NEW YORK, March 4, 2013 — (PRNewswire) —
Today, Investors Alliance announced new research reports highlighting Autodesk, Inc. (NASDAQ: ADSK), Adobe Systems Incorporated (NASDAQ: ADBE), MicroStrategy Incorporated (NASDAQ: MSTR), ANSYS, Inc. (NASDAQ: ANSS) and Synopsys, Inc. (NASDAQ: SNPS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Autodesk, Inc. Research Report
Autodesk beat expectations in its Q4 financial results, with revenue up 2 percent year over year at $607 million, while earnings per share came in at 53 cents, compared to the 46 cents per share posted the same period the previous year. In comparison, analysts expected revenue of $586.1 million and earnings per share of 49 cents. Management says the growth for the quarter was attributed to increased demand for its design and creation suites, record revenue in the company's Architecture, Engineering and Construction and manufacturing business segments, and an influx of large deals. For the current quarter, Autodesk expects revenues in the range of $570 million to $590 million and earnings per share in the range of 41 cents to 46 cents with a sluggish macroeconomic environment and weaknesses in emerging markets, but is countered by an expanding product portfolio. The Full Research Report on Autodesk, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investors-alliance.com/r/full_research_report/06f3_ADSK]
Adobe Systems Incorporated Research Report
Adobe recently announced that the smartphone version of its Photoshop Touch is now available for purchase, following the success of the application in tablets. The version comes as management looks to take advantage of the increasingly widespread use of the smaller screened devices for both taking and editing photographs, joining the likes of popular image manipulation apps for the platform like Camera+ and Pixlr-O-Matic. Consumers can buy the app at the Apple App Store and Google Play for $4.99. Meanwhile, at the same day of the announcement, Adobe stock hit its new 52-week high of $39.46 with 1.7 million shares traded. The Street rates the software company as a "buy," citing strengths in net income, revenue, and debt management. The Full Research Report on Adobe Systems Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investors-alliance.com/r/full_research_report/cf7f_ADBE]
MicroStrategy Incorporated Research Report
MicroStrategy has agreed to sell its cloud-based customer experience management subsidiary Angel.com to Alcatel-Lucent spinoff Genesys Telecommunications for $110 million in cash, which is expected to be completed in March this year. The sale comes as MicroStrategy looks to focus more on core operations, and comes as a sign of pending change in the contact center software market, which is transitioning to cloud-hosted solutions much faster than before. According to an analyst from BMO Capital, Genesys is one of the legacy incumbents in the industry being forced to innovate or acquire to keep up in the market. Meanwhile, analysts rate the company as a "neutral" or "hold," on average, with price targets ranging from $95 to $120. The Full Research Report on MicroStrategy Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investors-alliance.com/r/full_research_report/1e67_MSTR]
ANSYS, Inc. Research Report
ANSYS announced an increase to its authorized share repurchase program to a total of 3 million shares, a follow-on to the increase posted last year, considering the company's repurchase activity throughout 2012. Meanwhile, the company saw its shares slightly bump 0.85 percent to $75.16 per share this week on the wake of its Q4 and full year 2012 earnings report on February 28. The company expects revenue between $211.3 million and $218.3 million and earnings per share between 49 cents and 55 cents. For the full year, the company expects revenue between $788.6 million and $795.6 million and earnings per share between $2.04 and $2.10. The Full Research ANSYS, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investors-alliance.com/r/full_research_report/1c0c_ANSS]
Synopsys, Inc. Research Report
Synopsys is already reaping the benefits of its freshly-inked multi-year deal with computer processor maker ARM early this month, with the announcement of their collaboration in optimizing the ARM Mali GPU in 20nm implementation, through the Synopsys Galaxy Implementation Platform. The partnership would help designers optimize the implementation of Mali GPUs for their target applications, Synopsys said in a press release. Meanwhile, the company earlier posted its Q1 2013 results, which reported earnings per share of 55 cents, and revenue of $475.1 million, up 11.7% from $425.5 million year over year. In comparison, analysts estimated earnings of 28 cents per share. The Full Research Report on Synopsys, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investors-alliance.com/r/full_research_report/cbc8_SNPS]
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