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Tricentis Ranked Among the Fastest Growing Companies in North America on Deloitte’s 2019 Technology Fast 500™

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Attributes explosive growth — 265% in the past 3 years — to rising demand for Continuous Testing, AI-driven enterprise automation and RPA solutions that accelerate digital transformation

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#Fast500–Tricentis, provider of the No. 1 Continuous Testing platform, announced it ranked No. 361 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. Tricentis nearly tripled revenue growth over the last three years and grew its Global 2000 customer base to 1,600+.

Tricentis’ chief executive officer Sandeep Johri credits this significant growth to Tricentis’ proven track record helping Global 2000 enterprises break through DevOps and digital transformation barriers.

“More and more Global 2000 organizations are recognizing that they must start transforming testing now in order to achieve their digital transformation objectives,” said Tricentis CEO Sandeep Johri. “We’re proud to have helped leading enterprises reinvent testing — enabling them to accelerate innovation while reducing business risk and lowering costs — with our growing portfolio of testing solutions. Now, these enterprises are also applying our industry-leading automation to many other critical business processes in the production environment.”

Tricentis previously ranked No. 402 as a Technology Fast 500™ award winner for 2018 with 194% revenue growth.

About Deloitte’s 2019 Technology Fast 500™

Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Tricentis

With the industry’s #1 Continuous Testing platform, Tricentis is recognized for reinventing software testing for DevOps. Through agile test management and advanced test automation optimized to support 150+ technologies, we provide automated insight into the business risks of your software releases—transforming testing from a roadblock to a catalyst for innovation. The result is accelerated software delivery speed, improved cost efficiency, and reduced business risk.

Tricentis is the only vendor to achieve “leader” status in all three top analyst reports (i.e., the “Triple Crown.”) This honor is based on our technical leadership, innovation, and a Global 2000 customer base of 1600+ companies, including global enterprises such as Allianz, ANZ Bank, Cisco, Dolby, Experian, First Data, HSBC, Merck, Office Depot, Samsung, Swiss Re, Starbucks, Telstra, UBS, Vodafone, Whole Foods, and WorldPay. Customers rely on Tricentis to achieve and sustain test automation rates of over 90 percent—increasing risk coverage while accelerating testing to keep pace with Agile and DevOps.

Tricentis has a global presence in Austria, Australia, Belgium, Denmark, Germany, India, Netherlands, Singapore, Switzerland, Poland, United States and the UK. To learn more, visit https://www.tricentis.com or follow us on LinkedIn, Twitter, and Facebook.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

Contacts

PR Contact: Lanier Norville, Tricentis, (205) 617-0507, l.norville@tricentis.com

 

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Business Wire

Highly Anticipated “Bithumb Coin” Officially Announced by Bithumb Global

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SINGAPORE–(BUSINESS WIRE)–Bithumb Global, the leading digital asset exchange in the world, announces the highly anticipated crypto asset, Bithumb Coin (BT), which is the native token for the recently announced Bithumb Chain.

Bithumb Global announces the release of their native token titled “Bithumb Coin” which will hold the ticker name, $BT. The token allows transactions within Bithumb Chain which enables a plethora of different use-cases. Bithumb Chain is built by first rate esteemed professionals within the IT, security, cryptography and financial verticals.

What is Bithumb Coin

Bithumb Chain is the decentralized open-source protocol that powers the products, services, and infrastructure within the Bithumb Family ecosystem which helps capture value from both upstream and downstream of the trading business. To further bolster the infrastructure of the Bithumb Chain ecosystem, Bithumb Family has a variety of new technologies adding to the value network of the blockchain, including a creative EaaS (Exchange-as-a-Service), which is a unique protocol PSP (Profit Sharing Protocol). The EaaS allows users to access the service through one-click, and adding to this structure to incentivise users is Bithumb Coin (BT).

Bithumb Coin (BT) enables transactions within Bithumb Chain and provides the necessary mechanism for facilitating true incentives and value within the protocol. The first principle of the Bithumb Coin (BT) mechanism design is to facilitate the flow of value of the Bithumb Family ecosystem, thereby promoting sustainable development.

Token distribution has been described as follows: 30% of the token distribution is based on the user incentive pool, while another 30% is allocated for trading incentives with a point system which will be disclosed at a later time. The other functionality of the coin are as follows: Utility within Bithumb Chain for handling fees, usage rights of the Bithumb chain system and paying the transaction fees of the Bithumb Global platform as well as payment procedures for new products in the future. Through the system lease contract, users can also lease their BT to obtain leasing rewards. Moreover, BT holders can vote and participate in the governance of Bithumb Chain which includes project listing nomination. In effect, Bithumb Chain eco-participants not only participate in the formulation and direction of network development, but also the investment decisions of Bithumb Chain. Examples include BT allowing holders privileges in the platform’s marketing activities, including additional raffle tickets to BG Staging and additional rate of return when participating in token staking. Other perks of holding BT includes participating in Bithumb Chain events such as fair token distributions. Bithumb Coin has many perks designed for the holder.

Relationship between Bithumb Coin (BT) and Bithumb Chain

25% of the BT’s token distribution is based on the chain development and sustainability. The interrelationship of Bithumb Chain to BT can be analogous to how a smart blockchain city would function. Bithumb Chain would represent the city block while various members of the Bithumb Family would represent individual structures within the city and Bithumb Coin (BT) serves as the interconnecting roadway between the different structures within the city block. An example of this in action is as follows: BT holders can stake a choice number of tokens to become a community node of the Bithumb Global platform and regularly participate in Bithumb Family listing nominations. 50% of the platform revenue will also be used for BT buyback until 150 million tokens remain. Bithumb Coin (BT) would facilitate the exchange of value and information across the Bithumb Chain, thereby promoting the sustainable development of all on-chain products, platforms, and services.

Bithumb Korea is one of the largest bitcoin exchanges in the world. Its daily trading volume accounts for 75.7% of the bitcoin market in South Korea, accounting for 15% of the global bitcoin market. With Bithumb quickly being the most user-friendly digital asset ecosystem with a rock solid cyber security system and massive liquidity, BT has a bright future ahead for their 8 million Bithumb Family users already participating within the ecosystem.

Bithumb Coin’s token supply will be scarce with only 300 million tokens minted indefinitely.

For further details, please check the Bithumb Global website for the announcement.

About Bithumb Global

Bithumb Global is the global arm of Bithumb Korea, which is one of the top exchanges in the world, with a collective transaction volume exceeding 1 trillion US dollars. Bithumb Global is designed to facilitate every global user to trade, participate, or contribute to the digital assets ecosystem with ease.

Bithumb Global aims to become a user-friendly digital asset ecosystem with tighter security measures of international standards and increased liquidity. For more information on Bithumb Global, please visit www.bithumb.pro

Contacts

MEDIA CONTACT

Lin Xu, PR Manager

E-mail: pr@bithumb.pro

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Business Wire

FROSK, Inc.: G-STAR Exhibition Campaign! SmartBeat, the Smartphone App Crash Detection and Analytics Tool, Is Free for 30 Days!

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TOKYO–(BUSINESS WIRE)–Japan based FROSK, Inc. is offering the G-STAR exhibition campaign! Just for Korean app developers, its smartphone app crash detection and analytics tool, SmartBeat, free for 30 days!

[SmartBeat] https://smrtbeat.com/?lang=ko

-As a G-STAR negotiation perk, an additional 10 days (total 40 days) are free!

-SmartBeat’s three advantages

SmartBeat makes it easy to address ongoing quality assurance problems, using data from more than 100 countries and regions to support the quality improvement of apps from around the world.

[1] When a crash occurs, screen captures and a wealth of other data are collected in real time!

Crash detection occurs simultaneous to the error, so even data from users who leave for good is collected and analyzed. Beyond just basic error information, screen captures ensure a better understanding of what caused the error.

Also, it shows the number of normally difficult to detect Out of Memory errors.

[2] Must fix errors are automatically prioritized!

Errors with the same content are automatically grouped, and since it’s possible to sort based on the number of occurrences, affected users, etc, or filter by app version, etc, errors may be flexibly prioritized.

[3] Multi-platform support! Unreal Engine 4 is supported!

In addition to iOS and Android, Unity, Unreal Engine 4, Cocos2d-x and other Game Engines are supported, so it can be used with many types of apps.

Additionally, there are many other useful features for improving the quality of your apps.

[Feature details] https://smrtbeat.com/features/?lang=ko

Campaign Overview

Korean app developers will receive a 30 day extended free trial, normally only 14 days.

As a G-STAR negotiation perk, an additional 10 days (total 40 days) are free!

* Eligible free trial applications must be made by December 20, 2019 as a first-time business customer.

[Free Trial Application] https://smrtbeat.com/signup/?lang=ko
[Other inquiries] https://smrtbeat.com/contact/?lang=ko

About FROSK, Inc.

FROSK, Inc. designs, develops and operates support tools for smart device app developers. In the shape people “wish for”. Delivering a convenient service to speed app development.

https://frosk.co.jp/index.html?en

Contacts

FROSK, Inc.

Kenta Tanaka

+81-3-6898-7195

cs@frosk.co.jp

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Business Wire

Success of New Venues Showcased in Drive Shack Inc.’s Third Quarter 2019 Results

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The Company announces successful opening of 3 new Drive Shack venues, results significantly outperform expectations

Achieves goal of selling 24 owned golf courses for total proceeds of ~$170 million

NEW YORK–(BUSINESS WIRE)–Drive Shack Inc. (NYSE: DS), a leading owner and operator of golf entertainment and leisure venues, today announced financial results for its third quarter ended September 30, 2019.

The Company announced the successful openings of three Generation 2.0 Drive Shack venues: Raleigh, NC opened August 23rd; Richmond, VA opened September 20th; West Palm Beach, FL opened October 18th. As of November 8th, the three new venues generated combined revenue of $6.5 million, exceeding the Company’s plan by 21%. The new venues are expected to continue to ramp up faster than anticipated and achieve average EBITDA of $4 million to $6 million and development yields of 10 to 15% in 2020. Additionally, the Company announced the retirement of Ken May, who served as Chief Executive Officer. Hana Khouri, the Company’s current President, will be assuming the role of CEO and President.

“It has been a tremendous quarter, and we are thrilled to announce the success of our Generation 2.0 venues,” says Hana Khouri. “To open not one, but three new venues in a span of three months, and to see results of this caliber out of the gate, illustrates the strong trajectory of the company, as well as the talented and experienced leadership we have in place.”

“These results provide a real platform for valuation, stability, and growth of Drive Shack moving forward,” says Chairman of the Board of Directors, Wes Edens. “Hana and her team have done a phenomenal job and set a precedent for the level of success we expect moving forward as we grow the company on a national scale.”

Additionally, the Company announced substantial progress in the development of its newest innovation, the “Urban Box.” The indoor format will provide a social, technology-enhanced mini golf experience designed for dense, urban locations. The focus on putting reduces venue dimension requirements compared to the core Drive Shack stores, and therefore provides more real estate opportunities, shorter development timelines and less capital risk. Three Urban Box stores are set to debut alongside Drive Shack’s New Orleans venue in 2020.

The Company also announced the completion of its goal to sell 24 of its 26 owned golf courses for total proceeds of approximately $170 million by year end 2019. The proceeds will be used to fund the development of the Company’s entertainment golf venues.

Financial Results

Three Months Ended September 30, 2019 compared to the Three Months Ended September 30, 2018 and Nine Months Ended September 30, 2019 compared to Nine Months Ended September 30, 2018 ($ in thousands, except for per share data):

 

 

 

 

 

 

 

 

 

 

Three Months Ended

September 30, 2019

Three Months Ended

September 30, 2018

 

Nine Months Ended

September 30, 2019

 

Nine Months Ended

September 30, 2018

Total revenues

$

74,682

 

$

87,419

 

 

$

200,249

 

 

$

245,083

 

Loss applicable to common stockholders

$

(13,414

)

$

(15,470

)

 

$

(43,763

)

 

$

(39,360

)

 

 

 

 

Basic

$

(0.20

)

$

(0.23

)

 

$

(0.65

)

 

$

(0.59

)

Diluted

$

(0.20

)

$

(0.23

)

 

$

(0.65

)

 

$

(0.59

)

 

For the three months ended September 30, 2019, the Company reported a loss of $13 million, or ($0.20) per share, compared to a loss of $15 million, or ($0.23) share, in the corresponding period of the prior year. For the nine months ended September 30, 2019, the Company reported a loss of $44 million, or ($0.65) per share, compared to a loss of $39 million, or ($0.59) per share, in the corresponding period of the prior year.

The Company paid dividends on October 31, 2019 to holders of record of preferred stock on October 1, 2019, for the period beginning August 1, 2019 and ending October 31, 2019, in an amount equal to $0.609375, $0.503125 and $0.523438 per share on the 9.750% Series B, 8.050% Series C and 8.375% Series D preferred stock, respectively.

The Board of Directors of the Company declared dividends on the Company’s preferred stock for the period beginning November 1, 2019 and ending January 31, 2020. The dividends are payable on January 31, 2020, to holders of record of preferred stock on January 2, 2020, in an amount equal to $0.609375, $0.503125 and $0.523438 per share on the 9.750% Series B, 8.050% Series C and 8.375% Series D preferred stock, respectively.

Conference Call Tuesday, November 12, 2019

Management will hold a conference call to discuss these results Tuesday, November 12th at 9:15 a.m. Eastern Time. The conference call can be accessed over the phone by dialing 1-866-913-6930 (from within the U.S.) or 1-409-983-9881 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference conference ID “9757719.”

A copy of the earnings release will be posted to the Investor Relations section of Drive Shack Inc.’s website, http://ir.driveshack.com.

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at http://ir.driveshack.com. Please allow extra time prior to the call to visit the website and download any necessary software required to listen to the internet broadcast. A telephonic replay of the conference call will also be available two hours following the call’s completion through 11:30 P.M. Eastern Time on Tuesday, November 26, 2019 by dialing 1-800-585-8367 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference conference ID “9757719.”

Additional Information

For additional information that management believes to be useful for investors, please refer to the presentation posted on the Investor Relations section of the Company’s website, http://ir.driveshack.com. For consolidated information, please refer to the Company’s most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K, which are available on the Company’s website, http://ir.driveshack.com.

About Drive Shack

Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses.

Forward-Looking Statements: Certain items in this Press Release may constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Drive Shack Inc.’s (NYSE: DS; “DS Inc.” or the “Company” and “we,” “us” and “our,” as applicable) (a) statements relating to returns on our investments, (b) anticipated future sales of selected owned golf properties, including without limitation statements relating to the timing and amount of anticipated proceeds, (c) our plans and expectations to optimize the operation of, and grow, our existing leased and managed golf properties, (d) redeployment of cash from our generated liquidity, (e) targeted multiples, yields and returns, (f) our ability to terminate or restructure leases and (g) the Company’s current business plan and expectations relating to our Drive Shack venues, including (i) the number of venues that we may be able to develop, (ii) timing and frequency for opening venues, (iii) financial performance of these venues and capital expenditure costs, (iv) the growth of the golf, golf entertainment, and eatertainment industry and business, and (v) our ability to enhance technology. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond our control. We cannot give any assurances that management’s current expectations will be attained. For a discussion of some of the risks and important factors that could cause actual results to differ materially from such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s periodic reports filed with the Securities and Exchange Commission (“SEC”), which are available on the Company’s website (www.http://ir.driveshack.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible to predict or assess the impact of every factor that may cause actual results to differ from those contained in any forward-looking statements. Accordingly, you should not place undue reliance on any forward-looking statements contained in this Press Release. Forward-looking statements speak only as of the date of this Press Release. We expressly disclaim any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

Non-GAAP Financial Information. This Press Release includes information based on financial measures that are not recognized under generally accepted accounting principles (“GAAP”), including EBITDA. You should use non-GAAP information in addition to, and not as an alternative to, financial information prepared in accordance with GAAP, which is included in the Company’s filings with the SEC. The Company has not reconciled its EBITDA expectations set forth in this press release to net income (loss), as items that impact such measures are out of the Company’s control and/or cannot be reasonably predicted. Accordingly, a reconciliation is not available without unreasonable effort. The company has not reconciled EBITDA to net income (loss) in this press release because doing so would require unreasonable effort.

Past Performance; No Offer; No Reliance: Past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. This Press Release does not constitute an offer to sell, or a solicitation of an offer to buy, any security. Any such offer would only be made by means of formal offering documents, the terms of which would govern in all respects. You should not rely on this Press Release as the basis upon which to make any investment decision.

Cautionary Note regarding Estimated / Targeted Returns and Growth: Targeted returns and growth represent management’s view and are estimated based on current and projected future operating performance of our current locations and other targeted locations, comparable companies in our industry and a variety of other assumptions, many of which are beyond our control, that could prove incorrect. As a result, actual results may vary materially with changes in our liquidity or ability to obtain financing, changes in market conditions and additional factors described in our reports filed with the SEC, which we encourage you to review. We undertake no obligation to update these estimates. See above for more information on forward-looking statements.

Consolidated Balance Sheets

(dollars in thousands, except share data)

(Unaudited)

September 30, 2019

December 31, 2018

Assets

Current assets

Cash and cash equivalents

$

24,816

 

$

79,235

 

Restricted cash

 

3,163

 

 

3,326

 

Accounts receivable, net

 

5,243

 

 

7,518

 

Real estate assets, held-for-sale, net

 

27,833

 

 

75,862

 

Real estate securities, available-for-sale

 

2,914

 

 

2,953

 

Other current assets

 

18,615

 

 

20,505

 

Total current assets

 

82,584

 

 

189,399

 

Restricted cash, noncurrent

 

931

 

 

258

 

Property and equipment, net of accumulated depreciation

 

185,737

 

 

132,605

 

Operating lease right-of-use assets

 

220,197

 

Intangibles, net of accumulated amortization

 

18,208

 

 

48,388

 

Other investments

 

23,648

 

 

22,613

 

Other assets

 

4,601

 

 

8,684

 

Total assets

$

535,906

 

$

401,947

 

 

Liabilities and Equity

Current liabilities

Obligations under finance leases

$

6,222

 

$

5,489

 

Membership deposit liabilities

 

10,766

 

 

8,861

 

Accounts payable and accrued expenses

 

38,032

 

 

45,284

 

Deferred revenue

 

7,627

 

 

18,793

 

Real estate liabilities, held-for-sale

 

21

 

 

2,947

 

Other current liabilities

 

28,697

 

 

22,285

 

Total current liabilities

 

91,365

 

 

103,659

 

Credit facilities and obligations under finance leases – noncurrent

 

14,397

 

 

10,489

 

Operating lease liabilities – noncurrent

 

191,442

 

Junior subordinated notes payable

 

51,194

 

 

51,200

 

Membership deposit liabilities, noncurrent

 

93,988

 

 

90,684

 

Deferred revenue, noncurrent

 

6,170

 

 

6,016

 

Other liabilities

 

3,694

 

 

5,232

 

Total liabilities

$

452,250

 

$

267,280

 

 

Commitments and contingencies

 

Equity

 

Preferred stock, $0.01 par value, 100,000,000 shares authorized, 1,347,321 shares of 9.75% Series B Cumulative Redeemable Preferred Stock, 496,000 shares of 8.05% Series C Cumulative Redeemable Preferred Stock, and 620,000 shares of 8.375% Series D Cumulative Redeemable Preferred Stock, liquidation preference $25.00 per share, issued and outstanding as of September 30, 2019 and December 31, 2018

 

61,583

 

61,583

 

 

Common stock, $0.01 par value, 1,000,000,000 shares authorized, 67,050,556 and 67,027,104 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively

 

670

 

 

670

 

Additional paid-in capital

 

3,178,655

 

 

3,175,843

 

Accumulated deficit

 

(3,158,901

)

 

(3,105,307

)

Accumulated other comprehensive income

 

1,649

 

 

1,878

 

Total equity

$

83,656

 

$

134,667

 

 

Total liabilities and equity

$

535,906

 

$

401,947

 

Consolidated Statements of Operations (unaudited)

(dollars in thousands, except share data)

 

Three Months Ended

September 30,

 

Nine Months Ended

September 30,

 

2019

 

2018

 

2019

 

2018

Revenues

 

 

 

 

Golf operations

$

60,797

 

$

68,928

 

 

$

162,889

 

 

$

191,632

 

Sales of food and beverages

 

13,885

 

 

18,491

 

 

 

37,360

 

 

 

53,451

 

Total revenues

 

74,682

 

 

87,419

 

 

 

200,249

 

 

 

245,083

 

Operating costs

 

 

 

 

Operating expenses

 

63,454

 

 

70,330

 

 

 

169,897

 

 

 

194,751

 

Cost of sales – food and beverages

 

3,856

 

 

5,180

 

 

 

10,458

 

 

 

15,413

 

General and administrative expense

 

12,755

 

 

10,149

 

 

 

37,981

 

 

 

29,611

 

Depreciation and amortization

 

5,723

 

 

4,495

 

 

 

15,769

 

 

 

14,358

 

Pre-opening costs

 

4,350

 

 

245

 

 

 

7,229

 

 

 

2,048

 

Impairment and other losses

 

1,872

 

 

4,172

 

 

 

6,077

 

 

 

5,645

 

Realized and unrealized (gain) loss on investments

 

48

 

 

 

 

(283

)

Total operating costs

 

92,010

 

 

94,619

 

 

 

247,411

 

 

 

261,543

 

Operating loss

 

(17,328

)

 

(7,200

)

 

 

(47,162

)

 

 

(16,460

)

 

 

 

 

Other income (expenses)

 

 

 

 

Interest and investment income

 

191

 

 

467

 

 

 

799

 

 

 

1,382

 

Interest expense, net

 

(2,061

)

 

(4,290

)

 

 

(6,008

)

 

 

(12,940

)

Other income (loss), net

 

7,341

 

 

(3,052

)

 

 

12,955

 

 

 

(7,157

)

Total other income (expenses)

 

5,471

 

 

(6,875

)

 

 

7,746

 

 

 

(18,715

)

Loss before income tax

 

(11,857

)

 

(14,075

)

 

 

(39,416

)

 

 

(35,175

)

Income tax expense

 

162

 

 

 

162

 

 

Net Loss

 

(12,019

)

 

(14,075

)

 

 

(39,578

)

 

 

(35,175

)

Preferred dividends

 

(1,395

)

 

(1,395

)

 

 

(4,185

)

 

 

(4,185

)

Loss Applicable to Common Stockholders

$

(13,414

)

$

(15,470

)

 

$

(43,763

)

 

$

(39,360

)

 

 

 

 

Loss Applicable to Common Stock, per share

 

 

 

 

Basic

$

(0.20

)

$

(0.23

)

 

$

(0.65

)

 

$

(0.59

)

Diluted

$

(0.20

)

$

(0.23

)

 

$

(0.65

)

 

$

(0.59

)

Weighted Average Number of Shares of Common Stock Outstanding

 

 

 

 

Basic

 

67,040,692

 

 

66,992,322

 

 

 

67,032,519

 

 

 

66,982,233

 

Diluted

 

67,040,692

 

 

66,992,322

 

 

 

67,032,519

 

 

 

66,982,233

 

 

 

Contacts

For Investor Relations Inquiries:

Austin Pruitt
Head of Investor Relations

646-585-5591

IR@driveshack.com

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