Needham & Company Reiterates Buy Rating and $11 PT on Amber Road (AMBR) Following 4Q Results, 'Best Ever Bookings'

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Go back to Needham & Company Reiterates Buy Rating and $11 PT on Amber Road (AMBR) Following 4Q Results, 'Best Ever Bookings'

Amber Road Announces Fourth Quarter and Full Year 2016 Financial Results

February 16, 2017 4:15 PM EST

EAST RUTHERFORD, N.J.--(BUSINESS WIRE)-- Amber Road, Inc. (NYSE: AMBR), a leading provider of global trade management (GTM) solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2016.

Jim Preuninger, Chief Executive Officer of Amber Road, stated, The fourth quarter capped off a very strong 2016 for Amber Road. I am very pleased with our ability to deliver on our key goals in 2016 to improve bookings, restore subscription growth rates, cut the cash burn, and put us on a path towards profitability. We enter 2017 with stronger... More