TAM

CyberArk Signs Definitive Agreement to Acquire Machine Identity Management Leader Venafi from Thoma Bravo

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月曜日, 5月 20, 2024

CyberArk (NASDAQ: CYBR), the identity security company, today announced it has signed a definitive agreement to acquire Venafi, a leader in machine identity management, from Thoma Bravo.

Key Points: 
  • CyberArk (NASDAQ: CYBR), the identity security company, today announced it has signed a definitive agreement to acquire Venafi, a leader in machine identity management, from Thoma Bravo.
  • This acquisition will combine Venafi’s best-in-class machine identity management capabilities with CyberArk’s leading identity security capabilities to establish a unified platform for end-to-end machine identity security at enterprise scale.
  • The number of machines is rapidly outpacing the growth in their human counterparts, with more than 40 machine identities for every human identity.
  • Piper Sandler is serving as exclusive financial advisor to Thoma Bravo and Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo.

DecisionPoint Systems Announces First Quarter 2024 Results

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水曜日, 5月 15, 2024

DecisionPoint Systems, Inc. (NYSE American: DPSI), the leading mobility-first enterprise services and solutions company and a leading provider of retail in-store solutions and services centered on Point-of-Sale systems, today announced first quarter 2024 financial results for the period ended March 31, 2024.

Key Points: 
  • DecisionPoint Systems, Inc. (NYSE American: DPSI), the leading mobility-first enterprise services and solutions company and a leading provider of retail in-store solutions and services centered on Point-of-Sale systems, today announced first quarter 2024 financial results for the period ended March 31, 2024.
  • Steve Smith, chief executive officer of DecisionPoint Systems, commented: “Our first quarter results were impacted by the absence of any large project business on the hardware solutions side of the business.
  • During the first quarter, we continued to build out this part of the business by introducing PointCare services, which include existing and new services.
  • We think this deal strikes the right balance of rewarding our public shareholders with positioning DecisionPoint for the next evolution as a Company.”

AEye, Accelight Technologies, and LighTekton Co. Announce Partnership to Bring Lidar Solutions to China

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火曜日, 5月 14, 2024

AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced it will partner with Accelight Technologies, Inc. (“ATI”) and LighTekton Co., Ltd. to deliver AEye’s 4Sight™ lidar solutions to the China market.

Key Points: 
  • AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced it will partner with Accelight Technologies, Inc. (“ATI”) and LighTekton Co., Ltd. to deliver AEye’s 4Sight™ lidar solutions to the China market.
  • Together, the group will help deliver safer autonomous trucking and railway systems in China, using AEye’s ultra-long-range 4Sight platform.
  • We are excited to work with two technology leaders to bring our 4Sight platform to China’s extensive highway and rail systems.
  • LighTekton is a high-tech enterprise focusing on photoelectric perception technology in the field of pan-autonomous driving, headquartered in Wuhan Optics Valley, China.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Boot Barn Holdings, Inc. (NYSE: BOOT)

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水曜日, 5月 8, 2024

Based in Irvine, California, Boot Barn is a specialty retailer that sells western and work-related footwear, apparel and accessories in the U.S.

Key Points: 
  • Based in Irvine, California, Boot Barn is a specialty retailer that sells western and work-related footwear, apparel and accessories in the U.S.
  • As of year-end 2023, Boot Barn reported $1,704 million and $116 million of revenues and adjusted net income, respectively.
  • Spruce Point is equally concerned by the leadership chosen to support and oversee CEO Conroy.
  • Spruce Point has several concerns with Boot Barn’s new store economics, pictorial representations of stores and anomalous capital spending.

GoPro Announces First Quarter Results

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火曜日, 5月 7, 2024

SAN MATEO, Calif., May 7, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) announced financial results for its first quarter ended March 31, 2024 and posted management commentary, including forward-looking guidance, in the investor relations section of its website at https://investor.gopro.com.

Key Points: 
  • Subscription and Service Revenue was $26 million, up 12% Year-over-Year
    SAN MATEO, Calif., May 7, 2024 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) announced financial results for its first quarter ended March 31, 2024 and posted management commentary, including forward-looking guidance, in the investor relations section of its website at https://investor.gopro.com .
  • Cash and marketable securities were $134 million at the end of the first quarter.
  • In February 2024, GoPro completed its acquisition of Australian maker of tech-enabled motorcycle helmets, Forcite Helmet Systems.
  • In February 2024, GoPro released Quik Desktop App for macOS and introduced a new $99.99 Premium+ subscription tier.

New Leadspace B2B Maps Clears Revenue Jams; Fast Fix for Unproductive CRMs

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月曜日, 5月 6, 2024

AUSTIN, Texas, May 6, 2024 /PRNewswire-PRWeb/ -- Today at the Forrester B2B Summit, Leadspace, the leading B2B revenue automation company, announced Leadspace B2B Maps™. B2B Maps is the industry's first visual profiling offering to explore, map and activate 360 degree slices of the most popular territory/audience segments. B2B Maps leverages a complete database of the over 230M companies and the 700M people that matter most for revenue activation in the Fortune 1000, U.S. Federal Government, U.S. Enterprise, U.S. small business and U.S. franchises. With B2B Maps, sales and marketing teams are armed with visual, accurate, dynamic, and unified buyer profiles to better visualize territories; campaign to the best-performing market segments; and convert sales whitespace by targeting accounts and personas with the highest revenue potential. The result is optimized sales territories with improved sales pipeline close rates, higher ABM lead conversion and better marketing ROI.

Key Points: 
  • AUSTIN, Texas, May 6, 2024 /PRNewswire-PRWeb/ -- Today at the Forrester B2B Summit, Leadspace , the leading B2B revenue automation company, announced Leadspace B2B Maps™.
  • B2B Maps is the industry's first visual profiling offering to explore, map and activate 360 degree slices of the most popular territory/audience segments.
  • The result is optimized sales territories with improved sales pipeline close rates, higher ABM lead conversion and better marketing ROI.
  • The second, Leadspace and Monster will showcase best practices in B2B marketing and sales today.

Firstsource Acquires Quintessence

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金曜日, 5月 3, 2024

Firstsource Solutions Limited (NSE: FSL, BSE:532809), a global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, has acquired Quintessence Business Solutions & Services Private Limited, an India-based leader in outsourced revenue cycle management (RCM) services and technology.

Key Points: 
  • Firstsource Solutions Limited (NSE: FSL, BSE:532809), a global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, has acquired Quintessence Business Solutions & Services Private Limited, an India-based leader in outsourced revenue cycle management (RCM) services and technology.
  • We expect the combined competencies of Firstsource and Quintessence to be highly synergistic, bringing unmatched solutions and significant benefits to both our clients and our organization,” shared Ritesh Idnani, MD & CEO, Firstsource Solutions.
  • “We are excited to be part of Firstsource, an enterprise with considerable depth and reach in complimentary market segments.
  • The powerful combination of Firstsource and Quintessence’s capabilities will offer hospitals, physician practices, and large, integrated health systems end-to-end RCM services, proven experience, and deep industry expertise, helping hospitals deliver streamlined, personalized, quality care while strengthening financial performance.

Digimarc Reports First Quarter 2024 Financial Results

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木曜日, 5月 2, 2024

Digimarc Corporation reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Digimarc Corporation reported financial results for the first quarter ended March 31, 2024.
  • Total revenue for the first quarter of 2024 increased to $9.9 million compared to $7.8 million for the first quarter of 2023.
  • Gross profit margin for the first quarter of 2024 increased to 63% compared to 54% for the first quarter of 2023.
  • Digimarc will hold a conference call today (Thursday, May 2, 2024) to discuss these financial results and to provide a business update.

Clearwater Analytics Announces First Quarter 2024 Financial Results

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水曜日, 5月 1, 2024

Record Quarterly Revenue of $102.7 Million, Up 21% Year-Over-Year

Key Points: 
  • Record Quarterly Revenue of $102.7 Million, Up 21% Year-Over-Year
    Adjusted EBITDA of $32.2 Million, Up 43% Year-Over-Year
    Annualized Recurring Revenue of $402.3 Million, Up 19% Year-Over-Year
    BOISE, Idaho, May 1, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN) ("Clearwater Analytics" or the "Company"), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced its financial results for the quarter ended March 31, 2024.
  • Revenue: Total revenue for the first quarter of 2024 was $102.7 million, an increase of 21.4%, from $84.6 million in the first quarter of 2023.
  • On April 22, 2024, Clearwater Analytics completed its acquisition of the risk performance, and analytics platforms of Wilshire Advisors LLC, a leading global financial services firm.
  • Clearwater Analytics announced that leading general insurer MSIG Singapore selected Clearwater to power its investment data management, portfolio analytics, and investment reporting operations.

Shah Capital nominates two highly qualified independent director candidates for Novavax

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月曜日, 4月 15, 2024

RALEIGH, N.C., April 15, 2024 (GLOBE NEWSWIRE) -- Shah Capital, which owns approximately 6.7% of the outstanding common stock of Novavax (NASDAQ: NVAX), has today issued the below statement:

Key Points: 
  • These include colossal marketing failures, a non-existent partnership strategy, no clear understanding of technology, questionable regulatory management, and ongoing operating losses and inefficiencies.
  • “It is the view of Shah Capital therefore that Novavax must urgently adopt a more innovative and dynamic sales and marketing strategy.
  • Furthermore, Novavax should turn its Matrix-M adjuvant franchise’s inactive pipeline candidates (such as Flu, RSV, and H5N1) into active opportunities through outside capital infusion.
  • “It is for these reasons outlined above that Shah Capital is calling for an end to the historic mismanagement of this business.