Key Developments: Kofax Ltd (KFX.L)

KFX.L on London Stock Exchange

427.00GBp
25 Nov 2014
Price Change (% chg)

4.25p (+1.00%)
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Latest Key Developments (Source: Significant Developments)

Kofax receives three new patents for Advanced Mobile Technology
Wednesday, 19 Nov 2014 08:00am EST 

Kofax Ltd:Says it was issued three new patents by the United States Patent and Trademark Office (USPTO).Company now has 54 issued patents and 60 pending applications, with 47 pct of the total relating to mobile imaging technologies.  Full Article

Kofax Ltd reaffirms FY 2015 guidance
Thursday, 30 Oct 2014 04:07pm EDT 

Kofax Ltd:Expects FY 2015 GAAP revenues to be in the range of $314.0 to $328.0 mln.Expects FY 2015 Non-GAAP revenues to be in the range of $317.0 to $331.0 mln.Expects FY 2015 GAAP adjusted EBITDA to be in the range of $38.0 to $45.0 mln.Expects FY 2015 Non-GAAP EBITDA to be in the range of $41.0 to $51.0 mln.FY 2015 revenue of $324.8 mln and EBITDA of $48 mln - Thomson Reuters I/B/E/S.  Full Article

Attorney-General's Department selects Kofax Ltd
Tuesday, 14 Oct 2014 03:30am EDT 

Kofax Ltd:Says the Attorney-General's Department selected Kofax TotalAgility to streamline its case management needs into a unified smart process application platform.This will streamline business processes, support greater consistency in the development of new solutions and increase connectivity between business lines, and TotalAgility's analytics capabilities will enable staff to monitor process flows and remedy bottlenecks in near real time.  Full Article

Kofax Ltd gives Q1 0215 guidance below analysts' estimates; updates FY 2015 guidance
Wednesday, 8 Oct 2014 04:05pm EDT 

Kofax Ltd:Expects Q1 2015 GAAP revenues to be in the range of $67.0 to $69.0 million.Expects Q1 2015 Non-GAAP revenues to be in the range of $68.0 to $70.0 million.Expects Q1 2015 GAAP adjusted EBITDA to be in the range of$2.5 to $3.5 million.Expects Q1 2015 Non-GAAP EBITDA to be in the range of $3.5 to $4.5 million.Updates its guidance for FY 2015.Expects FY 2015 GAAP revenues to be in the range of $314.0 to $328.0 million.Expects FY 2015 Non-GAAP revenues to be in the range of $317.0 to $331.0 million.Expects FY 2015 GAAP adjusted EBITDA to be in the range of $38.0 to $45.0 million.Expects FY 2015 Non-GAAP EBITDA to be in the range of $41.0 to $51.0 million.Q1 2015 revenue of $75.4 million and EBITDA of $7.4 million - Thomson Reuters I/B/E/S.FY 2015 revenue of $338.7 million and EBITDA of $0.32 - Thomson Reuters I/B/E/S.  Full Article

Mobile Money Management and Remote Deposit Capture Solutions provider switches to Kofax's Kofax Mobile Platform
Wednesday, 24 Sep 2014 03:00am EDT 

Kofax Ltd:Mobile money management and remote deposit capture (RDC) solutions provider has switched to Kofax Mobile Capture Platform.Kofax Mobile Capture Platform and Kofax Mobile SDK are trademarks of Kofax Limited.  Full Article

U.S. HMO Insurer invests over $260,000 in Kofax Ltd
Tuesday, 16 Sep 2014 03:00am EDT 

Kofax Ltd:Says one of the United States` healthcare maintenance organization (HMO) insurers has deployed Kofax TotalAgility, Kofax Capture, Kofax Transformation Modules and Kofax Medical Claims Add-on Pack.To streamline claims processing, ensure compliance with current Health Insurance Portability and Accountability Act (HIPAA) requirements and interfaces with the company`s EpicCare software for electronic medical record (EMR) purposes.  Full Article

Kofax announes acquisition of Softpro GmbH
Tuesday, 2 Sep 2014 07:00am EDT 

Kofax Ltd:Says it acquired Softpro GmbH.Acquired all of Softpro's stock for total consideration of $34.7 mln in cash.Expects to complete the integration of Softpro by the end of calendar year 2014.  Full Article

Kofax Ltd updates FY 2014 guidance to a range below analysts' estimates
Thursday, 10 Jul 2014 04:16pm EDT 

Kofax Ltd:Expects FY 2014 to report unaudited IFRS software license revenue in the range of $116.5 to $118.5 million, total revenues in the range of $287.5 to $290.5 million and income from operations in the range of $33.5 to $35.5 million.Expects FY 2014 to report unaudited Non-IFRS software license revenue in the range of $122.5 to $124.5 million, total revenues in the range of $295.0 to $298.0 million and adjusted EBITDA in the range of $41.0 to $43.0 million.FY 2014 revenue of $300 million and EBITDA of $44.5 million - Thomson Reuters I/B/E/S.  Full Article

North American Medical Products and Services Provider Selects Kofax Solution for AP Automation
Tuesday, 24 Jun 2014 03:00am EDT 

Kofax Ltd:Says that an organization that provides medical products and services throughout North America selected Kofax MarkView for AP, Kofax Capture, Kofax Transformation Modules and Kofax Analytics for Capture to automate its accounts payable (AP) processes.Customer selected Kofax for its expertise with AP best practices and providing solutions for SAP environments that streamline the capture of invoices.Says automate manual data entry and exception resolution and provide near real time insight into the invoices being processed in order to better plan and manage cash flow.  Full Article

Global Industrial Products Installation and Maintenance Service Provider selects Kofax Mobile Capture Platform to optimize expense receipt processing
Wednesday, 28 May 2014 03:00am EDT 

Kofax Ltd:Says a global industrial products installation and maintenance service provider has selected Kofax Mobile Capture Platform to capture, submit and process employee expense receipts via mobile devices.The service provider, is using Kofax Mobile Capture Platform to ensure its global field team can capture high quality expense receipt images in a timely manner by using the camera on their mobile devices.Sale was comprised of about $250,000 in software license revenue, $45,000 in maintenance services and $45,000 in professional services and closed in the quarter ending March 31.  Full Article

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