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BroadSoft Inc. [A Cisco company]
Type
Public
Traded as NASDAQ: BSFT
Industry Communication software
Founded 1998; 19 years ago (1998)
Headquarters Gaithersburg, Maryland, United States
Revenue $278 Million(As of 2015)
Website https://www.cisco.com

BroadSoft, Inc. (NASDAQ: BSFT) is a global communication software and service provider with over 500 customers worldwide supporting millions of subscribers. The company provides cloud-based Unified Communications solutions to communications service providers, based on their UC-One solution which consists of two product platforms, BroadWorks and BroadCloud. In 2013 the company acquired the British company Hosted IP Communications (Europe) Ltd. (HIPCOM) and the German company Finocom AG, both providers of cloud-delivered unified communications services.

The company was founded by Michael Tessler and Scott D. Hoffpauir in 1998. The products and services of the company play a critical part in the network by serving as the software which delivers and coordinates call control and information transmission over service providers’ IP-based network. Its products include BroadWorks and BroadCloud. The company’s flagship product, BroadWorks, is a Voice over Internet Protocol (VoIP) applications platform that enables service providers to deliver basic and enhanced voice services for business and residential end users. - See more at: http://www.broadsoft.com/service-providers/products-applications/broadworks/#sthash.BkrN9LWt.dpuf. BroadCloud is a fully managed service that delivers BroadSoft’s comprehensive Unified Communications services. - See more at: http://www.broadsoft.com/service-providers/products-applications/broadcloud/#sthash.8QiU844g.dpuf In 2014, the company was selected as the supplier of Sprint Corporation (NASDAQ: S) for its next generation multimedia system-based network and VoLTE development.

On May 31, 2016 BroadSoft, Inc. announced the acquisition of Reston, Virginia-based Intellinote, an enterprise messaging-based team communication and collaboration software application built for the increasingly mobile and millennial workforce.

Broadsoft has been acquired by Cisco at an aggregate purchase price of approximately $1.9 billion net of cash on October 23, 2017.

In 2013, the company received Frost & Sullivan 2013 New Product Innovation Leadership Award for its hosted unified communication platform product. In the same year, thanks to its unified communication platform, UC-one, it won the People's Choice Stevie Award in the 11th American Business Award Competition. UC-one was listed in "Favorite Telecommunications Service" list.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2018 2018-05-02 Future report Set alerts
Q4 2017 2018-02-21 Future report Set alerts
Q3 2017 2017-11-06 0.38 -0.09
Q2 2017 2017-08-07 0.40 -0.10
Q1 2017 2017-05-01 0.19 -0.35
Q4 2016 2017-02-23 0.91 0.19
Q3 2016 2016-10-31 0.52 -0.02
Q2 2016 2016-08-01 0.49 -0.10
Q1 2016 2016-05-02 0.37 -0.05
Q4 2015 2016-02-29 1.04 0.39

Ratings

2016-07-06 Reiterated Rating Jefferies Group Buy
2016-06-15 Reiterated Rating William Blair Buy
2016-05-31 Reiterated Rating William Blair Buy
2016-05-03 Reiterated Rating Jefferies Group Buy
2016-05-02 Reiterated Rating William Blair Buy
2016-04-29 Boost Price Target Dougherty & Co Buy $45.00 to $47.00
2016-04-27 Reiterated Rating Jefferies Group Buy
2016-04-14 Reiterated Rating Deutsche Bank Hold $33.00
2016-04-14 Reiterated Rating Deutsche Bank AG Hold $33.00
2016-03-01 Boost Price Target Northland Securities Market Perform $36.00 to $40.00
2016-03-01 Reiterated Rating William Blair Outperform
2016-03-01 Reiterated Rating Needham & Company LLC Buy $42.00 to $48.00
2016-02-08 Reiterated Rating William Blair Outperform
2016-01-20 Upgrade Wells Fargo Market Perform to Outperform
2016-01-20 Upgrade Wells Fargo & Co. Market Perform to Outperform
2015-12-21 Reiterated Rating William Blair Buy
2015-11-05 Boost Price Target Deutsche Bank Hold $30.00 to $33.00
2015-11-05 Reiterated Rating Jefferies Group Buy $41.00 to $48.00
2015-11-04 Reiterated Rating Needham & Company LLC Buy $40.00 to $42.00
2015-10-18 Reiterated Rating Deutsche Bank Hold $30.00
2015-09-22 Reiterated Rating Cowen and Company Buy
2015-09-18 Reiterated Rating William Blair Outperform
2015-09-14 Reiterated Rating Needham & Company LLC Buy $40.00
2015-05-09 Reiterated Rating Jefferies Group Buy to Positive $37.00 to $41.00
2015-05-09 Reiterated Rating Cowen and Company Outperform $36.00 to $48.00
2015-05-05 Boost Price Target Deutsche Bank Hold $27.00 to $30.00
2015-05-05 Boost Price Target Needham & Company LLC Buy $36.00 to $40.00
2015-02-26 Boost Price Target Needham & Company LLC Buy $30.00 to $36.00
2015-02-26 Boost Price Target Jefferies Group Buy $33.25 to $37.00
2015-02-26 Boost Price Target Deutsche Bank Hold $24.00 to $27.00
2015-02-26 Boost Price Target Dougherty & Co Buy $32.00 to $38.00
2015-01-06 Downgrade Goldman Sachs Buy to Neutral $31.00
2015-01-06 Downgrade Goldman Sachs Group Inc. Buy to Neutral $31.00
2014-11-05 Upgrade Raymond James Outperform to Strong-Buy
2014-11-05 Upgrade Raymond James Financial Inc. Outperform to Strong-Buy
2014-09-16 Initiated Coverage RBC Capital Outperform $48.00
2014-09-16 Initiated Coverage Royal Bank Of Canada Outperform $48.00
2014-08-05 Reiterated Rating Deutsche Bank Hold $20.00 to $22.00
2014-08-05 Boost Price Target Needham & Company LLC Buy $28.00 to $29.00
2014-08-05 Reiterated Rating Jefferies Group Buy $29.00 to $33.25
2014-05-06 Reiterated Needham Buy $36 to $28
2014-05-06 Lower Price Target Jefferies Group Buy $38.00 to $29.00
2014-05-06 Upgrade Morgan Stanley Market Perform to Outperform $24.00
2014-05-06 Lower Price Target Deutsche Bank Hold $28.00 to $20.00
2014-05-06 Lower Price Target Needham & Company LLC Buy $36.00 to $28.00
2014-05-06 Lower Price Target Northland Securities Market Perform $32.00 to $24.00
2014-05-06 Upgrade Cowen and Company Market Perform to Outperform $27.00
2014-05-06 Upgrade Raymond James Market Perform to Outperform $24.00
2014-03-12 Boost Price Target Goldman Sachs Buy $33.00 to $36.00
2014-03-03 Boost Price Target Needham & Company LLC $33.00 to $36.00
2014-01-30 Initiated Dougherty & Company Buy $36
2014-01-30 Initiated Coverage Dougherty & Co Buy $36.00
2014-01-30 Boost Price Target Needham & Company LLC $33.00
2014-01-21 Initiated Coverage Mizuho Buy $36.00
2013-12-06 Resumed Northland Capital Market Perform $32
2013-12-06 Initiated Coverage Northland Securities Market Perform $32.00
2013-11-05 Downgrade Pacific Crest Outperform to Sector Perform
2013-11-05 Lower Price Target Wedbush Neutral $35.00 to $29.00
2013-11-05 Lower Price Target Needham & Company LLC Buy $34.00 to $30.00
2013-11-05 Lower Price Target Cowen and Company Market Perform $30.00 to $27.00
2013-11-05 Reiterated Rating Wells Fargo & Co. Hold $33.00
2013-11-05 Lower Price Target Deutsche Bank Hold $28.00 to $26.00
2013-11-05 Reiterated Rating Wells Fargo Hold $33.00
2013-10-08 Reiterated Rating Wells Fargo & Co. Hold $33.00
2013-10-08 Boost Price Target Wedbush Neutral $30.00 to $35.00
2013-10-08 Reiterated Rating Wells Fargo Hold $33.00
2013-05-07 Reiterated Mizuho Neutral $25 to $28
2013-02-28 Downgrade Oppenheimer Outperform to Perform
2013-02-28 Downgrade Northland Capital Outperform to Market Perform $41 to $28
2013-02-28 Downgrade Mizuho Buy to Neutral
2012-11-05 Reiterated Mizuho Buy $39 to $44
2012-10-19 Upgrade Oppenheimer Perform to Outperform $44
2012-08-07 Reiterated Northland Securities Outperform $34 to $39
2012-08-07 Reiterated Mizuho Buy $35 to $39
2012-06-08 Reiterated Mizuho Buy $54 to $35
2016-07-06 Reiterated Rating Jefferies Group Buy
2016-06-15 Reiterated Rating William Blair Buy
2016-05-31 Reiterated Rating William Blair Buy
2016-05-03 Reiterated Rating Jefferies Group Buy
2016-05-02 Reiterated Rating William Blair Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Wyatt Andrew C. Vice President, Strategy 0.06%  (17500) BSFT /
ILL Charles L 0.06%  (15782) BSFT /
Joggerst Patrick VP-Global Sales 0.04%  (11640) BSFT /

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