Showing posts with label release. Show all posts
Showing posts with label release. Show all posts

2016-08-04

Web.com $WEB Earnings Release, LIVE Webcast, August 4, 5pm EDT

Web.com CEO David Brown at the 24th Annual Small Business Week Celebration:

Video above: Web.com CEO David Brown was the Keynote Speaker at the University of North Florida’s Small Business Development Center (SBDC) for the 24th Annual Small Business Week Celebration on May 5, 2016. He shared insights on what it takes to be a successful small business owner in an ever-changing industry, and he discussed the challenges and opportunities that come with business growth. The#SBW2016 #DreamSmallBiz event was held at UNF’s Herbert University Center. Video published August 1, 2016.

1-year chart of NASDAQ: WEB - shares down 25% past 12 mo.
Web.com Group, Inc. NASDAQ: WEB
Principal domain: web.com
Investor Relations: ir.web.com

Release of second quarter results for the fiscal period ended June 30, 2016--Q2 2016--after U.S. financial markets close on Thursday, August 4, 2016. UPDATE: Q2 2016 EPS of $0.62 beats consensus estimates by $0.03. Revenues of $187.82M up +38.4% Y/Y, misses by $6.3M. Presentation 886.4 KB; Press release. Web.com's (WEB) CEO David Brown on Q2 2016 Results - Earnings Call Transcript | SeekingAlpha.com.

GAAP net loss was $1.6 million, or $0.03 per diluted share, for the second quarter of 2016.

Web.com Second Quarter 2016 Earnings Conference Call LIVE Webcast August 4, 2016, 5:00 PM EDT - Listen to webcast 

Web.com will host a conference call on August 4, 2016, at 5:00 p.m. ET to discuss the Company's financial results and current business outlook. A live webcast and replay of the call with accompanying slides will be available at the Investor Relations page of the Company's website http://ir.web.com. To access the call, dial 800-210-9006 (domestic) or 719-457-0349 (international). A replay of the conference call will be available until August 18, 2016, at 877-870-5176 (domestic) or 858-384-5517 (international). The replay conference ID is 6329004.

Web.com Group, Inc. is a provider of Web services catering to small and medium-sized businesses. It purchased 2 domain name registrars in 2010-2011: Register.com for $135 million in 2010 and Network Solutions (networksolutions.com) in 2011 for $405 million. Its other brands include Yodle (yodle.com), ShoppingCart.com and SolidCactus (solidcactus.com).




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2016-07-25

New gTLD WEB, Ruby Glen, LLC v. ICANN, Complaint & TRO Request

UPDATE: In Ruby Glen, LLC v. ICANN, U.S. District Court Denies TRO, .WEB Auction is ON! See New gTLD dot WEB 'Last Resort' ICANN Auction: and the Winner Is? | DomainMondo.com.
"Based on the strength of ICANN’s evidence submitted in opposition to the Application for TRO, and the weakness of Plaintiff’s efforts to enforce vague terms contained in the ICANN bylaws and Applicant Guidebook, the Court concludes that Plaintiff has failed to establish that it is likely to succeed on the merits, raise serious issues, or show that the balance of hardships tips sharply in its favor on its breach of contract, breach of the implied covenant of good faith and fair dealing, and negligence claims. Moreover, because the results of the auction could be unwound, Plaintiff has not met its burden to establish that it will suffer irreparable harm in the absence of the preliminary injunctive relief it seeks. The Court additionally concludes that the public interest does not favor the postponement of the auction. Finally, the Court notes that Plaintiff’s Complaint has not adequately alleged a basis for this Court’s jurisdiction." (source: U.S. District Court Order, Ruby Glen v. ICANN, infra)
See embed belowCourt Order Denying Plaintiff's Ex Parte Application for Temporary Restraining Order [PDF, 72 KB] 26 July 2016. See also:
Also on Domain Mondo: New gTLD dot WEB 'Last Resort' ICANN Auction: and the Winner Is?

Court Order Denying Plaintiff's Ex Parte Application for Temporary Restraining Order:

--Original post below--

ICANN has been sued by yet another new gTLD applicant. This time the suit involves new gTLD .WEB, currently scheduled for last resort auction on July 27. The lawsuit was filed in United States District Court for the Central District of California, on July 22, 2016, and in addition to the complaint (embedded below), also includes an ex parte application for temporary restraining order (TRO) (embedded below), together with declarations, and exhibits. ICANN has indicated it has not yet been served with the complaint or request for TRO. The complaint has drawn upon the U.S. District Court case involving new gTLD AFRICA, by requesting a declaration of rights regarding the release of ICANN required of all new gTLD applicants:
 "33. Plaintiff seeks a declaration of its rights regarding the enforceability of the Purported Release in light of California Civil Code Section 1668, which prohibits the type of broad exculpatory clauses contained in the Purported Release: “All contracts which have for their object, directly or indirectly, to exempt anyone from responsibility for his own fraud, or willful injury to the person or property or another, or violation of law, whether willful or negligent, are against the policy of the law.” 34. Plaintiff maintains that, on its face, the Release is “against the policy of the law” because it exempts ICANN from any and all claims arising out of the application process, even those arising from fraudulent or willful conduct."
Pleadings and other documents:
Complaint:


Plaintiff’s Ex Parte Application for Temporary Restraining Order; Memorandum of Points and Authorities:


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