Web.com (WEB) Tops Q4 EPS by 3c
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February 11, 2016 4:06 PM EST
Significantly expands scale in value added digital marketing solutions increasing total revenue base by over 35%Enhances long term growth profileAdds complementary vertical market solutions, franchise specific products and cloud based office automation business applicationsOver $30 million of projected synergies
JACKSONVILLE, Fla., Feb. 11, 2016 (GLOBE NEWSWIRE) -- Â Web.com Group, Inc. (Nasdaq:... More
February 11, 2016 4:06 PM EST
Fourth quarter revenue and profitability exceeded high end of guidanceStrong cash flow with $152.7 million of operating cash flow for the year, up 30% year over year, and $40.2 million in the fourth quarter, up 10% year over yearRepurchased 2,469,000 shares for $50.6 million and reduced debt by $95.3 million for the yearRepurchased 426,000 shares for $9.7 million and reduced debt by $27.8 million in the fourth quarter3.4 million subscribers with 22,000 net additions in the fourth quarter
JACKSONVILLE, Fla., Feb. 11, 2016 (GLOBE... More
