Pegasystems Announces Financial Results for First Quarter of 2014

GAAP License Revenue Increases 22% in the First Quarter of 2014; Q1'14 GAAP EPS of $0.12; Q1'14 Non-GAAP EPS of $0.20 Increases 18% Over Q1'13

Pegasystems Inc. (NASDAQ: PEGA), the software company powering the digital enterprise with Better Business Software®, today announced results for its first quarter ended March 31, 2014.

"Pegasystems kicked off 2014 with a strong first quarter," said Alan Trefler, Founder and CEO of Pegasystems. "With license revenue growing at 22% on a year-over-year basis, it is clear that the Pega 7 Build for Change®  platform is continuing to gain adoption as our clients realize the value of improved customer engagements, simplified processes, and the ability to adapt and change their businesses to meet the needs of today's dynamic and challenging business world."

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Dex Media Announces First Quarter 2014 Earnings

Dex Media, Inc. (DXM), one of the largest national providers of social, local and mobile marketing solutions through direct relationships with local businesses, today announced financial results for the first quarter 2014.

  • Improvement in the multi-product advertising sales² trend due primarily to digital growth
  • Stable margin results
  • Strong cash flow allowed the pay down of $74M of bank debt in the quarter
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Staples Enters into Agreement to Acquire PNI Digital Media in Cash Transaction for CDN$1.70 Per Share (Approx CDN$73.9 million)

FRAMINGHAM, Mass. & VANCOUVER, British Columbia-- Staples, Inc. (SPLS) (“Staples”) and PNI Digital Media (PN.TO) (PNDMF) (“PNI”) , a leading innovator in digital media solutions for retailers, today announced that they have reached an agreement for Staples to acquire PNI for CDN$1.70 per share, representing a net equity value of approximately CDN$73.9 million.

The purchase share price represents a premium of 31.8% over the closing price of CDN$1.29 of the PNI shares on May 2, 2014 on the Toronto Stock Exchange (the “TSX”) and a premium of 28.9% over the 30 day volume weighted average price of the PNI shares on the TSX for the period ended May 2, 2014.

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CallidusCloud Reports Record Q1 Revenue of $31.0 Million, a 21% Year-Over-Year Increase

Generates $5.5 Million in Cash From Operations in First Quarter

PLEASANTON, CA- - Callidus Software Inc. (NASDAQ: CALD), a leading provider of Cloud sales and marketing effectiveness software, today announced financial results for the first quarter ended March 31, 2014.

"Q1 was a great start to 2014. We had record all time revenue, our margins expanded and we saw another consecutive quarter of Non-GAAP net income," said Leslie Stretch, President and CEO of CallidusCloud. "We had strong new business wins driven by customers calling time on expensive point solutions. The Lead to Money cloud is proving to be a compelling option for companies who want integrated marketing and sales automation."

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Marchex Announces Record First Quarter Results

Company Reports Record Call-Driven Revenue and Growth

Marchex, Inc. (MCHX), a mobile advertising technology company, today announced its financial results for the first quarter ended March 31, 2014.

“As the first quarter demonstrates, advertisers are increasingly turning to Marchex as they begin to boost spending in mobile performance advertising,” said Russell Horowitz, Chairman and CEO of Marchex. “With the rapid adoption of mobile, consumer phone calls are fast-becoming one of the most important outcomes of mobile ad campaigns. Advertisers now want a better understanding of these over-the-phone interactions. Marchex is ideally positioned to meet this new and growing market, based on our early investment in our Call Analytics technology platform and pay-for-call marketplace.”

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