BroadSoft Reports Third Quarter 2015 Financial Results

BroadSoft Reports Third Quarter 2015 Financial Results

GAITHERSBURG, MD — (Marketwired) — 11/04/15 — BroadSoft, Inc. (NASDAQ: BSFT), a leading global provider of Internet protocol-based, or IP-based, communications services to the telecommunications industry, today announced financial results for the quarter ended September 30, 2015.Total revenue increased 26% year-over-year to $69.1 millionGAAP gross profit equaled 67% of total revenue; non-GAAP gross profit equaled 74% of total revenueGAAP loss from operations totaled $(1.1) million or 2% of r

BroadSoft, Inc. Prices $175.0 Million Convertible Senior Note Offering

BroadSoft, Inc. Prices $175.0 Million Convertible Senior Note Offering

GAITHERSBURG, MD — (Marketwired) — 09/10/15 — BroadSoft, Inc. (NASDAQ: BSFT) announced today the pricing of its offering of $175.0 million aggregate principal amount of 1.00% convertible senior notes due 2022 (the "notes"). The notes will be sold in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The sale of the notes is expected to close on September 15, 2015, subject to custo

BroadSoft Announces Proposed Convertible Senior Note Offering

BroadSoft Announces Proposed Convertible Senior Note Offering

GAITHERSBURG, MD — (Marketwired) — 09/09/15 — BroadSoft, Inc. (NASDAQ: BSFT) today announced its intention to offer, subject to market and other conditions, $175.0 million principal amount of convertible senior notes due 2022 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"). BroadSoft also expects to grant the initial purchasers of the notes an option to purchase up

Lightower Closes Merger With Fibertech Networks to Double Its Network Reach and Strengthen Its Position in U.S. Networking Market

BOXBOROUGH, MA — (Marketwired) — 08/13/15 — , the premier provider of all-fiber, high-performance networking solutions delivered over our own network, announced today the closing of its $1.9 billion . The combined company elevates Lightower–s position in the telecommunications industry and further solidifies its leadership role in the U.S. fiber-networking market. The company offers best-in-class, all-fiber solutions combined with award-winning customer support across an expanded service ar

BroadSoft Reports Second Quarter 2015 Financial Results

BroadSoft Reports Second Quarter 2015 Financial Results

GAITHERSBURG, MD — (Marketwired) — 08/03/15 — BroadSoft, Inc. (NASDAQ: BSFT), a leading global provider of Internet protocol-based, or IP-based, communications services to the telecommunications industry, today announced financial results for the quarter ended June 30, 2015.Total revenue increased 23% year-over-year to $64.5 millionGAAP gross profit equaled 67% of total revenue; non-GAAP gross profit equaled 75% of total revenueGAAP loss from operations totaled $(9.3) million or 14% of reven

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