Announcements of Quarterly Financial Results, Web Presence Development Initiatives, and IT Sales Strategies Report - Research

    Announcements of Quarterly Financial Results, Web Presence Development
    Initiatives, and IT Sales Strategies Report - Research Report on CSC,
                    Rackspace, Gartner, Riverbed, and NCR

PR Newswire

NEW YORK, August 9, 2013

NEW YORK, August 9, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Computer
Sciences Corporation (NYSE: CSC), Rackspace Hosting, Inc. (NYSE: RAX),
Gartner, Inc. (NYSE: IT), Riverbed Technology, Inc. (NASDAQ: RVBD), and NCR
Corporation (NYSE: NCR). Today's readers may access these reports free of
charge - including full price targets, industry analysis and analyst ratings -
via the links below.

Computer Sciences Corporation Research Report

On August 6, 2013, Computer Sciences Corporation (CSC) reported Q1 FY 2014
(period ended June 28, 2013) financial results with revenues of $3.3 billion,
down 8.3% YoY. Net income attributable to CSC was up 290% YoY to $156 million,
and diluted EPS from continuing operations was $1.02 (including $0.11 from
discontinued operations), compared with $0.26 (including $0.16 from
discontinued operations) in Q1 FY 2013. CSE informed that during the Q1 FY
2014 it disposed its two businesses which are included in discontinued
operations. Mike Lawrie, President and CEO of CSC, said, "We are encouraged
with the pace of our turnaround. Our cost takeout actions are driving margin
expansion and earnings growth. The Company is beginning to pivot more towards
growth and we are investing in offerings and partnerships that will enhance
our differentiation and expand our market coverage. Based on our current
progress, we are raising our target for EPS from continuing operations by 20
cents to $3.50 - $3.70." The Full Research Report on Computer Sciences
Corporation - 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/7438_CSC]

Rackspace Hosting, Inc. Research Report

On July 25, 2013, Rackspace Hosting, Inc. (Rackspace) announced that Mazda
North American Operations (MNAO) along with its MyMazda application has opted
for Rackspace technologies to develop its web presence in the US, Mexico, and
Canada, so as to accommodate its 2.1 million monthly visitors. Rackspace
informed that Mazda has adopted its Critical Application Services with its
proactive monitoring function for additional service level coverage. Jim
DiMarzio, CIO of MNAO, said, "A major reason why Mazda chose Rackspace to host
several of its web sites and applications is most importantly for their
Fanatical Support and Critical Application Services. Since the migration to
Rackspace, Mazda's sites have performed better, and the support our team is
receiving is unparalleled." The Full Research Report on Rackspace Holding,
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/7807_RAX]

Gartner, Inc. Research Report

On August 5, 2013, Gartner, Inc. (Gartner) issued a special report examining
the future for IT sales strategies. According to the report, one of the
biggest barriers to innovation in the traditional technology providers' sales
model is the lack of flexibility they encounter in reinventing themselves
without placing quarterly revenues at risk. The Company stated that the most
common thing to happen in business is the failure of leading companies to stay
on top of their industries when technologies or markets change. Tiffani Bova,
Vice President and Distinguished Analyst at Gartner, said, "The greatest
innovation challenge for providers today may be in finding the means to
reinvent the sales organization and go-to-market model to meet new market
demands, while at the same time continuing to protect and defend existing
customers and deliver net new revenue. The key to moving forward is to take a
customer-centered approach and adopt sales models that support customers' new
buying processes, rather than fight against them." The Full Research Report on
Gartner, 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/bc2c_IT]

Riverbed Technology, Inc. Research Report

On July 30, 2013, Riverbed Technology, Inc. (Riverbed) reported Q2 2013
financial results. The Company's GAAP revenue for Q2 2013 was $249.9 million,
up 25.9% YoY. GAAP net loss was $16.5 million, or $0.10 per diluted share,
compared with GAAP net income of $18.1 million, or $0.11 per diluted share, in
Q2 2012. "Our market expanding products outside of WAN optimization and OPNET
grew almost 50% compared to last year, and we believe our multi-product
strategy to deliver unmatched application performance will allow us to
accelerate the Company's revenue growth," said Jerry M. Kennelly, Chairman and
CEO of Riverbed. The Full Research Report on Riverbed Technology, 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/2e9f_RVBD]

NCR Corporation Research Report

On July 30, 2013, NCR Corporation (NCR) reported Q2 2013 financial results
with revenues of $1.5 billion, up 8.9% YoY. Net income from continuing
operations stood at $86 million, or $0.51 per diluted share, compared with $89
million, or $0.54 per diluted share, in Q2 2012. Bill Nuti, Chairman and CEO
of NCR, said, "Solid second quarter results were driven by strong growth in
our Retail and Hospitality business and continued steady performance in
Financial Services. The growing contribution of software and services
offerings to our revenue mix is delivering profitable growth and margin
expansion, further aided by the string performance of our recently acquired
Retalix business." NCR reaffirmed its guidance for full year 2013 and expects
revenue growth of within 9% to 10 % YoY. The Full Research Report on NCR
Corporation - 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/42f1_NCR]

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