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Stock Market & Financial Investment News

News Breaks
June 27, 2014
16:34 EDTSPDCSpeed Commerce files to sell 4.4M shares of common stock for holders
News For SPDC From The Last 14 Days
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November 24, 2014
08:37 EDTSPDCSpeed Commerce sees FY16 revenue $180M-$220M, consensus $177.47M
As a result of the acquisition of Fifth Gear, the organic growth of existing clients and the addition of new client opportunities, the company expects revenues for its fiscal year ending March 31, 2016 ranging between $180M-$220M. The company anticipates Adjusted EBITDA margins for FY16 in the range of 10%-13%, a wide range due to: the timing of the realization of anticipated synergies and cost savings, the impact of additional investments in sales, marketing and technology discussed during its most recent earnings call, and results from the upcoming holiday season, which is still in the early stages.
08:35 EDTSPDCSpeed Commerce sees Fifth Gear acquisition accretive to earnings in FY16
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