Collaboration reinforces Barracuda’s strategy for working with AWS to make solutions available to customers in new ways CAMPBELL, Calif., July 16, 2024 /PRNewswire/ — Barracuda Networks, Inc., a trusted partner and leading provider of cloud-first security solutions, has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). The SCA will help provide new flexibility and simplicity for Barracuda’s customers in licensing, procurement, and deployment. It includes significant investments in marketing development funds, proof of concept funding, and Independent Software Vendor (ISV) workload migration funding. The SCA also enables Barracuda to leverage its partner-only focus and the wide range of Barracuda security solutions available…
Author: PRNEWSWIRE
NEW YORK, July 16, 2024 /PRNewswire/ — Squarespace, Inc. (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, will report its financial results for the second quarter ended June 30, 2024, before market open on Friday, August 2, 2024. As a result of the previously announced definitive agreement to go private with Permira, Squarespace will not host an earnings conference call or live webcast to discuss its second quarter 2024 financial results. About SquarespaceSquarespace (NYSE: SQSP) is a design-driven platform helping entrepreneurs build brands and businesses online. We empower millions in more than 200 countries and territories with all the tools they need…
JACKSONVILLE, Fla., July 16, 2024 /PRNewswire/ — Acosta Group announced today that it has completed its strategic acquisition of CROSSMARK, including its headquarter sales agency and retail solutions businesses, and Product Connections, a specialized marketing services business, from WIS International. This latest milestone in Acosta Group’s ongoing transformation reinforces its position as the premier growth engine for brands – ranging from emerging to iconic – across all channels. The agreement to acquire these agencies was announced in May. “We are thrilled to welcome CROSSMARK and Product Connections to our industry-leading collective,” said Brian Wynne, President and CEO of Acosta Group, who continues in his leadership role…
COLLEGE PARK, Md., July 16, 2024 /PRNewswire/ — As robust as artificial intelligence (AI) capabilities have become, it is still very much in its infancy. With governments formulating strategies for AI regulations, the onus is on U.S. businesses to successfully adapt to AI policies as they emerge, says Research Professor Kislaya Prasad at the University of Maryland’s Robert H. Smith School of Business. As academic director of the school’s Center for Global Business, Prasad surveyed 885 U.S. business executives and middle managers from for-profit companies. Published as “AI Use and Regulation: A Survey of U.S. Business Executives,” the findings shed light on executive sentiments, revealing both the concerns and support…
Revenue of $3.9 billion, with organic growth of 5.2% Net income of $328.1 million Diluted earnings per share of $1.65; $1.95 Non-GAAP adjusted Non-GAAP adjusted EBITA of $589.6 million and 15.3% margin NEW YORK, July 16, 2024 /PRNewswire/ — Omnicom (NYSE: OMC) today announced results for the quarter ended June 30, 2024. “Our 5.2% organic growth in the second quarter drove solid growth in adjusted EBITA & EPS, with good performance in our larger markets and disciplines,” said John Wren, Chairman and Chief Executive Officer of Omnicom. “With the rapid adoption of Gen AI, creativity and talent matter more than ever to address the breadth and complexity of consumers. To serve our clients…
VANCOUVER, BC, July 16, 2024 /PRNewswire/ – Today, Unbounce, the global leader in landing page creation and optimization software, announced that it has combined forces with Insightly, a leading all-in-one provider of customer relationship management (CRM), marketing automation, and customer success software. This merger will allow Unbounce to leverage first-party CRM data to move marketers forward with more comprehensive metrics that are vital to their roles – revenue and lifetime value data. The injection of AI expertise from the Unbounce team will allow the Insightly platform to accelerate the application of AI and machine learning throughout the platform to better empower salespeople…
SEATAC, Wash., July 16, 2024 /PRNewswire/ — Business Development Resources, Inc. (“BDR” or the “Company”), a leading business coaching and training organization to field services contractors and distributors, announced today its partnership with Southfield Capital, a premier lower middle market private equity firm. As part of Southfield’s investment in BDR, the Company simultaneously acquired BxB Media, a full-service marketing agency supporting similar field services contractors. BDR’s owner, Bruce Wiseman, will continue in his existing capacity as CEO. BDR provides business coaching and training to field services contractors and distributors. The Company helps founder-owned services businesses build sustainable companies through a broad portfolio of…
MIAMI, July 16, 2024 /PRNewswire/ – Avulux, the innovator behind the only clinically proven lens that blocks the harmful light wavelengths linked to migraine attacks, today announced that Brant Southwell has joined the company as Chief Commercial Officer. In this role, Mr. Southwell will be responsible for leading Avulux’s business-to-business commercial strategy including sales, account management, strategic partnerships, distribution, professional development, and marketing integration. “I’m absolutely thrilled to be part of the team bringing a first-of-its-kind, clinically proven migraine and light sensitivity lens to the market in a big way,” said Mr. Southwell. “Avulux is having a truly transformational impact on the standard of…
NEW YORK, July 16, 2024 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its second quarter 2024 business and financial results on Tuesday, August 6, 2024, before the market opens. The company will host a conference call at 8:30 a.m. ET to discuss the results. The conference call is being webcast live and can be accessed by either visiting the Company’s website at https://investor.shutterstock.com or clicking here for direct access. The webcast is listen-only. A webcast replay of the call will be available on the Company’s website on the same day at approximately 10:30 a.m. ET.…
Generated positive operating leverage; grew NII and NIM; maintained 2.5% SCB requirementIncreased quarterly common stock dividend 5 cents to $1.60 per share on July 2, 2024 PITTSBURGH, July 16, 2024 /PRNewswire/ — The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarterIn millions, except per share data and as noted2Q241Q242Q23Second Quarter HighlightsFinancial ResultsComparisons reflect 2Q24 vs. 1Q24Net interest income (NII)$ 3,302$ 3,264$ 3,510Income StatementNoninterest income2,1091,8811,783▪ Generated positive operatingleverage; PPNR increased 13%Revenue5,4115,1455,293Noninterest expense3,3573,3343,372▪ Revenue increased 5%Pretax, pre-provision earnings (PPNR) (non-GAAP)2,0541,8111,921– NII and NIM increasedProvision for credit losses235155146▪ Noninterest expense increased 1%Net income1,4771,3441,500▪ Gain on Visa share exchange of$754 million substantially offset by other significant items, resulting in a9 cent…