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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:04 EDTCUBCubic completes Intific acquisition
Cubic today that it has completed the acquisition of Intific. Intific will become part of the Cubic Defense Systems segment. Intific completed FY13 with approximately $14M in revenue and employs 80 personnel primarily located in Austin, Texas and Alexandria, Virginia. The acquisition enables Cubic to broaden its presence in a variety of adjacent businesses in the cyber security, next generation defense technologies including game based learning solutions, and transportation related training applications. Intific brings a wide range of expertise to Cubic including computer simulation, animation, human-machine interaction, robotics, neuroscience, visualization, gaming, and artificial intelligence. Intificís core software and gaming competencies are aimed at the creation of simulations for planning, operation rehearsal, location familiarization, and decision making.
News For CUB From The Last 14 Days
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February 4, 2016
08:46 EDTCUBCubic reports Q1 EPS (20c), may not compare to consensus 28c
Reports Q1 revenue $313.8M, consensus $330.33M. Reports total backlog of $2.92B as of December 31, 2015. During the first quarter of fiscal 2016, total expenses incurred for the recent acquisitions of businesses and diligence on prospective business acquisitions totaled $4.3M compared to $1.7M in the first quarter of fiscal 2015.

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