Fusion Global Business Solutions

VentureCount Announces Strategic Partnership with AdminAssist

Retrieved on: 
Thursday, June 1, 2023
Newton, Partnership, Accounting, The Company, Everlane, Partner, DCAA, Fusion Global Business Solutions, Entrepreneurship, Management

WASHINGTON, June 1, 2023 /PRNewswire/ -- VentureCount Services Holdings, LLC and affiliated entities (including RTA Group, California Business Solutions and Govcon Accountants) ("VentureCount") today announced a strategic partnership with AdminAssist, LLC and affiliated entities ("AdminAssist" and collectively with VentureCount, the "Company").

Key Points: 
  • WASHINGTON, June 1, 2023 /PRNewswire/ -- VentureCount Services Holdings, LLC and affiliated entities (including RTA Group, California Business Solutions and Govcon Accountants) ("VentureCount") today announced a strategic partnership with AdminAssist, LLC and affiliated entities ("AdminAssist" and collectively with VentureCount, the "Company").
  • AdminAssist adds depth in our core offering, new service lines, and geographic expansion to our growing platform.
  • Bret, Deb, Keith and the entire team at AdminAssist bring deep expertise in an increasingly important end market and we're excited to have them on board" said Alex Diaz-Asper, Co-Founder and Partner of VentureCount.
  • "AdminAssist adds depth in our core offering, new service lines, and geographic expansion to our growing platform.

Wix Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 17, 2023
Acceleration, IBM, Yoy, Vistaprint, Share repurchase, Marketing, Internet, Partner, X Development, GAAP, OpenAI, Public expenditure, HQ, Friction, FCF, Fusion Global Business Solutions, CFO, Abrahami, WIX, Growth, AI, Total, LegalZoom, Software, Cardboard, Cryptocurrency, Bank, Music, Wix

In addition, the Company provided outlook for the second quarter and updated outlook for the full year 2023.

Key Points: 
  • In addition, the Company provided outlook for the second quarter and updated outlook for the full year 2023.
  • Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q1'23 Shareholder Update and other materials.
  • As for anyone who bundles Wix with companies that will be negatively impacted by AI, I believe they will be wrong."
  • Total revenue in the first quarter of 2023 was $374.1 million, up 10% y/y
    Total revenue on a y/y constant currency basis was $376.4 million, up 10% y/y
    Creative Subscriptions revenue in the first quarter of 2023 was $278.1 million, up 9%  y/y
    Creative Subscriptions ARR increased to $1.13 billion as of the end of the quarter, up 9% y/y
    Business Solutions revenue in the first quarter of 2023 was $95.9 million, up 11% y/y
    Transaction revenue2 was $42.3 million, up 16% y/y
    Partners revenue3 in the first quarter of 2023 was $103.9 million, up 27% y/y
    Total bookings in the first quarter of 2023 were $414.9 million, up 6% y/y
    Total bookings on a y/y constant currency basis were $422.7 million, up 7% y/y
    Creative Subscriptions bookings in the first quarter of 2023 were $313.4 million, up 5% y/y
    Business Solutions bookings in the first quarter of 2023 were $101.5 million, up 9% y/y
    GAAP net loss in the first quarter of 2023 was $(10.4) million, or $(0.18) per share
    Non-GAAP net income in the first quarter of 2023 was $51.1 million, or $0.91 per share
    Net cash provided by operating activities for the first quarter of 2023 was $46.0 million, while capital expenditures totaled $20.9 million, leading to free cash flow of $25.0 million
    Excluding one-time cash restructuring charges and the capital expenditures and other expenses  associated with the build out of our new corporate headquarters, free cash flow for the first quarter of 2023 would have been $44.0 million, or 12% of revenue
    We continued to repurchase shares this quarter.

Astound Business Solutions Launches Direct Routing Service for Microsoft Teams

Retrieved on: 
Tuesday, May 16, 2023
Data Management, Technology, Carriers and Services, Audio, Video, Small Business, Business, Apps, Applications, Professional Services, Other Technology, Telecommunications, Software, Networks, VoIP, Internet, Mobile, Wireless, PSTN, Organization, Microsoft Teams, Communication, Voice over IP, Microsoft, Human, Workflow, Fusion Global Business Solutions, Online shopping, Mobile phone, Astound Broadband, TEAMS

Astound Broadband, the 6th-largest U.S. Cable provider, today announced the launch of Direct Routing Service for Microsoft Teams, enabling its Business Solutions customers nationwide to integrate reliable, high-quality voice calling into Teams, a real-time workspace for collaboration and communication.

Key Points: 
  • Astound Broadband, the 6th-largest U.S. Cable provider, today announced the launch of Direct Routing Service for Microsoft Teams, enabling its Business Solutions customers nationwide to integrate reliable, high-quality voice calling into Teams, a real-time workspace for collaboration and communication.
  • Astound is deploying Direct Routing for Teams to support larger enterprise organizations looking to enable PSTN calling in Teams, by integrating voice calling connectivity through Astound.
  • Astound Business Solutions customers can now make dependable, high-quality voice calls directly from their Teams application.
  • Direct Routing turns Teams into a cloud telephony solution, available on any device running the Teams application.

EQS-News: AUSTRIAN POST: First-quarter revenue and earnings above prior year

Retrieved on: 
Friday, May 12, 2023
Pressure, Maintenance, Communication, Letter, Oregon Corporations Division, Advertising, Employment, Österreichische Post, International, Financial services, Post, North Bank Division, Parcel, Annual, COVID-19, Income tax, EBIT, Finance, Advertising mail, Internal labor market, Message broker, CAPEX, EBITDA, Retail, Turkish lira, Investment, Depreciation, Annual report, Fusion Global Business Solutions, Vehicle registration plates of Nepal, Paper, Growth, Consolidated, Environment, Bank, Mail, Food delivery, Pharmaceutical industry, Cargo, Tourism, Bookkeeping, Rail transport

The Mail Division reported a revenue increase of 3.3 %, whereas revenue of the Parcel & Logistics Division went up by 15.5 % and the Retail & Bank Division produced a revenue increase of 41.8 %.

Key Points: 
  • The Mail Division reported a revenue increase of 3.3 %, whereas revenue of the Parcel & Logistics Division went up by 15.5 % and the Retail & Bank Division produced a revenue increase of 41.8 %.
  • In the first quarter of 2023, Letter Mail & Business Solutions revenue amounted to EUR 198.2m, implying a year-on-year increase of 5.6 %.
  • International letter mail showed a stable revenue development against the backdrop of a volume decline, whereas the Business Solutions area developed positively.
  • Austrian Post still aims to generate earnings (EBIT) in 2023 at about the same level as last year.

Fujitsu signs ETA with ServiceNow, boosting human resource development capabilities for ServiceNow business

Retrieved on: 
Thursday, May 11, 2023
Learning, Experience, Partnership, SEVP, Fusion Global Business Solutions, Certification, ETA, Riseup, Growth, ServiceNow, Knowledge, Ecosystem, Business, Management, Asset management, Fujitsu

In this way, Fujitsu will empower Group employees in building new skills that help customers in resolving societal and business challenges.

Key Points: 
  • In this way, Fujitsu will empower Group employees in building new skills that help customers in resolving societal and business challenges.
  • Fujitsu's ETA also supports RiseUp with ServiceNow, a global program designed to skill one million people on the company's platform by 2024.
  • Yoshinami Takahashi, SEVP, Head of Global Business Solutions, Fujitsu, comments:
    "We are excited to deepen our partnership with ServiceNow through this premium tier ETA.
  • Based on this new ETA, Fujitsu will further accelerate its human resource development to offer customers high value-added solutions."

Staffing Service USA Launches New Website Highlighting Their Nationwide Direct Hire Services

Retrieved on: 
Tuesday, May 9, 2023
Service, Fusion Global Business Solutions, Employment agency, South Central Pennsylvania

LANCASTER, Pa., May 9, 2023 /PRNewswire-PRWeb/ -- Staffing Service USA, a leading provider of staffing solutions in Central Pennsylvania and direct hire search nationwide, announced the launch of their new website today. The updated site is designed to offer clients and candidates better service and support, making it convenient for job seekers to find opportunities and employers to request talent. The site features separate pages for each specialty: staffing and recruiting for office, industrial, and accounting roles and nationwide professional recruitment. Individual pages for their locations in Lancaster, York, and Harrisburg, PA, make contacting the most convenient location easy.

Key Points: 
  • Staffing Service USA, a leading provider of staffing solutions in Central Pennsylvania and direct hire search nationwide, announced the launch of their new website today.
  • LANCASTER, Pa., May 9, 2023 /PRNewswire-PRWeb/ -- Staffing Service USA, a leading provider of staffing solutions in Central Pennsylvania and direct hire search nationwide, announced the launch of their new website today.
  • The new Staffing Service USA website also highlights direct hire recruitment services.
  • "We're pleased to see how well the new website highlights our direct hire recruiting services," said Tami Hemler, Director of Sales and Business Solutions.

Connection (CNXN) Reports First Quarter 2023 Results

Retrieved on: 
Thursday, May 4, 2023
Security, Hardware, Data Management, Technology, Software, Exercise, PC Connection, Improper integral, Public sector, Table, Information technology, Trust (social science), Telephone, Tax, Public, GAAP, Government, Internet, EBITDA, PIN, Investment, Fusion Global Business Solutions, Webcast, Depreciation, Growth, Federation, Adjustment, Automation, Video game, Online shopping, Connection

Connection (PC Connection, Inc.; NASDAQ: CNXN ), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the first quarter ended March 31, 2023.

Key Points: 
  • Connection (PC Connection, Inc.; NASDAQ: CNXN ), a leading information technology solutions provider to business, government, healthcare and education markets, today announced results for the first quarter ended March 31, 2023.
  • Gross profit decreased by 3.6% to $59.9 million in the first quarter of 2023, compared to $62.1 million in the prior year quarter.
  • Gross profit increased by 17.5% to $20.3 million in the first quarter of 2023, compared to $17.3 million in the prior year quarter.
  • Gross profit decreased by 13.9% to $42.1 million in the first quarter of 2023, compared to $48.9 million in the prior year quarter.

Western Union Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 2, 2023
Professional Services, Technology, Other Technology, Finance, Fintech, Banking, Workforce, Intellectual property, Failure, Digital, California Consumer Privacy Act, Risk, Telephone, COVID-19, Tax, General Data Protection Regulation, GAAP, Terrorism, ID, Government, Epidemic, Consumer Protection Act, Pandemic, Consumer Financial Protection Bureau, Acquisition, Annual report, Fusion Global Business Solutions, European, Webcast, Consumer, Growth, ESG, Fraud, Environment, Dodd–Frank Wall Street Reform and Consumer Protection Act, Legislation, Insurance, Broadcasting, Western Union

Additional key statistics for the quarter and historical trends can be found in the supplemental tables included with this press release.

Key Points: 
  • Additional key statistics for the quarter and historical trends can be found in the supplemental tables included with this press release.
  • Western Union is committed to making a positive impact.
  • For more details on how Western Union is addressing some of the most pressing issues facing society, our shared environment, and our Company, please view our latest ESG report: https://corporate.westernunion.com/esg .
  • Actual outcomes and results may differ materially from those expressed in, or implied by, our forward-looking statements.

StackAdapt Releases In-Platform ABM Targeting and Measurement for B2B Advertisers

Retrieved on: 
Tuesday, May 2, 2023
Influencer, Content Marketing, Data Management, Other Communications, Technology, Marketing, Advertising, Communications, Apps, Applications, Professional Services, Artificial Intelligence, Other Technology, Software, Digital Marketing, Data Analytics, G2, DSP, Measurement, CTV, Intelligence, ID, ABM, Frictionless, Investment, Fusion Global Business Solutions, Partnership, B2B

StackAdapt ( www.stackadapt.com ), the leading self-serve programmatic advertising platform, today announced a new self-serve, in-platform B2B solution for ABM Targeting and Measurement.

Key Points: 
  • StackAdapt ( www.stackadapt.com ), the leading self-serve programmatic advertising platform, today announced a new self-serve, in-platform B2B solution for ABM Targeting and Measurement.
  • B2B companies continue to prioritize ABM as a crucial aspect of their marketing strategy and are making significant investments and commitments toward ABM.
  • B2B marketers cannot rely on blanket targeting audiences as it may not be relevant to many of their clients.
  • With full control over B2B data, StackAdapt ABM Targeting and Measurement attributes ad engagement back to the exact same authenticated audiences, ensuring that measurement is deterministic and highly accurate.

Veteran Bankruptcy Attorney Joins Whiteford in Delaware

Retrieved on: 
Wednesday, April 5, 2023
Consulting, Professional Services, Legal, Justice, Chambers, Lead, Senior counsel, American College of Bankruptcy, Chambers and Partners, Fusion Global Business Solutions, American College, Better Business Bureau, Bankruptcy, Security (finance)

Whiteford, Taylor & Preston announced that leading bankruptcy attorney David B. Stratton has joined the firm’s Wilmington, Delaware, office as Senior Counsel.

Key Points: 
  • Whiteford, Taylor & Preston announced that leading bankruptcy attorney David B. Stratton has joined the firm’s Wilmington, Delaware, office as Senior Counsel.
  • “He brings to Whiteford more than 45 years of experience as a leading bankruptcy advisor, is a well-respected member of the Delaware bar and further enhances our services to our expanding Delaware client base.”
    Mr. Stratton represents debtors, creditors’ committees, secured and individual creditors, and parties-in-interest as both lead and co-counsel in bankruptcy courts in the Districts of Delaware and Maryland, the Southern District of New York and other U.S. bankruptcy courts.
  • He has also practiced law in Delaware for his entire career and has played important roles in many of the bankruptcy cases in the Delaware bankruptcy court.
  • He also chaired Delaware’s Combined Campaign for Justice and was Chair of the Better Business Bureau of Delaware.