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Stock Market & Financial Investment News

News Breaks
April 8, 2014
09:17 EDTICLDIntercloud Systems reports Q4 EPS with items ($3.24) vs. (91c) a year ago
Reports Q4 revenue $11.8M vs. $11.2M a year ago. InterCloud eliminated approximately $12M in preferred stock obligations and other liabilities during Q4 and total charges related to derivative liabilities resulted in a $13.7M expense to Q4 net loss. The increases to the derivative liabilities were primarily as a result of increases in the company's stock price and were non-cash items. CEO Mark Munro stated: "In addition to substantially improving our pro-forma adjusted EBITDA, we are pleased with the improvements to our balance sheet. With our improved operations, we were able to eliminate the remaining outstanding convertible preferred stock and other indebtedness that the company incurred as part of its earlier growth stage, thereby streamlining our balance sheet."
News For ICLD From The Last 14 Days
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May 29, 2015
11:18 EDTICLDIntercloud Systems mentioned cautiously by TheStreetSweeper
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May 20, 2015
12:25 EDTICLDIntercloud Systems recently awarded over $2M in contracts
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May 18, 2015
12:51 EDTICLDOn The Fly: Top stock stories at midday
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May 15, 2015
15:30 EDTICLDIntercloud Systems says SEC continuing investigation of company, officers
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