ROLLING MEADOWS, Ill., March 10, 2014 (GLOBE NEWSWIRE) -- Quadrant 4 Systems (OTCQB:QFOR), a technology company offering Private Health Exchanges and mission critical enterprise platforms and IT solutions based on its proprietary SMAC (Social, Mobile, Analytics and Cloud) technologies, announced today that Sidoti & Company, LLC initiated research coverage on the Company with a buy rating.
The Sidoti micro-cap universe ratings are based on a proprietary matrix that ranks companies according to five key metrics: Earnings, Cash Flow, Balance Sheet, PEG Valuation and Governance. The five components are ranked from 1-5, with 5 being the highest rating and 1 being the lowest. A sum of individual parameters equal to 18 or higher equate to a BUY rating. In research issued March 7, 2014, Quadrant 4 received a BUY rating after receiving a total sum of 19 (Earnings = 5, Balance Sheet = 1, Cash Flow = 5, Corporate Governance = 3, PEG Valuation = 5). Sidoti forecasts revenues to increase 44.4% to $54.1 million in 2014 and 40.0% to $75.8 million in 2015, and operating margin to improve to 13.7% in 2014 and 22.8% in 2014. As a result, they expect GAAP EPS to expand to $0.06 in 2014 and $0.16 in 2015.
About Quadrant 4 Systems Corporation
Quadrant 4 Systems is an IT software company that develops and implements mission-critical cloud-based enterprise systems for both Fortune 500 companies and smaller enterprises. With over 1000 associates around the globe, Quadrant 4 Systems services over 150 companies worldwide. The company is a leading provider of Health Exchange platforms (QHIX) and a proprietary set of SMAC (social media, mobility, analytics and cloud computing) technology solutions to enterprise clients in the Financial Services, Health Care, Retail and Manufacturing sectors. More information about Quadrant 4 Systems can be found at http://www.qfor.com.
This release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.
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Source:Q4 Systems Corporation