PROJ: Deltek, Inc. Instablogs

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Monday, August 27, 2012, 8:08 AM Enterprise software provider Deltek (PROJ) will be acquired by PE firm Thoma Bravo for ~$1.1B in cash. The $13/share takeout is a 7% discount to PROJ's stock price on Aug. 24, and a 24% premium over the price on June 11, the day before PROJ broadly disseminated information on its sales process to interested parties. Comment! [Tech, M&A]
Tuesday, July 31, 2012, 5:44 PM Deltek (PROJ): Q2 EPS of $0.14 beats by $0.01. Revenue of $86.02M (-2.2% Y/Y) misses by $1.7M. Comment! [Earnings, Tech]
Thursday, April 26, 2012, 5:33 PM Deltek (PROJ): Q1 EPS of $0.09 beats by $0.01. Revenue of $82.7M (+3.4% Y/Y) misses by $2M. Shares -1% AH. (PR) Comment! [Earnings, Tech, On the Move]
Monday, February 27, 2012, 1:33 PM Shares of Deltek (PROJ +8.3%) shoot higher on volume 3X normal trading volume after one of its execs pens an article in the Washington Post highlighting the government's reliance on Multiple Award Task Order-based Contracts (MATOCs). Comment! [Tech, On the Move]
Friday, February 10, 2012, 12:01 PM Deltek (PROJ +2.1%) gains despite posting a mixed Q4, beating on a per share basis but coming up just shy of revenue estimates. Q4 product revenue was strong however, at $29M, up 12% from Q4 2010. Wells Fargo ups its rating on the shares to Outperform on the back of the results and raises its target range to $12-$14. Comment! [On the Move, Tech]
Thursday, February 9, 2012, 5:01 PM Deltek (PROJ): Q4 EPS of $0.15 beats by $0.01. Revenue of $87.4M (+1.5% Y/Y) misses by $1.5M. (PR) Comment! [Earnings, Tech]

PROJ Deltek, Inc.

PROJ

Deltek, Inc.