News Focus
News Focus
Followers 81
Posts 3648
Boards Moderated 0
Alias Born 02/15/2010

Re: streamingeagle88 post# 8752

Thursday, 07/24/2014 9:04:32 PM

Thursday, July 24, 2014 9:04:32 PM

Post# of 48166
OVRL's q3 (March/2014) earnings call transcript -

http://seekingalpha.com/article/2221443-overland-storages-ovrl-ceo-eric-kelly-on-q3-2014-results-earnings-call-transcript?all=true&find=ovrl%2Bconference%2Bcall%2Btranscript

This transcript includes revenues and earnings. No integration costs for the qtr were given, but, I found this interesting -

Net accounts receivable was $14.3 million at the end of the third quarter, compared to $6.3 million at the end of both the third quarter last year and the immediately preceding quarter.

Operating cash used in the third quarter of fiscal 2014 was $6.5 million, compared to $3.8 million in the immediately preceding quarter.

The integration of Overland Storage and Tandberg Data remains on schedule, and we expect to reach the previously announced operating expense target of $40 million to $45 million on an annualized basis, excluding stock compensation, by the end of this calendar year, assuming operations on a standalone basis.

This represents a reduction of approximately $20 million from the FY13 pro forma operating expense of $62.4 million of the combined companies.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ANY News