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Fusion Telecommunications International Inc (FSNN.OQ)

FSNN.OQ on NASDAQ Stock Exchange Capital Market

1.42USD
21 Apr 2017
Change (% chg)

$-0.08 (-5.33%)
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Latest Key Developments (Source: Significant Developments)

Fusion Q4 loss per share $0.26
Monday, 20 Mar 2017 09:05am EDT 

Fusion Telecommunications International Inc : Fusion reports fourth quarter and full year 2016 financial results . Q4 loss per share $0.26 . Qtrly consolidated revenue grew 8% to $28.9 million, compared to $26.8 million in q4 2015 . Fusion telecommunications international inc - anticipate realizing full run-rate of our expected cost synergies by second half of 2017 .Fusion telecommunications international - ended quarter with an average monthly revenue per customer (arpu) of $679 and a churn rate of 0.8%.  Full Article

Fusion acquires cloud services provider Apptix
Tuesday, 15 Nov 2016 09:04am EST 

Fusion Telecommunications International Inc : Fusion Telecommunications International -Pricing of $2.8 million private placement consisting of 2.4 million shares of its common stock at $1.15 per share . Fusion Telecommunications International Inc- Total consideration in transaction was $28.0 million . Fusion Telecommunications International Inc - Acquisition was financed with a new $70.0 million senior secured credit facility led by East West Bank .Fusion acquires cloud services provider Apptix.  Full Article

Fusion Telecommunications reports Q2 loss per share $0.20
Thursday, 11 Aug 2016 08:45am EDT 

Fusion Telecommunications International Inc : Fusion reports second quarter 2016 results . Q2 revenue rose 21 percent to $30.4 million . Q2 loss per share $0.20 .Established three-year financial targets of $200 million in revenue, 50% gross margin, and 15% adjusted EBITDA margin.  Full Article

Fusion Q1 loss per share $0.30
Wednesday, 11 May 2016 09:29am EDT 

Fusion Telecommunications International Inc : Qtrly average monthly revenue per customer (ARPU) of $539 . Fusion reports first quarter 2016 results . Q1 loss per share $0.30 .Q1 revenue rose 31 percent to $33.2 million.  Full Article

Fusion Telecommunications International Inc acquires cloud services provider Fidelity
Wednesday, 9 Dec 2015 09:00am EST 

Fusion Telecommunications International Inc:Acquires cloud services provider fidelity.Says total consideration in the transaction, which closed on December 8, 2015, was $30.0 million.Total consideration consists of $28.5 million in cash and $1.5 million in Fusion common stock.Cash portion of the consideration was funded via fusion's existing bank credit facility and its cash balances.Transaction is immediately accretive to Fusion.  Full Article

Fusion Telecommunications International Inc secures contract by Health Insurance Organization
Tuesday, 20 Oct 2015 08:45am EDT 

Fusion Telecommunications International Inc:Secures contract to deliver its geographically diverse managed cloud networking solutions in support of the company's comprehensive disaster recovery plan and rapid expansion in facilities and infrastructure.Says Fusion will implement its integrated cloud-based voice solution through routing portal to enable business continuity for the company's voice requirements.  Full Article

Fusion Telecommunications International Inc acquires Cloud Computing Solutions Provider RootAxcess, LLC
Monday, 5 Oct 2015 08:45am EDT 

Fusion Telecommunications International Inc:Acquires cloud computing solutions provider rootaxcess, llc.Says deal funded via its cash balances and revolving credit facility.Says Fusion expects to fully integrate rootaxcess by the end of the first quarter of 2016.  Full Article

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