Intralinks Holdings, Inc. Unveils Intralinks Dealmanager
Mar 24 15
Intralinks Holdings, Inc. unveiled Intralinks Dealmanager, an innovative solution for the corporate development community that revolutionizes the deal process. Intralinks Dealmanager will improve corporate development teams' capacity and ability to evaluate deals properly by giving them a centralized place to manage deal processes, assign tasks, and report on deal progress. For decades, corporate development professionals have had to rely on manual procedures and traditional, disparate tools such as spreadsheets, Microsoft Word documents, email, and multiple shared drives to manage portfolios of complex transactions. Not only has the process been cumbersome, it has also introduced a high degree of data security risk. Intralinks Dealmanager was expressly developed to answer the M&A market's call for a secure system of record that corporate development professionals can rely on every day to manage early stage opportunities, the due diligence process, and other pre-and post-merger activities. These challenges are underscored by the findings of a recent Intralinkssurvey of corporate dealmakers which provides first-hand insight into current dealmaking practices. Findings from the research include: Corporate development professionals are struggling to manage multiple deals; deal data is often insecure and vulnerable to loss; there's no structured process or tool in place to support day-to-day activities; deals are being lost due to weak security and poor management processes. Intralinks Dealmanager equips corporate development professionals with the capabilities essential for end-to-end deal management. Benefits include: Structured and improved control over the M&A process, particularly for buy-side transactions; enhanced transparency and insight into the deal pipeline; greater productivity and visibility with a single, central repository for all deal data; ability to quickly generate reports on deal progress and activity; secure collaboration and file sharing capabilities, supporting deal team members both inside and outside the organization; and reduced risk and improved compliance by maintaining a standing archive of high risk content such as electronic communications, data integrity, and collaboration activities; and cceleration of deal processes by providing easy and secure access to key documents.
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.