Fusion’s Acquisition of IQ Max Thought to Accelerate Leadership in CPaaS Market

Fusion (FSNN), a leading provider of cloud services, announced today that it has continued its feed its acquisition appetite in that it has acquired the software, intellectual property and customers of privately held IQMax, Inc. (“IQMax”), a pioneer in developing secure messaging, enterprise data integration and advanced cloud communications solutions.

IQ Max’s advanced data integration engine is thought to accelerate Fusion’s leadership in the large and rapidly expanding global voice and messaging Communications Platform as a Service (CPaaS) market, which IDC expects to grow from $867 million in 2016 to $8.2 billion in 2021.

Matthew Rosen, Fusion’s Chief Executive Officer stated,  “Over $20 million has been invested in IQMax’s cloud-based solutions software and services platform since 2001, and while the current revenue and EBITDA contribution is not material to Fusion, we believe that we have concluded a compelling transaction that will advance the company’s leadership position in the rapidly growing secure messaging space and accelerate our planned applications integration expansion. The all-stock transaction includes additional time-limited royalties based on future sales of the software, providing a strong incentive to continue driving sales of the IQMax software solutions. IQMax’s leading-edge technology platform, feature-rich solution set and expert team of development professionals will enhance our advanced cloud solutions platform and accelerate the expansion of Fusion’s cloud ecosystem, facilitating integration with a wide range of CRM platforms, external messaging, and other business productivity software platforms.”

To learn more about Fusion (FSNN) and to track its ongoing progress please visit the Vista Partners Fusion (FSNN), Coverage Page.

Fusion Acquires IQMax’s Cloud-Based Secure Messaging Solutions and Advanced Data Integration Engine

NEW YORK, Jan. 25, 2018– Fusion, a leading provider of cloud services, announced today that it has acquired the software, intellectual property and customers of privately held IQMax, Inc., a pioneer in …..

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“The Bright Lights of 2017” Vista Partners December Macroeconomic & Investment Newsletter 12-28-2017

Vista Partners (“Vista”) has published December’s FREE Macroeconomic & Investment Monthly Newsletter, “The Bright Lights of 2017”.

Vista’s monthly newsletter contains investment considerations for Banks, Biotech, Cloud Services, Energy, Fintech, Healthcare, Manufacturing, Materials, Real Estate, SaaS, and Technology.

Vista Partners centers its Coverage on the Dow 30 Components, Select Emerging Growth Companies & Vista’s Featured Companies, with exclusive, broad-based commentary from Managing Director, John F. Heerdink, Jr.

In December’s edition of the Macroeconomic & Investment Newsletter, Mr. Heerdink states, “So far, it appears that the plan to cut corporate tax rates has led to a move…” Read full newsletter.

Companies Featured in December’s Newsletter:  Atossa Genetics, Inc. (NASDAQ: ATOS) | Fusion, Inc. (NASDAQ: FSNN) | Goldman Sachs (GS) | Health Insurance Innovations, Inc. (HIIQ) | Intel (INTC) & JPMorgan Chase (JPM).

Vista Partners publishes 100% of its content free. To receive free email updates from Vista’s extensive coverage universe, please sign up at VistaPGlobal.com/signup.

About Vista Partners LLC:

Founded in 2005, Vista Partners LLC (“Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, and Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

We encourage readers to view a complete list of disclaimers and disclosures on the Vista Partners website at VistaPGlobal.com/disclaimer.

Please follow Vista Partners on Twitter @VistaPResearch to receive updates, thoughts, and ideas on Dow 30 Components, Select Emerging Growth Companies & Vista’s Featured Companies.




How Do You Like The Sound of “24K”?

Vista Partners has published its Weekly Market Update for the week of December 2, 2017, titled “24K” Vista Partners Weekly Market Update 12-2-2017 and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30 and Select Emerging Growth Companies.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have elected to be updated each week.  Please “Join us” to Stay Informed! and to Stay Competitive!

It’s FREE & EASY to sign up.

Have a great weekend!




Cloud Services Provider Fusion (FSNN) Wins Contracts in Healthcare and Hospitality

New York City, NY based Fusion’s (FSNN) advanced cloud voice and connectivity solutions has been selected to improve communications for two major enterprises in the healthcare and hospitality while the contracts are worth more than $1.6 million.Fusion reported that the customers cited Fusion’s expertise in meeting the specialized requirements of these key industries. The first multi-location solution was engineered to improve communications across the 35 locations of a rapidly expanding provider of administrative services to nursing homes in five states in the southeastern states in the U.S.

Russell P. Markman, Fusion’s President of Business Services, stated, “Fusion is committed to meeting the rigorous requirements of this growing organization, which recognized our experience in healthcare and our own dedication to service excellence.  This leading provider of administrative services was looking for a partner that understands the complex demands of the nursing home industry and was impressed with our ability to deliver a level of service consistent with its own commitment to its nursing home customers, employees and the seniors under their care. Each of these growing enterprises prides itself on delivering an exceptional experience to its expanding customer base.  We are delighted that they have chosen Fusion to meet their highly specialized needs now and in the future.”

To learn more about Fusion (Nasdaq: FSNN) and to track its progress please visit the Vista Partners Fusion (FSNN) Coverage Page.

FSNN closed Friday’s trading at or $3.76 near its 52-week high of $3.80 and now averages 450,441 shares a day.

Vista recently issued an update report on FSNN dated November 20, 2017 when the stock was trading at $2.85/share. Download the FREE FSNN Report.




Vista Partners Recently Published An Update Report on Cloud Services Provider Fusion (NASDAQ: FSNN)

Recently, Vista Partners published a FREE update research report on Emerging Growth Company & Cloud Services Provider Fusion (NASDAQ: FSNN).  Please review the report on Vista Partners Fusion Coverage Page found within the Featured Coverage Pages at Vista Partners. Vista’s Coverage Pages are designed to provide an understanding of the company’s current business, financials, strategy, products, and pipeline. Stay Informed! Stay Competitive!




“Will the Bull Market Continue to Run?” Vista Partners Publishes November Macroeconomic & Investment Newsletter

Vista Partners (“Vista”) has published November’s FREE Macroeconomic & Investment Monthly Newsletter, “Will the Bull Market Continue to Run?”

Vista’s monthly newsletter contains investment considerations for Biotech, Cloud Services, Energy, Fintech, Healthcare, Manufacturing, Materials, SaaS, and Technology.

Vista Partners centers its Coverage on the Dow 30 Components, Select Emerging Growth Companies & Vista’s Featured Companies, with exclusive, broad-based commentary from Managing Director, John F. Heerdink, Jr.

In November’s edition of the Macroeconomic & Investment Newsletter, Mr. Heerdink states, “The stock market itself may be right in that…” Read full newsletter.

Companies Featured in November’s Newsletter: Apple, Inc. (AAPL) | Atossa Genetics, Inc. (NASDAQ: ATOS) | Fusion, Inc. (NASDAQ: FSNN) | Merck & Co., Inc. (MRK), & Visa Inc. (V).

Vista Partners publishes 100% of its content free. To receive free email updates from Vista’s extensive coverage universe, please sign up at VistaPGlobal.com/signup.

About Vista Partners LLC:

Founded in 2005, Vista Partners LLC (“Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, and Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

We encourage readers to view a complete list of disclaimers and disclosures on the Vista Partners website at VistaPGlobal.com/disclaimer.

Please follow Vista Partners on Twitter @VistaPResearch to receive updates, thoughts, and ideas on Dow 30 Components, Select Emerging Growth Companies & Vista’s Featured Companies.




Cloud Services Provider Fusion (FSNN) Heading to Conferences in Los Angeles & Chicago Post Q3 Results

Fusion (FSNN), a leading provider of cloud services announced it CEO Matthew Rosen will present at the 10th Annual LD Micro Main Event at 9:00 a.m. PT. on Tuesday, December 5, 2017.
The conference will be held at the Luxe Sunset Boulevard Hotel in Los Angeles, California.

On Thursday, December 14, 2017, Mr. Rosen will attend The Benchmark Company Micro Cap Discovery One-on-One Conference in Chicago, Illinois. The conference will be held at the Palmer House Hilton hotel in Chicago, Illinois.

On November 13th Fusion announced their financial results for the third quarter ended September 30, 2017.

Matthew Rosen, Fusion’s CEO stated, “Fusion continued to deliver solid financial performance during the third quarter of 2017, with nearly 40% growth in Business Services revenue and nearly 150% growth in Adjusted EBITDA, thanks to the contribution from the Apptix acquisition as well as solid sales bookings and installations, customer novations, and continued low churn. These results clearly demonstrate the power of our compelling strategy as the single source for the cloud.nSince we announced our definitive agreement to acquire the Cloud and Business Services business of Birch in late August, both companies have been planning for the integration of our people, products, networks, and systems to ensure that the combined company – which will be one of the largest cloud services providers in North America – is positioned to begin realizing the benefits of the combination immediately after closing. We have also made substantial progress on the steps required to complete the transaction, including antitrust filings and filings with the FCC and a number of state regulatory agencies, and we expect to file the preliminary proxy this week. Given the upcoming holiday season, we believe that the process of obtaining regulatory approvals will take the close of the acquisition into the first quarter of 2018.”

Michael Bauer, Fusion’s CFO, stated, “We are very excited to complete the Birch transaction. The combined company is projected to have approximately $575 million in pro forma annual revenue and over $150 million in pro forma annual Adjusted EBITDA, including over $20 million in expected cost synergies. We expect the transaction to be significantly accretive immediately upon closing, to considerably lower our leverage ratio and improve our financial flexibility, and to generate strong positive free cash flow on an ongoing basis.”

Shares of FSNN today closed up nicely up+8.14% at $3.72 on volume of 641,274 shares.

To learn more about Fusion (FSNN) and to track its ongoing progress please visit the Vista Partners Fusion (FSNN) Coverage Page.

Fusion to Participate in Upcoming Investor Conferences

NEW YORK, Nov. 22, 2017– Fusion, a leading provider of cloud services, today announced its participation in the following investor conferences in December.. On Tuesday, December 5, 2017, Fusion CEO Matthew …..

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“500+ Days & Counting…” Vista Partners Weekly Market Update 11-18-2017

Vista Partners has published its Weekly Market Update for the week of November 11, 2017, titled “500+ Days & Counting…” Vista Partners Weekly Market Update 11-18-2017 and is accessible on our Newsletters Page. Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30 and Select Emerging Growth Companies.

Each issue is written by Managing Director, John Heerdink and speaks to the activities of the market, influencers and specific featured stories from Vista’s Coverage Universe that spans the Dow 30 and Select Emerging Growth Companies.

Each weekly update issue is sent out via email directly to the thousands of investors around the world that have freely elected to be updated each week.  Please “Join us” to Stay Informed and Stay Competitive. It’s Free & Easy to sign up.

Have a great weekend!




Cloud Services Provider Fusion (FSNN) Reports Q3 Results & Highlights

Matthew Rosen, New York, NY based Cloud Services Provider Fusion’s (NasdaqCM: FSNN) CEO stated with the release of their Q3 results, “Fusion continued to deliver solid financial performance during the third quarter of 2017, with nearly 40% growth in Business Services revenue and nearly 150% growth in Adjusted EBITDA, thanks to the contribution from the Apptix acquisition as well as solid sales bookings and installations, customer novations, and continued low churn. These results clearly demonstrate the power of our compelling strategy as the single source for the cloud. Since we announced our definitive agreement to acquire the Cloud and Business Services business of Birch in late August, both companies have been planning for the integration of our people, products, networks, and systems to ensure that the combined company – which will be one of the largest cloud services providers in North America – is positioned to begin realizing the benefits of the combination immediately after closing. We have also made substantial progress on the steps required to complete the transaction, including antitrust filings and filings with the FCC and a number of state regulatory agencies, and we expect to file the preliminary proxy this week. Given the upcoming holiday season, we believe that the process of obtaining regulatory approvals will take the close of the acquisition into the first quarter of 2018.”

Michael Bauer, Fusion’s CFO, stated, “We are very excited to complete the Birch transaction. The combined company is projected to have approximately $575 million in pro forma annual revenue and over $150 million in pro forma annual Adjusted EBITDA, including over $20 million in expected cost synergies.”

FSNN Reported the following Q3 Results & Highlights:

  • Fusion’s consolidated revenue grew 21% in Q3 2017 to $36.4 million, compared to $30.2 million in Q3 2016, due to an increase in the Company’s Business Services segment revenue. Business Services segment revenue grew 38% to $29.3 million, compared to $21.3 million in Q3 2016, primarily due to the acquisition of Apptix which closed in November 2016. Carrier Services segment revenue was $7.1 million, down 20% compared to $8.9 million in Q3 2016.
  • Consolidated gross margin was 45.7%, compared to 42.2% in Q3 2016. The increase was due to a higher mix of Business Services revenue, which generates a substantially higher margin than Carrier Services revenue, in 2017 as compared to 2016. Business Services gross margin was 55.5% in Q3 2017, compared to 58.0% in Q3 2016, primarily due to the addition of lower margin revenue from certain new customers the Company began servicing during the first half of 2017. Carrier Services gross margin was 5.0% compared to 4.3% in Q3 2016.
  • Net loss attributable to common shareholders in Q3 2017 was $(3.9) million, or ($0.18) per share on a basic and diluted basis, compared to net loss in Q3 2016 of $(3.4) million, or ($0.23) per share on a basic and diluted basis.
  • Adjusted EBITDA grew 147% to $4.2 million, compared to $1.7 million in Q3 2016, due primarily to revenue growth and a continued focus on cost controls.
  • Capital expenditures in Q3 2017 totaled $1.6 million, or 4.4% of revenue. Capital expenditures in the first nine months of 2017 totaled $3.9 million, or 3.6% of revenue.
  • Unlevered free cash flow was $2.6 million in Q3 2017, compared to $0.2 million in Q3 2016.
  • Cash at September 30, 2017, totaled $2.3 million, compared to $7.2 million at December 31, 2016. During 2017, the Company made $2.4 million in senior debt principal payments, and reduced its revolving credit facility balance by $1.5 million.
  • The Company’s $5.0 million revolving credit facility had an outstanding balance of $1.5 million at September 30, 2017, compared to $3.0 million outstanding at December 31, 2016.
  • Business Services segment revenue grew 38% year-over-year to $29.3 million, over 90% of which was recurring, and grew 10% year-over-year excluding the contribution from last year’s Apptix acquisition
  • Consolidated revenue grew 21% year-over-year to $36.4 million
  • Consolidated gross margin increased approximately 350 basis points to 45.7%, compared to 42.2% in Q3 2016
  • Net loss attributable to common shareholders totaled $(3.9) million, or $(0.18) per share on a basic and diluted basis in Q3 2017, compared to $(3.4) million, or $(0.23) per share on a basic and diluted basis in Q3 2016
    Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“Adjusted EBITDA”) grew 147% year-over-year to $4.2 million, and grew 13% sequentially (see definition and further discussion about the presentation of Adjusted EBITDA, a non-GAAP measurement, below)
    Unlevered Free Cash Flow, defined as Adjusted EBITDA less capital expenditures, was $2.6 million, compared to $0.2 million in Q3 2016
  • New monthly recurring revenue (“MRR”) bookings were approximately $296,000, up 8% year-over-year and up 13% sequentially, while the total contract value in backlog was $13.1 million at September 30, 2017
    Ended the quarter with approximately 13,300 Business Services customers with an average monthly revenue per customer (“ARPU”) of $731, compared to $568 at September 30, 2016
  • Monthly churn was 0.9% at the end of the quarter, compared to 1.1% at the end of Q3 2016
  • Announced the signing of a definitive agreement to acquire the Cloud and Business Services business of Birch Communications Holdings, Inc., and made significant progress toward obtaining the approvals and securing the capital required to complete the deal
  • Completed the formation of Fusion Global Services, a joint venture which combined Fusion’s Carrier Services division with the Carrier Services business of XComIP, LLC

To learn more about Fusion (NasdaqCM: FSNN) and stay abreast of its future developments please visit its Coverage Page at Vista Partners.

Fusion Reports Third Quarter 2017 Financial Results

NEW YORK, Nov. 13, 2017– Fusion, a leading cloud services provider, today announced financial results for the third quarter ended September 30, 2017….

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Cloud Solutions Provider Fusion (FSNN) Q3 2017 Financial Results Conference Call for Monday, Nov. 13

Fusion (FSNN), is a leading provider of integrated cloud solutions to small, medium and large businesses.  Fusion’s advanced, proprietary cloud services platform enables the integration of leading-edge solutions in the cloud, including cloud communications, contact center, cloud connectivity, and cloud computing. Fusion’s innovative cloud solutions lower their customers’ cost of ownership and deliver new levels of security, flexibility, scalability, and speed of deployment.

Fusion CEO Matthew Rosen and CFO Michael Bauer will host a conference call, followed by a question and answer period on Monday, November 13, 2017 at 4:30 p.m. ET to discuss its results for the third quarter ended September 30, 2017.

To access the call in US dial 1-888-857-6932 or if calling International the dial-in number is  1-913-312-1473. The Conference ID is 2969072.

Fusion Sets Third Quarter 2017 Financial Results Conference Call for Monday, November 13, 2017 at 4:30 p.m. ET

Fusion , a leading provider of cloud services, will hold a conference call on Monday, November 13, 2017 at 4:30 p.m. Eastern time to discuss its results for the third quarter ended September 30, 2017. …..

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