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Stock Market & Financial Investment News

News Breaks
July 9, 2014
15:09 EDTMNDLMandalay Digital discloses resignation of CFO Klausner
Mandalay Digital disclosed in a regulatory filing that on July 8 Jeffrey Klausner resigned as the Chief Financial Officer of the company. On the same date, Andrew Schleimer entered into an employment agreement and will be the EVP and CFO of the company. Prior to being appointed the CFO, Schleimer has been an advisor to the company’s board since late 2011 and became a consultant to the board in April 2012.
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August 14, 2014
16:17 EDTMNDLMandalay Digital sees updating business outlook within 30 days
Peter Adderton, CEO of Mandalay Digital, said, "Ignite is now commercially available in the United States, expanding our global footprint, and IQ is expected to be commercially available in the U.S. later this calendar year. These achievements are not only tangible evidence of the significant value our products provide to carriers, advertisers and ad networks, but also of our ability to successfully execute against our business plan." Mandalay Digital expects to update its business outlook to include the expanded deployment with a U.S. tier one carrier within the next 30 days.
16:16 EDTMNDLMandalay Digital reports Q1 EPS (12c), consensus (10c)
Reports Q1 revenue $5.55M, consensus $7.07M.

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