Technology Companies Announce New Solutions, Products and Contracts, and Release Quarterly Financial Results - Research Report

   Technology Companies Announce New Solutions, Products and Contracts, and
   Release Quarterly Financial Results - Research Report on Cognizant, ADP,
                             Citrix, CA, and Ebix

PR Newswire

NEW YORK, August 14, 2013

NEW YORK, August 14, 2013 /PRNewswire/ --

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

Today, Analysts' Corner announced new research reports highlighting Cognizant
Technology Solutions Corporation (NASDAQ: CTSH), Automatic Data Processing,
Inc. (NASDAQ: ADP), Citrix Systems, Inc. (NASDAQ: CTXS), CA Technologies
(NASDAQ: CA), and Ebix Inc. (NASDAQ: EBIX). Today's readers may access these
reports free of charge - including full price targets, industry analysis and
analyst ratings - via the links below.

Cognizant Technology Solutions Corporation Research Report

On August 6, 2013, Cognizant Technology Solutions Corp. (Cognizant) reported
its Q2 2013 financial results with revenue growth of 20.4% YoY to $2.2
billion. GAAP diluted EPS for the quarter was $0.99 compared to $0.82 in Q2
2012. Commenting on the results, Francisco D'Souza, Chief Executive Officer
said, "Our 15 year record of revenue and earnings growth is a testament to our
long-term strategy of reinvesting in our business to stay relevant to our
clients' changing needs and to provide increasing value as we grow each of
those trusted relationships. This reinvestment strategy continues to enable
Cognizant to excel in our core services while simultaneously investing in
multiple horizons of growth, thereby continuing to position us well for the
future." The Company anticipates its Q3 2013 revenue to be c.$2.3 billion and
diluted earnings to be $1.00 per share on a GAAP basis. The Full Research
Report on Cognizant Technology Solutions 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/b58c_CTSH]

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Automatic Data Processing, Inc. Research Report

On August 7, 2013, Automatic Data Processing Inc. (ADP) announced that its
ezLaborManager solution is now fully integrated with RUN Powered by ADP
Payroll for Partners. ADP stated that with this integration, accounting
professionals and payroll service providers will have the ability to help its
clients improve compliance and at the same time, simplify the procedure to
collect employee hours and calculate and report employees' time and
attendance. "Our research shows that nearly 90% of accountants are involved in
their clients' payroll in some way," said Anish Rajparia, President of ADP
Small Business Services. "ADP is committed to delivering innovative products
that help our accountant partners grow their practices while helping them to
increase efficiencies and reduce risk," Rajparia concluded. The Full Research
Report on Automatic Data Processing, 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/3a17_ADP]

--

Citrix Systems, Inc. Research Report

On August 7, 2013, Citrix Systems Inc. (Citrix) unveiled the Citrix XenClient.
According to the Company, by leveraging the powerful personalization and
profile management technology in Citrix XenDesktop, XenClient 5 allows mobile
workers to seamlessly work across different types of gadgets using virtual
desktop hosted or local along with their files and documents. Commenting on
the launch, Mitch Parker, Vice President and General Manager, Client
Virtualization, Citrix said, "With this new level of integration with
XenDesktop and seamless personalization and synchronization across devices,
XenClient further enables enterprises to go mobile. Users have the ability to
work from any device, even offline with their laptops, and IT achieves greater
security and manageability." The Full Research Report on Citrix 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/f212_CTXS]

--

CA Technologies Research Report

On August 8, 2013, CA Technologies (CA) announced that its CA Nimsoft Service
Desk and CA Nimsoft Monitor has been selected by ac3, an independent provider
of ICT infrastructure and cloud services, to improve efficiency and drive
business growth. Bill McMurray, Managing Director for CA Technologies
Australia and New Zealand, said that the combination of CA Nimsoft Monitor and
CA Nimsoft Service Desk empowers service providers like ac3 to have a greater
positive impact on their customers' business performance. "Given the growing
complexity of customer's ICT environments and the growing dependence of
organisations on the services provided via those environments, business
success depends on superior visibility and control over infrastructure
resources," McMurray said. "ac3 can now deliver that visibility and control
more effectively and cost-efficiently, resulting in a more compelling value
proposition and healthier operating margins." The Full Research Report on CA
Technologies - 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/e3db_CA]

--

Ebix Inc. Research Report

On August 9, 2013, Ebix Inc. (Ebix) reported its Q2 2013 financial results,
with total revenue of $51.0 million, up 6.9% YoY. Diluted EPS for the quarter
decreased to $0.35 from $0.47 in Q2 2012. Cash generated from operations came
in at $11 million, a decrease of 49.5% YoY. Operating margins were higher at
37.8% compared to $37.1% in Q2 2012. "With a few distractions in the quarter,
Ebix grew its revenue 7% year over year to $51.0 million which did not match
our goals for the quarter. The entire Ebix team is currently focused on
building our sales pipeline and implementing signed contracts" Ebix Chairman,
President & Chief Executive Officer Robin Raina said. "We have had good
customer wins in late June and July and are in the process of negotiating
large customer contracts. We are focused on generating increased subscription
and transaction revenue and adding to our net operating cash flow and income
over the next few quarters." The Full Research Report on Ebix 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/acda_EBIX]

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