Actua Makes Announcement Regarding Release of Third Quarter 2017 Financial Results
October 23 2017 - 9:00AM
Actua Corporation (Nasdaq:ACTA) (“Actua” or “the Company”)
announced today that it will release third quarter 2017 financial
results after market close on Thursday, November 9, 2017.
On September 25, 2017, the Company announced that it had entered
into definitive agreements to sell its three majority-owned
businesses. In light of the pending sales, the Company will not
hold a conference call following the issuance of its third quarter
2017 financial results release on November 9, 2017. For more
information related to the transactions, please refer to the
company's filings with the Securities and Exchange Commission or
click here:
http://www.actua.com/investors/transaction-information/.
About Actua Actua Corporation (Nasdaq:ACTA),
the multi-vertical cloud company, brings the power of the cloud to
vertical markets and processes. Actua is pioneering the
second wave of the SaaS revolution - the vertical wave - by growing
cloud businesses that are transforming their markets. With
approximately 700 employees delivering unrivaled domain knowledge,
agility and responsiveness to our customers, Actua’s rapidly
growing vertical cloud businesses are positioned to lead this
wave. For the latest information about Actua and its brands,
please go to www.actua.com.
Safe Harbor Statement under Private
Securities Litigation Reform Act of 1995
The statements contained in this press release
that are not historical facts are forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements involve certain risks
and uncertainties, including, but not limited to, risks associated
with the failure of the transactions contemplated by either or both
of the agreements we have entered into for the sale of our three
majority-owned businesses to be consummated, our ability to compete
successfully in highly-competitive, rapidly-developing markets, the
valuation of public and private cloud-based businesses by analysts,
investors and other market participants, our ability to deploy
capital effectively and on acceptable terms, the effect of economic
conditions generally, capital spending by our customers, our
ability to retain existing customer relationships and revenue
streams and secure new ones, developments in the markets in which
we operate and our ability to respond to those changes in a timely
and effective manner, the availability, performance and security of
our cloud-based technology, particularly in light of increased
cybersecurity risks and concerns, our ability to retain key
personnel, our ability to successfully integrate any acquired
business, the impact of any potential acquisitions, dispositions,
share repurchases or other strategic transactions (including in
connection with the execution and consummation thereof), our
ability to have continued access to capital and to manage capital
resources effectively, our ability to satisfy the closing
conditions for the transactions described above, our ability to
monetize our remaining minority investments for sufficient value
and other risks and uncertainties detailed in Actua's filings with
the U.S. Securities and Exchange Commission. These and other
factors may cause actual results to differ materially from those
projected.
Investor inquiries:Karen
GreeneActua
Investor Relations610.727.6900IR@actua.com