of Ellie Mae, said, "Once again,
we sold a record number of SaaS Encompass360 seats, with a particularly strong
increase in new customers, while adding more users at current customers and
upgrading existing licensed customers to our SaaS platform. We also
experienced good momentum in increasing the number of new active SaaS users
during the quarter, providing a solid foundation for future growth." He added,
"During the second quarter we accelerated our investment in our sales and
client services capabilities as well as in technology infrastructure to
support our rapid user seat additions and overall business growth. This
resulted in higher operating expenses for the second quarter."The Full
Research Report on Ellie Mae 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/3682_ELLI]

--

CommVault Systems, Inc. Research Report

On July 30, 2013, CommVault Systems, Inc. (CommVault) announced its financial
results for Q1 FY 2014 (period ended June 30, 2013). The Company's total
revenues increased 20.8% YoY to $134.4 million, and net income was up 33.0%
YoY to $13.5 million during the quarter. N. Robert Hammer, CommVault's
Chairman, President, and CEO, said, "Our year-over-year revenue growth of 21%
was driven by continued demand for our Simpana 10 data and information
management software platform and excellent results from our services
organization. Our first quarter revenue and earnings performance continues to
validate our market leadership and technological innovation combined with our
operating discipline."The Full Research Report on CommVault Systems, 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/f0cc_CVLT]

--

Fortinet Inc. Research Report

On July 30, 2013, Fortinet Inc. (Fortinet) reported its financial results for
Q2 2013. The Company's total revenue increased 14.3% YoY to $147.4 million,
with product revenue growth of 7.8% YoY to $66.5 million and services revenue
growth of 21.8% YoY to $79.7 million, in Q2 2013. Net income was down 35.6%
YoY to $9.0 million during the quarter. Ken Xie, Founder, President, and CEO
of Fortinet, commented, "Our ability to meet or exceed billings, revenue and
profitability expectations during the second quarter against challenging
conditions in some markets and geographies highlights the breadth and
diversity of Fortinet's business." The Full Research Report on Fortinet 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/b859_FTNT]

----

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SOURCE Analysts' Corner

Contact: Joe Thomas, CONTACT PHONE: +1-310-496-8071 (North America)