By PR Newswire, October 31, 2013, 09:00:00 AM EDT
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NEW YORK, October 31, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Netflix Inc. (NASDAQ:NFLX), SiriusXM Radio Inc. (NASDAQ:SIRI), Time Warner Cable Inc. (NYSE:TWC), TiVo Inc. (NASDAQ:TIVO), and Viacom, Inc. (NYSE:VIAB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Netflix Inc. Research Report
On October 21, 2013, Netflix Inc. (Netflix) reported its Q3 2013 financial results. The Company's revenues increased 22.2% YoY to $1.1 billion during the quarter. Net income was $31.8 million or $0.52 per diluted share in Q3 2013, compared to net income of $7.7 million or $0.13 per diluted share in Q3 2012. For Q4 2013, the Company expects net income to be in the range of $29 million to $45 million and EPS to be in the range of $0.47 to $0.73. The Full Research Report on Netflix 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/c1c4_NFLX]
SiriusXM Radio Inc. Research Report
On October 24, 2013, SiriusXM Radio Inc. (SiriusXM) reported its Q3 2013 financial results. The Company's total revenue increased 10.9% YoY to $961.5 million during the quarter. For Q3 2013, net income declined 15.6% YoY to $62.9 million, while net income per diluted share was flat as compared to Q3 2012 at $0.01. Commenting on the results, Jim Meyer, CEO, SiriusXM, said, "SiriusXM had a great quarter, with the 513,000 net subscriber additions and the 373,000 self-pay net additions setting post-merger records for the third quarter. We also saw double-digit growth in revenue for the seventh consecutive quarter, a new quarterly record for adjusted EBITDA and adjusted EBITDA margin, and significant growth in free cash flow. With continued growth in new automobile sales and an increasing number of existing self-pay subscribers selling their cars and rotating back into our trial funnel, we are increasing our guidance for net subscriber additions and reducing our guidance for self-pay subscriber additions by equal amounts." The Full Research Report on SiriusXM Radio 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/1575_SIRI]
Time Warner Cable Inc. Research Report
On October 17, 2013, Time Warner Cable Inc. (Time Warner Cable) announced that the Company has hired Jeffrey Painting as Senior Vice President and Chief Sales Officer, Business Services. Time Warner Cable informed that Painting joins its headquarters in New York City and will report to Phil Meeks, Executive Vice President and Chief Operating Officer of Business Services of the Company, with his appointment effective October 28, 2013. Commenting on this appointment, Meeks said, "Jeff is joining us at a truly exciting time. Time Warner Cable's business services are enjoying significant revenue growth and we're focused on our goal of more than doubling our annual revenue to $5 billion over the next four to five years. His appointment completes my newly assembled senior leadership team and I am pleased to welcome someone as accomplished as Jeff to help take our organization to the next level." The Full Research Report on Time Warner Cable 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/b260_TWC]
TiVo Inc. Research Report
On October 24, 2013, TiVo Inc. (TiVo) announced the launch of out-of-home streaming on the TiVo Roamio Pro and TiVo Roamio Plus DVRs, enabling users to stream and download live TV as well as recorded content to their smartphones and tablets from anywhere. According to the Company, the TiVo Roamio DVR Series includes three models: TiVo Roamio ($199.99), TiVo Roamio Plus ($399.99), and TiVo Roamio Pro ($599.99). The Company further reported that Roamio features four or six tuners and storage ranging from 75 hours to 450 hours of HD content, ensuring that users never miss a show and have plenty of space for shows and movies that they need. All subscribers with a TiVo Roamio Pro and TiVo Roamio plus will receive out-of-home streaming feature via an automatic software and mobile app update. TiVo added that support for streaming over 4G/LTE and to Android devices is scheduled for 2014. The Full Research Report on TiVo 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/4a38_TIVO]
Viacom, Inc. Research Report
On October 24, 2013, Viacom, Inc. (Viacom) named John Halley as Executive Vice President and Chief Operating Officer of Ad Sales for Viacom Media Networks. The Company reported that in his new role, Halley will be responsible for Viacom's pricing and inventory, commercial operations, finance and business intelligence functions across the Viacom Media Networks ad sales linear and digital portfolio. Commenting on the appointment, Rich Eigendorff, Chief Operating Officer, Viacom Media Networks said, "John is a sharp, creative thinker who will ensure that our operating capabilities are airtight and our deals are structured and executed to the maximum benefit of Viacom and its clients." The Full Research Report on Viacom, 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/b922_VIAB]
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