Benefitfocus, Inc. (BNFT, Financial)
Shares of Benefitfocus, Inc. (BNFT, Financial) soared more than 25% in after-hours trading on Tuesday, after it reported better-than-expected financial results and an equity investment in the company from Mercer, a global consulting leader in advancing health, wealth and careers.
For the fourth quarter 2014, BNFT posted total revenue of $40.2 million, a 33% increase year over year, and non-GAAP net loss of ($10.0) million, or ($0.39) per share, these results better than the Capital IQ Consensus Estimate of ($0.62) loss per share on revenues of $38.44 million for the period.
Mercer will make an initial 9.9% strategic equity investment in BNFT, with the option to increase its ownership over time.
BNFT is a leading provider of cloud-based benefits software solutions for consumers, employers, insurance carriers and brokers
More about Benefitfocus, Inc. (BNFT, Financial) at www.benefitfocus.com.
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Zagg Inc. (ZAGG, Financial) delivered record quarterly financial results, driven by strong sales momentum.
For the fourth quarter 2014, ZAGG posted record net sales of $102.4 million, a 53% increase year over year, and pro forma net income of $14.9 million, or $0.49 per diluted share, compared to pro forma net income of $7.1 million, or $0.23 per diluted share in the same period the prior year, topping the Capital IQ Consensus Estimate of $0.38 earnings per share on revenue of $93.08 million for the period.
ZAGG is forecasting 2015 revenue in the range of $260 million to $270 million.
ZAGG and its subsidiaries design, produce and distribute creative mobile accessory solutions.
More about Zagg Inc. (ZAGG, Financial) at www.ZAGG.com
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Rubicon Project, Inc. (RUBI, Financial)
Rubicon Project, Inc. (RUBI, Financial) reported robust performance on its financial results, driven by leading technology innovations, differentiated marketplace positioning, and relentless focus on execution
For the fourth quarter 2014, RUBI posted revenue of $41.8 million, a 49% increase year over year, and non-GAAP net income of $9.42 million, or $0.25 per diluted share, versus non-GAAP net income of $4.28 million, or $0.14 per diluted share in the fourth quarter 2013, exceeding the Capital IQ Consensus Estimate of $0.03 earnings per share on revenue of $39.44 million for the period.
RUBI has engineered the Advertising Automation Cloud, one of the largest real-time cloud and Big Data computing systems.
More about Rubicon Project, Inc. (RUBI, Financial) at www.rubiconproject.com
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Crown Equity Holdings Inc. (CRWE, Financial)
Crown Equity Holdings Inc. (CRWE, Financial) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network (www.CRWE-PR.com), a growing network of community targeted sites.
It has recently included Jurupa Valley, California ( www.jurupavalley.crwe-pr.com ) into the CRWE Network.
Jurupa Valley is a city in Riverside County, California. It is a mix of high and low-density residential development, rural farming and other agricultural activities, and a mix of commercial retail and industrial activity.
The City of Jurupa Valley had an estimated population in 2013 (U.S. Census Bureau) of 98,030, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally,
The CRWE Network has reached the 1,487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Press Release (www.crwepressrelease.com) offers increased visibility with cost effective solutions through the distribution of information to the entire CRWE Network for both public and private companies.
More about Crown Equity Holdings Inc. (CRWE, Financial) at www.crownequityholdings.com
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