Key Developments: Premiere Global Services Inc (PGI)
11.00USD
24 May 2013
$-0.26 (-2.31%)
$11.26
$11.19
$11.20
$10.58
429,893
149,158
$12.08
$7.89
Latest Key Developments (Source: Significant Developments)
Premiere Global Services Inc Lowers FY 2013 Guidance
Premiere Global Services Inc announced that recent foreign currency exchange rate fluctuations have negatively impacted the guidance PGi previously provided on February 13, 2013 by approximately $5 million. As a result, PGi has updated its outlook for fiscal 2013 and expects net revenues from continuing operations to be in the range of $520-$530 million and non-GAAP diluted EPS from continuing operations to be in the range of $0.80-$0.84. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $529 million and EPS of $0.83 for fiscal 2013. Full Article
Premiere Global Services Inc Announces New Strategic Alliance
Premiere Global Services Inc announced a new strategic alliance with TeliaSonera to bring PGi's virtual meeting and cloud-based collaboration solutions to TeliaSonera's business and consumer customers in these regions. Under the terms of this multi-year alliance, TeliaSonera will offer PGi's video, web and audio collaboration solutions to its customers, including: iMeet, PGi's social video conferencing solution that enables up to 15 people to meet face-to-face online anywhere, anytime, from their desktop, tablet or mobile device; and GlobalMeet Audio, PGi's enterprise-class audio conferencing solution. Full Article
Premiere Global Services Inc Issues FY 2013 Guidance In Line With Analysts' Estimates
Premiere Global Services Inc announced that for fiscal 2013, it expects net revenues from continuing operations to be in the range of $525-$535 million and non-GAAP diluted EPS from continuing operations to be in the range of $0.81-$0.85. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $530 million and EPS of $0.83 for fiscal 2013. Full Article
Premiere Global Services Inc Announces New Stock Repurchase Program For Up To 5 Million Shares
Premiere Global Services Inc announced that its Board of Directors approved the repurchase of up to 5.0 million shares of the Company's common stock, or nearly 11% of total shares currently outstanding, under a new stock repurchase program. PGi repurchased nearly 1.2 million shares of common stock during the fourth quarter under its previous Board-authorized repurchase program for up to 5.0 million shares. Under this previously authorized program, PGi has repurchased an aggregate total of approximately 4.4 million shares, and approximately 600,000 shares remain available for repurchase. Full Article
Premiere Global Services Inc Sees FY 2012 Guidance At Low End of Prior Range
Premiere Global Services Inc announced that fiscal 2012 results will be within, but toward the low end the 2012 financial outlook ranges it previously provided and expects net revenues from continuing operations to be in the range of $504-$507 million and non-GAAP diluted EPS from continuing operations is projected to be in the range of $0.73-$0.74. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $505 million and EPS of $0.73 for fiscal 2012. Full Article
Premiere Global Services Inc Narrows FY 2012 Revenue Guidance; Broadens FY 2012 EPS Guidance
Premiere Global Services Inc announced that for fiscal 2012, it expects net revenues from continuing operations will be in the range of $504-$507 million and non-GAAP diluted EPS from continuing operations will be in the range of $0.73-$0.74. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $504 million and EPS of $0.73 for fiscal 2012. Full Article
Premiere Global Services Inc Reaffirms FY 2012 Guidance
Premiere Global Services Inc announced that for fiscal 2012. Based on current trends and foreign currency exchange rates, the Company now anticipates net revenues from continuing operations to be in the range of $500-$510 million and non-GAAP diluted EPS from continuing operations to be in the range of $0.72-$0.75. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $504 million and EPS of $0.73 for fiscal 2012. Full Article
eircom And Premiere Global Services Inc Announce Strategic Alliance Offering PGi’s Video, Web And Audio Conferencing Solutions, Including iMeet and GlobalMeet, to eircom Business Customers
eircom And Premiere Global Services Inc announced a new, multi-year strategic alliance. With this new alliance, eircom will offer PGi’s full suite of video, web and audio conferencing solutions, including iMeet and GlobalMeet, to its business customers in Ireland. iMeet delivers secure, cloud-based video conferencing that enables up to 15 people to meet face-to-face online – anytime, anywhere, from their desktop, tablet or mobile device. GlobalMeet has an easy-to-navigate user interface, requires no software downloads for meeting guests and offers a 'connect me' feature that automatically calls attendees, making dial-in numbers and passcodes obsolete. Full Article
Premiere Global Services Inc Raises FY 2012 Guidance
Premiere Global Services Inc announced that it has increased its outlook for fiscal 2012. Based on current trends and foreign currency exchange rates, the Company now anticipates net revenues from continuing operations to be in the range of $500-$510 million and non-GAAP diluted EPS from continuing operations to be in the range of $0.72-$0.75. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $495 million and EPS of $0.73 for fiscal 2012. Full Article
Premiere Global Services Inc Partners With Deutsche Telekom
Premiere Global Services Inc. announced a new, multi-year strategic alliance with Deutsche Telekom naming the Bonn, Germany-based integrated telecommunications company as the exclusive reseller of PGi’s iMeet video conferencing solution in Germany. As part of this multi-million dollar agreement, Deutsche Telekom will host iMeet in its data centers in Germany, and it will soon make iMeet available to subscribers in the Business Marketplace in the Deutsche Telekom Cloud Center. Deutsche Telekom plans to initially offer iMeet to Germany’s small business community beginning this summer and will expand to the German enterprise and consumer markets later this year. Full Article
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