** charts after announcement **
** charts before announcement **
death cross (daily)
Showing posts with label MB. Show all posts
Showing posts with label MB. Show all posts
Monday, December 24, 2018
Mindbody (MB) to be acquired by Vista Equity Partners for $1.9 billion
Vista will acquire all outstanding shares of MINDBODY common stock for a total value of approximately $1.9 billion. MINDBODY shareholders will receive $36.50 in cash per share, representing a 68% premium to the unaffected closing price as of December 21, 2018.
Mindbody Inc. (MB) announced Monday a deal to be acquired by San Francisco-based private equity firm Vista Equity Partners in a deal valued at $1.9 billion. Shares of the technology platform for the fitness, beauty and wellness industries were inactive prior to a trading halt for news, which is set to be lifted at 8:30 a.m. Under terms of the deal, Vista will pay $36.50 in cash for each Mindbody share outstanding, representing a 68% premium to Friday's closing price of $21.72. The deal is expected to close in the first quarter of 2019, and includes a 30-day "go-shop" period in which Mindbody can solicit other acquisition proposals. Mindbody's stock has tumbled 49% over the past three months through Friday, while the S&P 500 (SPX) has shed 17%.
** charts before announcement **
** charts before announcement **
Wednesday, October 26, 2016
Mindbody (MB) reported earnings on Wed 26 Oct 2016 (a/h)
** charts after earnings **
SAN LUIS OBISPO, Calif. (AP) _ Mindbody Inc. (MB) on Wednesday reported a loss of $5.9 million in its third quarter.
On a per-share basis, the San Luis Obispo, California-based company said it had a loss of 15 cents. Losses, adjusted for stock option expense, were 9 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The business management software developer posted revenue of $35.3 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $35 million.
For the current quarter ending in December, Mindbody said it expects revenue in the range of $37.7 million to $38.7 million.
The company expects full-year revenue in the range of $138.5 million to $139.5 million.
Mindbody shares have risen 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.90, a climb of 11 percent in the last 12 months.
SAN LUIS OBISPO, Calif. (AP) _ Mindbody Inc. (MB) on Wednesday reported a loss of $5.9 million in its third quarter.
On a per-share basis, the San Luis Obispo, California-based company said it had a loss of 15 cents. Losses, adjusted for stock option expense, were 9 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The business management software developer posted revenue of $35.3 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $35 million.
For the current quarter ending in December, Mindbody said it expects revenue in the range of $37.7 million to $38.7 million.
The company expects full-year revenue in the range of $138.5 million to $139.5 million.
Mindbody shares have risen 18 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.90, a climb of 11 percent in the last 12 months.
Thursday, April 14, 2016
Friday, October 2, 2015
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