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globalscape inc (GSB) Details

GlobalSCAPE, Inc., together with its subsidiaries, develops and distributes software, delivers managed and hosted solutions, and provides associated services for secure information exchange, and data transfer and sharing for enterprises and consumers worldwide. It offers managed file transfer solutions, including enhanced file transfer platforms; and Mail Express solution that enable users to send and receive encrypted email and attachments of unlimited size. The company also provides Wide Area File Services Solution that enables to replicate, share, and backup files within a wide or local area network; and CuteFTP, a file transfer program for individuals and small businesses. In addition, it offers various professional services, such as product configuration and system integration, solution quickstart implementations, business process and workflow, policy development, education and training, and solution health checks, as well as engineering services; and maintenance and support services. The company primarily serves the finance, health care, energy, retail, manufacturing, and engineering markets. GlobalSCAPE, Inc. was founded in 1996 and is based in San Antonio, Texas.

92 Employees
Last Reported Date: 05/10/19
Founded in 1996

globalscape inc (GSB) Top Compensated Officers

Chairman of the Board & Interim CEO
Total Annual Compensation: $40.5K
Executive VP of Technical Services & Engineer...
Total Annual Compensation: $337.4K
Executive VP of Sales & Marketing
Total Annual Compensation: $379.2K
Compensation as of Fiscal Year 2018.
globalscape inc
GlobalSCAPE, Inc. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Declares Special Dividend, Payable on May 28, 2019

GlobalSCAPE, Inc. announced consolidated earnings results for the first quarter ended March 31, 2019. Revenue for the first quarter of 2019 was $9.4 million, a 22% increase when compared with revenue of $7.7 million for the first quarter of 2018. Net income for the first quarter of 2019 was $2.4 million compared with a net loss of $935,000 for the first quarter of 2018. Earnings per share were $0.14 for the first quarter of 2019 compared to a per share loss of $0.04 for the first quarter of 2018. The company announced a special dividend of $0.50 per share of common stock. The dividend is payable on May 28, 2019 to shareholders of record at the close of business on May 13, 2019.

GlobalSCAPE, Inc. Announces Management Changes

The Board of Directors of GlobalSCAPE, Inc. announced with deep sadness, the unexpected demise of its President and CEO, Matthew C. Goulet. Because of Matt's foresight and vision, GlobalSCAPE is proud to draw from its deep bench and announce the internal promotions of Michael P. Canavan and David C. Mello to Executive Vice Presidents at the company. Mike will continue to oversee Sales and Marketing, while Dave will continue to manage Technical Services and Engineering. The company's Board of Directors has named Robert Alpert, Chairman of the Board, as Interim CEO while the search for a permanent replacement begins.

GlobalSCAPE, Inc., Annual General Meeting, May 09, 2019

GlobalSCAPE, Inc., Annual General Meeting, May 09, 2019, at 09:00 Central Daylight. Location: 4500 Lockhill-Selma Road Suite 150 San Antonio Texas United States Agenda: To consider the election of one director who will serve for a term of three years; to consider the ratification of the appointment of Weaver and Tidwell, LLP as independent registered public accounting firm for the year ending December 31, 2019; to consider the advisory vote on executive compensation; and to transact any other business that may properly come before the annual meeting or any adjournment thereof, including a motion to adjourn or postpone the annual meeting.

 

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Valuation GSB Industry Range
Price/Earnings 26.9x
Price/Sales 4.5x
Price/Book 8.7x
Price/Cash Flow 23.2x
TEV/Sales 4.1x
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