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Last $3.77 USD
Change Today -0.07 / -1.82%
Volume 140.6K
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

ciber inc (CBR) Key Developments

NCTCOG selects Ciber to provide IT shared services for Infor ERP systems

The North Central Texas Council of Governments, or NCTCOG, has selected Ciber, Inc., to provide IT shared services for Infor ERP systems. As a strategic partner for NCTCOG, Ciber will bring a breadth of services including Infor user help desk support, technical support for networks, application administration and support, license management, and data center and hosting services.

North Central Texas Council of Governments Chooses Ciber to Deliver Infor Managed Services and Hosting

The North Central Texas Council of Governments (NCTCOG) has selected Ciber to provide IT shared services for Infor ERP systems. As a strategic partner for NCTCOG, Ciber will bring a breadth of services including Infor user help desk support, technical support for networks, application administration and support, license management, and data center and hosting services. Ciber will be responsible for administration of NCTCOG's Infor environment and applications. Ciber will oversee and manage in-scope applications continuously, manage patch installation and other maintenance, and proactively monitor the system to prevent performance issues. The consulting company will also take charge of system security. Ciber's Infrastructure as a Service partner, VAZATA, based in Plano, TX, will provide the infrastructure support for cloud-based hosting.

Ciber, Inc. Announces Board and Management Changes

Ciber, Inc. announced that Paul A. Jacobs, Non-Executive Chairman, has agreed not to seek re-election this year. Dr. Kurt J. Lauk and James C. Spira have voluntarily agreed to leave the Board on the date of the company's 2015 Annual Meeting. Following the 2015 Annual Meeting, Bobby G. Stevenson, Ciber co-founder and a member of the Board, will serve as Acting Chairman until a new Chairman has been identified.

Infor and Ciber Expand Partnership to Europe

Infor and Ciber announced an expansion of their partnership to include Europe in addition to North America. Building on strong momentum in the U.S. and Canada, the companies will now partner to offer implementation, integration and upgrade services to customers across Europe. By providing resources with insight specific to the region, Infor and Ciber will work together to help customers upgrade their applications to offer the full benefits of the more than $1 billion in R&D investment by Infor since 2011. In Europe, Ciber will work specifically with Infor M3 and the Infor Lawson suite, which includes applications for financial, human resource and supply chain management. With more than 300 joint customers in North America, Ciber has been an Infor Alliance partner since the program's inception and was recently named an Infor Alliance partner of the year. As part of the alliance, Ciber will collaborate with Infor Consulting Services on a joint initiative to upgrade customers to the latest Infor releases for the newest features and functionality. The combined knowledge and expertise of both teams allows companies the opportunity to maximize the potential benefits of deepening their Infor footprint.

Ciber, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Ciber, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of $219.6 million decreased 1% in U.S. dollars, or increased 3% in constant currency, compared with last year's fourth quarter. Operating income from continuing operations of $7.6 million, before amortization and restructuring charges of $3.6 million, yielded an operating margin of 3.5%, compared to 2.8% in the prior-year fourth quarter. Including amortization and restructuring charges, operating income from continuing operations was $4.0 million. Net income from continuing operations, before amortization and restructuring charges, was $5.6 million, or $0.07 per share. Including amortization and restructuring charges, net income from continuing operations was $3.1 million in the quarter. Last year's fourth quarter net income from continuing operations, before amortization and restructuring charges, was $3.0 million, or $0.04 on a per share basis. For the full year revenue was $863.6 million decreased 2% in both U.S. dollars and constant currency, compared to 2013. Operating income from continuing operations of $21.6 million, before amortization, restructuring charges of $26.2 million, and management transition costs, yielded an operating margin of 2.5%, compared to 2.3% in 2013. Including amortization, restructuring charges and management transition costs, operating loss from continuing operations was $9.8 million in 2014. Net income from continuing operations in 2014, before amortization, restructuring charges and management transition costs, was $9.1 million, or $0.12 per share. Including amortization, restructuring charges and management transition costs, net loss from continuing operations was $18.8 million for the year. 2013 net income from continuing operations before amortization, restructuring charges and management transition costs was $9.5 million, or $0.13 per share. Cash flow from operating activities (continuing operations) year-to-date through December 31, 2014 was $2.0 million, a decrease of $23.3 million versus the prior year. Capital expenditures totaled $8.2 million for the full year 2014.

 

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