Jul 4
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Activeport Group (ASX: ATVR) Launches $5.3M Renounceable Rights Issue with Trading Commencement
Activeport Group Limited (ASX: ATVR), a prominent provider of orchestration software for telecommunications, data centers, and cloud services, has officially begun trading its $5.3 million Renounceable Rights Issue on the ASX (ATVR). Shareholders can trade or exercise their rights until October 25, 2024. 📈
🔑 Key Takeaway: Activeport is poised for significant growth as it utilizes the funds raised to accelerate software development, expand internationally, and enhance recurring revenue. Investors can take advantage of this opportunity, with the offer priced at a 50% discount.
🔹 Offer Details:
3 new shares for every 4 held at $0.02/share
One free attaching option for every 3 new shares purchased
🔹 Use of Funds:
Hire technical and business development personnel for new projects
Increase recurring revenue from enterprise software licenses
Expand its global SaaS operations
Mahe Capital Pty Ltd has been appointed as the Lead Manager for this Rights Issue.
📊 Investor Outlook: With major projects in Asia, India, and the Middle East, Chairman Peter Christie emphasized that this fundraising will reinforce Activeport's growth trajectory, boosting recurring revenue and ensuring stable positive free cash flow.
Chairman Peter Christie stated, “Activeport has reached profitability and established itself as a leading provider of orchestration software for networks, data centers, cloud gaming, and artificial intelligence. We have substantial projects underway in Asia, India, and the Middle East, along with a robust pipeline of new opportunities. This fundraising will create a solid foundation for expanding our recurring revenue base and achieving consistent positive free cash flow. I look forward to continued shareholder support as we elevate Activeport and enhance shareholder value.”
SoftBank Group के शेयरों में 8% की बड़ी गिरावट, जानिए क्या है वजह
SoftBank Group के शेयरों में 8% की बड़ी गिरावट, जानिए क्या है वजह
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नई दिल्ली: वित्तीय सेवाएं देने वाली जापान की दिग्गज कंपनी SoftBank Group के शेयरों में आज 8 परसेंट की बड़ी गिरावट देखने को मिल रही है. भाव में 480 जापानी येन (japanese yen) तक की गिरावट देखने को मिल रही है. SoftBank Group के शेयरों में ये गिरावट टेक्नॉलॉजी शेयरों में किए गए कंपनी के भारी भरकम निवेश की वजह से देखने को मिल रही है. SoftBank Group ने Amzon, Microsoft, Netflix समेत कई…
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CyberArk (CYBR): Q4 2019 Earnings Snapshot
CyberArk (CYBR): Q4 2019 Earnings Snapshot
— CyberArk Software (NASDAQ: CYBR) reported earnings of $0.97 per share in the fourth quarter of 2019, vs $0.81 per share expected.
— Q4 revenue rose 19% to $129.7 million, vs $126.4 million expected.
— For 1Q20, company expects adjusted earnings of $0.35-0.41 per share on revenues of $106 million to $110 million.
— For full year 2020, company expects adjusted EPS of $2.26-2.38 on…
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“What makes a solid tech stock?” may be one of the most important questions an investor can answer. Over the last decade, tech companies started to penetrate the top ten list of global companies by market cap. Today, tech dominates this list with Apple, Microsoft, Google, Facebook and Alibaba.
“What makes a solid tech stock?” may be one of the most important questions an investor can answer. Over the last decade, tech companies started to penetrate the top ten list of global companies by market cap. Today, tech dominates this list with Apple, Microsoft, Google, Facebook and Alibaba.
Q4 revenue miss weighs on Hewlett Packard Enterprise stock
Q4 revenue miss weighs on Hewlett Packard Enterprise stock
Hewlett Packard Enterprise (NYSE: HPE) on Monday delivered Q4 adjusted earnings of 0.49 cents per share, beating Wall Street expectation of 46 cents per share and higher than the management’s projection range.
Meanwhile, revenues of $7.2 billion were down 9% year-over-year. Analysts were expecting Q4 revenues of $7.4 billion.
HPE shares slipped 3.2% immediately following the earnings…
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GoDaddy (GDDY): Q3 2019 Earnings Snapshot
GoDaddy (GDDY): Q3 2019 Earnings Snapshot
— GoDaddy Inc. (NYSE: GDDY) reported third-quarter 2019 earnings of $0.42 per share, vs. $0.21 per share expected.
— Total revenue rose 12% to $760.5 million, vs. $761.4 million expected.
— Total bookings of $851.0 million, up 14.7% YoY,
— Average revenue per user rose 7% to $155
— For the full year 2019, GoDaddy expects revenues of $2.98 billion – $2.99 billion.
— GDDY shares…
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