Post Tagged with: "Featured"

Textura Announces New EPP Solution

December 22, 2014 at 12:30 pm 0 comments

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

Cardtonics Accelerates Acquisition of Sunwin ATMs

December 22, 2014 at 6:28 am 0 comments

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 Software Delayed Deals Muddy the Quarter’s Results

December 21, 2014 at 8:06 pm 0 comments

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 Storage Reports Another Steady Quarter

December 21, 2014 at 6:29 am 0 comments

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

Brocade Posts Healthy Quarter but Leverage Losing Steam

December 20, 2014 at 2:23 pm 0 comments

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

Ciena Corporation Reports Mixed Quarter as Expected

December 20, 2014 at 9:17 am 0 comments

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