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Last $0.40 USD
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TIGR On Other Exchanges
As of 8:10 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

tigerlogic corp (TIGR) Snapshot

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52 Week High
06/9/14 - $1.58
52 Week Low
01/15/15 - $0.27
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tigerlogic corp (TIGR) Details

TigerLogic Corporation is engaged in the design, development, sale, and support of rapid application development (RAD) software, Internet search enhancement tools, and a social media content aggregation and visualization platform in North America, the United Kingdom, France, and Germany. The company offers Postano, a real-time social media content aggregation and visualization platform, which brings together social media conversations and content streams from around the Web; and RAD tools that support the life cycle of software application development and are used for prototyping, developing, and deploying graphical user interface client/server and Web applications. It also provides Storycode, which provides mobile solutions, such as the design and hosting of mobile applications and digital publishing solutions comprising interactive marketing collaterals, brochures, and retail applications; and Yolink, an Internet search enhancement tool that searches structured markup, such as HTML and binary code documents, as well as unstructured raw text documents by layering a common semantic model across them, and using this to organize and effect full-text searches across documents. In addition, the company offers software maintenance and support, and other professional services relating to its products, including set-up, consulting, and training services. TigerLogic Corporation sells its products through original equipment manufacturers, system integrators, specialized vertical application software developers, and consulting organizations; and direct sales personnel, as well as through its Web sites and co-marketing arrangements with third parties. The company was formerly known as Raining Data Corporation and changed its name to TigerLogic Corporation in April 2008. TigerLogic Corporation was founded in 1987 and is headquartered in Irvine, California.

72 Employees
Last Reported Date: 06/27/14
Founded in 1987

tigerlogic corp (TIGR) Top Compensated Officers

Total Annual Compensation: $275.1K
Compensation as of Fiscal Year 2014.

tigerlogic corp (TIGR) Key Developments

TigerLogic Corporation Announces Executive Changes

On March 12, 2015, the board of directors of TigerLogic Corporation appointed Roger Rowe as the company's Acting Chief Executive Officer following the departure of Bradley Timchuk effective the same date. Mr. Timchuk will be entitled to receive, subject to him executing a release of all claims, certain severance payments pursuant to his existing employment and severance agreement. Mr. Rowe will continue to also serve as the company's Chief Financial Officer, and Justin Garrity will continue to serve as the company's President. In connection with his appointment, Mr. Rowe's annual base salary was increased to $240,000 and was awarded a stock option grant to purchase up to 300,000 shares of the company's common stock, subject to the company's standard four-year vesting with a one year cliff.

TigerLogic Corporation Launches Postano Platform 2.7

TigerLogic Corporation announced Postano 2.7, a significant update to its Postano platform. The new version of the platform includes user-generated content permissions, Stay Alive technology and new Premium Visualizations for the Style Editor. Postano 2.7 brings a brand new feature to the platform, UGC Permissions, which allows brands to request permission from fans to promote their Instagram and Twitter content to display on branded social hubs, event displays, mobile apps, and social walls. This feature gives brands a way to communicate directly with their fans and receive additional confirmation that their content can be featured in marketing efforts. The 2.7 release also introduces Postano's Stay Alive technology, which uses advanced detection technology to ensure that Postano social hubs and event displays continue to display social content even when experiencing unpredictable challenges during live events or extremely popular campaigns. Stay Alive is a full stack technology that addresses issues at every layer of the Postano implementation from Wi-Fi drops in the venue to massive spike in web traffic on an extremely popular campaign website.

TigerLogic Corporation Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014; Reports Impairment Charges for the Third Quarter Ended December 31, 2014

TigerLogic Corporation announced earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported Revenues: total revenues were $1.9 million for the third fiscal quarter ended December 31, 2014, an increase of 33% year over year, and an increase of 5% from the second fiscal quarter. Net loss for the third fiscal quarter ended December 31, 2014 was $20.4 million, or $0.65 per share, compared to net income of $6.4 million, or $0.21 per share, for the third quarter of the prior year. Adjusted EBITDA was negative $1.9 million for the third fiscal quarter ended December 31, 2014 as compared to negative $2.4 for the second fiscal quarter and negative $2.1 million for the same period in the prior year, a 22% and 11% improvement, respectively. For the nine months, the company reported total revenues were $5.5 million, an increase of 27% compared to the same period in the prior year. Net loss for the nine months ended December 31, 2014 was $26.5 million, or $0.85 per share, compared to net income of $4.0 million, or $0.13 per share, for the same period in the prior year. For the nine months ended December 31, 2014 Adjusted EBITDA was negative $7.4 million compared to negative $6.0 million for the same period in the prior year. During the third quarter of the current fiscal year, the Company recorded a goodwill impairment charge of $18.2 million, while during the prior year it recorded income from discontinued operations of $7.2 million and $8.8 million for the quarter and the nine month periods, respectively.


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