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Stock Market & Financial Investment News

News Breaks
July 31, 2014
08:03 EDTPRFTPerficient reports Q2 adjusted EPS 33c, consensus 33c
Reports Q2 revenue $116.7M, consensus $112.54M.
News For PRFT From The Last 14 Days
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December 18, 2014
14:42 EDTPRFTPerficient reaches definitive agreement to acquire Zeon Solutions
Perficient announced it has entered into a purchase agreement to acquire the assets of Zeon Solutions Incorporated and its subsidiary, Grand River Interactive, and an Indian affiliate, a $23M annual services revenue business and IT consulting firm specializing in the development, implementation, integration and support of e-commerce solutions. Perficient’s current annualized revenues are now approaching $500M, and the acquisition is expected to be accretive to adjusted earnings per share. The parties are targeting a closing in early January 2015, subject to customary closing conditions. Total consideration to be paid at closing will be approximately $35.7M, consisting of approximately $22.3M in cash and approximately $13.4M in Perficient common stock. The purchase price is subject to a net working capital adjustment and earnings-based contingent consideration of up to approximately $2.8M, payable in cash and Perficient common stock.
December 10, 2014
11:03 EDTPRFTPerficient management to meet with Maxim
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