After the markets closed Tuesday, December 2, Textura announced that it entered an alliance agreement with Greensill Capital to enable general contractors to provide faster payments to subcontractors. The solution will be called Early Payment Program (EPP) and Textura will provide the technology for the platform through its CPM offering.Read More
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Cardtronics announced that it exercised the option to accelerate the transition of about 1,900 ATMs within Co-op Food locations in late 2014; the initial agreement called for the transition in January 2016. Consistent with the initial deal, Cardtronics will pay £35 million for the ATM agreement, but will pay anRead More
Rally reported mixed third-quarter results with revenue coming in $400,000 below the Street, seat additions 3,931 below expectations, and non-GAAP EPS $0.13 better. The driver behind the lower-than-expected revenue and seat additions is two deals that were expected to close in the third quarter but were pushed into the fourthRead More
Nimble delivered another beat-and-raise for its fiscal third quarter, with revenue coming in roughly $1.3 million above the Street target while the non-GAAP loss per share was in line with the consensus estimate due to a penny impact from foreign exchange headwinds. During the quarter, Nimble added 568 new customers,Read More
For the fourth fiscal quarter, Brocade delivered slightly better-than-expected results, with revenue coming in roughly $2 million above the Street target and non-GAAP EPS beating the consensus estimate by a penny. IP product sales were up 9% year-over-year after adjusting for the discontinuation of the wireless and network adapter productsRead More
Not surprisingly, Ciena delivered a mixed quarter. Revenue beat by a hair, coming at the midpoint of the guidance range, while earnings had a gaping miss, coming in $0.20 lower than the Street estimate. Gross margin was a main reason for the earnings miss, coming in at 37.9%, versus ourRead More