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Finance

Financial information and management tips for VARs, managed services providers (MSPs), cloud services providers (CSPs), IT service providers and channel-friendly technology companies.

Understand EBITDA Before Selling Your Business

How can EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization) affect the value of a company and the price buyers pay for a business? Here are some answers.

Windstream Bankruptcy: Chapter 11 Filing Status Updates, Revenues

Windstream Chapter 11 bankruptcy status updates, stock delisting, creditors list, revenues, earnings & more. How the IT, managed & cloud services provider (MSP & CSP) is managing its finances.

Avaya Explores Potential Company Sale (Again)

Avaya hires JP Morgan to explore “strategic alternatives,” CEO Jim Chirico says. Translation: Avaya (AVYA) is for sale. Private equity firms may be bidding, reports say.

Florida Funders Launches Channel Partner Program

Florida Funders, a hybrid of a venture capital fund coupled with a crowdfunding platform, launches channel partner program to speed deel flow, expand community.

Google Cloud Revenues: CEO Sundar Pichai Dodges Question

Google CEO Sundar Pichai avoids Google Cloud Platform (GCP) revenue question as GCP expenses climb, and Microsoft Azure & Amazon Web Services (AWS) revenues soar.

SAP: Elliott Management Reveals Investment

SAP’s cloud strategy earns support from activist investor Elliott Management & quarterly results appear strong. But CEO Bill McDermott faces these challenges.

Wipro Hack May Overshadow Quarterly Financial Results

Amid Wipro (NYSE: WIT) quarterly earnings, the India IT outsourcing giant faces questions about hacker attack that apparently spread to end-customer accounts.

Office Depot, CompuCom: Revenue Shortfall Warning

Office Depot’s CompuCom division suffers 1Q 2019 revenue shortfall. Office equipment retailer & managed IT services provider (MSP) “streamlines” operational structure…

Sungard Availability Services: Bankruptcy Filing Coming

Sungard Availability Services preps prepackaged bankruptcy filing. CEO vows no service interruptions. Huge debt load plus cloud backup services competition pressured former data protection star.

Funding Stages: From Startups to IPOs

There are five major funding stages before you can plan on exiting through an IPO. Here’s a look at each stage.