$MGT, http://sharemarketupdates.com/wp-content/up
Post# of 23088
Posted On: 06/20/2016 8:12:18 AM
$MGT,
Projecting The Future
Projecting The Future
Tech Stocks in the Rumor: MGT Capital Investments Inc. (NYSEMKT:MGT), Bazaarvoice Inc (NASDAQ:BV)
Posted by: Anthony Davis in Technology June 20, 2016 0 93 Views
Shares of MGT Capital Investments Inc. (NYSEMKT:MGT) ended Friday session in green amid volatile trading. The shares closed up +0.01 points or 0.29% at $3.45 with 8.35 million shares getting traded. Post opening the session at $3.73, the shares hit an intraday low of $3.22 and an intraday high of $3.73 and the price vacillated in this range throughout the day. The company has a market cap of $82.34 million and the numbers of outstanding shares have been calculated to be 23.80 million shares.
MGT Capital Investments Inc. (MGT) on June 17, 2016 announced the appointment of Steve Orenberg, a long-time executive in the Internet and cyber security industry, as the Chairman of the Company’s newly formed Emerging Large Scale Technology Advisory Board (ELSTAB), effective immediately.
Orenberg is currently serving as the President and CEO of EdgeWave, a cyber security company delivering innovative, effective and efficient security solutions across the full spectrum of business and government organizations. Most notably, Orenberg spent the past 10 years as the President of Kaspersky Lab, Inc., where he founded the company’s North American operation and grew it into a $160 million plus concern. Orenberg’s leadership grew Kaspersky into the position of number one vendor partner in corporate and government enterprise client security software. Previously, Orenberg was President of the internet security companies Sophos, Inc., NetGuard and Dr. Solomon’s Software, which was acquired by Network Associates (now Intel Security) in 1998.
“Steve is exactly the person I have been looking for to advise us on the intricate field of securing critical large scale cyber systems and their increasing connection to, and dependence on mobile devices. Steve and I both understand that the anti-virus paradigm is finished and that a new paradigm must be developed,” said John McAfee, proposed Executive Chairman and Chief Executive Officer of MGT Capital. “We are honored that Steve has agreed to head up our new ELSTAB.”
Shares of Bazaarvoice Inc (NASDAQ:BV) ended Friday session in green amid volatile trading. The shares closed up +0.01 points or 0.29% at $3.48 with 7,956,510 shares getting traded. Post opening the session at $3.49, the shares hit an intraday low of $3.40 and an intraday high of $3.62 and the price vacillated in this range throughout the day. The company has a market cap of $286.43 million and the numbers of outstanding shares have been calculated to be 82.07 million shares.
Bazaarvoice Inc (BV) on June 02, 2016 reported its financial results for the fourth fiscal quarter and full year ended April 30, 2016.
“We delivered our third consecutive quarter of positive adjusted EBITDA and positive operating cash flow for the fiscal fourth quarter,” said Gene Austin, chief executive officer and president. “Fiscal 2016 was a pivotal year for Bazaarvoice as we launched a number of new initiatives to position the company for long term growth while simultaneously driving improved operating margin performance. We are uniquely positioned with our broad Consumer Generated Content offerings and shopper advertising and additional solutions to further monetize our network of retailers and brands.”
Fourth Fiscal Quarter of 2016 Financial Details
Revenue from continuing operations: Bazaarvoice reported revenue of $50.7 million for the fourth fiscal quarter of 2016, up 5.0% from the fourth fiscal quarter of 2015, which consisted of SaaS revenue of $49.1 million and net advertising revenue, formerly referred to as media revenue, of $1.6 million.
GAAP net loss and net loss per share from continuing operations: GAAP net loss was $6.4 million, compared to a GAAP net loss of $8.8 million for the fourth fiscal quarter of 2015. GAAP net loss per share was $0.08 based upon weighted average shares outstanding of 81.5 million, compared to GAAP net loss per share of $0.11 for the fourth fiscal quarter of 2015 based upon weighted average shares outstanding of 79.7 million.
Projecting The Future
Projecting The Future
Tech Stocks in the Rumor: MGT Capital Investments Inc. (NYSEMKT:MGT), Bazaarvoice Inc (NASDAQ:BV)
Posted by: Anthony Davis in Technology June 20, 2016 0 93 Views
Shares of MGT Capital Investments Inc. (NYSEMKT:MGT) ended Friday session in green amid volatile trading. The shares closed up +0.01 points or 0.29% at $3.45 with 8.35 million shares getting traded. Post opening the session at $3.73, the shares hit an intraday low of $3.22 and an intraday high of $3.73 and the price vacillated in this range throughout the day. The company has a market cap of $82.34 million and the numbers of outstanding shares have been calculated to be 23.80 million shares.
MGT Capital Investments Inc. (MGT) on June 17, 2016 announced the appointment of Steve Orenberg, a long-time executive in the Internet and cyber security industry, as the Chairman of the Company’s newly formed Emerging Large Scale Technology Advisory Board (ELSTAB), effective immediately.
Orenberg is currently serving as the President and CEO of EdgeWave, a cyber security company delivering innovative, effective and efficient security solutions across the full spectrum of business and government organizations. Most notably, Orenberg spent the past 10 years as the President of Kaspersky Lab, Inc., where he founded the company’s North American operation and grew it into a $160 million plus concern. Orenberg’s leadership grew Kaspersky into the position of number one vendor partner in corporate and government enterprise client security software. Previously, Orenberg was President of the internet security companies Sophos, Inc., NetGuard and Dr. Solomon’s Software, which was acquired by Network Associates (now Intel Security) in 1998.
“Steve is exactly the person I have been looking for to advise us on the intricate field of securing critical large scale cyber systems and their increasing connection to, and dependence on mobile devices. Steve and I both understand that the anti-virus paradigm is finished and that a new paradigm must be developed,” said John McAfee, proposed Executive Chairman and Chief Executive Officer of MGT Capital. “We are honored that Steve has agreed to head up our new ELSTAB.”
Shares of Bazaarvoice Inc (NASDAQ:BV) ended Friday session in green amid volatile trading. The shares closed up +0.01 points or 0.29% at $3.48 with 7,956,510 shares getting traded. Post opening the session at $3.49, the shares hit an intraday low of $3.40 and an intraday high of $3.62 and the price vacillated in this range throughout the day. The company has a market cap of $286.43 million and the numbers of outstanding shares have been calculated to be 82.07 million shares.
Bazaarvoice Inc (BV) on June 02, 2016 reported its financial results for the fourth fiscal quarter and full year ended April 30, 2016.
“We delivered our third consecutive quarter of positive adjusted EBITDA and positive operating cash flow for the fiscal fourth quarter,” said Gene Austin, chief executive officer and president. “Fiscal 2016 was a pivotal year for Bazaarvoice as we launched a number of new initiatives to position the company for long term growth while simultaneously driving improved operating margin performance. We are uniquely positioned with our broad Consumer Generated Content offerings and shopper advertising and additional solutions to further monetize our network of retailers and brands.”
Fourth Fiscal Quarter of 2016 Financial Details
Revenue from continuing operations: Bazaarvoice reported revenue of $50.7 million for the fourth fiscal quarter of 2016, up 5.0% from the fourth fiscal quarter of 2015, which consisted of SaaS revenue of $49.1 million and net advertising revenue, formerly referred to as media revenue, of $1.6 million.
GAAP net loss and net loss per share from continuing operations: GAAP net loss was $6.4 million, compared to a GAAP net loss of $8.8 million for the fourth fiscal quarter of 2015. GAAP net loss per share was $0.08 based upon weighted average shares outstanding of 81.5 million, compared to GAAP net loss per share of $0.11 for the fourth fiscal quarter of 2015 based upon weighted average shares outstanding of 79.7 million.
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'