After the markets closed Friday, Margaret Kelly announced her retirement from the CEO role as well as her resignation from the board of directors. The board of directors has elected Dave Liniger, chairman and co-founder, to be CEO effective December 31. Ms. Kelly had been promoted to CEO following Mr.Read More
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Iron Mountain reported adjusted EPS of $0.35, below our estimate of $0.39 and below the consensus of $0.40. Overall, the business showed its consistency with added growth from international operations and benefits from recent acquisitions. Underlying trends in the core storage business seem to be improving as organic growth wasRead More
Infosys reported fiscal second-quarter results that exceeded both our and Street expectations. Revenue increased 3.2% sequentially, driven by 3.0% volume growth being partly offset by a $16 million foreign-currency impact due to the appreciation of the dollar during the quarter. Earnings of $0.89 were above our $0.81 estimate and theRead More
For the September quarter, Check Point delivered results above our and consensus estimates for both top and bottom lines, on revenue of $370.4 million, leading to out-performance of pro forma earnings per share. The company’s product revenue posted accelerated growth for the second consecutive quarter. We were encouraged by theRead More
After the markets closed on Thursday, October 23, Stericycle reported relatively in-line third quarter 2014 results. More specific, revenue of $667.9 million increased 24.9% from the year-ago period—or 25.7% on a constant-currency basis—just ahead of the $662.9 million consensus target, while currency-adjusted organic growth rose to 10.3%. Pro forma earningsRead More
Coach will report first-quarter earnings before the markets open on October 28. We expect an in-line quarter, with a negative 26% comp given more tempered promotional activity and the lack of new product until mid-September. We believe new fall product will be the primary focus on the call, and whileRead More