Yesterday
(or the day before), Textura (NYSE: TXTR) reported its financial results for
the quarter ended 12/31/13.
(or the day before), Textura (NYSE: TXTR) reported its financial results for
the quarter ended 12/31/13.
Based on
what Textura said in that report, Textura paid $34.9 milion to acquire Latista.
what Textura said in that report, Textura paid $34.9 milion to acquire Latista.
And,
apparently, Latista is generating revenues in the neighborhood of $133,000 to
$200,000 per month, and, apparently, Latista has been and is losing money.
apparently, Latista is generating revenues in the neighborhood of $133,000 to
$200,000 per month, and, apparently, Latista has been and is losing money.
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The amount
that Textura paid for Latista well exceeded the price that Textura paid for
PlanSwift, even though PlanSwift is, apparently, generating revenues of around
$500,000 per month.
that Textura paid for Latista well exceeded the price that Textura paid for
PlanSwift, even though PlanSwift is, apparently, generating revenues of around
$500,000 per month.
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