Intralinks Holdings, Inc. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015
Feb 25 15
Intralinks Holdings, Inc. announced unaudited consolidated financial results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenues of $67,418,000 against $62,617,000 a year ago. Loss from operations was $4,655,000 against $4,817,000 a year ago. Net loss before tax was $6,869,000 against $5,441,000 a year ago. Net loss was $11,093,000 or $0.20 per share basic and diluted against $3,849,000 or $0.07 per share basic and diluted a year ago. Non-GAAP adjusted operating income was $4,033,000 against $3,110,000 a year ago. Non-GAAP adjusted net income before tax was $1,819,000 against $2,486,000 a year ago. Non-GAAP adjusted net income was $1,128,000 against $1,541,000 a year ago. Non-GAAP adjusted EBITDA was $10,881,000 against $8,832,000 a year ago. Net cash provided by operating activities was $12,181,000 against $11,876,000 a year ago. Capital expenditures were $2,782,000 against $1,544,000 a year ago.
For the year, the company reported revenues of $255,821,000 against $234,496,000 a year ago. Loss from operations was $21,734,000 against $15,894,000 a year ago. Net loss before tax was $28,261,000 against $20,627,000 a year ago. Net loss was $26,496,000 or $0.47 per share basic and diluted against $15,278,000 or $0.28 per share basic and diluted a year ago. Net cash provided by operating activities was $25,773,000 against $42,009,000 a year ago. Capital expenditures were $9,823,000 against $6,976,000 a year ago. Purchases of investments were $27,062,000 against $47,604,000 a year ago. Non-GAAP adjusted operating income was $12,441,000 against $16,036,000 a year ago. Non-GAAP adjusted net income before tax was $5,914,000 against $11,303,000 a year ago. Non-GAAP adjusted net income was $3,667,000 against $7,008,000 a year ago. Non-GAAP adjusted EBITDA was $38,068,000 against $36,900,000 a year ago.
The company provided earnings guidance for the first quarter and full year of 2015. For the quarter, the company expects revenue of $62.5 million to $64.0 million. GAAP operating loss is expected to be $10.9 million to $9.4 million. Non-GAAP adjusted operating loss is expected to be $2.0 million to $0.5 million. Non-GAAP adjusted EBITDA is expected to be $4.5 million to $6.0 million. GAAP net loss per share is expected to be $0.18 to $0.16. Non-GAAP adjusted net loss per share is expected to be $0.03 to $0.02.
For the full year, the company expects revenue of $266 million to $272 million. GAAP operating loss is expected to be $28.1 million to $24.1 million. Non-GAAP adjusted operating income is expected to be $8.0 million to $12.0 million. Non-GAAP adjusted EBITDA is expected to be $36.0 million to $40.0 million. GAAP net loss per share is expected to be $0.49 to $0.43. Non-GAAP adjusted net income per share is expected to be $0.04 to $0.08.
IntraLinks Holdings, Inc. Updates on Shareholder Derivative Complaint
Feb 24 15
Intralinks Holdings, Inc. announced that a shareholder derivative complaint was filed in the Supreme Court of the State of New York in New York County on April 16, 2012 against the company and certain of its current and former directors and officers. The complaint alleged that the individual defendants breached their fiduciary duties by allegedly causing the Company to issue materially false and misleading statements about the company's business prospects, financial condition and performance during the period February 17, 2011 through November 10, 2011. On February 4, 2015, following oral argument, the Court announced from the bench that it would grant defendants' motions to dismiss. On February 19, 2015, the director defendants served plaintiff with a notice of entry of that dismissal, and plaintiff has until March 23, 2015 to file an appeal of the dismissal.
Intralinks Holdings, Inc. Announces Expansion of Enterprise Fabric Partner Ecosystem for Secure Content Collaboration
Feb 19 15
Intralinks Holdings, Inc. announced the expansion of the Intralinks Enterprise Fabric partner ecosystem through the addition of new partners including MobileIron, Okta, and Symantec. Intralinks Enterprise Fabric partners provide a set of capabilities that collectively comprise a best-of-breed integrated suite of technologies. When woven together, these technologies create an enterprise fabric that enables organizations to manage, secure, and extend protections for high-value content anywhere, anytime, and on any device. The Intralinks Enterprise Fabric partnerships leverage an organization's existing investments in security, data management, and mobility technologies, extending their reach to support beyond-the-firewall content collaboration and file sharing using the Intralinks Platform.
Intralinks Enterprise Fabric partnerships allow organizations to integrate their existing internal information management, security, and compliance systems so they can leverage these capabilities as data is shared outside the organization. These integrations make it easier and safer for partners, suppliers, distributed mobile workers and contractors to collaborate. Together, the Intralinks Platform and Intralinks Enterprise Fabric partners provide organizations the ability to manage the complete lifecycle of unstructured content, to secure content wherever it is accessed or stored, and extend access to information and processes to keep the organization productive. Users of the Intralinks Platform can leverage familiar and trusted solutions for content distribution and workflow, monitoring and auditing, security and event management, data loss prevention, and secure mobile management.