Key Developments: Solera Holdings Inc (SLH.N)
53.33USD
19 Jun 2013
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$53.92
$53.99
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$53.29
45,752
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$36.84
Latest Key Developments (Source: Significant Developments)
Solera Holdings Inc Raises FY 2013 Guidance; Declares Quarterly Cash Dividend
Solera Holdings Inc announced that it raises fiscal 2013 guidance and expects revenues in the range of $832-$836 million, Adjusted Net Income in the range of $184-$187 million, Adjusted EBITDA in the range of $355-$359 million and Adjusted Net Income per diluted common share in the range of $2.66-$2.70. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $834 million, net income in the range of $184 million, EBITDA in the range of $355 million and EPS in the range of $2.66 for fiscal 2013. The Company's Board of Directors also approved the payment of a quarterly cash dividend of $0.125 per share of outstanding common stock and per outstanding restricted stock unit. Board of Directors also approved a quarterly stock dividend equivalent of $0.125 per outstanding restricted stock unit granted to certain of our executive officers since fiscal year 2011 in lieu of the cash dividend, which dividend equivalent will be paid to the restricted stock unit holders as the restricted stock unit vests. The dividends are payable on June 4, 2013. Full Article
Solera Holdings Inc Announces Acquisition Of Equity Interests In Eziworks Pty Ltd
Solera Holdings Inc announced that it has acquired 100% of the equity interests (the Acquisitionof Eziworks Pty Ltd, an Australian company which operates as Car Quote (Car Quote). Car Quote, a body shop management system, is a central part of the Australian claims workflow and helps form a critical communication link between insurers and body shops that allows them to exchange collision data. Financial terms of the transaction were not disclosed. Full Article
Solera Holdings Inc Declares Quarterly Cash Dividend
Solera Holdings Inc announced that the Board of Directors approved the payment of a quarterly cash dividend of $0.125 per share of outstanding common stock and per outstanding restricted stock unit. The dividends are payable on March 6, 2013 to stockholders and restricted stock unit holders of record at the close of business on February 21, 2013. Full Article
Solera Holdings Inc Raises FY 2013 Guidance
Solera Holdings Inc updated fiscal 2013 guidance and expects revenues in the range of $829-$835 million, Adjusted Net Income in the range of $181-$185 million, Adjusted EBITDA in the range of $353-$359 million and Adjusted Net Income per diluted common share in the range of $2.60-$2.66. Full Article
Solera Holdings Inc Acquires CarweB Limited
Solera Holdings Inc announced that it has acquired 100% of the outstanding shares of CarweB Limited. CarweB is a provider of vehicle history and vehicle-specific technical data products and services to the UK market. Financial terms of the transaction were not disclosed. Full Article
Solera Holdings Inc Raises FY 2013 Revenue, Net Income, EPS Guidance; Narrows FY 2013 EBITDA Guidance-Conference Call
Solera Holdings Inc updated fiscal 2013 guidance and expects revenues in the range of $810 million to $818 million; adjusted EBITDA in the range of $345 million to $343 million; GAAP net income in the range of $85 million to $93 million; adjusted net income in the range of $175 million to $180 million and adjusted net income per diluted share (EPS) in the range of $2.52 to $2.60. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $788 million, EBITDA in the range of $345 million, net income in the range of $179 million and EPS in the range of $2.52 for fiscal 2013. Full Article
Solera Holdings Inc Declares Quarterly Cash Dividend
Solera Holdings Inc announced that the Board of Directors approved the payment of a quarterly cash dividend of $0.125 per outstanding share of common stock and per outstanding restricted stock unit. The dividends are payable on December 4, 2012 to stockholders and restricted stock unit holders of record at the close of business on November 19, 2012. Full Article
Solera Holdings Inc's Subsidiary Completes Acquisition Of Assets From PS Holdings, L.L.C.
Solera Holdings Inc announced that one of its subsidiaries has completed the acquisition of substantially all of the assets of PS Holdings, L.L.C. (the Acquisition), whose services are sold under the APU brand name. Full Article
Solera Holdings Inc's Subsidiary To Acquire Title Technologies Inc
Solera Holdings Inc announced that one of its subsidiaries has signed a definitive agreement to acquire 100% of Title Technologies, Inc. The Acquisition is expected to close in the second quarter of Solera's fiscal year 2013. Full Article
Solera Holdings Inc Issues FY 2013 Guidance Below Analysts' Estimates
Solera Holdings, Inc. announced that for fiscal 2013, it expects revenues to be in the range of $780-$788 million, Net Income to be in the range of $83-$89 million, Adjusted EBITDA to be in the range of $337-$344 million and Adjusted Net Income to be in the range of $170-$177 million and Adjusted Net Income per diluted share of $2.45-$2.55. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $801 million, net income of $192 million, EBITDA of $353 million and EPS of $2.70 for fiscal 2013. Full Article
Earnings vs. 
Estimates
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