Diversified Tech Companies Release Financial Results and Sign New Agreements - Research Report on Sprint, Corning, Allot Communications, Neustar, and Level 3 Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, August 9, 2013 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: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.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. 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Diversified Tech Companies Release Financial Results and Sign New Agreements - Research Report on Sprint, Corning, Allot
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