March 14, 2013 at 08:00 AM EDT
Earnings Prove Strong Demand for Software Despite Mobile Revolution - Research Report on Equinix Inc, VirnetX Holding Corporation, NetEase, Inc, ExactTarget Inc and The Ultimate Software Group, Inc.

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

Today, Investors Alliance announced new research reports highlighting Equinix Inc (NASDAQ:EQIX), VirnetX Holding Corporation (NYSEAMEX:VHC), NetEase, Inc (NASDAQ:NTES), ExactTarget Inc (NYSE:ET) and The Ultimate Software Group, Inc. (NASDAQ:ULTI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Equinix Inc Research Report

Equinix announced the offering of senior notes worth $500 million to add to the previously announced offering of notes worth $1 billion, which will both mature on April 1 this year with interest rates of 4.875 percent and 5.375 percent respectively. The cash raised from these will be used for financing its continuing working capital requirements, capital expenditure, pay back its 8.125% convertible subordinated notes due 2018, and also fund the procedure for Real Estate & Investment Trust conversion and potential acquisitions. Meanwhile, the company posted better than expected results in Q4 2012, posting earnings per share of 88 cents and revenue of $506.5 million. Earnings beat the estimated 68 cents per share, while revenue was up 20 percent year over year. The Full Research Report on Equinix 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/2fa9_EQIX]

VirnetX Holding Corporation Research Report

VirnetX saw its shares rise last month after the courts went in favor to the secure Internet communications technology developer in a patent lawsuit against tech giant Apple, wherein the latter's attempt to reverse the judgement has been rebuffed. VirnetX earlier sued Apple Inc for infringing on four of its patents with its FaceTime video-calling function, and was awarded a $368 million jury award by a federal court in Texas. As a result of the ruling, VirnetX intends to withdraw its complaint filed with the United States International Trade Commission against Apple and pursue comprehensive relief from Apple's infringement through the district court system. The Full Research Report on VirnetX Holding Corporation - 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/5e44_VHC]

NetEase, Inc Research Report

Chinese Internet and online game services provider NetEase saw its shares rise 7 percent early February after releasing Q4 and full year 2012 results, which beat estimates due to growth in its online games business and advertising services. In Q4, revenues were up 9.4 percent year to year at $373.5 million. Games contributed $317.4 million, up 11.1 percent year over year, while advertising shot up 6.8 percent to $41.7 million. Net income was up $161.9 million, amounting to $1.23 per diluted share, while analysts estimated $1.04. For the full year, the company saw 12.1 percent growth in revenues at $1.3 billion, with net income of $583.9 million, or $4.44 per diluted share. Analysts only expected $4.23 per share. The Full Research Report on NetEase, 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/190d_NTES]

ExactTarget Inc Research Report

ExactTarget beat expectations in its Q4 2012 results, posting year over year revenue growth of 44.18 percent to $85.8 million and a loss of 10 cents per share, compared to the same period last year's loss of 42 cents per share. In comparison, analysts estimated revenue of $79.77 million and a loss of 18 cents per share. Management says the growth was attributed to strong customer response to new innovations and recent acquisitions, and is positioned for another strong year of growth. For the current quarter, ExactTarget expects revenue to come in at a range of $87 million to $88 million and a loss of 9 to 10 cents per share. Analysts meanwhile have a neutral outlook for the company's next-quarter performance, retaining its projected loss of 12 cents per share. The Full Research ExactTarget 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/41d3_ET]

The Ultimate Software Group, Inc. Research Report

Ultimate Software, known for its cloud-based people management solutions, launched the HCM Online Academy, a virtual learning environment available for 24-7 on-demand HR and payroll professional development earlier this year. The free distance learning program is available to HR and payroll professionals regardless of whether the organization is a customer of Ultimate or not. Users will be given access to a library of resources including presentations, supporting materials, videos, and other relevant industry information, all of which can be downloaded for free as well. Meanwhile, Ultimate Software posted record growth in its Q4 2012 results released in February, with a 27 percent growth in revenue at $92.2 million and 64 percent growth in operating income of $18.7 million. The Full Research Report on The Ultimate Software Group, 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/20dd_ULTI]

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Contact: Patricia Byers
Email: press@investors-alliance.com
Main: +1-480-745-7826

SOURCE Investors-Alliance

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