NEW YORK, March 24, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Plug Power Inc. (NASDAQ: PLUG), TE Connectivity Ltd. (NYSE: TEL),
Methode Electronics, Inc. (NYSE: MEI), Acuity Brands, Inc. (NYSE:
AYI), and Maxwell Technologies, Inc. (NASDAQ: MXWL). Private wealth
members receive these notes ahead of publication. To reserve
complementary membership, limited openings are available at:
http://www.AnalystsReview.com/register
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Plug Power Inc. Analyst Notes
On March 13, 2014, Plug Power Inc.
(Plug Power) reported Q4 2013 and full-year 2013 financial results.
In Q4 2013, the Company reported total revenue of $8.0 million, up 35.6% YoY, while full-year 2013
total revenues were up 1.9% YoY to $26.6
million. Quarterly net loss came in at $28.9 million, or $0.28 loss per share, compared to a net loss of
$8.5 million, or $0.22 loss per share, in Q4 2012. Full-year 2013
net loss was $62.8 million, or
$0.83 loss per share, compared to
$31.9 million, or $0.93 loss per share, for full-year 2012.
"Although a lot has happened since our last call, I am more bullish
than ever that Plug Power is moving into a rapid-growth cycle,"
said Andy Marsh, CEO of Plug Power.
"We kicked off the first quarter of 2014 by signing a multi-site,
multi-year GenKey contract with Walmart that surpassed our Q1
goals. I firmly believe that this continuing momentum will carry on
throughout 2014, and that orders for this year will total more than
$150 million - almost four times our
total for 2013. We also are on track to achieve our goal of EBITDAS
break even by Q3 2014." The full analyst notes on Plug Power Inc.
are available to download free of charge at:
http://www.AnalystsReview.com/03242014/PLUG/report.pdf
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TE Connectivity Ltd. Analyst Notes
On March 12, 2014, TE Connectivity
Ltd. (TE Connectivity) announced the election of Laura H. Wright to the Company's Board of
Directors. Wright is a Trustee of Pebblebrook Hotel Trust since
2009, and serves on the Board of CMS Energy since February 2013. The Company informed that the
election was approved by shareholders during the TE Connectivity
2014 annual general meeting held on Tuesday,
March 4, 2014. The full analyst notes on TE Connectivity
Ltd. are available to download free of charge at:
http://www.AnalystsReview.com/03242014/TEL/report.pdf
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Methode Electronics, Inc. Analyst Notes
On March 13, 2014, Methode
Electronics, Inc. (Methode Electronics) reported financial results
for Q3 FY 2014 (period ended February 1,
2014). During the quarter, the Company' net sales increased
54.3% YoY to $189.8 million. Net
income stood at $14.6 million or
$0.38 per share in Q3 FY 2014,
compared to $3.3 million or
$0.09 per share in Q3 FY 2013. The
Company stated that the reported quarter benefitted from higher
sales volumes in the Automotive, Interconnect, and Power Products
segments; increased efficiencies due to higher sales and vertical
integration of painting and laser-etching capabilities in the
Automotive segment; and favorable raw material commodity pricing
and product mix in the Power Products segment. For full-year FY
2014, Methode Electronics expects sales of $720.0 million to $750.0 million, and EPS between
$1.70 and $1.90. The full analyst
notes on Methode Electronics, Inc. are available to download free
of charge at:
http://www.AnalystsReview.com/03242014/MEI/report.pdf
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Acuity Brands, Inc. Analyst Notes
On March 12, 2014, Acuity Brands,
Inc. (Acuity Brands) announced that it has scheduled a conference
call on April 2, 2014 at 10:00 a.m. ET to discuss the Company's Q2 FY 2014
financial performance. Acuity Brands informed that its Chairman,
President, and CEO, Vernon J. Nagel,
will lead the call. Prior to the call, the Company will issue a
press release containing the quarterly results. The full analyst
notes on Acuity Brands, Inc. are available to download free of
charge at:
http://www.AnalystsReview.com/03242014/AYI/report.pdf
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Maxwell Technologies, Inc. Analyst Notes
On March 13, 2014, Maxwell
Technologies, Inc. (Maxwell) announced the appointment of
David Wojciechowski as the Company's
Vice President of Sales - Americas. Prior to joining Maxwell,
Wojciechowski was Vice President of Sales for Power One, a member
group of ABB and a leading manufacturer of photo voltaic inverters
in the solar power industry. "Dave is a seasoned sales executive
with an engineering background and extensive experience in the
semiconductor and photo voltaic solar power inverter markets, which
give him excellent credentials to lead our ultracapacitor sales
organization in the Americas," said John
Warwick, Interim President and CEO of Maxwell. The full
analyst notes on Maxwell Technologies, Inc. are available to
download free of charge at:
http://www.AnalystsReview.com/03242014/MXWL/report.pdf
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