Nachrichten und Videos - FUSION CONNECT INC. - Seite 2

NEW YORK, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, has secured a $1.6 million, three year cloud solutions contract with a leading convenience store chain operating in the southeastern U.S. The rapidly growing chain required a significant communications and network upgrade and looked for a service provider to deliver an all-in cloud communications solution that included security and business continuity. The customer chose Fusion’s advanced,...

NEW YORK, Sept. 07, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ: FSNN) , a leading provider of cloud services, announced today that it has secured a $1.1 million, three-year cloud solutions agreement with a major family entertainment center and restaurant chain. The popular chain looked to Fusion to consolidate its communications services across several hundred locations in the United States. The chain is currently reviewing a multiple site deployment in Canada to further support its network...

NEW YORK, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ: FSNN) , a leading provider of cloud services, has secured a $3.5 million, three-year cloud solutions agreement with a major restaurant chain. The rapidly expanding chain renewed $1.6 million in cloud access and security services over three years and also added $1.9 million in new cloud solutions from Fusion. The incremental services include cloud access and security services at over 40 new sites and across all locations, and adds...

NEW YORK, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ: FSNN), a leading cloud services provider, today announced financial results for the three and six months ended June 30, 2018. On May 4, 2018, Fusion completed its acquisition of the Cloud and Business Services business of Birch Communications Holdings, Inc. (“Birch”). Due to the nature and structure of that transaction, Birch is considered acquirer of Fusion under generally accepted accounting standards. Accordingly, the financial...

NEW YORK, July 27, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, will hold a conference call on Tuesday, August 14, 2018 at 4:30 p.m. Eastern time to discuss its results for the three and six months ended June 30, 2018. Financial results will be issued in a press release prior to the call. Matthew Rosen, Fusion’s Chairman and CEO and Kevin Dotts, Fusion’s EVP and CFO will host the conference call, followed by a question and answer period. To access the...

NEW YORK, July 24, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, announced today that Matthew Rosen, its Chairman and CEO, will present at the Oppenheimer 21st Annual Technology, Internet & Communications Conference at the Four Seasons Hotel in Boston, Massachusetts on Wednesday, August 8, 2018 at 9:05 AM ET. For additional information or to schedule a one-on-one meeting with Fusion management, please contact your Oppenheimer representative. You may also...

NEW YORK, July 17, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, has secured a $5.4 million, five-year cloud solutions contract with a leading distributor in the automotive industry. The companies cited Fusion’s productivity-enhancing cloud communications and collaboration solutions, integrated cloud connectivity with Quality of Service guarantees, experienced, live technical support and exemplary reputation for providing a superior customer experience....

NEW YORK, June 25, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, today announced that it was added to the small-cap Russell 2000 ® Index and the broad-market Russell 3000 ® Index effective at the open of trading today, marking the annual Russell U.S. Indexes reconstitution. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 ® Index or the small-cap Russell 2000 ® Index as...

NEW YORK, June 18, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, announced today that on June 15, 2018, it closed its previously-announced acquisition of MegaPath Holding Corporation (“MegaPath”). The total purchase price was $71.5 million, consisting of $61.5 million in cash and 1.7 million shares of Fusion common stock priced at $5.78 per share. The cash portion of the purchase price was financed from Fusion’s existing cash balances held in escrow...

NEW YORK, May 31, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading cloud services provider, today announced it will participate in the Morgan Stanley Leveraged Finance Conference. The conference will be held at The Roosevelt Hotel in New Orleans, Louisiana on June 5-6, 2018. Matthew Rosen, Fusion’s Chairman and CEO, will present at the conference on Tuesday, June 5 at 2:30 pm CDT / 3:30pm EDT. About Fusion Fusion (NASDAQ:FSNN), a leading provider of integrated cloud solutions to small,...

NEW YORK, May 17, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading cloud services provider, today announced its participation in the following investor conferences in May 2018. On Wednesday, May 23, 2018, Fusion Chairman and CEO Matthew Rosen will present at the 19th Annual B. Riley FBR Investor Conference at 10:30 a.m. Pacific Time. The conference will be held at the Loews Santa Monica Beach Hotel in Santa Monica, California. A live webcast of Mr. Rosen’s presentation will be...

NEW YORK, May 15, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading cloud services provider, today announced financial results for its first quarter ended March 31, 2018. On May 4, 2018, Fusion completed the spin-off of its remaining interest in its Carrier Services business segment. As a result, this segment has been treated as discontinued operations in the accompanying financial statements. Highlights Total revenue grew 2% to $29.0 million, compared to $28.5 million in Q1 2017, while...

NEW YORK, May 10, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, announced today that it has signed a definitive agreement to acquire privately-held MegaPath Holding Corporation (“MegaPath”). Based in Pleasanton, California, MegaPath provides a robust, fully-integrated suite of cloud services including Unified Communications as a Service (UCaaS), cloud computing, security, SD-WAN and cloud connectivity. The transaction is valued at under 5.0x pro forma...

NEW YORK, May 08, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, announced today that on May 4, 2018, it closed a private placement (the “Private Placement”) of 1,523,811 shares of its common stock. The shares were priced at $5.25 per share for gross proceeds of $8.0 million. Proceeds from the Private Placement will be used by Fusion for general corporate purposes. Investment funds managed by Morgan Stanley Credit Partners, an investment team of Morgan...

NEW YORK, May 08, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, will hold a conference call on Tuesday, May 15, 2018 at 10:30 a.m. Eastern time to discuss its results for the first quarter ended March 31, 2018. Financial results will be issued in a press release prior to the call. Matthew Rosen, Fusion’s Chairman and CEO and Kevin Dotts, Fusion’s EVP and CFO will host the conference call, followed by a question and answer period. To access the call,...

NEW YORK, May 07, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, announced today that on May 4, 2018, it closed its previously-announced acquisition of the Cloud and Business Services business of Birch Communications Holdings, Inc. (“Birch”). The acquisition was completed through a merger of a wholly-owned subsidiary of Fusion with and into Birch. The total enterprise value of this transaction was approximately $600 million, consisting of approximately...

NEW YORK, Feb. 13, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leading provider of cloud services, announced today that it engaged Goldman Sachs, Morgan Stanley and MUFG as joint lead arrangers and joint bookrunners to arrange senior secured credit facilities (the “Facilities”) to be entered into in connection with Fusion’s previously announced agreement to acquire the Cloud and Business Services business of Birch Communications, Inc. The Facilities are expected to consist of $570...

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NEW YORK, NY / ACCESSWIRE / April 6, 2015 / Market Exclusive announces that H.C. Wainwright & Co. continues to rate the shares of Fusion Telecommunications International, Inc. (NASDAQ: FSNN) as Buy with a 12-month price target of $6.00 per share. Following the release of Fusion's year-end report, H.C Wainwrights & Co. analyst Kevin Dede, CFA, wrote on the company's increased sales and expected continued growth. Mr. Dede states, "The company has been on an acquisition spree consolidating...