Radiant Communications Corp. announces proposed going-private transaction
Radiant Communications Corp. ("Radiant") (TSX-V:RCN.V) is pleased to announce that it has entered into a definitive agreement (the "Arrangement Agreement") with Maxam Opportunities Fund LP and its affiliated entity, Maxam Opportunities Fund (International) LP (together, "Maxam"), Pender Growth Fund (VCC) Inc. and its affiliated entity, Pender Financial Group Inc. (together, "Pender"), and a company established jointly by Maxam and Pender for the purposes of the transactions contemplated by the Arrangement Agreement (the "Purchaser" and together with Maxam and Pender, collectively, the "Purchaser Group"), under which the Company would be taken private pursuant to a plan of arrangement (the "Plan of Arrangement") under the provisions of the Canada Business Corporations Act. Maxam and Pender collectively own approximately 65% of the issued and outstanding common shares of Radiant ("Common Shares").
Data Group Inc. announces full year and fourth quarter results for 2012
Full Year 2012Revenues of $336.3 million, Gross Profit of $87.2 million, and Net Loss of $37.1 million (DUE TO A NON-CASH GOODWILL IMPAIRMENT CHARGE OF $44.0 MILLION) Full Year Dividends declared of $15.3 million or $0.65 per share Full Year Adjusted EBITDA of $28.7 million (See Table 2 and "Non-GAAP Measures" below)
Cree Introduces The Biggest Thing Since the Light Bulb.™
Cree® LED Bulb Breaks $10 Price Barrier and Works Better than a Light Bulb
Cree, Inc. (CREE) introduces a game-changing series of LED bulbs at a retail price point that gives consumers a reason to switch to LED lighting. The long-lasting Cree LED bulbs showcase Cree’s commitment to LED lighting innovation. The new bulbs shine as brightly as comparable incandescents while saving 84 percent of the energy compared to traditional bulbs. The Cree LED bulbs are backed by a 10-year limited warranty and available exclusively at The Home Depot®.
New York State Supreme Court Upholds MBIA’s Transformation
MBIA Inc. (MBI) (the Company) today announced that the New York State Supreme Court has upheld the New York State Insurance Department’s (now the Department of Financial Services) decision to approve MBIA’s Transformation in February of 2009, which came after the Department’s thorough and careful analysis. Initially, a group of 18 banks challenged the approval in an Article 78 proceeding, although by the commencement of hearings before the Court, just two banks remained. In its 59-page, thorough and well-reasoned decision, the Court rejected each of the banks’ arguments that the Department’s approval of Transformation was either arbitrary and capricious, or contrary to law.
Tucows Announces $10 Million Stock Buyback Program
Tucows Inc. (NYSE AMEX:TCX, TSX:TC) today announced that its Board of Directors has approved a stock buyback program (the "Share Repurchase") to repurchase from time to time up to $10 million of its common stock in the open market through the facilities of the NYSE AMEX Stock Exchange ("NYSE AMEX"). The Share Repurchase will commence immediately and will terminate on February 28, 2014 .
All shares purchased by Tucows under the stock buyback program will be retired and returned to treasury.
The timing and exact number of common shares purchased will be at Tucows' discretion and will depend on available cash and market conditions.
Wireless Ronin Breaks Down Barriers to Digital Signage With Samsung's New Smart Signage Displays
Wireless Ronin Technologies, Inc. ( NASDAQ : RNIN ), a leading digital marketing technologies company, has aligned with Samsung Electronics America, the number one worldwide provider of commercial LCD displays, to offer a breakthrough in digital signage solutions for retail, QSRs or any business looking to transform how they engage their customers and increase sales without the cost, complication and limitations of traditional digital signage.
The revolutionary digital marketing solution combines the fourth generation of Wireless Ronin's RoninCast® software with Samsung's new Samsung Smart Signage Platform displays, both of which debuted this week at the Digital Signage Expo (DSE) in Las Vegas.
UniPixel Reports Fourth Quarter and Full Year 2012 Results
UniPixel, Inc. ( NASDAQ : UNXL ), a provider of Performance Engineered Films™ to the touch screen, flexible printed electronics, and lighting and display markets, reported results for the fourth quarter and year ended December 31, 2012.
Fourth Quarter 2012 Operational HighlightsEntered a multi-million dollar preferred price and capacity license agreement with a major manufacturer of personal computers to introduce products that feature next-generation touch screens based on UniPixel's UniBoss™ pro-cap, multi-touch sensor film.
Aruba Networks Reports Record Fiscal Second Quarter 2013 Financial Results
Second Quarter Revenue Increased by 23 Percent Year-Over-Year and 8 Percent Quarter-Over-Quarter to a record $155.4 Million Strong Gross Margin and Leverage Lead to Record Operating Margin Generated $45.7 Million in Cash Flow from Operations and Increased Cash and Short Term Investments to $402.3 Million
Aruba Networks, Inc. (ARUN) today released financial results for its second quarter of fiscal year 2013 ended January 31, 2013.
Revenue for Q2’13 of $155.4 million grew 23 percent from the $126.3 million reported in Q2’12. GAAP net income for Q2’13 was $5.0 million, or $0.04 per share, compared with GAAP net loss of $11.4 million, or $0.11 per share, in Q2’12.
Pegasystems Announces Record Revenue for Fourth Quarter and Fiscal Year 2012
Record Q4 Propels Total 2012 License Revenue to Grow by 18% While Increasing License Backlog; FY 2012 GAAP EPS of $0.56 and Non-GAAP EPS of $1.09
Pegasystems Inc. ( NASDAQ : PEGA ), the leader in Business Process Management (BPM) and a leading provider of Customer Relationship Management (CRM) solutions, today announced financial results for the fourth quarter and year ended December 31, 2012. Revenue for the fourth quarter of 2012 increased 25% compared to the fourth quarter of 2011. Net income for the fourth quarter of 2012 was $20.4 million, or $0.53 per diluted share, compared to net loss of $1.9 million, or $(0.05) per diluted share, for the fourth quarter of 2011. Revenue for 2012 increased 11% to $461.7 million compared to 2011. Net income for 2012 was $21.9 million, or $0.56 per diluted share, compared to net income of $10.1 million, or $0.26 per diluted share for 2011.
ParkerVision Receives Favorable Markman Order in Patent Infringement Action Against Qualcomm
ParkerVision, Inc. (PRKR) announced today that on February 20, 2013, the United States District Court for the Middle District of Florida issued its patent claim construction ruling, or "Markman Order", in the ongoing patent infringement action between ParkerVision and Qualcomm, Inc (QCOM).
In a Markman Order, the presiding district court in a patent infringement case sets out the meaning of certain disputed patent claim language present in the patents in suit. This court interpretation is then applied during the action in the determinations of infringement and validity. The Markman Order can be a significant factor in the progress and outcome of patent infringement litigation.
QlikTech Announces Fourth Quarter and Full Year 2012 Financial Results
Total revenue of $137.5 million increases 27% compared to fourth quarter of 2011 License revenue of $93.5 million increases 24% compared to fourth quarter of 2011 Total revenue in the Americas increases 41% compared to the fourth quarter of 2011 Announces CFO Transition
Qlik Technologies Inc. (“QlikTech”) (QLIK), a leader in Business Discovery — user-driven Business Intelligence (BI), today announced financial results for the fourth quarter and full year ended December 31, 2012.
Lars Björk, Chief Executive Officer of QlikTech, stated, “I am pleased with our strong fourth quarter results with revenue increasing 27% year-over-year driven by enterprise sales. As we look ahead to 2013, we continue to see strong demand for our products and we are focused on broadening our service offerings, further improving our customer ROI and driving significant levels of growth, while also targeting modest improvements in our profit margins.”
U3O8 Corp. Files PEA Showing That Its Berlin Project in Colombia Could Be a Zero Cash Cost Uranium Producer Project Economics Enhanced Through Further Optimization Work
U3O8 Corp. (TSX: UWE)(OTCQX: UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, has filed a National Instrument 43-101 ("NI 43-101") Preliminary Economic Assessment ("PEA") on its flagship Berlin Project in Colombia. The PEA evaluated two processing options for Berlin - both of which demonstrated positive project economics.
Zillow, Inc. Reports Record Fourth Quarter and Full Year 2012 Results Record Quarterly Revenue of $34.3 million, up 73% over fourth quarter 2011. Record Quarterly Marketplace Revenue of $26.8 million, up 95% over fourth quarter 2011. Quarterly Net Income of $0.5 million, resulting in basic and diluted EPS of $0.02. Quarterly Adjusted EBITDA of $6.8 million, representing 20% of revenue. Quarterly traffic grew 47% year-over-year to 34.5 million average monthly unique users with more than 50% of visits coming from mobile devices in December.
Zillow, Inc. (Nasdaq:Z), the leading real estate and home-related information marketplace, today announced financial results for the quarter and full year ended December 31, 2012.
ValueClick Announces Fourth Quarter 2012 Results
Revenue Meets, Profitability Exceeds High-End of Guidance Ranges
ValueClick, Inc. (VCLK) today reported financial results for the fourth quarter ended December 31, 2012. Revenue met the high-end of its guidance range, while Adjusted-EBITDA1 and non-GAAP diluted net income2 per common share exceeded the high-end of their respective guidance ranges.
"We are seeing the early results of our initiatives to elevate our conversations with advertisers to become a more strategic and persistent marketing partner, while also executing on our goals of strong organic growth and profitability," said John Giuliani, chief executive officer of ValueClick. "We expect 2013 to be a watershed year for ValueClick, and we look forward to articulating our vision and strategic initiatives in greater detail at our March 14th analyst and investor day."
Angie's List Reports Fourth Quarter and Fiscal Year 2012 Results Fourth quarter revenues increased to $46.2 million, up 68% over the prior year quarter Fourth quarter service provider revenue increased to $32.5 million, up 83% over the prior year quarter Cost per acquisition ("CPA") in the fourth quarter was $39, a decrease of 24% over the prior year period Fiscal year 2012 revenues increased to $155.8 million, up 73% compared to fiscal year 2011 Total paid memberships of 1,787,394 at December 31, 2012, up 66% year-over-year
Angie's List, Inc. (ANGI) announced today fourth quarter and fiscal year 2012 financial results for the year ended December 31, 2012.
"We had a great fourth quarter concluding an exceptional year," said Angie's List CEO Bill Oesterle. "Entering 2012, we set specific operational objectives, and we exceeded them. We made significant investments in our business during the year and achieved meaningful strides in our ability to monetize our membership base."
Recon Technology Reports Second Quarter 2013 Financial Results
Revenue Increases 49%, Net Profit Up 278%
Recon Technology, Ltd. (RCON) ("Recon" or the "Company"), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today reported results for its second quarter of fiscal 2013 ended December 31, 2012.
ModusLink Announces $30 Million Investment Agreement with Steel Partners Holdings L.P.
Steel Holdings agrees to acquire 7.5 million ModusLink shares at $4 per share, representing 45% premium Company announces settlement with Handy & Harman Ltd. in relation to upcoming annual meeting of stockholders
ModusLink Global Solutions(TM),Inc. (MLNK) today announced that it has entered into an investment agreement with Steel Partners Holdings L.P. (NYSE: SPLP, “Steel Holdings”), which together with certain affiliates, including Handy & Harman Ltd. (NASDAQ: HNH, “Handy & Harman”) (together, the “Steel Group”), beneficially owns 14.9 percent of ModusLink’s outstanding shares.
ViaSat Announces Third Quarter Fiscal Year 2013 Results
Record Revenues Continue
ViaSat Inc. (VSAT), an innovator in satellite and other wireless networking systems and services, announced financial results for the third quarter of fiscal year 2013. The fiscal third quarter results included new contract awards of $265.7 million and another record revenues quarter of $286.4 million. Operating performance grew quarter over quarter reflecting Adjusted EBITDA of $48.4 million and net income attributable to ViaSat common stockholders of $0.04 per share on a non-GAAP diluted basis. On a diluted GAAP basis, ViaSat reported a net loss attributable to ViaSat common stockholders of $0.47 per share, which, as discussed below, reflects a one-time debt extinguishment expense of $26.5 million or $0.36 per share on a net of tax basis.
The ExOne Company Announces Pricing of Initial Public Offering
The ExOne Company (XONE), a global provider of three-dimensional ("3D") printing machines and printed products to industrial customers, today announced the pricing of its initial public offering of 5,000,000 shares of its Common Stock and 300,000 shares of Common Stock from Rockwell Holdings Inc. ("RHI"), an affiliate of S. Kent Rockwell, ExOne's Chairman and Chief Executive Officer, at a price to the public of $18.00 per share. The underwriters have been granted a 30-day option to purchase up to an additional 483,333 shares of common stock from ExOne and 311,667 shares from RHI, to cover over-allotments, if any. The shares are expected to begin trading on The NASDAQ Global Market under the symbol "XONE" on February 7, 2013.
Take-Two Interactive Software, Inc. Reports Strong Results for Third Quarter Fiscal 2013
Non-GAAP Net Revenue Grew 71% to $405.0 Million Non-GAAP Net Income Increased 148% to $0.67 Per Diluted Share Increases Low-End of Financial Outlook Range for Fiscal Year 2013 Announces Share Repurchase Authorization
Take-Two Interactive Software, Inc. (TTWO) today reported financial results for its third quarter fiscal 2013, ended December 31, 2012, and increased the low-end of its financial outlook range for its fiscal year 2013, ending March 31, 2013. In addition, the Company announced that its Board of Directors has authorized the repurchase of up to 7.5 million shares of the Company’s common stock.