Internet Software and Services
Company Overview of Lyris, Inc.
Lyris, Inc., an Internet marketing technology company, provides digital marketing software solutions to mid-to-large sized enterprises worldwide. The company’s software-as-a-service or cloud-based online marketing solutions and services enable the customers to build, deliver, and manage permission-based, online direct marketing programs and other communications. It offers Lyris HQ, a cloud-based digital marketing solution, which combines enterprise-class email marketing with Web analytics, and helps marketers to manage complex email marketing campaigns, as well as provides real-time access to revenue and conversion events to inform message targeting, relevancy, and timeliness. The company al...
6401 Hollis Street
Emeryville, CA 94608
Founded in 1984
Key Executives for Lyris, Inc.
Senior Vice President of Product and Strategy
Managing Director of EMEA
Director of Investor Relations
Compensation as of Fiscal Year 2015.
Lyris, Inc. Key Developments
Lyris, Inc. Announces Management Changes
Jun 23 15
On June 22, 2015, Lyris, Inc. completed its previously announced merger with LY Acquisition Corp. pursuant to the terms of the Agreement and Plan of Merger dated as of May 4, 2015, by and between the company and Buyer. In connection with the Merger, each of Andrew Richard Blair, William T. Comfort, III, Nicolas De Santis Cuadra, Paul Hoffman, John Philpin and David Wang resigned from his respective position as a member of the Board, and any committee thereof, effective at the effective time of the Merger on June 22, 2015. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger on June 22, 2015, the members of the board of directors of Buyer immediately prior to the effective time of the Merger became the Board of the company as the surviving corporation in the Merger. In connection with the closing of the Merger, as of June 22, 2015, John Philpin, the company's Chief Executive Officer, Deborah Eudaley, the company's Chief Operating Officer and Chief Financial Officer, and Alex Lustberg, the company's Chief Marketing Officer, were removed from their respective positions as officers of the Company. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger on June 22, 2015, the officers of Buyer immediately prior to the effective time of the Merger became the officers of the company as the surviving corporation.
Lyris, Inc., Special/Extraordinary Shareholders Meeting, Jun 22, 2015
Jun 15 15
Lyris, Inc., Special/Extraordinary Shareholders Meeting, Jun 22, 2015. Agenda: To consider a proposal to adopt the agreement and plan of merger, dated as of May 4, 2015, by and between Lyris and LY Acquisition Corp.
Lyris, Inc. Reports Unaudited Consolidated Earnings Results for Third Quarter and Nine Months Ended March 31, 2015
May 15 15
Lyris, Inc. reported unaudited consolidated earnings results for third quarter and nine months ended March 31, 2015. For the quarter, the company’s total revenue was $6,799,000 against $7,589,000 a year ago. Loss from operations was $831,000 against $45,000 a year ago. Loss from operations before income tax was $817,000 against $55,000 a year ago. Net loss was $0.908 million, or $0.09 per diluted share, compared to net profit of $16,000, or $0.00 per share, in the same period last year. Non-GAAP net loss was $51,000 or $0.01 per diluted share against income of $564,000 or $0.05 per diluted share a year ago. Total LBITDA was $584,000 against EBITDA of $811,000 a year ago. Total adjusted EBITDA was $273,000 against $882,000 a year ago.
For the nine months, the company’s total revenue was $21,125,000 against $23,967,000 a year ago. Loss from operations was $4,575,000 against income of $49,000 a year ago. Profit from operations before income tax was $4,594,000 against loss of $24,000 a year ago. Net loss attributable to company was $5,237,000 or $0.55 per basic and diluted share against loss of $1,000 or $0.00 per basic and diluted share a year ago. Non-GAAP net income was $296,000 or $0.03 per diluted share against $1,670,000 or $0.17 per diluted share a year ago. Total LBITDA was $2,633,000 against EBITDA of $2,633,000 a year ago. Total adjusted EBITDA was $1,798,000 against $2,846,000 a year ago.
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May 4, 2015