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Activist Investor Elliot Management Buys Stake In F5 Networks: WSJ
Sunday, November 8, 2020 - 10:35pm | 400Elliott Management Corp. has acquired a stake in the Seattle-headquartered technology company F5 Networks Inc (NASDAQ: FFIV), according to the Wall Street Journal. What Happened: The activist investor's purchase amounts to less than a 5% beneficial ownership and it doesn't require...
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SAP Lowers 2020 Guidance As Revenue Falls In Q3
Monday, October 26, 2020 - 2:39am | 463Software company SAP SE (NYSE: SAP) reported revenue of €6.5 billion for its third quarter on Monday, approximately 4% lower year-over-year. Its predictable revenue, that is, combined non-IFRS revenues from the cloud segment and the software support segment, for Q3 was 74%. EPS...
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Unity Raises IPO Target To Above $1.3B, Set To Become 4th Tech Listing This Week
Thursday, September 17, 2020 - 11:06pm | 310Video game software developer Unity Software Inc. priced its initial public offering above previous estimates on Thursday. What Happened: Unity said it planned to issue 25 million shares at $52 per share. The underwriters are entitled to a 30-day option to buy an additional 3.75 million shares...
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Video Game Software Maker Unity To Let Investor Bids Dictate IPO Offer Price
Friday, September 11, 2020 - 3:49am | 424Two weeks after Unity Software Inc initially announced its plans to go public, the company filed an amended securities registration form with the details of the offering. The update filed on Sept. 9 disclosed that the company would issue 25 million shares with an initial public offering offer ...
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Software Companies Must Broaden Offerings To Be Competitive In 2020
Thursday, March 5, 2020 - 3:40pm | 744The digital revolution hit the logistics industry hard and fast a few years ago, and companies have to work harder than ever to differentiate their offerings from all the other tools and applications flooding the market. One way to do that is capitalizing on existing products by adding features...
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D.A. Davidson: Software Fundamentals Strong Heading Into 2015 But Don't Rush To Invest
Friday, January 2, 2015 - 9:04am | 249Jack Andrews of D.A. Davidson previewed the Software industry's outlook for 2015, noting that fundamentals remain strong, although it is unclear if the outlook will be enough to boost Software stock prices in the near-term. “We caution that in early 2015 software stock performance may be muted,...