Last $44.09 USD
Change Today -0.08 / -0.18%
Volume 624.7K
ADVS On Other Exchanges
Symbol
Exchange
Munich
NASDAQ GS
As of 8:10 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

advent software inc (ADVS) Snapshot

Open
$44.12
Previous Close
$44.17
Day High
$44.19
Day Low
$44.08
52 Week High
02/18/15 - $44.36
52 Week Low
04/28/14 - $25.42
Market Cap
2.3B
Average Volume 10 Days
525.8K
EPS TTM
$0.99
Shares Outstanding
52.4M
EX-Date
12/29/14
P/E TM
44.7x
Dividend
$0.52
Dividend Yield
0.88%
Current Stock Chart for ADVENT SOFTWARE INC (ADVS)

advent software inc (ADVS) Related Businessweek News

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advent software inc (ADVS) Details

Advent Software, Inc. provides software products and services worldwide. The company offers its products and services for automating and integrating data and work flows across the investment management organization, as well as between the investment management organization and external parties. It develops, markets, and sells software products, software-as-a-service hosting services, data interfaces, and related maintenance and services that automate, integrate, and support various mission-critical functions of investment management organizations. The company also offers professional services, such as consulting, project management, implementation and integration, custom report writing, training, and data conversion services. It serves asset managers, wealth managers, registered investment advisors, prime brokers, fund administrators, hedge funds, family offices, broker dealers, foundations, pension funds, endowments, and funds of funds. Advent Software, Inc. was founded in 1983 and is headquartered in San Francisco, California.

1,209 Employees
Last Reported Date: 02/24/15
Founded in 1983

advent software inc (ADVS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $493.8K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $342.5K
Executive Vice President of Global Client Exp...
Total Annual Compensation: $308.1K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $297.5K
Executive Vice President of Global Sales and ...
Total Annual Compensation: $365.7K
Compensation as of Fiscal Year 2013.

advent software inc (ADVS) Key Developments

Advent Software, Inc. Releases Next Generation of Black Diamond Wealth Management Platform

Advent Software, Inc. has announced the release of its next generation of Black Diamond wealth management platform. This ushers in the next generation of Black Diamond, continuing its evolution from a pioneering cloud-based portfolio management and reporting technology solution to a full-featured wealth management platform. The release of the new Black Diamond investor experience follows an extremely successful three-month pre-release period in which more than 20 firms extensively tested the experience with their business and clients. Existing clients will participate in a staged rollout to transition to the new platform and personalize their investors' experience. Designed to help advisors tailor their communications with each client based on specific needs and expectations, the new Black Diamond investor experience goes beyond performance reporting to help foster more dynamic and meaningful relationships.

Advent Software, Inc. Approves Amendment to the Amended and Restated Bylaws

On February 2, 2015, the Board of Directors of Advent Software, Inc. approved an amendment to the Amended and Restated Bylaws of the company, which became effective immediately. The Bylaw Amendment added a new Article XI that designates the state and federal courts located within the state of Delaware as the sole and exclusive forum for certain legal action, unless the company consents in writing to the selection of an alternative forum.

Advent Software, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Advent Software, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total net revenues of $100,664,000 compared to $97,579,000 a year ago. Income from continuing operations was $22,432,000 compared to $18,397,000 a year ago. Income from continuing operations before income taxes was $21,067,000 compared to $15,794,000 a year ago. Net income was $14,703,000 or $0.27 per diluted share compared to $10,999,000 or $0.20 per diluted share a year ago. Non-GAAP operating income was $31,241,000 compared to $28,878,000 a year ago. Non-GAAP net income was $19,419,000 or $0.36 per diluted share compared to $17,078,000 or $0.32 per diluted share a year ago. Adjusted EBITDA was $34,430,000 compared to $31,375,000 a year ago. Operating cash flow in the fourth quarter of 2014 was $43.6 million, compared with $36.7 million in the fourth quarter of 2013, a 19% increase. For the year, the company reported total net revenues of $396,820,000 compared to $382,959,000 a year ago. Income from continuing operations was $83,742,000 compared to $46,132,000 a year ago. Income from continuing operations before income taxes was $76,781,000 compared to $38,919,000 a year ago. Net income was $50,212,000 or $0.94 per diluted share compared to $28,802,000 or $0.54 per diluted share a year ago. Net cash provided by operating activities from continuing operations was $115,158,000 compared to $98,564,000 a year ago. Purchases of property and equipment were $8,973,000 compared to $5,616,000 a year ago. Non-GAAP operating income was $125,775,000 compared to $115,302,000 a year ago. Non-GAAP net income was $77,228,000 or $1.44 per diluted share compared to $70,681,000 or $1.32 per diluted share a year ago. Adjusted EBITDA was $134,604,000 compared to $118,509,000 a year ago. Total outstanding debt as of December 31, 2014 was $220 million compared to $305 million as of December 31, 2013.

 

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Industry Analysis

ADVS

Industry Average

Valuation ADVS Industry Range
Price/Earnings 47.1x
Price/Sales 5.8x
Price/Book NM Not Meaningful
Price/Cash Flow 38.3x
TEV/Sales 5.2x
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