Axia NetMedia will continue “robust” growth, says Cantor Fitzgerald Canada

axia netmedia

Look for continued growth when Axia NetMedia (TSX:AXX) reports later this week, says Cantor Fitzgerald analyst Justin Kew. On Thursday March 5th, Axia NetMedia will report its fourth quarter and fiscal 2014 results. Kew says he expects the company will post EBITDA of $8.4-million on revenue of $15.1-million, and he expects customer connection growth will […]

Enghouse Systems continues run of international acquisitions, buys CDRator A/S

esl chart

Enghouse System’s (TSX:ESL) remarkable run has been powered by acquisitions, often international in scope and executed at what prove to be bargain basement prices. Today, the company appears to have pulled another page from that playbook. Enghouse this morning announced it has acquired Danish mobile billing provider CDRator A/S for just over one times sales. […]

TECSYS gets price target raise to $11.00 at Cantor Fitzgerald Canada


After speculating late last month that TECSYS (TSX:TCS) could “double or triple” in the next three years, Cantor Fitzgerald Canada analyst Justin Kew has raised his price target on the stock. In a research update to clients following the company’s third quarter results, Kew maintained his “Buy” rating, but raised his one year target on […]

Mitel makes big acquisition, picks up 4G LTE player Mavenir

McBee: "I think one of the things we needed to do was to re-establish credibility. After the company IPO'd we missed the very first quarter's guidance, which was pretty tough. Over the past year, we have been really focused on being consistent, which we have delivered on. We have met or beat our revenue targets for the last four quarters."

After its fourth quarter results were greeted with a yawn by investors last week, Mitel (TSX:MNW, Nasdaq:MITL) today shook things up with a surprise acquisition. The company announced that it will acquire U.S-based 4G LTE player Mavenir (Nasdaq:MVNR) in a stock and cash deal worth about $560-million. “Mitel is a leader in enterprise and cloud […]

BioSyent is poised for a great 2015, says Cantor Fitzgerald Canada

Biosyent's leading brand is FeraMAX. It currently markets two formulations for the treatment of iron deficient anemia.

Investors should take advantage of recent softness in shares of BioSyent (TSXV:RX), says Cantor Fitzgerald Canada analyst Scott Curtis. Yesterday, BioSyent reported its fourth quarter and fiscal 2014 results. For the year, the company earned $3.15-million on revenue of $12.21-million, a topline that was up 57% year-over-year. “Two thousand fourteen marked our fifth consecutive year […]

Intertain Group gets price target raise at Mackie


Intertain Group (TSX:IT) still has big upside, says Mackie Research Capital analyst Nikhil Thadani. This morning, Intertain announced it had closed its previously announced subscription receipts offering. The company sold a total of 32.2-million subscription receipts at $15 each for aggregate gross proceeds of $483-million. The proceeds of the offering will be used to finance, […]

Mitel falls after record fourth quarter results

mitel office

Shares of Mitel (TSX:MNW), Nasdaq:MITL) are off today after the company released its fourth quarter and fiscal 2014 results. In the fourth quarter, the company earned (U.S.) $10.8-million on revenue of $301.4-million, compared to a loss of $2.8-million on a topline of $144.8-million in last year’s Q4. For the year, Mitel lost (U.S.) $7.3-million on […]

Kinaxis still has meaningful upside, says Cormark


Kinaxis (TSX:KXS) has nearly doubled since its IPO, but the stock still has big upside, says Cormark analyst Richard Tse. Yesterday, Kinaxis reported its fourth quarter and fiscal 2014 results. In Q4, the company posted Adjusted EBITDA of $3.8-million on revenue of $18.8-million, in line with Tse’s expectations. “In 2014, we delivered on our goal […]