Broadscoft, Inc. (BSFT) Tops Q2 EPS by 7c; Guides Q3 Profit Below Expectations
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Go back to Broadscoft, Inc. (BSFT) Tops Q2 EPS by 7c; Guides Q3 Profit Below Expectations
August 5, 2014 7:15 AM EDT
Jefferies analyst George Notter reiterated a Buy rating and boosted his price target on Broadsoft (NASDAQ: BSFT) to $33.25 (from $29.00) following strong Q2 results.
"BroadSoft delivered a strong Q2 print," Notter said. "Our positive overall view of the companys long term business... More
August 4, 2014 7:30 AM EDT
Broadsoft (Nasdaq: BSFT) announced a new, hosted Unified Communications offering for the hospitality industry, UC-One Hospitality. The acquisition of Systems Design & Development, Inc. (SDD), a software and services provider to many of the largest and most prominent global hotels, resorts, convention and meeting facilities, extended stay, and fractional ownership properties, enables this offering.
Businesses throughout the hospitality industry are actively seeking cloud-provided communications services to replace their aging PBX solutions and align with their corporate IT cloud migration strategies. UC-One Hospitality, integrates BroadSoft's Unified Communications (UC) and SDD's Jazz Fusion capabilities, enabling a... More
