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Stock Market & Financial Investment News

News Breaks
January 10, 2013
16:33 EDTPFSWPrivet Fund Management reports 6.1% stake in PFSweb
News For PFSW From The Last 14 Days
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June 15, 2015
08:38 EDTPFSWPFSweb sees MODA acquisition moderately accretive to FY15 adjusted EBITDA
PFSweb has completed the acquisition of MODA Superbe, an eCommerce system integrator and consultancy. MODA has 25 team members operating out of London and Bulgaria, and expects to generate revenue of approximately $2.5M in 2015. PFSweb expects the transaction to be moderately accretive to its FY15 adjusted EBITDA. The company reiterates its 2015 service fee equivalent revenue guidance of $160M-$170M, as well as its 2015 adjusted EBITDA guidance of $16M-$18M. In conjunction with the transaction, MODA will become a wholly owned subsidiary of PFSweb, and will initially operate under the name MODA, a PFSweb company.

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