Key Developments: GlobalSCAPE Inc (GSB)
1.74USD
21 May 2013
$0.05 (+2.96%)
$1.69
$1.70
$1.78
$1.70
23,724
13,967
$2.32
$1.32
Latest Key Developments (Source: Significant Developments)
GlobalSCAPE Inc Announces Craig A. Robinson as CEO
GlobalSCAPE Inc announced that Craig A. Robinson, President and Chief Operating Officer, has been promoted to Chief Executive Officer of the company and also has been appointed to the Globalscape board of directors. Both appointments were effective March 1, 2013. Mr. Robinson will continue as president of Globalscape, and the company has no current plans to maintain the Chief Operating Officer position. Full Article
GlobalSCAPE Inc Announces Special Cash Dividend Of $0.07 Per Common Share
GlobalSCAPE Inc announced that its Board of Directors has declared a special cash dividend of $0.07 per share of common stock. The dividend is payable on December 27, 2012 to shareholders of record on December 17, 2012. Full Article
GlobalSCAPE Inc Announces James R. Morris Retires As Chief Executive Officer-Form 8-K
GlobalSCAPE Inc announced in its Form 8-K that on November 19, 2012, James R. Morris, GlobalSCAPE’s Chief Executive Officer and a director of the Company, notified the Company that he had retired from all positions with the Company effective immediately. Full Article
GlobalSCAPE, Inc. Secures New US Army Contract
GlobalSCAPE, Inc. announced that it has finalized a new contract with the US Army to continue supporting the Standard Army Maintenance System-Enhanced (SAMS-E) logistics program. This is the fourth US Army contract for Globalscape since 2005. The new contract extends through July 2013, replacing a previous three-year contract awarded in 2009. This sole source contract is for $1.35 million over the first year, with the revenue recognized in equal installments over the term of the agreement, and also includes two one-year options that, if exercised, could result in a total value of $4.4 million over the next three years, making it potentially the largest single contract win in company history. Under this agreement, Globalscape will continue to provide maintenance and support to previously purchased software licenses, including the Enhanced File Transfer Server solution and CuteFTP Pro managed file transfer application. Full Article
GlobalSCAPE, Inc. Names James Albrecht New Chief Financial Officer
GlobalSCAPE, Inc. announced that James Albrecht has joined the Company as its Chief Financial Officer. Desiree Smith, who has served as interim CFO since February of this year, will continue her role as corporate controller. Full Article
GlobalSCAPE, Inc. Comments On H2 2012 Net Income Guidance
GlobalSCAPE, Inc. announced that it expects to increase net income, particularly in the second half of 2012, as the Company recognize additional revenue from the TappIn OEM arrangements and potentially continue to increase its core revenue. Full Article
GlobalSCAPE, Inc. Issues Q4, FY 2011 Revenue Guidance In Line With Analysts' Estimates
GlobalSCAPE, Inc. announced that for fourth quarter of 2011, it expects revenue to be approximately $5.3 million and revenue for fiscal 2011 to be approximately $21 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $5.6 million for fourth quarter of 2011 and revenue of $21.4 million for fiscal 2011. Full Article
GlobalSCAPE, Inc. Acquires Mobile File Sharing Company TappIn
GlobalSCAPE, Inc. announced that it has expanded its capabilities by acquiring privately-held, Seattle-based mobile file sharing innovator TappIn, Inc., formerly known as HomePipe Networks, Inc. GlobalSCAPE paid $9 million in cash for TappIn at closing on December 2, 2011. TappIn`s stockholders can receive an additional $8 million over the next three years if specific revenue and solution development targets are achieved. TappIn will operate as a wholly-owned subsidiary of GlobalSCAPE. All TappIn employees will remain in Seattle. TappIn executives Chris Hopen, Parvez Anandam, Doug Wheeler, and Andrew Tull will remain with GlobalSCAPE in senior leadership roles. Full Article
GlobalSCAPE, Inc. Announces Chief Operating Officer Promoted To President
GlobalSCAPE, Inc. announced that Chief Operating Officer (COO) Craig Robinson has been promoted to Company President, effective immediately. He will retain his role as COO and will continue to report directly to CEO Jim Morris. Full Article
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