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FTD Companies Inc (FTD.OQ)

FTD.OQ on NASDAQ Stock Exchange Global Select Market

1.68USD
11 Dec 2018
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Latest Key Developments (Source: Significant Developments)

FTD Companies Says On Sept 28 Entered Into Amendment To Its Existing Credit Agreement
Monday, 1 Oct 2018 

Oct 1 (Reuters) - FTD Companies Inc ::FTD COMPANIES - ON SEPT 28 ENTERED INTO AMENDMENT TO ITS EXISTING CREDIT AGREEMENT- SEC FILING.FTD - EXPECTS TO CONTINUE DISCUSSIONS WITH LENDERS TO ADDRESS ADDITIONAL COVENANT COMPLIANCE ISSUES THAT MAY ARISE DURING REMAINING TERM OF AGREEMENT.FTD COMPANIES - MODIFICATIONS TO CREDIT AGREEMENT INCLUDE BORROWERS' COMBINED USAGE WILL BE RESTRICTED TO $150 MILLION FROM MAY 31, 2018 TO SEPT 30, 2018.FTD COMPANIES - MODIFICATIONS TO CREDIT AGREEMENT INCLUDE BORROWERS' COMBINED USAGE TO BE RESTRICTED TO $155 MILLION FROM OCT 1, 2018 TO OCT 31, 2018.FTD COMPANIES - MODIFICATIONS TO CREDIT AGREEMENT INCLUDE BORROWERS' COMBINED USAGE TO BE RESTRICTED TO $175 MILLION FROM NOV 1, 2018 TO DEC 31, 2018.FTD COMPANIES - MODIFICATIONS TO CREDIT AGREEMENT INCLUDE BORROWERS' COMBINED USAGE WILL BE RESTRICTED TO $150 MILLION FROM JAN 1, 2019 TO SEPT 19, 2019.  Full Article

Ftd Companies QTRLY Loss Per Share $4.25
Wednesday, 8 Aug 2018 

FTD Companies Inc ::FTD COMPANIES, INC. ANNOUNCES SECOND QUARTER 2018 FINANCIAL RESULTS.SEES FY 2018 REVENUE $1.03 BILLION TO $1.04 BILLION.Q2 REVENUE $299.9 MILLION VERSUS $328.1 MILLION.QTRLY LOSS PER SHARE $4.25.  Full Article

FTD Companies Announces Review Of Strategic Alternatives
Thursday, 19 Jul 2018 

July 19 (Reuters) - FTD Companies Inc ::FTD COMPANIES, INC. ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES, CORPORATE RESTRUCTURING AND COST SAVINGS PLAN AND PRELIMINARY SECOND QUARTER FINANCIAL RESULTS.FTD COMPANIES INC - COMPANY PROVIDES UPDATE ON 2018 BUSINESS OUTLOOK.FTD COMPANIES INC - HAS RETAINED MOELIS & COMPANY LLC AS FINANCIAL ADVISOR TO ASSIST WITH ITS STRATEGIC ALTERNATIVES REVIEW.FTD COMPANIES INC - STRATEGIC ALTERNATIVES EXPECTED TO BE CONSIDERED INCLUDE, BUT ARE NOT LIMITED TO, A SALE OR MERGER OF COMPANY.FTD COMPANIES INC - FTD BOARD HAS APPOINTED SCOTT D. LEVIN AS INTERIM PRESIDENT AND CHIEF EXECUTIVE OFFICER.FTD COMPANIES INC - LEVIN SUCCEEDS JOHN C. WALDEN, WHO HAS STEPPED DOWN FROM POSITIONS AND FROM FTD'S BOARD OF DIRECTORS, EFFECTIVE IMMEDIATELY.FTD COMPANIES - UNDER RESTRUCTURING AND COST SAVINGS PLAN EXPECTS TO GENERATE ABOUT $18 MILLION TO $23 MILLION IN ANNUALIZED RUN-RATE COST SAVINGS IN 2019.FTD COMPANIES INC - EXPECTS TO INCUR PRE-TAX RESTRUCTURING AND CORPORATE REORGANIZATION COSTS IN SECOND HALF OF 2018.FTD COMPANIES INC - FTD'S BOARD OF DIRECTORS HAS NOT SET A DEFINITIVE TIMETABLE FOR PROCESS OF REVIEWING AND EVALUATING STRATEGIC ALTERNATIVES.FTD COMPANIES INC - SEES 2018 CONSOLIDATED REVENUES OF $1.03 BILLION TO $1.04 BILLION.FTD COMPANIES INC - Q2 PRELIM NET INCOME OF $1.5 MILLION TO $4.5 MILLION, COMPARED TO REPORTED NET INCOME OF $9.7 MILLION FOR Q2 LAST YEAR.FTD COMPANIES INC - SEES 2018 CAPITAL EXPENDITURES IN A RANGE OF $35 MILLION TO $40 MILLION.  Full Article

FTD Companies Says Appointed Steven Barnhart As CFO
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - FTD Companies Inc ::FTD COMPANIES INC APPOINTS STEVEN BARNHART, VETERAN FINANCIAL AND E-COMMERCE LEADER, AS CHIEF FINANCIAL OFFICER TO SUPPORT FUTURE GROWTH AND BUSINESS TRANSFORMATION.FTD COMPANIES INC - MOST RECENTLY BARNHART SERVED AS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF BANKRATE INC.  Full Article

FTD Companies announces third quarter results
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Ftd Companies Inc :FTD Companies, Inc. announces third quarter 2017 financial results.Q3 revenue $161.3 million versus I/B/E/S view $165.2 million.FTD Companies Inc qtrly loss per share $‍2.77​.FTD Companies Inc - ‍reiterating its outlook for full year 2017 consolidated revenues and capital expenditures​.  Full Article