Absolute Software

Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. Its solutions includes education, financial services, general date protection regulations (GDPR) compliance, government, healthcare, professional services, and technology solutions such as Absolute for Android, and Absolute for Chromebook. The company was founded on November 24, 1993 and is headquartered in Vancouver, Canada.

Earnings data Q3 2024

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Absolute Software creates endpoint resiliency solutions that enable organizations to secure their devices, data and users.

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”), the only provider of self-healing, intelligent security solutions, today announced the successful completion of its acquisition by an affiliate of Crosspoint Capital Partners, LP (Crosspoint Capital), a leading private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets. On May 11, 2023, an affiliate of Crosspo.

Absolute Software Announces Completion of Acquisition by Crosspoint Capital Partners

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced that Forrester, an industry-leading analyst firm, has recognized Absolute in its recent report, The Zero Trust Platforms Landscape, Q2 2023. The publication advises readers on what Zero Trust platforms are, the business value they deliver, and on the dynamics and vendors driving the market. The report a.

Absolute Named a Notable Vendor in The Zero Trust Platforms Landscape

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (Nasdaq: ABST) (TSX: ABST), the only provider of intelligent, self-healing security solutions, today announced that it has been named a Leader in the Summer 2023 Grid® Reports for Endpoint Management and Zero Trust Networking published by G2, the world's largest and most trusted software marketplace. This marks the fourteenth consecutive quarter that Absolute Secure Endpoint has ranked in the highest quadrant fo.

Absolute Software Named a Leader in the Summer G2 Grid Reports for Endpoint Management and Zero Trust Networking

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”) announced today that 1414364 B.C. LTD. (the “Purchaser”) has obtained a no objection notification under Australia's Foreign Acquisitions and Takeovers Act 1975 (the “FATA”) in connection with the previously announced acquisition of all of the outstanding shares of Absolute (the “Shares”) by the Purchaser, an affiliate of Crosspoint Capital Partn.

Absolute Announces Clearance Under Australia's Foreign Acquisitions and Takeovers Act

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”) announced today that the Company has obtained a final order from the Supreme Court of British Columbia approving the previously announced acquisition of all of the outstanding shares of Absolute (the “Shares”) by 1414364 B.C. LTD., an affiliate of Crosspoint Capital Partners, L.P. (“Crosspoint”) by way of a statutory plan of arrangement (the “Tr.

Absolute Obtains Final Order for Plan of Arrangement from the Supreme Court of British Columbia

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the “Shares”) by 1414364 B.C. LTD., an affiliate of Crosspoint Capital Partners, L.P. (“Crosspoint”), by way of a statutory plan of arrangement (the “Transaction” or the “Arrangement”) at the special m.

Absolute Securityholders Approve Acquisition by Crosspoint Capital Partners

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”), the only provider of self-healing, intelligent security solutions, is pleased to announce that both leading independent proxy advisors, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have recommended Absolute shareholders vote FOR the plan of arrangement with Crosspoint Capital Partners, L.P. (the “Arrangement”).

ISS and Glass Lewis Recommend Absolute Software Shareholders Vote FOR the Arrangement with Crosspoint

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the expansion of its differentiated Security Service Edge (SSE) solution with the launch of the Absolute Secure Web Gateway Service. Optimized for hybrid and mobile work models, this new extended offering builds on existing capabilities available in Absolute Secure Access – including Absolute ZTNA and A.

Absolute Software Adds Secure Web Gateway Service to its Differentiated Security Service Edge Solution

MOUNT KISCO, N.Y. , June 6, 2023 /PRNewswire/ -- Edenbrook Capital, LLC (together with its affiliates, "Edenbrook"), one of the largest public shareholders of Absolute Software Corporation (NASDAQ: ABST, TSX: ABST) ("Absolute" or "the Company"), with ownership of approximately 10.38% of the company, today announced that it has delivered the following letter to the Absolute Board of Directors.

Edenbrook Capital Sends Follow-Up Letter to Absolute Software Board

Qualys

The Zacks Security industry participants like QLYS and ABST benefit from the current hybrid working trend and digital transformation wave despite growing global recessionary concerns amid ongoing macroeconomic headwinds and geopolitical issues.

2 Security Stocks to Watch Amid the Industry Weakness

MOUNT KISCO, N.Y. , May 18, 2023 /PRNewswire/ -- Edenbrook Capital, LLC (together with its affiliates, "Edenbrook"), one of the largest public shareholders of Absolute Software Corporation (NASDAQ: ABST, TSX: ABST) ("Absolute" or "the Company"), with ownership of approximately 10.38% of the company, today announced that it has delivered the following letter to the Absolute Board of Directors.

Edenbrook Capital Sends Letter to Absolute Software Board

Absolute Software has not met the expectations I outlined in a 2020 article. The company recently received a buyout offer from a private equity group.

Absolute Software: Accepting The Go-Private Offer May Be The Best Bet

Absolute Software Corporation (ABST) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.13 per share a year ago.

Absolute Software Corporation (ABST) Beats Q3 Earnings Estimates

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software Corporation (Nasdaq: ABST) (TSX: ABST) (the “Company”), the only provider of self-healing, intelligent security solutions, today announced its financial results for its third quarter fiscal 2023 ended March 31, 2023. All dollar figures are stated in U.S. dollars, unless otherwise indicated. THIRD QUARTER FISCAL 2023 (“Q3 F2023”) OVERVIEW Key Financial Metrics Revenue was $58.8 million for Q3 F2023, an increase of.

Absolute Software Reports Third Quarter Fiscal 2023 Financial Results

The cybersecurity specialist is being bought out by a strategic investor. That party is paying a premium of over 30% for the privilege.

Why Absolute Software Stock Zoomed 33% Today

Canadian cybersecurity company Absolute Software said on Thursday it had agreed to be taken private by Crosspoint Capital Partners for $657 million.

Canada's Absolute Software to be bought by Crosspoint Capital for $657 mln

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (“Absolute” or the “Company”) (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has entered into an Arrangement Agreement with funds affiliated with Crosspoint Capital Partners, L.P. (“Crosspoint”), (the “Arrangement Agreement”) whereby Crosspoint has agreed to acquire all of the issued and outstanding common shares (the "Common Shares") of the Comp.

Absolute Software to be Acquired by Crosspoint Capital Partners for Enterprise Value of US$870 Million

SAN FRANCISCO--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company has won three awards from Cyber Defense Magazine (CDM), the industry's leading electronic information security magazine: Next Gen Cyber Resilience Solution: Absolute Application Persistence-as-a-Service (APaaS) Editor's Choice Ransomware Data Security Solution: Absolute Ransomware Response Top Chief Information Security Off.

Absolute Software Named Winner of Three Global InfoSec Awards during RSA Conference 2023

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced new research revealing the increasing complexity in enterprise device environments, including operating system (OS) fragmentation and volume of applications, is impacting security and compliance posture. The findings in Absolute's ‘2023 Resilience Index' contradict the long-held belief that having more.

New Research From Absolute Software Underscores Security and Compliance Challenges Remain Across Distributed Workforces

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on May 24, 2023 to shareholders of record at the close of business on May 11, 2023.

Absolute Software Declares Quarterly Dividend, Will Report Third Quarter Fiscal 2023 Financial Results on May 15, 2023

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST) (the “Company”), the only provider of self-healing, intelligent security solutions, announced today that on April 4, 2023, the Company effected a restructuring plan (the “restructuring”) to lower the Company's operating expenses.

Absolute Software Announces Workforce Restructuring

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company has been added to the multi-year NASPO ValuePoint Cloud Solutions contract held by SHI.

Absolute Software Now Available through SHI's NASPO ValuePoint Contract

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has been named a gold winner in the 2023 Cybersecurity Excellence Awards, with Absolute Ransomware Response recognized as an industry-leading Endpoint Security product.

Absolute Software Named Gold Winner in 2023 Cybersecurity Excellence Awards

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the continued expansion of the Absolute Application Resilience™ ecosystem with the company's latest product release.

Absolute Software Expands Application Resilience Ecosystem with Latest Product Update

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company will present at the Raymond James 44th Annual Institutional Investors Conference on Wednesday, March 8, 2023 at 11:35 am Eastern Time. A live webcast and replay of the event will be available via the Absolute Investor Relations website.

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