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

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]

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