Endurance International Group Announces Definitive Agreement to Acquire Constant Contact
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Roth Capital Cuts Price Target on Constant Contact (CTCT) Following Announced Acquisition by Endurance International Group (EIGI)
November 3, 2015 7:09 AM ESTRoth Capital downgraded Constant Contact (NASDAQ: CTCT) to a Neutral rating (from Buy), and cut the price target to $32.00 (from $38.00), following the company's announcement that it will be acquired by Endurance International Group (NASDAQ: EIGI).... More
Cowen Downgrades Endurance International Group (EIGI) to Market Perform
November 2, 2015 1:44 PM ESTCowen downgraded Endurance International Group (NASDAQ: EIGI) from Outperform to Market Perform with a price target of $12.00 (from $18.00) on subpar Q3 and Constant Contact deal.
Analyst Gregg Moskowitz commented, "EIGI reported roughly in line revenue and EBITDA, but organic growth decelerated again, and 4Q... More
Constant Contact (CTCT) Peers on Watch Following Endurance Int'l (EIGI) Offer (MDCA) (MCHX) (INWK)
November 2, 2015 7:56 AM ESTConstant Contact, Inc. (Nasdaq: CTCT) peers are on watch following news that Endurance Int'l (Nasdaq:... More
Endurance Int'l (EIGI) Posts Q3 GAAP Loss of 12c/Share
November 2, 2015 7:11 AM ESTEndurance Int'l (NASDAQ: EIGI) reported Q3 EPS of ($0.12), which may not compare with the analyst estimate of $0.33. Revenue for the quarter came in at $188.5 million versus the consensus estimate of $191.02 million.
Adjusted EBITDA was $66.6 million, an increase of 15 percent compared to $58.0 million in the... More
