ABST - Absolute Software Corporation
After hours:
| Previous close | 11.12 |
| Open | 11.14 |
| Bid | 11.14 x 1100 |
| Ask | 11.30 x 900 |
| Day's range | 11.09 - 11.30 |
| 52-week range | 7.39 - 12.59 |
| Volume | |
| Avg. volume | 958,117 |
| Market cap | 593.884M |
| Beta (5Y monthly) | 0.56 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.50 |
| Earnings date | 21 Aug 2023 - 25 Aug 2023 |
| Forward dividend & yield | 0.24 (2.12%) |
| Ex-dividend date | 10 May 2023 |
| 1y target est | 13.50 |
ZacksZacks Industry Outlook Highlights Qualys and Absolute Software
Qualys and Absolute Software have been highlighted in this Industry Outlook article.
Zacks2 Security Stocks to Watch Amid the Industry Weakness
The Zacks Security industry participants like QLYS and ABST benefit from the current hybrid working trend and digital transformation wave despite growing global recessionary concerns amid ongoing macroeconomic headwinds and geopolitical issues.
- Reuters
Investor Edenbrook Capital says Absolute Software's take-private deal undervalues company
Edenbrook, which has a stake of 10.4% in Absolute Software, said on Thursday the "transaction is unfair to public shareholders". Last week, Absolute Software agreed to be bought by Crosspoint for $657 mln and said its shareholders will receive $11.50 per share in cash. Absolute Software and Crosspoint did not immediately respond to requests for comment.
ZacksAbsolute Software Corporation (ABST) Beats Q3 Earnings Estimates
Absolute Software Corporation (ABST) delivered earnings and revenue surprises of 10% and 1.72%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireAbsolute Software Reports Third Quarter Fiscal 2023 Financial Results
VANCOUVER, British Columbia & SAN JOSE, Calif., May 15, 2023--Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (the "Company"), the only provider of self-healing, intelligent security solutions, today announced its financial results for its third quarter fiscal 2023 ended March 31, 2023. All dollar figures are stated in U.S. dollars, unless otherwise indicated.
- Reuters
Canada's Absolute Software to be bought by Crosspoint Capital for $657 million
Shareholders of Absolute Software will receive $11.5 per share in cash, representing a premium of 34% to the U.S.-listed stock's last close, the company said. Crosspoint Capital, which has invested in McAfee and Forescout, focuses on cybersecurity, privacy and infrastructure software sectors.
- Business Wire
Absolute Software to be Acquired by Crosspoint Capital Partners for Enterprise Value of US$870 Million
VANCOUVER, British Columbia & SAN JOSE, Calif., May 11, 2023--Absolute Software™ ("Absolute" or the "Company") (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has entered into an Arrangement Agreement with funds affiliated with Crosspoint Capital Partners, L.P. ("Crosspoint"), (the "Arrangement Agreement") whereby Crosspoint has agreed to acquire all of the issued and outstanding common shares (the "Common Shares") of the Company
Business WireAbsolute Software Named Winner of Three Global InfoSec Awards during RSA Conference 2023
SAN FRANCISCO, April 25, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company has won three awards from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine:
Business WireNew Research From Absolute Software Underscores Security and Compliance Challenges Remain Across Distributed Workforces
VANCOUVER, British Columbia & SAN JOSE, Calif., April 24, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced new research revealing the increasing complexity in enterprise device environments, including operating system (OS) fragmentation and volume of applications, is impacting security and compliance posture.
Simply Wall St.Absolute Software (TSE:ABST) Is Paying Out A Dividend Of $0.08
Absolute Software Corporation ( TSE:ABST ) will pay a dividend of $0.08 on the 24th of May. The dividend yield will be...
Business WireAbsolute Software Declares Quarterly Dividend, Will Report Third Quarter Fiscal 2023 Financial Results on May 15, 2023
VANCOUVER, British Columbia & SAN JOSE, Calif., April 19, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on May 24, 2023 to shareholders of record at the close of business on May 11, 2023.
Business WireAbsolute Software Announces Workforce Restructuring
VANCOUVER, British Columbia & SAN JOSE, Calif., April 06, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) (the "Company"), the only provider of self-healing, intelligent security solutions, announced today that on April 4, 2023, the Company effected a restructuring plan (the "restructuring") to lower the Company’s operating expenses. Pursuant to the restructuring, the Company reduced overall headcount by approximately 40 people, which represents approximately 5 percent of total employees, an
Business WireAbsolute Software Now Available through SHI’s NASPO ValuePoint Contract
VANCOUVER, British Columbia & SAN JOSE, Calif., April 04, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company has been added to the multi-year NASPO ValuePoint Cloud Solutions contract held by SHI. The addition to this contract enables SHI and its reseller partners to provide Absolute Secure Endpoint and Absolute Secure Access to participating States, Local Governments, and Educational (SLED) institut
Business WireAbsolute Software Named Gold Winner in 2023 Cybersecurity Excellence Awards
VANCOUVER, British Columbia & SAN JOSE, Calif., March 20, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has been named a gold winner in the 2023 Cybersecurity Excellence Awards, with Absolute Ransomware Response recognized as an industry-leading Endpoint Security product.
- Simply Wall St.
Investors in Absolute Software (TSE:ABST) have made a respectable return of 82% over the past five years
While Absolute Software Corporation ( TSE:ABST ) shareholders are probably generally happy, the stock hasn't had...
Business WireAbsolute Software Expands Application Resilience Ecosystem with Latest Product Update
VANCOUVER, British Columbia & SAN JOSE, Calif., March 09, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the continued expansion of the Absolute Application Resilience™ ecosystem with the company’s latest product release. Joint customers can now leverage Absolute’s patented Persistence® technology, and unbreakable device connection, to strengthen the health and resiliency of more than 70 mission-critical sec
ZacksImplied Volatility Surging for Absolute Software (ABST) Stock Options
Investors need to pay close attention to Absolute Software (ABST) stock based on the movements in the options market lately.
Business WireAbsolute Software to Present at Raymond James Annual Institutional Investors Conference
VANCOUVER, British Columbia & SAN JOSE, Calif., March 01, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company will present at the Raymond James 44th Annual Institutional Investors Conference on Wednesday, March 8, 2023 at 11:35 am Eastern Time.
- Simply Wall St.
Estimating The Fair Value Of Absolute Software Corporation (TSE:ABST)
Today we will run through one way of estimating the intrinsic value of Absolute Software Corporation ( TSE:ABST ) by...
Motley FoolWhy Absolute Software Plummeted Today
Shares of Absolute Software (NASDAQ: ABST) were down about 17% as of 11:24 a.m. EDT today following the company's quarterly earnings release last night. The small-cap cybersecurity platform reported numbers that might be seen as solid in an absolute sense but came in well short of analyst expectations. In the quarter that ended in December, Absolute grew adjusted revenue by 9.1% over the prior year to $57.7 million, missing expectations by $1.64 million.
ZacksAbsolute Software Corporation (ABST) Reports Q2 Loss, Lags Revenue Estimates
Absolute Software Corporation (ABST) delivered earnings and revenue surprises of -244.44% and 4.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Business WireAbsolute Software Reports Second Quarter Fiscal 2023 Financial Results
VANCOUVER, British Columbia & SAN JOSE, Calif., February 14, 2023--Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (the "Company"), the only provider of self-healing, intelligent security solutions, today announced its financial results for its second quarter fiscal 2023 ended December 31, 2022. All dollar figures are stated in U.S. dollars, unless otherwise indicated.
Business WireAbsolute Software and Appurity Enable a Secure, Reliable Work-from-Anywhere Experience for Law Firm Harbottle & Lewis LLP
VANCOUVER, British Columbia & SAN JOSE, Calif., February 09, 2023--Absolute Software™, (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, in partnership with Appurity, has enabled UK-based law firm Harbottle & Lewis LLP to optimize and secure their work-from-anywhere experience with Absolute Secure Access.
Business WireAbsolute Software Announces New ISVs Leveraging Application Persistence-as-a-Service
VANCOUVER, British Columbia & SAN JOSE, Calif., February 02, 2023--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced new commercial agreements with Aranda Software and IMTLazarus to provide Absolute Application Persistence-as-a-Service (APaaS), enabling them to strengthen solution resiliency. As APaaS ecosystem partners, these leading software providers are leveraging Absolute’s firmware-embedded Persistence® technol
Business WireAbsolute Software to Report Second Quarter Fiscal 2023 Financial Results on February 14, 2023
VANCOUVER, British Columbia & SAN JOSE, Calif., January 31, 2023--Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced that the company will release its financial results for its second quarter fiscal 2023 ended December 31, 2022 on Tuesday, February 14, 2023 after the financial markets close.