QUOTE AND NEWS
SeekingAlpha  Jul 1  Comment 
By Emerging Growth: Voltari Corporation (VLTC) is a New York based mobile marketing and advertising solutions provider. The company focuses on providing efficient relevancy based mobile ads for its customers. It has proprietary platforms which use...
StreetInsider.com  Mar 26  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/Motricity+%28MOTR%29+CFO+Resigns/8213051.html for the full story.
StreetInsider.com  Dec 24  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Motricity+%28MOTR%29+Seen+Lower+After+AT%26T+%28T%29+Terminates+Agreement/7968913.html for the full story.
Benzinga  Nov 25  Comment 
Below are highlights from Benzinga's daily coverage of small cap securities making big moves: Astrotech Corporation Shares of Astrotech Corporation (NASDAQ: ASTC), the Austin, TX commercial aerospace company, rose 17% Friday on higher than...
Cellular News  Nov 16  Comment 
Mobile advertising agency, Motricity has lost its interim CEO, Jim Smith, seemingly with immediate effect. Click here for more.
Benzinga  Nov 16  Comment 
On November 15, 2012, Motricity (NASDAQ: MOTR) and Jim Smith, the Interim Chief Executive Officer, ended Mr. Smith's employment with Motricity. Mr. Smith's duties will be assumed by a team of current Motricity executive officers. Richard...
StreetInsider.com  Nov 1  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Motricity%2C+Inc.+%28MOTR%29+Posts+Q1+EPS+of+1c/7833161.html for the full story.
market folly  Oct 22  Comment 
Corporate activist Carl Icahn has filed a 13D with the SEC regarding shares of Motricity (MOTR).  Per the filing, Icahn now owns a 30.73% ownership stake in the company with 17,466,277 shares. This marks a 158% increase in the amount of shares...
Benzinga  Oct 13  Comment 
Below are highlights from Benzinga's daily coverage of small cap and microcap securities making big moves: Motricity Shares of Motricity (NASDAQ: MOTR), the Bellevue, WA provider of relevance-driven mobile merchandising, marketing, and...
Benzinga  Oct 11  Comment 
Motricity, Inc. (Nasdaq: MOTR) today announced the results of its previously announced rights offering (the "Rights Offering"). Pursuant to the Rights Offering, on July 23, 2012, the Company distributed 46,163,685 subscription rights to the...




 
TOP CONTRIBUTORS

Motricity (MOTR) (NASDAQ:MOTR) is a web-based mobile data services provider for wireless carriers. It offers services to access the internet using mobile phones, helps market and distribute mobile content and application, messaging services and billing. Its top customers are Verizon Wireless, AT&T, Sprint and T-Mobile USA. Since 2005, Motricity has helped carriers create $2.5 billion in gross revenue. [1]

The industry of mobile data has rapidly evolved in recent years. Due to the demand for mobile content and each mobile device having different operating systems, the wireless data market has become increasingly complex. Furthermore, non-carrier companies like Apple and Google have entered the market to possibly take away market share for mobile data services. [1]

The company's initial public offering of stock filed on the NASDAQ and went public on 18 June 2010. The company's stock priced at $10.00, the low end of the price range $10.00-$11.00. The company offered 5.0 million shares to raise $50 million. [1]

For the FY2009 with year ended 31 December 2009, the company had $113.7 million in total revenue, up 10.2% from $103.2 million in total revenue for FY2008. Furthermore, the company had a net loss of $16.3 million from FY2009, an increase from a net loss of $100.5 million from FY2008. The revenue mix includes 71.6% in managed services and 28.4% in professional services. [1]

References

  1. 1.0 1.1 1.2 1.3 Motricity S-1/A
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki