NEW YORK, July 30, 2013 — (PRNewswire) —
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Today, Investors' Reports announced new research reports highlighting Zynga Inc. (NASDAQ: ZNGA), Rally Software Development Corp. (NYSE: RALY), MercadoLibre Inc. (NASDAQ: MELI), Zillow, Inc. (NASDAQ: Z), and Autodesk, Inc. (NASDAQ: ADSK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Zynga Inc. Research Report
On July 25, 2013, Zynga Inc. (Zynga) announced financial results for Q2 2013. The Company reported revenues of $231 million, down 30.6% YoY, and bookings of $188 million, down 38% YoY. "The next few years will be a time of phenomenal growth in our Space and Zynga has incredible assets to take advantage of the market opportunity. To do that, we need to get back to basics and take a longer term view on our products and business, develop more efficient processes, and tighten up execution all across the Company," said Don Mattrick, CEO of Zynga. For Q3 2013, the Company expects revenues between $175 million to $200 million. Q3 2013 EPS is expected to be in the range of $(0.05) to $(0.02). For full-year 2013, adjusted EBITDA margin is targeted to be in the range of 0% to 5%. The Full Research Report on Zynga Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investorsreports.com/report/2013-07-26/ZNGA]
Rally Software Development Corp. Research Report
On July 12, 2013, Rally Software Development Corp. (Rally) provided an update to its business outlook for Q2 FY 2014 (period ending July 31, 2013) and full-year FY 2014 (ending January 31, 2014). For Q2 FY 2014, the Company expects total revenues in the range of $18.6 million to $19.1 million, representing a growth of 36% to 40% YoY. GAAP net loss per basic and diluted share is expected to be between $(0.19) to $(0.17), based on 24 million weighted average shares of common stock outstanding. For full-year FY 2014, Rally expects total revenues in the range of $72 million to $74 million, representing a growth of 27% to 30% YoY. Full-year FY 2014 GAAP net loss per basic and diluted share is expected at $(1.19) to $(1.16), based on 19.8 million weighted average shares of common stock outstanding. The Full Research Report on Rally Software Development Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investorsreports.com/report/2013-07-26/RALY]
MercadoLibre Inc. Research Report
On July 24, 2013, MercadoLibre Inc. (MercadoLibre) announced that it will release its Q2 2013 financial results on August 1, 2013, after the close of the day's trading. On the same day, the Company will host a conference call and audio webcast at 4:30 p.m. ET. In Q1 2013, MercadoLibre reported consolidated net revenues of $102.7 million, up 36.3% YoY. Net income for Q1 2013 was $17.5 million, with EPS of $0.40, compared to net income of $19.6 million, with EPS of $0.45, in Q1 2012. "MercadoLibre was off to a good start 2013. We saw volume accelerate across both our core marketplace and payments businesses, as we are meeting the growing demands of a quickly expanding base of users," said Marcos Galperin, President and CEO of MercadoLibre. The Full Research Report on MercadoLibre Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investorsreports.com/report/2013-07-26/MELI]
Zillow, Inc. Research Report
On July 19, 2013, Zillow, Inc. (Zillow) announced that Bay Area Real Estate Information Services (BAREIS) has joined Zillow Partnership Platform and will begin providing up-to-date listing data directly to the Zillow Real Estate Network. The Company stated that the BAREIS MLS listings will be seen by Zillow's 55.7 million monthly mobile and web visitors, and automatically appear on the Zillow Real Estate Network. "The Zillow Partnership Platform strives to eliminate the confusion associated with stale data, lagging price changes, and incorrect statuses. We're pleased to add BAREIS MLS to the growing list of MLSs that share our desire to achieve those goals," said Bob Bemis, Vice President of Partner Relations at Zillow. The Full Research Report on Zillow, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [ http://www.investorsreports.com/report/2013-07-26/Z]
Autodesk, Inc. Research Report
On July 25, 2013, Autodesk, Inc. (Autodesk) announced the launch of Autodesk FBX Review for Microsoft Windows 7 and Windows 8 enabled devices. The Company informed that the app gives professional artists and animators a powerful, lightweight tool to conduct detailed reviews of a wide range of 3D assets, including detailed 3D models, environments, and character animations. Chris Bradshaw, Senior Vice President of Autodesk Media & Entertainment, said, "FBX Review streamlines the asset review process, providing greater flexibility for mobile, decentralized creative teams." 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.investorsreports.com/report/2013-07-26/ADSK]
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