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Stock Market & Financial Investment News

News Breaks
January 14, 2013
08:48 EDTSDBTSoundBite reports preliminary Q4 revenue $13.6M, one estimate $13.4M
This compares to the previously guided range of $12.3M-$13.1M for Q4, and $12M in the year ago period. GAAP operating income for Q4 is expected to have been at least $250,000, compared to $397,000 in the year ago period.
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May 20, 2013
19:01 EDTSDBTOn The Fly: After Hours Movers
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16:16 EDTSDBTSoundBite to be acquired by Genesys for $5 per share
Genesys announced it signed a definitive agreement to acquire SoundBite Communications for a price of $5.00 per share. The transaction, which has been unanimously approved by the boards of directors of SoundBite and also by Genesys, will be accomplished pursuant to a cash tender offer followed by a second step merger. The $5.00 per share cash offer price represents a total equity value of SoundBite of approximately $100.4M, on a fully-diluted basis. The closing of the transaction is expected to occur early in Q3.

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