Last $23.86 USD
Change Today +0.06 / 0.25%
Volume 122.4K
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As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

broadsoft inc (BSFT) Snapshot

Open
$23.80
Previous Close
$23.80
Day High
$24.00
Day Low
$23.74
52 Week High
09/26/13 - $37.93
52 Week Low
05/5/14 - $18.88
Market Cap
684.3M
Average Volume 10 Days
165.6K
EPS TTM
$-0.31
Shares Outstanding
28.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for BROADSOFT INC (BSFT)

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broadsoft inc (BSFT) Details

BroadSoft, Inc. provides software and services that enable mobile, fixed-line, and cable service providers to deliver hosted or cloud-based unified communications and other voice and multimedia services over Internet protocol (IP) based networks. The company’s communications platform consists of BroadWorks software, which enables its service provider customers to offer enterprises and consumers with a range of hosted communications offerings, such as hosted PBX, voice and video calling, SIP Trunking, voice and video mail, call center, and audio conferencing, as well as 4G or LTE offerings. Its communications platform also include BroadCloud that enables the company to offer its service provider customers communications applications, such as BroadCloud PBX functionality, as well as Web collaboration, video conferencing, and fixed line short message service from its cloud service delivery platform; and BroadTouch, a client application, which enables carriers to offer unified communications services for smartphones, tablets, desktops, laptops, and other-end-user devices. In addition, the company offers a range of professional support services, including pre-sales support; installation, network integration, project management, and remote upgrade services, as well as consulting services; product life-cycle services; and training services. BroadSoft, Inc. sells its products to telecommunication service providers directly, as well as indirectly through distribution partners, such as telecommunications equipment vendors, value-added resellers, and other distributors. The company operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. BroadSoft, Inc. was founded in 1998 and is headquartered in Gaithersburg, Maryland.

786 Employees
Last Reported Date: 08/4/14
Founded in 1998

broadsoft inc (BSFT) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $558.2K
Co-Founder and Chief Technology Officer
Total Annual Compensation: $344.9K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $369.9K
Vice President of Worldwide Sales
Total Annual Compensation: $487.5K
Vice President of Strategy
Total Annual Compensation: $97.5K
Compensation as of Fiscal Year 2013.

broadsoft inc (BSFT) Key Developments

BroadSoft to Introduce BroadCloud to German Market on 3 September 2014

On 3 September 2014, BroadSoft, Inc. will host the BroadCloud(R) Germany launch event at the Soho House in Berlin, where mobile operators and telecommunications service providers can hear directly from BroadSoft executives how to leverage BroadCloud in Germany to capitalize on the transition to cloud-based Unified Communications (UC) services by businesses of all sizes, from large enterprises to micro-businesses. Businesses throughout Germany are quickly shifting from premise-based to cloud-delivered Unified Communications. BroadCloud is a managed service that breaks down the barriers service providers are experiencing in quickly getting their new UC services in market. BroadSoft believes that by white labeling BroadCloud services, service providers not only have the potential to accelerate time-to-market, and therefore speed time-to-revenue, but also the ability to reduce infrastructure and ongoing support costs.

BroadSoft, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Second Half of 2014; Reaffirms Earnings Guidance for the Full Year of 2014

BroadSoft, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. Total revenue rose to $52.5 million in the second quarter of 2014, an increase of 19% compared to $44.0 million in the second quarter of 2013. Net income for the second quarter of 2014 was $1.7 million or $0.06 per diluted common share compared to net loss of $3.0 million or $0.11 per basic and diluted common share in the second quarter of 2013. Income from operations was $0.5 million against loss from operations of $2.3 million and loss before income taxes was $1.1 million against $4.0 million reported last year. On a non-GAAP basis, net income in the second quarter of 2014 was $8.9 million or $0.31 per diluted common share compared to non-GAAP net income of $9.2 million or $0.32 per diluted common share in the second quarter of 2013. Non-GAAP income from operations was $9.2 million against $9.7 million reported last year. CapEx for the quarter was an above trend line $3.9 million primarily as a result of investment in cloud infrastructure. Total revenue rose to $96.4 million for the first six months of 2014, an increase of 15% compared to $83.6 million for the first six months of 2013. Net loss for the first six months of 2014 was $5.8 million or $0.20 per basic and diluted common share compared to net loss of $5.3 million or $0.19 per basic and diluted common share for the first six months of 2013. Loss from operations was $8.8 million against $6.0 million and loss before income taxes was $12.15 million against $9.4 million reported last year. Cash provided by operating activities was $12.5 million against $8.4 million reported last year. On a non-GAAP basis, net income for the first six months of 2014 was $11.1 million or $0.37 per diluted common share compared to non-GAAP net income of $14.3 million or $0.50 per diluted common share for the first six months of 2013. Non-GAAP income from operations was $11.8 million against $15.3 million reported last year. For the third quarter of 2014, BroadSoft anticipates revenue of $48 to $52 million. The company also expects to achieve earnings on a non-GAAP basis of $0.17 to $0.30 per diluted common share. The expectation is for second half of the year CapEx to be about $3 million to $3.5 million in total. Positive outlook for 2014 remains, as indicated by maintaining of guidance for the full year, adjusted for the impact of recently announced acquisition of Systems Design & Development, Inc. For the full year 2014, BroadSoft now expects revenue of $207 to $213 million and earnings on a non-GAAP basis of $1.26 to $1.46 per diluted common share.

BroadSoft, Inc. to Report Q2, 2014 Results on Aug 04, 2014

BroadSoft, Inc. announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Aug 04, 2014

 

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