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Presidio Inc (PSDO.OQ)

PSDO.OQ on NASDAQ Stock Exchange Global Select Market

14.16USD
16 Nov 2018
Change (% chg)

$0.73 (+5.44%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Presidio Announces Closing Of Secondary Common Stock Offering
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Presidio Inc ::PRESIDIO, INC. ANNOUNCES CLOSING OF SECONDARY COMMON STOCK OFFERING.  Full Article

Presidio Initiates Quarterly Cash Dividend And Negotiated Share Repurchase
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Presidio Inc ::PRESIDIO ANNOUNCES INITIATION OF QUARTERLY CASH DIVIDEND AND NEGOTIATED SHARE REPURCHASE.PRESIDIO INC - UNDER QUARTERLY CASH DIVIDEND PROGRAM, PRESIDIO WILL PAY A QUARTERLY CASH DIVIDEND OF $0.04 PER SHARE.PRESIDIO - APPROVED REPURCHASE OF 10.8 MILLION OF SHARES FROM FUNDS MANAGED BY AFFILIATES OF APOLLO GLOBAL MANAGEMENT FOR ABOUT $160 MILLION.PRESIDIO - INTENDS TO FINANCE SHARE REPURCHASE THROUGH INCURRENCE OF NEW INCREMENTAL TERM LOANS UNDER ITS EXISTING CREDIT AGREEMENT.PRESIDIO INC - SHARE REPURCHASE IS EXPECTED TO CLOSE ON SEPTEMBER 13.PRESIDIO INC - REPURCHASE IS EXPECTED TO DELIVER 7% EPS ACCRETION TO SHAREHOLDERS ON AN ANNUALIZED BASIS.PRESIDIO INC - REPURCHASE IS EXPECTED TO REDUCES AMOUNT OF PRESIDIO STOCK HELD BY FUNDS AFFILIATED WITH APOLLO BY 18.6%.  Full Article

Presidio Inc Q4 Earnings Per Share $0.15
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Presidio Inc ::PRESIDIO, INC. REPORTS FOURTH QUARTER AND YEAR-END FISCAL 2018 RESULTS.Q4 EARNINGS PER SHARE $0.15.Q4 REVENUE $766.3 MILLION VERSUS I/B/E/S VIEW $756.8 MILLION.Q4 EARNINGS PER SHARE VIEW $0.32 -- THOMSON REUTERS I/B/E/S.Q4 ADJUSTED PRO FORMA EARNINGS PER SHARE $0.34.SEES FY 2019 REVENUE $2.85 BILLION TO $2.9 BILLION.AS OF JUNE 30, 2018, CO HAD FIRM, EXECUTED BACKLOG OF $582 MILLION, UP 16% OVER PRIOR YEAR.PRESIDIO - BOARD'S INDEPENDENT COMMITTEE APPROVED REPURCHASE OF 10.8 MILLION SHARES FROM FUNDS AFFILIATED WITH APOLLO GLOBAL MANAGEMENT FOR ABOUT $160 MILLION.PRESIDIO - INTENDS TO FINANCE SHARE REPURCHASE THROUGH PROCEEDS FROM BORROWINGS OF INCREMENTAL TERM LOANS PURSUANT TO CO'S EXISTING CREDIT FACILITY.PRESIDIO - SHARE REPURCHASE TRANSACTION WITH APOLLO EXPECTED TO BE 7% ACCRETIVE TO PRO FORMA ADJUSTED EPS ON AN ANNUALIZED BASIS IN FISCAL 2019 YEAR.SEES FISCAL 2019 PRO FORMA DILUTED EPS GROWTH IN LOW DOUBLE DIGIT RANGE EXCLUDING ACCRETION FROM SHARE REPURCHASE.SEES FISCAL 2019 PRO FORMA DILUTED EPS GROWTH IN MID TO HIGH TEENS INCLUDING IMPACT OF SHARE REPURCHASE.  Full Article

Presidio Q3 Earnings Per Share $0.01
Thursday, 10 May 2018 

May 10 (Reuters) - Presidio Inc ::PRESIDIO, INC. REPORTS THIRD QUARTER FISCAL 2018 RESULTS.Q3 REVENUE $665.1 MILLION VERSUS I/B/E/S VIEW $699.2 MILLION.Q3 EARNINGS PER SHARE $0.01.Q3 EARNINGS PER SHARE VIEW $0.28 -- THOMSON REUTERS I/B/E/S.QTRLY PRO FORMA DILUTED EPS $ 0.28.FISCAL YEAR TOTAL REVENUE GROWTH IS EXPECTED TO BE IN LOW SINGLE-DIGIT RANGE.FISCAL YEAR PRO FORMA DILUTED EPS IS EXPECTED TO GROW IN MID TO HIGH SINGLE-DIGIT RANGE.FY2018 EARNINGS PER SHARE VIEW $1.32, REVENUE VIEW $2.92 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Presidio Files For Mixed Shelf Of Up To $200 Million
Thursday, 26 Apr 2018 

April 26 (Reuters) - Presidio Inc ::PRESIDIO INC FILES FOR MIXED SHELF OF UP TO $200 MILLION – SEC FILING.PRESIDIO INC SAYS IN ADDITION, SELLING STOCKHOLDERS MAY OFFER AND RESELL FROM TIME TO TIME UP TO AGGREGATE 60.4 MILLION SHARES OF CO'S COMMON STOCK.  Full Article

Presidio Announces Appointment Of Neil Johnston As CFO
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Presidio Inc ::PRESIDIO, INC. ANNOUNCES APPOINTMENT OF NEIL JOHNSTON AS CHIEF FINANCIAL OFFICER.PRESIDIO INC - NEIL JOHNSTON HAS BEEN APPOINTED CHIEF FINANCIAL OFFICER, EFFECTIVE IMMEDIATELY.PRESIDIO INC - JOHNSTON WILL SUCCEED PAUL FLETCHER, WHO HAS DECIDED TO RETIRE.PRESIDIO INC - FLETCHER WILL CONTINUE TO SERVE IN AN ADVISORY CAPACITY.  Full Article

Presidio Says On Jan 5, Units Entered Into Incremental Assumption Agreement, Amendment To Credit Agreement Dated As Of Feb 2, 2015
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Presidio Inc ::PRESIDIO SAYS ON JAN 5, UNITS ENTERED INTO INCREMENTAL ASSUMPTION AGREEMENT, AMENDMENT TO CREDIT AGREEMENT DATED AS OF FEB 2, 2015 - SEC FILING.PRESIDIO INC- PURSUANT TO AMENDMENT, UNITS REFINANCED ALL $576.6 MILLION OF TERM LOANS OUTSTANDING UNDER CREDIT AGREEMENT.PRESIDIO INC - PURSUANT TO AMENDMENT, UNITS BORROWED $140.0 MILLION OF INCREMENTAL TERM LOANS, IN EACH CASE WITH NEW TERM LOANS UNDER CREDIT AGREEMENT.PRESIDIO INC - PROCEEDS FROM NEW TERM LOANS WERE USED TO REFINANCE ALL OF THE EXISTING TERM LOANS.PRESIDIO INC- AMENDMENT PROVIDES MATURITY DATE OF FEBRUARY 2, 2024.PRESIDIO INC - PROCEEDS FROM NEW TERM LOANS WERE ALSO USED TO PAY REDEMPTION PREMIUM ON THE SENIOR NOTES, ACCRUED AND UNPAID INTEREST, AND OTHER FEES.PRESIDIO - PROCEEDS FROM NEW TERM LOANS ALSO USED TO REDEEM ALL OF $125.0 MILLION OUTSTANDING AMOUNT OF CO'S 10.25% SENIOR NOTES DUE 2023.  Full Article

Presidio Inc Says Priced A Proposed $741.6 Mln Term Loan B Facility
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Presidio Inc ::PRESIDIO, INC. ANNOUNCES PRICING OF TERM LOAN FACILITY.PRESIDIO INC - ANNOUNCED THAT ON DECEMBER 8, 2017 IT PRICED A PROPOSED $741.6 MILLION TERM LOAN B FACILITY.PRESIDIO INC - TO USE PROCEEDS, IN ADDITION TO CASH ON-HAND, TO REPAY ALL $601.6 MILLION OUTSTANDING UNDER ITS EXISTING TERM LOAN FACILITY.  Full Article

Presidio files for public offering of 8 mln shares of co's common stock by selling stockholder‍​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Presidio Inc :Files for public offering of 8 million shares of co's common stock by selling stockholder‍​ - SEC Filing.  Full Article

Presidio, Inc. reports first quarter Fiscal 2018 results
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Presidio Inc :Presidio, Inc. reports first quarter Fiscal 2018 results.Q1 Adjusted Pro Forma earnings per share $0.36.Q1 revenue $765 million versus I/B/E/S view $753.1 million.Q1 earnings per share view $0.32 -- Thomson Reuters I/B/E/S.Q1 earnings per share $0.21.Presidio Inc sees ‍fiscal 2018 total revenue growth of approximately 5.5%; Adjusted EBITDA margin in low 8% range​.  Full Article