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Company Also Enters Into Forbearance Agreement with Lenders
Q4 Net Revenues Increase 53% to $36.6 Million; Adjusted Gross Margin Increases 290 Basis Points to 25.2%
Engagement Builds Upon Speed Commerce's Successful Partnerships With Other Military Exchange Services
Company Affirms Fiscal 2015 and 2016 Guidance; Signs New Clients & Continues to Build Core Business
Net Revenues Increase 17%; Company Signs Five New E-Commerce Clients and Realigns Senior Leadership
The most recent short interest data has been released by the NASDAQ for the 01/15/2015 settlement date, which shows a 529,238 share increase in total short interest for Speed Commerce, Inc. , to 3,457,785, an increase of 18.07% since 12/31/2014.
The most recent short interest data has been released by the NASDAQ for the 12/31/2014 settlement date, which shows a 378,164 share decrease in total short interest for Speed Commerce, Inc. , to 2,928,547, a decrease of 11.44% since 12/15/2014.
Engine Capital says together the companies could rival eBay enterprise unit.
Transaction Provides Scale, Diverse Customer Base and Significant Cross-Selling Opportunities
Net Revenues of $23.1 Million With 35% Increase in Adjusted EBITDA to $2.7 Million