Tagged With "EBITDA"

AUSTIN, Texas, Jan. 11, 2017 /PRNewswire/ -- Upland Software, Inc. ( UPLD ), a leader in cloud-based Enterprise Work Management software, today announced that it has acquired Omtool, an award-winning enterprise document capture, fax, and workflow solution. "We are pleased to welcome Omtool and their valued customers and partners to Upland," said Jack McDonald, Chairman and CEO of Upland Software. "This strategic acquisition enhances our workflow automation and document management product...

As the print equipment and services industry continues declining it's time to evaluate all aspects of the deliverable. In the days of its growth it made sense for dealers to sell all the industry's equipment. However, today dealers should question that approach. Here are my thoughts on Production Print. There seems to be a lot of talk regarding Production Print. However, if that talk turned into a discussion based on realities, most would listen with caution. The Imaging Channel is chasing...

AUSTIN, Texas , March 22, 2018 /PRNewswire/ -- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based Enterprise Work Management software, today announced that it has acquired InterFAX Communications Ltd., a leading provider of secure, cloud-based messaging solutions including enterprise cloud fax and secure document distribution. The acquisition of Dublin, Ireland -based InterFAX, Upland's first in Europe , adds $15.0 million in annualized recurring revenues and will be immediately...

TORONTO , July 3, 2019 /PRNewswire/ - Converge Technology Solutions, Corp. (" Converge " or "the Company ") (TSXV:CTS) (FSE:0ZB) (OTCQX: CTSDF ) announced today that it has acquired Nordisk Systems, Inc. (" Nordisk "), a Northwest based partner focused on infrastructure, cloud, security, analytics, business continuity and managed services solutions. Nordisk brings highly skilled teams of experienced technology experts, business consultants, and industry thought leaders to Converge's fast...

Ninestar publishes forecast Ninestar of Zhuhai, China is owner of Lexmark, and other companies - Forecasting net profits of $228 million to $260 million for its 2021 fiscal year - Claims that global printer/MFP shipments and revenue continue to increase - Predicts that Lexmark division operating revenue will be up 7% to $2.1 billion o EBITDA (earnings before interest, taxes, depreciation and amortization) is predicted to exceed $270 million

TORONTO and GATINEAU, Québec, March 28, 2022 (GLOBE NEWSWIRE) — Converge Technology Solutions Corp. (“ Converge ” or “the Company ”) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce it has signed definitive agreements to acquire Interdynamix (IDX), a next-generation systems integrator focused on business, engineering, and innovation. The transaction is expected to close in Q2 2022. Headquartered in Alberta, Canada, Interdynamix...

Lexmark’s parent releases its FY end forecast Ninestar of China, which owns Lexmark, stated that it expects its net profit to be up to 2 billion RMB (Chinese yuan) ($295 million), up to 71.94% increase over prior year, for fiscal year ending on 12/31/22 Lexmark division revenue up 7% to $2.3 billion Printer unit sales up 20% Earnings before interest/tax/ depreciation/amortization (EBITDA) down 85 to $250 million Printer consumables operating income up 11% to 6.1 billion RMB

Ninestar reports on Lexmark division Ninestar of China reported financial results for FY2022 for its Lexmark division Total revenue up 7.3% to $2.337 billion Gross profit down 4.8% to $675 million Gross profit margin down from 32.6% to 28.9% EBITDA (earnings before interest, taxes, depreciation & amortization) down from $273.5 million to $249 million Device units shipments up 20.9% to 2,443,200 (currently supplies print engines to Ricoh, Sharp, Toshiba & Xerox)

Ninestar announces Lexmark’s financials Ninestar of China, owner of Lexmark, stated that Lexmark’s first half sales were down 32% YoY EBITDA down 33% to $88 million Forecasts that operating income for printer consumables business expected to be down 5.95% Ricoh, Sharp, Toshiba and Xerox are all still sourcing printers and MFPs from Lexmark, even though some of the products may be made using forced labor by Ninestar plants in Zhuhai, China (does not yet show effect of the federal ban on some...

High Wire Reports Revenue of $16.1 Million in First Half of 2023, with Monthly Recurring Revenue Reaching Record $1 Million BATAVIA, Ill., Aug. 15, 2023 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, reported results for continuing operations for the three and six months ended June 30, 2023. All comparisons are to the same year-ago period unless otherwise noted. Financial Highlights First half 2023...

Ninestar of China closes its fiscal year 2023 Is majority owner of Lexmark Ninestar is accused by the US government of using slave labor in some of its Chinese plants Will publish its final FY23 annual report in April, 2024 Plans to report massive net losses of anywhere between 4.5 billion yuan ($634.1 million) to 6.5 billion yuan ($915.9 million), down from profit of 1.862 billion yuan in 2022 Steep declines in revenue and profits in all divisions Lexmark division expected to report 11.4%...

Ninestar of China to sell off Lexmark facilities Lexmark is owned by Ninestar of China, whose revenues have been impacted by charges by the US Department of Homeland Security that it uses slave labor in some plants in China Ninestar announced it plans to sell Lexmark’s US headquarters in Lexington, Kentucky and its facilities in Cebu, Philippines Total of 1.45 million square feet of office space and 135 acres of land involved in Kentucky Selling price of $126.9 million expected Will...