RADNOR, Pa., Feb. 18, 2015 (GLOBE NEWSWIRE) -- Actua Corporation (Nasdaq:ACTA), formerly ICG Group, Inc., today announced that it has rescheduled the release of its financial results for the fourth quarter and full-year ended December 31, 2014 to take place on February 26, 2015.
"Due to complexities of certain purchase accounting determinations related to our recent acquisitions, it has taken longer than anticipated to finalize our financial statements," said R. Kirk Morgan, chief financial officer of Actua. "We look forward to reporting strong fourth quarter results and providing 2015 guidance on February 26th."
The Company will host a conference call to discuss fourth quarter and full-year results on Thursday, February 26, 2015 at 10:00 a.m. ET. Participating on the conference call will be Walter Buckley, Actua's chief executive officer, and Kirk Morgan, chief financial officer of the Company. The dial-in numbers for the call are 877.415.3182 or 857.244.7325. The participant pass code for either dial-in is 76175549.
The Company will also host a live webcast for the call with an accompanying slide presentation. The webcast can be accessed at www.actua.com/investors/events-presentations/. Participants can also view fourth quarter information by clicking the link on Actua's home page at www.actua.com. Please log on to the website approximately ten minutes prior to the call to register and download and install any necessary audio software.
For those unable to participate in the conference call, a replay will be available beginning Thursday, February 26, 2015 at 2:00 p.m. ET until March 5, 2015 at 11:59 p.m. ET. To access the replay, dial 888.286.8010 or 617.801.6888. The pass code is 30244592. The replay and slide presentation can also be accessed on the Actua website at www.actua.com/investors/events-presentations/.
Actua (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 more than 800 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 effect of economic conditions generally, capital spending by our customers, our ability to retain existing customer relationships and secure new ones, our ability to compete successfully against alternative solutions, our ability to timely and effectively respond to technological developments, our ability to retain key personnel, our ability to have continued access to capital and to deploy capital effectively and on acceptable terms, our ability to maximize value in connection with divestitures, and other risks and uncertainties detailed in Actua's filings with the U.S. Securities and Exchange Commission. Those and other factors may cause actual results to differ materially from those projected.
CONTACT: Investor inquiries: Karen Greene Actua Investor Relations 610.727.6900 IR@actua.com