313 news & feature articles results for "ebitda"

In an all-hands meeting, CEO Mark Zuckerberg details the company's finances with remarkable candor.

Posted by Caroline McCarthy

Penton Media, which produces business magazines, trade shows and Web sites, has warned that fourth-quarter revenue will fall short of Wall Street estimates, adding that it is in talks with lenders, asking banks to agree to waive existing loan covenants.

Penton said its fourth-quarter revenue would be in the range of $90 million to $95 million, with adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $10 million to $14 million. The consensus estimate from three analysts had been for fourth-quarter revenue of $105.7 million, according to First Call. Penton said full-year revenues were expected to be between $370 million and $375 million, with adjusted EBITDA between $38 million and $42 million. The full-year consensus of the analysts was for revenue of $391.3 million. Penton declined to give revenue guidance for 2002.

Posted by null Reuters

PurchasePro announced Thursday that it has raised $6 million from private investors in a placement of common stock and warrants to purchase common stock. The placement requires that the company issue 9,230,770 shares of stock at $0.65 each and 1,384,615 warrants to purchase shares of stock at $1.00 each. The deal increases the number of company shares by 13.6 percent.

The business-to-business e-commerce software maker believes that it will not need future outside funding, and its CEO Richard Clemmer said in a statement that he expects the company "to be EBITDA (earnings before interest, taxes, depreciation and amortization) positive by spring and to generate cash by the fall." PurchasePro secured $15 million last December through a stock sale to Fusion Capital Fund.

Posted by Sam Ames

Fiber-optic network company Williams Communications reported a hefty loss Monday. For the fourth quarter, the Tulsa, Okla.-based company reported a net loss of $546.6 million, or $1.18 a share, compared with a loss of $74.0 million, or 16 cents a share, in the year-ago period. First Call consensus analysts' estimate was for a loss of 48 cents a share. Williams said its earnings from continuing operations before interest, taxes, depreciation and amortization and other adjustments (EBITDA) topped estimates.

The company, 85-percent owned by energy company Williams Cos., said it was confident it would meet or exceed 2001 analysts' estimates for total network revenues that range between $1.3 billion and $1.4 billion.

Posted by Anand Ablack

Company plans to shutter unprofitable retail locations by the end of next year in an attempt to make operations more financially stable, SEC filing reveals.

Posted by Don Reisinger

TiVo alleges AT&T and Verizon are violating three of its DVR patents, in a repeat of the tack it took against Dish/EchoStar.

Posted by Larry Dignan

Posted by null Reuters

Gerard Klauer Mattison analyst Jeffrey Logsdon says the media titan would have to achieve "unprecedented growth" to meet its earnings targets.

Posted by Margaret Kane

Posted by Tiffany Kary

Getty Images warns that its first quarter will not meet expectations and its previous projections are out of focus.

Posted by Tiffany Kary