SharpSpring (SHSP) acquired Marin Software’s (MRIN) Perfect Audience business for $4.6 million in cash. For Marin, the sale enables the company to focus on its enterprise brands across search, social and e-commerce advertising, and reduces Q4 revenue and non-GAAP operating income by $0.5 million and $0.2 million, respectively.
Read MoreQAD (QADA) reports fiscal Q3 ’20 results on Tuesday, November 26. With the Institute for Supply Management’s Purchasing Managers Index (PMI) contracting in each month of QAD’s fiscal quarter and commentary from other reporting companies this past earnings season pointing to a soft spending environment in the automotive and manufacturing sectors, our expectations for any significant upside are tempered to say the least.
Read MoreCarbonite (CARB), a provider of data protection services and endpoint security, has agreed to be bought by OpenText (OTEX) for $23.00 per share in cash, a 25% premium to the last closing price preceding the announcement and a 78% premium to the unaffected closing price on the day prior to reports that the company was considering a sale.
Read MoreAs we begin to turn the page on another earnings season, a few trends were particularly notable during the third quarter of 2019. First, exposure to the public sector proved beneficial, especially for those doing business with the Federal government.
Read MoreStamps.com (STMP) posted another big beat in Q3 and raised guidance for FY ’19, in effect taking expectations back to where the company had guided earlier in the year. Both the beat and raise largely reflected the extension of existing United States Postal Service (USPS) reseller agreements through year-end versus prior assumptions that new terms could be instituted after the June quarter.
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