Key Developments: Higher One Holdings Inc (ONE)
11.13USD
22 May 2013
$-0.23 (-2.02%)
$11.36
$11.41
$11.47
$11.03
138,270
274,858
$15.00
$8.57
Latest Key Developments (Source: Significant Developments)
Higher One Holdings Inc Raises FY 2013 Revenue Guidance; Lowers FY 2013 EPS Guidance
Higher One Holdings Inc announced that the Sallie Mae Campus Solutions acquisition will directly impact the Company's fiscal 2013 annual revenue and earnings. As a result, Higher One is updating fiscal 2013 revenue guidance range to $220-$230 million, GAAP Diluted EPS to be in range of $0.42-$0.48 and non-GAAP adjusted diluted EPS guidance to be in the range of $0.58-$0.64. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $212 million and EPS of $0.66 for fiscal 2013. Full Article
Higher One Holdings Inc Announces Appointment Of Christopher W. Wolf As Chief Financial Officer
Higher One Holdings Inc announced that Christopher W. Wolf will join Higher One Holdings, Inc. as Chief Financial Officer (CFO), effective March 5, 2013. Full Article
Higher One Holdings Inc Issues FY 2013 Guidance; EPS Guidance Below Analysts' Estimates
Higher One Holdings Inc announced that for fiscal 2013, it expects revenue and GAAP diluted EPS guidance of $210.0-$220.0 million and $0.47-$0.55, respectively. The Company also gave fiscal 2013 non-GAAP adjusted diluted EPS guidance of $0.62-$0.70. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $215 million and EPS of $0.75 for fiscal 2013. Full Article
Higher One Holdings Inc Lowers FY 2012 Revenue Guidance; Reaffirms FY 2012 EPS Guidance
Higher One Holdings Inc revised its fiscal 2012 revenue and GAAP diluted EPS guidance to $192.0-$200.0 million and $0.53-$0.60, respectively. The Company maintained fiscal 2012 non-GAAP adjusted diluted EPS guidance of $0.63-$0.70. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $203 million for fiscal 2012. Full Article
Higher One Holdings Inc's Higher One, Inc. Enters Into New $200 Million Revolving Credit Facility
Higher One Holdings Inc announced that its wholly-owned subsidiary, Higher One, Inc. (Higher One), entered into a new five-year senior secured revolving credit facility (Credit Agreement) in an amount of $200 million with Bank of America, N.A. as administrative agent, and other lenders. The amount available to be drawn under the Credit Agreement may be increased by an additional $100 million upon Higher One`s request and the agreement of the lenders party to the Credit Agreement. This new credit facility replaces the Company`s existing $50 million revolving credit facility. The facility will bear interest at floating rates, plus a margin based on the leverage ratio of the Company. Full Article
Higher One Holdings Inc Reaffirms FY 2012 Guidance
Higher One Holdings Inc reaffirmed its fiscal 2012 revenue and GAAP diluted EPS guidance of $200.0 -- $215.0 million and $0.70 -- $0.80, respectively. The Company maintained fiscal 2012 non-GAAP adjusted diluted EPS guidance of $0.80 -- $0.90. Full Article
Higher One Holdings Inc Lowers FY 2012 Guidance
Higher One Holdings Inc announced that for fiscal 2012, it expects revenue to a range of $200.0-$215.0 million, GAAP diluted earnings per share to a range of $0.70-$0.80 and non-GAAP adjusted diluted earnings per share (EPS) to a range of $0.80-$0.90. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $213 million and EPS of $0.89 for fiscal 2012. Full Article
Higher One Holdings Inc Issues Q1 2012 Guidance Above Analysts' Estimates; Lowers FY 2012 Revenue Guidance; Reaffirms FY 2012 EPS Guidance
Higher One Holdings Inc announced that for the first quarter of 2012, it expects revenues of $58.0-$62.0 million and issued GAAP diluted EPS guidance of $0.24-$0.28 and non-GAAP adjusted diluted EPS guidance of $0.27-$0.30 and The Company updated fiscal 2012 revenue guidance to $215.0-$230.0 million and maintained GAAP diluted EPS guidance of $0.80-$0.90 and non-GAAP adjusted diluted EPS guidance of $0.90-$1.00. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $51 million and EPS of $0.24 for the first quarter of 2012 and revenues of $233 million and EPS of $0.96 for fiscal 2012. Full Article
Higher One Holdings Inc Extends Partnership With Jenzabar In Higher Education
Higher One Holdings Inc announced the extension of a Certified Platinum Partner agreement with Jenzabar, a provider of software, services, and strategies for higher education. Building upon a long established partnership, Higher One`s CASHNet suite of payment processing solutions further integrates with Jenzabar ERP solutions. Full Article
Higher One Holdings Inc Narrows FY 2011 Revenue Guidance; Raises Low End Of Prior FY 2011 EPS Guidance; Issues FY 2012 Guidance In Line With Analysts' Estimates
Higher One Holdings Inc announced that it has narrowed fiscal 2011 revenue and GAAP diluted EPS guidance range and expects revenue of between $182.0-$186.0 million and GAAP EPS of $0.51-$0.58. The Company updated fiscal 2011 non-GAAP adjusted diluted EPS guidance to $0.74-$0.77. For fiscal 2012, it expects revenues of $227.0-$237.0 million, $0.80-$0.90 in GAAP diluted EPS and non-GAAP diluted EPS of $0.90-$1.00. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.75 on revenues of $186 million for fiscal 2011; EPS of $0.94 on revenues of $233 million for fiscal 2012. Full Article

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