ABST - Earnings announcements

MOUNT KISCO, N.Y., May 18, 2023 /PRNewswire/ -- Edenbrook Capital, LLC (together with its affiliates, "Edenbrook"), one of the largest public shareholders of Absolute Software Corporation (NASDAQ:ABST, TSX:ABST) ("Absolute" or "the Company"), with ownership of approximately 10.38% of the company, today announced that it has delivered the following letter to the Absolute Board of Directors.                                                                                                                                  May 18, 2023 Dan RyanChairman of the BoardAbsolute Software CorporationSuite 1400Four Bentall Centre, 1055 Dunsmuir StreetVancouver, British Columbia, CanadaV7X 1K8 Dear Dan: Our

Steady Growth and Improved Profitability Drive Cash Flow of $14 Million USD Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST) (the "Company"), the only provider of self-healing, intelligent security solutions, today announced its financial results for its third quarter fiscal 2023 ended March 31, 2023. All dollar figures are stated in U.S. dollars, unless otherwise indicated. THIRD QUARTER FISCAL 2023 ("Q3 F2023") OVERVIEW Key Financial Metrics Revenue was $58.8 million for Q3 F2023, an increase of 13% compared to Q3 of fiscal year 2022 ("Q3 F2022"). Adjusted Revenue(1) was $59.2 million for Q3 F2023, an increase of 9% compared to Q3 F2022. Net loss was $4.0 million for

Absolute shareholders to receive US$11.50 per share in cash The transaction is valued at US$657 million exclusive of Absolute's debt The purchase price represents a premium of approximately 34% over Absolute's closing share price of US$8.58 on May 10, 2023 Absolute Software™ ("Absolute" or the "Company") (NASDAQ:ABST) (TSX:ABST), the only provider of self-healing, intelligent security solutions, today announced it has entered into an Arrangement Agreement with funds affiliated with Crosspoint Capital Partners, L.P. ("Crosspoint"), (the "Arrangement Agreement") whereby Crosspoint has agreed to acquire all of the issued and outstanding common shares (the "Common Shares") of the Compa

Absolute Software™ (NASDAQ:ABST) (TSX:ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on May 24, 2023 to shareholders of record at the close of business on May 11, 2023. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Q3 Fiscal 2023 Financial Results and Conference Call Absolute also announced the company will release its financial results for its third quarter fiscal 2023 ended March 31, 2023 on Monday, May 15, 2023 after the financial markets close.

ARR Growth of 15% year over year Driven by Strong Enterprise and Government ARR Growth of 18% year over year Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST) (the "Company"), the only provider of self-healing, intelligent security solutions, today announced its financial results for its second quarter fiscal 2023 ended December 31, 2022. All dollar figures are stated in U.S. dollars, unless otherwise indicated. "We posted a solid performance this quarter against a challenging macro backdrop," said Christy Wyatt, President and CEO of Absolute Software. "We continue to drive market penetration of our self-healing, intelligent security solutions as we build awareness of the critical ro

Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST), the only provider of self-healing, intelligent security solutions, today announced that the company will release its financial results for its second quarter fiscal 2023 ended December 31, 2022 on Tuesday, February 14, 2023 after the financial markets close. The quarterly financial statements and management's discussion and analysis will be made available at www.absolute.com, and will be filed under Absolute's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. The call will

Strong Cash Flow from Operations of $15 Million, and Enterprise and Government ARR Growth of 18% year over year Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST) (the "Company"), the only provider of self-healing, intelligent security solutions, today announced its financial results for its first quarter fiscal 2023 ended September 30, 2022. All dollar figures are stated in U.S. dollars, unless otherwise indicated. "In Q1, we delivered steady execution against our plan, and I am confident that we are well-positioned to meet the Rule of 40 for the full fiscal year," said Christy Wyatt, President and CEO of Absolute Software. "With the investments we've made this quarter, we are seeing

Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST), the only provider of self-healing, intelligent security solutions, today announced that the company will release its financial results for its first quarter fiscal 2023 ended September 30, 2022 on Tuesday, November 8, 2022 after the financial markets close. The quarterly financial statements and management's discussion and analysis will be made available at www.absolute.com, and will be filed under Absolute's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. The call will b

Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST), a leader in self-healing endpoint and secure access solutions, today announced that the company will release its financial results for its fourth quarter and full-year fiscal 2022 ended June 30, 2022 on Tuesday, August 23, 2022 after the financial markets close. The quarterly financial statements and management's discussion and analysis will be made available at www.absolute.com, and will be filed under Absolute's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. The call w

Absolute Software™ (NASDAQ:ABST) (TSX:ABST), a leader in self-healing endpoint and secure access solutions, today announced that the company will release financial results for its third quarter fiscal 2022 ended March 31, 2022 on Tuesday, May 10, 2022 after the financial markets close. The quarterly financial statements and management's discussion and analysis will be made available at www.absolute.com, and will be filed under Absolute's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. The call will be accessible by dialing 1-8

Absolute Software™ (NASDAQ:ABST) (TSX:ABST), a leader in self-healing Zero Trust solutions, today announced that the company will release financial results for its second quarter fiscal 2022 ended December 31, 2021 on Tuesday, February 8, 2022 after the financial markets close. The quarterly financial statements and management's discussion and analysis will be made available at www.absolute.com, and will be filed under Absolute's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. The call will be accessible by dialing 1-844-763-8

Company posts strong ARR growth in Enterprise and Government, raises Revenue and Adjusted EBITDA guidance Absolute Software Corporation (NASDAQ:ABST) (TSX:ABST), a leader in self-healing Zero Trust solutions, today announced its financial results for its first quarter fiscal 2022 ended September 30, 2021. All dollar figures are stated in U.S. dollars, unless otherwise indicated. "Since the acquisition of NetMotion, we have been able to make significant progress on our product integration milestones, while also delivering continued innovation to our customers and recording some of our strongest growth numbers in several quarters," said Christy Wyatt, Absolute Software's President and CEO.

Absolute Software™ (NASDAQ:ABST) (TSX:ABST), a leader in next generation Endpoint Resilience™ solutions, today announced that the company will release financial results for its first quarter fiscal 2022 ended September 30, 2021 on Tuesday, November 9, 2021 after the financial markets close. The quarterly financial statements and management's discussion and analysis will be made available at www.absolute.com, and will be filed under Absolute's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. The call will be accessible by dialin

Third Consecutive Quarter Delivering Record ARR, Revenue and Adjusted EBITDA, Re-affirms Endpoint Resilience as Critical Capability for New Work Paradigm Absolute Software Corporation ("Absolute" or the "Company") (NASDAQ:ABST) (TSX:ABST), a leader in Endpoint Resilience™ solutions, today announced its financial results for its third quarter fiscal 2021 ended March 31, 2021. All dollar figures are stated in U.S. dollars, unless otherwise indicated. The Company also separately announced today that it has signed a definitive agreement to acquire NetMotion Software, Inc., a leading provider of network connectivity and security solutions. Read the press release here. "Our solid results this