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Stock Market & Financial Investment News

News Breaks
February 11, 2014
07:03 EDTDWREDemandware announces CFO Dussault to leave company
Demandware announced that Scott Dussault, executive vice president, CFO plans to transition from the company to pursue other career opportunities. The company will be initiating a search to identify a CFO. To help ensure a smooth transition, Dussault plans to continue to serve as CFO of Demandware through June 6. Dussault will also be available to serve as an advisor to the company through early June 2015.The Board of Directors has appointed a CFO search committee. The committee will work with Tom Ebling and an outside firm to help recruit the candidate.
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February 19, 2015
09:00 EDTDWREDemandware sees FY15 revenue 230M-235M, consensus $218.26M
Expects $23M of total revenue to come from Tomax in 2015. Sees FY15 subscription revenue $200M-$205M. Sees FY15 subscription revenue, excluding Tomax, $10M. Expects trends to follow similar quarters in previous years. Expects base vs average mix on annual base similar to 2014. Expects to increase coverage in North America, while expanding into Europe and Asia. in 2015. Sees FY15 GAAP net loss ($56M)-($52M). Comments taken from Q4 earnings conference call.
08:59 EDTDWREDemandware sees Q1 revenue $49M-$50M, consensus $45.31M
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08:41 EDTDWREDemandware reports live customers reached 267 at 2014-end
Reports live sites reached 1,143 at 2014-end. Average revenue per customer expanded to $578K in 2014. Subscription dollar retention rate exceeded 100% in 2014 and customer churn was less than 5%
07:06 EDTDWREDemandware reports Q4 adjusted EPS 13c, consensus 14c
Reports Q4 revenue $52.5M, consensus $48.67M.

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