Key Developments For Terremark Worldwide Inc
Terremark Worldwide Inc (TMRK.O) (Consolidated Issue listed on NASDAQ Global Market)
Terremark Worldwide, Inc. Acquires DS3 DataVaulting
Terremark Worldwide, Inc. announced that it has acquired DS3 DataVaulting, a data management solutions company, for a purchase price of $11.5 million in cash.
Terremark Worldwide, Inc. Issues Q3 2010 Guidance; EBITDA Guidance Below Analysts' Estimates; Reiterates FY 2010 Guidance
Terremark Worldwide, Inc. announced that for the third quarter of 2010, it expects revenues to range from $73.0 to $76.0 million and EBITDA, as adjusted, to range from $19.0 to $21.0 million. For fiscal 2010, the Company maintains guidance of revenues between $290 to $300 million and EBITDA, as adjusted, to range from $80 to $85 million. According to Reuters Estimates, analysts on an average were expecting the Company to report EBITDA of $22.3 million on revenue of $75.6 million for the third quarter of 2010; EBITDA of $81 million on revenue of $292 million for fiscal 2010.
Computer Generated Solutions, Inc. Leverages Power Of Terremark Worldwide, Inc.'s Hosting Services To Offer BlueCherry Solutions As Hosted SaaS Option
Computer Generated Solutions, Inc. (CGS) announced general availability of a new hosted software-as-a-service (SaaS) option for its soft goods industry-specific BlueCherry enterprise management and Leadtec shop floor control solutions. In support of the move, CGS has secured Terremark Worldwide, Inc., to provide hosting services for its SaaS computing platform. The relationship also enables CGS to bundle Terremark's advanced disaster recovery tools with traditional CGS on-premise client-server implementations.
Terremark Worldwide, Inc. Launches vCloud Express Service
Terremark Worldwide, Inc. announced the addition of the vCloud Express service to its suite of VMware Virtualized offerings. vCloud Express is a new class of service based on VMware`s powerful virtualization platform that allows software developers and other users to easily access computing resources in a pay-as-you-go model.
Terremark Worldwide, Inc. Issues Q2 2010 Guidance In Line With Analysts' Estimates; Reaffirms FY 2010 Guidance
Terremark Worldwide, Inc. announced that for the second quarter of 2010, it expects revenues to be in the range of $68.0-$70.0 million and EBITDA, as adjusted, to be in the range of $17.0-$19.0 million. For fiscal 2010, the Company maintains guidance of revenues between $290 million to $300 million and EBITDA, as adjusted, to range from $80 million to $85 million. According to Reuters Estimates, analysts are expecting the Company to report EBITDA of $18.2 on revenues of $69.0 million for the second quarter of 2010; EBITDA of $82 million on revenues of $291 million for fiscal 2010.
