SMTP (SMTP) Tops Q2 EPS by 1c; Announces $9M Common Stock Offering

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SMTP, Inc. Announces Proposed Public Offering of Common Stock

August 3, 2015 7:31 AM EDT

NASHUA, N.H., Aug. 3, 2015 (GLOBE NEWSWIRE) -- SMTP, Inc. ("SMTP" or the "Company") (NASDAQ: SMTP), a global provider of cloud-based marketing technologies, today announced that it intends to offer $9.0 million worth of common stock in an underwritten public offering, subject to market and other conditions. Of the $9.0 million worth of common stock to be sold in the offering, $4.5 million will be sold by the Company and $4.5 million will be sold by Semyon Dukach, Chair of the Company's Board of Directors (the "Selling Stockholder"). In addition, the Selling Stockholder intends to grant the underwriter an... More

SMTP, Inc. Announces Proposed Public Offering of Common Stock

August 3, 2015 7:31 AM EDT

NASHUA, N.H., Aug. 3, 2015 (GLOBE NEWSWIRE) -- SMTP, Inc. ("SMTP" or the "Company") (NASDAQ: SMTP), a global provider of cloud-based marketing technologies, today announced that it intends to offer $9.0 million worth of common stock in an underwritten public offering, subject to market and other conditions. Of the $9.0 million worth of common stock to be sold in the offering, $4.5 million will be sold by the Company and $4.5 million will be sold by Semyon Dukach, Chair of the Company's Board of Directors (the "Selling Stockholder"). In addition, the Selling Stockholder intends to grant the underwriter an... More

SMTP, Inc. Reports Second Quarter 2015 Financial Results

August 3, 2015 7:30 AM EDT

NASHUA, N.H., Aug. 3, 2015 (GLOBE NEWSWIRE) -- SMTP, Inc. (NASDAQ: SMTP), a global provider of cloud-based email marketing technologies, today reported its financial results for the second quarter ended June 30, 2015.

Second Quarter Financial Highlights

Revenues for the second quarter 2015 were $3.6 million, a 143% increase, compared to $1.5 million for the second quarter 2014; Revenues for our SharpSpring product were $1.0 million during the second quarter 2015; Gross profit for the second quarter 2015 was $2.7 million, or 74% of revenue, compared to $1.1 million, or 76% of revenue, for the second quarter of 2014;... More

SMTP, Inc. Reports Second Quarter 2015 Financial Results

August 3, 2015 7:30 AM EDT

NASHUA, N.H., Aug. 3, 2015 (GLOBE NEWSWIRE) -- SMTP, Inc. (NASDAQ: SMTP), a global provider of cloud-based email marketing technologies, today reported its financial results for the second quarter ended June 30, 2015.

Second Quarter Financial Highlights

Revenues for the second quarter 2015 were $3.6 million, a 143% increase, compared to $1.5 million for the second quarter 2014; Revenues for our SharpSpring product were $1.0 million during the second quarter 2015; Gross profit for the second quarter 2015 was $2.7 million, or 74% of revenue, compared to $1.1 million, or 76% of revenue, for the second quarter of 2014;... More