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InterCloud Systems, Inc. (ICLD)

- NASDAQ
  • Fri, Mar. 20, 1:08 PM
    • After opening sharply higher in response to its Q4 results, InterCloud (NASDAQ:ICLD) has reversed course. Shares are now less than $0.30 above a 52-week low of $2.03.
    • Likely contributing to the selloff: Gross margin fell to 21% in Q4 from Q3's 26%. InterCloud blames its relatively modest 200 bps Y/Y GM drop on a mix shift towards hardware sales.
    • While revenue more than doubled Y/Y, operating expenses fell to $11.1M from $11.2M. InterCloud ended Q4 with $5.5M in cash, up from $2.6M at the end of Q3. "Other liabilities," which includes long-term debt, totaled $49.9M.
    • Q4 results, PR
    | Comment!
  • Fri, Mar. 20, 8:50 AM
    • InterCloud Systems (NASDAQ:ICLD): Q4 net income of -$10.5M
    • Revenue of $23.8M (+101.0% Y/Y) misses by $0.2M.
    • Press Release
    | Comment!
  • Nov. 13, 2014, 8:02 AM
    • InterCloud Systems (NASDAQ:ICLD): Q3 EPS of -$0.81 may not be comparable to consensus of -$0.23.
    • Revenue of $20.5M (+36.7% Y/Y) misses by $1M.
    • Press Release
    | 2 Comments
  • May. 16, 2014, 8:08 AM
    • InterCloud Systems (ICLD): Q1 EPS of -$1.52.
    • Revenue of $14.1M (+25.9% Y/Y).
    • Press Release
    | 1 Comment
  • Apr. 8, 2014, 1:45 PM
    • Excluding $20.2M worth of non-cash items, InterCloud (ICLD -18.7%) had a Q4 net loss of $3.2M, or $0.44/share. Adjusted EBITDA was $2.1M, up from $1.7M in Q3 and -$1.6M a year ago.
    • Q4 gross margin was 23.7%, down from 25% a year ago. Due to the non-cash items, opex rose over 150% to $20.5M.
    • Thanks to its stock offering, InterCloud ended Q4 with $17.9M in cash, up from $3.4M at the end of Q3.
    • Q4 results, PR
    | Comment!
  • Apr. 8, 2014, 9:38 AM
    • InterCloud Systems (ICLD): Q4 EPS of -$3.24.
    • Revenue of $11.8M (+5.4% Y/Y).
    • Press Release
    | Comment!
  • Nov. 18, 2013, 12:26 PM
    • InterCloud (ICLD +68.9%) shares continue to run after a 271% jump on Friday.
    • The trigger for the initial surge was the announcement of Q3 results, with revenue up 448% Y/Y to $16.2M and EPS of $0.26.
    • The company left a lot of money on the table with its follow-on offering 2 weeks ago, which sold 1.44M shares at $4/share: ~$18M at the current trading price.
    | Comment!
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Company Description
InterCloud Systems Inc is a provider of cloud and managed service based platforms, professional services, applications and infrastructure to corporate enterprises and telecommunications industry.
Sector: Services
Country: United States