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Stock Market & Financial Investment News

News Breaks
June 2, 2014
04:55 EDTSZMK, SZMKSizmek management to meet with Roth Capital
Meeting to be held in New York on June 3 hosted by Roth Capital.
News For SZMK From The Last 14 Days
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May 14, 2015
16:21 EDTSZMKSizmek to acquire StrikeAd
The company announced that it has entered into a definitive agreement to acquire the assets and liabilities of StrikeAd, a mobile DSP provider, for a purchase price consideration of $9.5M of cash and the assumption of a $2.2M note. Leveraging StrikeAd's mobile DSP, Sizmek intends to accelerate its programmatic strategy by combining StrikeAd's assets with its own programmatic assets to build an end-to-end demand side platform. While the transaction is expected to become accretive to Adjusted EBITDA within 12 months of the acquisition date, the acceleration of investment during the remainder of 2015 is expected to result in a $500,000 -$750,000 negative impact to Adjusted EBITDA to build out the combined platform roadmap.
16:20 EDTSZMKSizmek sees FY15 revenue $188M-$193M, one estimate $180.69M
Adjusted EBITDA guidance for 2015 remains unchanged at $24M-$26M, despite the negative impact to Adjusted EBITDA.
16:19 EDTSZMKSizmek reports Q1 EPS (27c), one estimate (23c)
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