QUOTE AND NEWS
Benzinga  Sep 24  Comment 
SMART Technologies ULC today announced the filing of a patent infringement complaint in the Netherlands before the District Court of The Hague against CTOUCH EUROPE B.V. for infringement of SMART's European Patents EP 1 739 528 and EP 1 420 335 by...
SeekingAlpha  Sep 13  Comment 
By Ugly Duckling: A Company In Decline About a year ago I wrote an article presenting the short case for a company called Smart Technologies (NASDAQ:SMT). While the stock is down almost 50% since then, I see more suffering for shareholders in...
SeekingAlpha  Aug 8  Comment 
SMART Technologies Inc (NASDAQ:SMT) Q1 2015 Earnings Conference Call August 7, 2014 4:30 PM ET Executives Ken Wetherell – Investor Relations Neil Gaydon – President and Chief Executive Officer Kelly Schmitt – Vice...
SeekingAlpha  Jul 30  Comment 
By Early Retiree: SMT Scharf (OTC:SMTAF) is a German mining equipment manufacturer with 90% of its revenues coming from abroad. The company has an enterprise value of about €80 million and is the global market and technology leader for...
newratings.com  Jul 7  Comment 
Summit Corporation plc ('Summit' or the 'Company') SUMMIT PRESENTS NEW DATA FROM PHASE 1B CLINICAL TRIAL OF SMT C1100 FOR TREATMENT OF DMD AT INTERNATIONAL CONFERENCE * Reduction observed in enzyme levels associated with...
newratings.com  May 21  Comment 
Summit Corporation plc ('Summit' or 'the Company') SUMMIT REPORTS PRELIMINARY RESULTS FROM PHASE 1B CLINICAL TRIAL OF SMT C1100 FOR DUCHENNE MUSCULAR DYSTROPHY * Safe and well tolerated at all doses tested in the study *...
Benzinga  May 16  Comment 
In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on SMART Technologies (NASDAQ: SMT). In the report, Morgan Stanley noted, “F4Q14 non-GAAP revenue beat our expectations as the market for...
TheStreet.com  May 16  Comment 
NEW YORK (TheStreet) -- Smart Technologies shares are dropping in pre-market trading today, down -4.7% to $4.05, following the release of the company's fourth quarter earnings results.The interactive technology producer reported adjusted revenue...




 
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SMART Technologies (SMT) (NASDAQ:SMT) designs interactive technology products, and its leading product is the SMART board for the education sector. It produced the first interactive white board in the world and has sold over 1.6 million worldwide. [1]

Hardware and software technology spending in the education sector has grown. Gartner, a market research firm, has estimated that spending in this sector will grow from $16.5 billion in 2009 to $18.6 billion in 2012. Futuresource consulting, a market research firm, estimates the market for interactive whiteboards to be $1.1 billion in 2009 and grow to $1.8 billion in 2012, a 19.5% CAGR. [1]

The company's initial public offering of stock filed on the NASDAQ with an initial price range of $16.00 - $18.00. The company plans to raise $600 million by offering 35.5 million shares. [1]

For the FY2009 with year ended 31 March 2010, the company had $648.0 million in revenue, up 38.4% from $468.2 million in revenue for FY2008. Furthermore, the company had $142.0 million in net income for FY2009, an increase from a net loss of $106.6 million for FY2008. [1]

References

  1. 1.0 1.1 1.2 1.3 SMART Technologies
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