Web.com Group, IncNASDAQ
Thu, Nov. 3, 4:30 PM
Wed, Nov. 2, 5:35 PM
- AAOI, ABTL, ACET, AGO, AHT, AIRM, AL, AMBC, AMBR, AMED, AMH, ANET, ATSG, ATVI, BBG, BLDR, BNFT, BOJA, BRS, CARA, CARB, CBS, CDR, CECO, CERS, CINR, CLNE, CLVS, COGT, CPSI, CRC, CSC, CSOD, CTRL, CWST, DCO, DCT, ECOM, ECR, ED, EFC, EGN, EGOV, ELY, EOG, EPR, EVC, EXEL, FCE.A, FEYE, FFG, FLDM, FLR, FNGN, FOSL, FPRX, GCAP, GERN, GLUU, GNMK, GNW, GPRO, GSAT, GSBD, GST, GUID, GXP, HCI, HDP, HIL, HTGC, IMMR, IMPV, INAP, INGN, INVN, IVR, JJSF, KAR, KHC, KMPR, KW, LADR, LCI, LGF, LGND, LNT, LOCO, LVS, LXU, MAIN, MDRX, MED, MEDP, MELI, MHK, MITT, MMI, MNST, MRC, MSI, MTD, MTX, MTZ, NAVG, NDLS, NE, NFG, NKTR, NNI, NPTN, NUS, OEC, OLED, OREX, OTEX, OVAS, PBA, PCTY, PDLI, PEN, PETX, PFMT, PODD, QLYS, QRVO, RATE, RMAX, RP, RPXC, RTRX, RVNC, SBUX, SEM, SJI, SLCA, SPPI, SPXC, SSNI, STAA, STAG, STMP, SWIR, SWKS, SYMC, TAHO, THG, TRMR, TRQ, TRUE, TS, TSRO, TWLO, TWOU, TXMD, UBNT, UEIC, UEPS, VRNS, VTL, WEB, WGL, WIFI, WTW, XLRN
Thu, Aug. 4, 4:16 PM
Wed, Aug. 3, 5:35 PM
- AAOI, ABTL, ACAD, ACHN, ACXM, AHS, AHT, AIRM, AL, ALNY, AMBR, AMH, AMRS, ANET, ASYS, ATRC, ATVI, BBG, BLDR, BMRN, BRS, CARA, CBPO, CERS, CINR, CPSI, CPST, CSOD, CTRL, CYTX, DCO, DCT, DMD, EBS, ECOM, ECPG, ECYT, ED, EFC, EGOV, EOG, ESL, EVDY, EVH, FCE.A, FEYE, FFG, FLDM, FLR, FLT, FPRX, FRPT, FRT, FTD, GCAP, GDOT, GEOS, GSAT, GSBD, GST, GTY, GXP, HDP, HE, HTGC, ICON, IILG, IMMR, IMPV, INAP, INGN, IRWD, IVR, JMBA, JUNO, KHC, KMPR, KND, KTOS, KW, LADR, LBTYA, LGF, LNKD, LOCO, LOPE, MACK, MDRX, MELI, MHK, MHLD, MITT, MMI, MNST, MNTX, MRIN, MSI, MTX, MTZ, NAVG, NDLS, NFG, NNI, NOG, NUS, OEC, OLED, OREX, OUT, OVAS, PACB, PCLN, PDLI, PETX, PFMT, PGRE, PKI, POST, PRSS, PSIX, PTCT, RATE, REGI, RMAX, RPTP, RRMS, RTRX, RVNC, SEM, SEMG, SHOR, SMCI, SPXC, SSNI, SWIR, SYMC, SYRG, TASR, TCRD, TEAM, TRMR, TRUE, TSRO, TTWO, TWOU, TXMD, UBNT, UEIC, VVUS, WAIR, WEB, WIFI, WING, WTI, WTS, WTW, ZG, ZNGA
Tue, Jun. 14, 3:40 PM
- As part of a restructuring following the company's $342M acquisition of local ad services provider Yodle, Web.com (WEB -0.4%) COO Jason Teichman is leaving on July 5 to "pursue other opportunities."
- The company has also made five executive appointments. Yodle president Steve Power is now Web.com's EVP of brand networks; former CTO/online marketing chief Vikas Rijsinghani is now EVP of premium services; international SVP Faisal Chughtai is now EVP of retail, domains, and international; consumer/product marketing SVP Dafna Sarnoff is now SVP of corporate marketing; and program/performance management SVP Angela Dunham is now SVP of program management and & sales and service operations.
Thu, May 5, 4:36 PM
- Web.com (NASDAQ:WEB): Q1 EPS of $0.63 beats by $0.02.
- Revenue of $153.4M (+11.4% Y/Y) beats by $1.16M.
Wed, May 4, 5:35 PM
- ABCO, ABTL, ACAD, ACET, AHS, AHT, AIRM, AL, ALEX, AMBR, AMH, ANET, APLE, ASYS, ATHX, ATVI, ATW, BBG, BCEI, BIO, BIOS, BLDR, BOJA, CAA, CARA, CERN, CINR, CLNE, CLVS, CMLS, CPA, CTRL, CYBR, CZR, DATA, DCT, DEPO, DIOD, DK, DKL, DV, DWA, EBS, ECOM, ED, EFC, EGAN, EGL, EGN, EGY, ELON, ENDP, ENV, EOG, ERII, ESL, EVC, EVDY, EVHC, FCE.A, FEYE, FISV, FLR, FPRX, FTD, GBDC, GEOS, GERN, GPRO, GSAT, GST, GUID, GXP, HLF, HTGC, ICPT, IMMR, IMPV, INAP, JCOM, LADR, LOCO, MAIN, MCHX, MDR, MDRX, MDVN, MELI, MHK, MITT, MNTX, MRIN, MSI, MTD, MTZ, NBIX, NGVC, NSTG, NWSA, OLED, OMED, OUT, OVAS, PACD, PCTY, PEGA, PETX, PKI, PMT, POST, PRSS, PTCT, PTLA, QLGC, RPTP, RRMS, RWT, SAAS, SEM, SEMG, SNCR, SPPI, SPWR, SPXC, SQ, SSNC, SWIR, TCRD, TEAM, TRMR, TRUE, TRQ, TRUP, TSRO, TWOU, UBNT, UEPS, UNXL, WAGE, WAIR, WEB, WIFI, WING, XNPT, Y, YELP
Wed, Mar. 9, 6:01 PM
- Web.com's (NASDAQ:WEB) $342M purchase of local online ad/marketing service firm Yodle is now official. The company borrowed $310M to help pay for the deal, courtesy of an amended 5-year credit facility featuring a $390M term loan and a $150M revolver.
- With Yodle on the books, Web.com now expects Q1 revenue of $150.5M-$153.5M and EPS of $0.59-$0.63 vs. prior guidance of $138M-$140M and $0.61-$0.63. Full-year sales/EPS guidance has respectively been changed to $748M-$763M and $2.46-$2.66 from $570M-$580M and $2.62-$2.76. 2016 free cash flow guidance has been cut by $16M to $114M.
- Guidance for standalone Web.com is unchanged. In spite of the 2016 dilution, the company expects the Yodle deal to be "slightly accretive" over the first 12 months.
Fri, Feb. 12, 7:08 PM
- Web.com (WEB +10.6%) had a very good day after beating Q4 estimates and announcing it's acquiring local online ad services firm Yodle for $342M. SunTrust reacted to the news by upgrading to Buy.
- SMB online services rival Wix.com (WIX +9%) also rose sharply. Wix is now up 20% since beating Q4 estimates and issuing strong 2016 guidance on Wednesday morning.
- On its earnings call (transcript), Web.com guided for 2016 revenue of $570M-$580M and EPS of $2.62-$2.76, in-line with a consensus of $577M and $2.70. Q1 guidance is for revenue of $138M-$140M and EPS of $0.61-$0.63, below a consensus of $142M and $0.66. Full-year free cash flow guidance is at $130M.
- The guidance doesn't take the Yodle deal into account. Web.com plans to revise its guidance after the deal's closing (expected by the end of Q1).
- CEO David L. Brown talked up the cross-selling opportunities provided by Yodle. "Web.com has 3.4 million customers who are potential candidates for Yodle's high-end solutions. The reverse is also true as Web.com has solutions which can be offered to Yodle's customer base." He also observed Yodle brings with it ~$50M worth of net operating loss carry-forwards (NOLs) - as it is, Web.com expects its existing NOLs to allow its cash taxes to "remain in the low single-digit range through 2017 with a gradual increase after that."
Thu, Feb. 11, 5:28 PM
- Along with its Q4 results, Web.com (NASDAQ:WEB) has announced it's acquiring Yodle, a provider of local online ad/marketing services for 50K+ small businesses, for $300M in cash up-front + payments of $20M and $22M at the first and second anniversaries of the deal's closing date. For reference, Web.com closed today with an $826M market cap.
- The acquisition is expected to close by the end of Q1, and will be financed using a $200M term loan and $100M in credit facility borrowings. Both the loan and the borrowings will carry an interest rate of LIBOR + 300 bps, with step downs based on leverage ratios. Web.com plans to use free cash flow to pay down the debt over time.
- Web.com states the combined company would've had 2015 revenue of $767M - with Web.com having reported 2015 revenue of $543.5M, that implies Yodle had 2015 revenue of more than $223M, and that Web.com is paying 1.5x trailing sales.
- Web.com: "Value added digital marketing solutions are a large and fast growing portion of the market where Web.com has developed a differentiated set of offerings. This market segment has been a strategic focus for us for several years, and the purchase of Yodle will solidify our position as a leading national provider in this space." Over $30M/year in synergies are expected.
- Shares appear to be halted - the last recorded trade was at 4:03PM, before Q4 results and the Yodle deal were announced.
- Web.com's Q4 results, earnings release
Thu, Feb. 11, 4:19 PM
- Web.com (NASDAQ:WEB): Q4 EPS of $0.66 beats by $0.03.
- Revenue of $141.3M (+0.7% Y/Y) beats by $1.83M.
Nov. 9, 2015, 10:29 AM
- Web.com (WWWW -1.6%) will begin trading under the symbol WEB tomorrow. CEO David Brown: "This memorable ticker symbol clearly aligns with Web.com's role as a leading provider of online marketing solutions for small businesses."
- Shares are up 8% since Web.com delivered a Q3 beat and provided solid guidance on Oct. 29.
Oct. 29, 2015, 4:21 PM
- Web.com (NASDAQ:WWWW): Q3 EPS of $0.62 beats by $0.02.
- Revenue of $140.4M (-2.4% Y/Y) beats by $0.85M.
Oct. 28, 2015, 5:35 PM
- ARAY, ARI, ATEN, ATR, AUY, AXTI, AZPN, BCOR, BCOV, BGG, BIDU, BMRN, BVN, BXP, CALX, CATM, CENX, CLW, COLM, CPSI, CPT, CRAY, CTRL, CXP, DCT, DECK, DGI, DGII, DLR, EA, ECOL, EHTH, EMN, EPAY, ESS, EXPE, EXTR, EYES, FE, FLDM, FLR, FLS, FRGI, FSLR, FWM, GB, GNW, HWAY, IM, IMMR, IMPV, ISBC, IXYS, KAMN, KRG, LC, LEG, LNKD, LSCC, MEP, MOBL, MOD, MOH, MTSN, MXWL, NANO, NBIX, NR, NSR, NUS, OIS, OMCL, ON, OSIS, OUTR, PCCC, PDFS, PRMW, PSMT, QTM, RGA, RKUS, RSG, SAAS, SAM, SBUX, SCTY, SEM, SGEN, SHO, TMST, TNAV, TNDM, TRMB, TSRO, TSYS, TUES, VR, WRI, WU, WWWW, YRCW
Aug. 19, 2015, 9:45 AM| Aug. 19, 2015, 9:45 AM
Aug. 18, 2015, 5:00 PM
- Web.com (NASDAQ:WWWW) has joined the steadily growing ranks of cyberattack victims: The SMB Web services provider says it recently detected an "unauthorized breach," and that the credit card info of 93K of its 3.3M+ customers "may have been compromised."
- Credit card processors and state/federal authorities have been notified. Web.com is giving impacted customers a year of free credit monitoring protection, and working with a "leading IT security firm" to probe the breach.