Web.com has filed its 8-K statement with the SEC; the company projects a sizable increase in cashflow for 2017. According to the statement, Web.com makes the following forward-looking statements and projections for the new year: GAAP revenue target range of $740-$755 million – Up from $707-$710 million in 2016 Non-GAAP revenue target range of $745-$760 […]
Tapping into the lucrative Augmented Reality market, SnapNames is expanding its drop-catching services to the gaming industry. The Web.com company announced the launch of SnapKemon ™, an AR app designed to integrate with the popular Pokémon GO. “Many employees at Web.com are now taking extended lunch breaks, and while we’re a progressive company, wanted to […]
The new gTLD .Web is scheduled to go to an ICANN auction, on July 27th. There are 8 companies in the auction and 3 of them are public. The public companies are Google (NASDAQ: GOOG), Web.com (NASDAQ: WWWW) and Cimpress NV (NASDAQ: CMPR) which is the parent company of Vistaprint Limited. Google has a market […]
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Sabal Capital Management LLC, a company that provides investment advisory services announced the acquisition of 102,384 additional shares in Web.com Group Inc. during the most recent quarter end. The company’s most recent filing with the SEC discloses that Sabal Capital Management LLC now holds a total of 368,237 shares of Web.com Group Inc. which is […]
Web.com (NASDAQ:WEB) announced today it’s acquiring Yodle, a provider of local online ad/marketing services for 50K+ small businesses, for $300M in cash up-front + payments of $20M and $22M at the first and second anniversaries of the deal’s closing date. Web.com closed today with an $826M market cap. At a $342 Million dollar purchase price […]
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