SAVVIS, Inc. (SVVS) news stock charts
SAVVIS, Inc. (SVVS) Investment Summary:
We provide information technology, or IT, services including managed hosting, utility computing, colocation, security, network, and professional services through our global infrastructure to businesses and government agencies around the world. Our services are designed to offer a flexible, comprehensive IT solution that meets the specific business and infrastructure needs of our customers. Our suite of products can be purchased individually, in various combinations, or as part of a total or partial outsourcing arrangement. Our point solutions meet the specific needs of customers who require control of their physical assets, while our managed hosting solution provides customers with access to our services and infrastructure without the upfront capital costs. By outsourcing significant elements of their network and IT infrastructure needs, our customers are able to focus on their core business while we ensure the performance of their IT infrastructure. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f26%2f0001193125-08-038596.html#FIS_BUSINESS"www.savvis.net
Founded in 1995
SAVVIS INC (SVVS:NASDAQ)
LAST $17.82 USD
CHANGE TODAY -0.16 -0.89%
VOLUME 73.4K
As of 2:19 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of SAVVIS INC (SVVS)
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OPEN
$18.12
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PREVIOUS CLOSE
$17.98
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DAY HIGH
$18.12
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DAY LOW
$17.75
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52 WEEK HIGH
10/23/09 - $18.46
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52 WEEK LOW
03/20/09 - $5.29
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MARKET CAP
978.3M
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AVERAGE VOLUME 10 D
635.9K
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EPS TTM
$-0.23
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SHARES OUTSTANDING
54.9M
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SVVS Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
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Key developments for SAVVIS INC (SVVS)
SAVVIS Inc. Appoints Management Team
03/12/2010
SAVVIS Inc. announced that it has filled two key sales positions with the appointment of Jim Mori as senior vice president of U.S. sales and the addition of George Bacon as vice president of consulting services. This announcement complements the recent appointment of Jim Ousley as chief executive officer, who also brings strong sales and marketing experience to the company. Jim Mori has been with company since 1999. Most recently, he had responsibility for customer service and sales enablement and support, where he focused on maximizing both the client experience and company profitability through asset optimization. Prior to joining company, George Bacon served as chief executive officer of iSmart Panache.
SAVVIS Appoints Mark Smith as Managing Director for North Asia
03/10/2010
SAVVIS Inc. announced the appointment of Mark Smith as its new managing director for North Asia, which includes Hong Kong, China, Taiwan, Korea and Japan. Based in Tokyo, Smith will be responsible for driving Savvis' cloud offering and its IT infrastructure services across the region. This includes leading the Savvis team in support of the relationship with Thomson Reuters throughout all Asian markets, including opportunities related to the Thomson Reuters Hosting Solution. Prior to joining Savvis, Smith served as president and as a senior company officer for Thomson Reuters in Tokyo, where he was responsible for leading all sales and service functions in Japan.
SAVVIS Inc.s Savvis Symphony Open Cloud Infrastructure Services Will Be Available to Clients in Asia-Pacific
03/10/2010
SAVVIS Inc. announced that Savvis Symphony Open cloud infrastructure services will be available to clients in Asia-Pacific through its Singapore data center later this month. Due to high client demand in Asia-Pacific, Savvis is expanding its cloud infrastructure services offering to this region. Savvis Symphony Open will be the second cloud solution available from its Singapore data center, complementing the broad portfolio of managed and virtualized hosting and network services that Savvis currently offers to enterprises and the public sector in Singapore. Key business benefits of savvis symphony open for asian enterprises were Drive data center consolidation - Rein in server sprawl, curtail overbuying and tackle underutilization of servers; Respond to seasonality and unexpected events -Scalable resources are available on-demand and with flexible business terms; Greater control and on-demand - Self service management and reporting through a client portal and on-demand provisioning to provide greater control; to Testing and development made easy -- Ability to dial-up pools of temporary resources, resulting in cost control and the opportunity to avoid large capital expenditures; and Control IT costs while maintaining QoS -- Mix-and-match hosting models allow clients to cost effectively meet application requirements. Singapore data center serves local enterprises, government departments and global clients, including the Thomson Reuters Hosting Solution. Savvis' Singapore data center is a world-class facility, which offers ISO 27001 security certification and provides approximately 18,000 square feet of raised floor of space. Globally, Savvis operates a Tier 1 application transport network and 28 data centers with more than 1.4 million square feet of raised floor space designed to support enterprise IT operations.
SAVVIS, Inc. financial resources
SVVS Competitors
| Company | Last | Change |
| Equinix Inc | $104.48 USD | +0.02 |
| NTELOS Holdings Corp | $17.45 USD | +0.005 |
| Open Text Corp | C$48.42 CAD | -0.61 |
| Rackspace Hosting Inc | $19.70 USD | +0.06 |
| TNS Inc | $23.11 USD | -0.315 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | SVVS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.1x |
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| Price/Book | 4.6x |
Not meaningful
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| Price/Cash Flow | 7.6x |
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| TEV/Sales | 0.2x |
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SVVS |
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SVVS transactions
| Type Date |
Target |
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Bankruptcy
September 21, 2009 |
SkyWi, Inc. |
More Recent Financial News About SAVVIS, Inc.
Savvis Fills Two Key Sales Positions
2010-03-17 02:20:46
Quote:  Prior to joining Savvis, Jim served in various sales roles at Digital Equipment Corporation, Southwestern Bell and AT&T Information Systems.  He also spent 13 years in sales at Sprint."We're very pleased to have Jim move back into a sales role here at Savvis," said Bill Fathers, senior vice president and global head of sales and marketing.  "For the past two years, Jim has been dedicated to client care and to improving our client satisfaction and loyalty scores.  We look forward to ...Read article
Savvis Fills Two Key Sales Positions
2010-03-15 01:42:27
Quote:  Prior to joining Savvis, Jim served in various sales roles at Digital Equipment Corporation, Southwestern Bell and AT&T Information Systems.  He also spent 13 years in sales at Sprint."We're very pleased to have Jim move back into a sales role here at Savvis," said Bill Fathers, senior vice president and global head of sales and marketing.  "For the past two years, Jim has been dedicated to client care and to improving our client satisfaction and loyalty scores.  We look forward to ...Read article
Savvis Appoints Jim Ousley as Chief Executive Officer
2010-03-12 02:42:20
Quote:  Jim has demonstrated a strong ability to work with the management team and has already exhibited the strategic vision and tactical sense required to effectively implement Savvis' plans for the future and to aid in the company's ability to grow and expand." "I'm excited about this new chapter in my career and pleased with the confidence the board of directors has shown in my ability to lead Savvis," said Jim Ousley, chief executive officer.  "As Savvis' new CEO, I'm looking forward to buil...Read article
Savvis Appoints Managing Director for North Asia
2010-03-12 02:42:18
Quote: http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO )http://www.newscom.com/cgi-bin/prnh/20100308/PH64285 )Based in TokyoThomson Reuters Hosting Solution.Prior to joining Savvis, Smith served as president and as a senior company officer for Thomson Reuters in Tokyo, where he was responsible for leading all sales and service functions in Japan.  He previously held senior global and regional roles at Reuters, Bridge Internet Solutions, Bridge Information Systems and Sungard, where he was r...Read article
Savvis Appoints Managing Director for North Asia
2010-03-10 07:54:33
Quote: http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO )http://www.newscom.com/cgi-bin/prnh/20100308/PH64285 )Based in TokyoThomson Reuters Hosting Solution.Prior to joining Savvis, Smith served as president and as a senior company officer for Thomson Reuters in Tokyo, where he was responsible for leading all sales and service functions in Japan.  He previously held senior global and regional roles at Reuters, Bridge Internet Solutions, Bridge Information Systems and Sungard, where he was r...Read article
Savvis Appoints Jim Ousley as Chief Executive Officer
2010-03-09 04:33:49
Quote:  Jim has demonstrated a strong ability to work with the management team and has already exhibited the strategic vision and tactical sense required to effectively implement Savvis' plans for the future and to aid in the company's ability to grow and expand." "I'm excited about this new chapter in my career and pleased with the confidence the board of directors has shown in my ability to lead Savvis," said Jim Ousley, chief executive officer.  "As Savvis' new CEO, I'm looking forward to buil...Read article
SAVVIS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
2010-03-04 06:55:06
Quote: Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
(e) On February 25, 2010, the Compensation Committee of the Board of Directors
of SAVVIS, Inc. ("Savvis" or the "Company") agreed to make a supplemental
relocation assistance payment of $100,000 to Mr. Gregory W. Freiberg, the
Company's Senior Vice President and Chief Financial Officer. This supplemental
amount is in addition to t...Read article
Savvis (SVVS) Forecasted To Rebound In 2010 With New Data Center Outside Lincoln Tunnel That Should Accelerate Sales Growth
2010-02-23 02:26:25
Quote: So going forward, I think the opportunity in Savvis is that the stock is valued at a much lower multiple than its peers'.Savvis, as of end of the year, was trading at 5.1 times its enterprise value-to-EBITDA compared to Equinix (EQIX) at 10.4 times - so a huge discount to its closest peer. I think 2010 will be an opportunity for Savvis to really accelerate their sales momentum. They are bringing on a new data center in Weehawken, N.J., right outside the Lincoln Tunnel. They have pent-up demand f...Read article
DataCert Hosted Solutions Provide Global Clients End-to-End Data Privacy Protection and Security
2010-02-22 09:21:25
Quote: DataCert, Inchosted solutions provide clients end-to-end security and
data privacy protection, critical requirements particularly when deploying
legal operations management solutions in Europe.DataCert, which entered
the European market in 2005, has seen its business there grow almost 900%
since then, including a number of new deals signed in 2009.Savvis, Inc.SVVSNewsSafe Harbor program
as adhering to the stringent European Union (EU) data privacy laws.This
enables DataCert, which has been certi...Read article
Savvis (SVVS) Forecasted To Rebound In 2010 With New Data Center Outside Lincoln Tunnel That Should Accelerate Sales Growth
2010-02-22 09:21:24
Quote: So going forward, I think the opportunity in Savvis is that the stock is valued at a much lower multiple than its peers'.Savvis, as of end of the year, was trading at 5.1 times its enterprise value-to-EBITDA compared to Equinix (EQIX) at 10.4 times - so a huge discount to its closest peer. I think 2010 will be an opportunity for Savvis to really accelerate their sales momentum. They are bringing on a new data center in Weehawken, N.J., right outside the Lincoln Tunnel. They have pent-up demand f...Read article
DataCert Hosted Solutions Provide Global Clients End-to-End Data Privacy Protection and Security
2010-02-17 02:38:28
Quote: DataCert, Inchosted solutions provide clients end-to-end security and
data privacy protection, critical requirements particularly when deploying
legal operations management solutions in Europe.DataCert, which entered
the European market in 2005, has seen its business there grow almost 900%
since then, including a number of new deals signed in 2009.Savvis, Inc.SVVSNewsSafe Harbor program
as adhering to the stringent European Union (EU) data privacy laws.This
enables DataCert, which has been certi...Read article
Savvis Reports Improvement in Revenue for 2009
2010-02-09 04:42:50
Quote: 3 /PRNewswire-FirstCall/ -- Savvis, Inc. (Nasdaq: SVVS), a global leader in outsourced internet infrastructure services for enterprises, today reported its fourth quarter 2009 financial results, with revenue of $219.8 million, compared to $222.4 million in the fourth quarter of 2008.  Adjusted EBITDA was $54.9 million, compared to $52.0 million of adjusted EBITDA in the fourth quarter of 2008.  Income from operations for the fourth quarter of 2009 was $10.4 million, compared to $15.0 milli...Read article
Savvis Expands Chicago Data Center
2010-02-09 04:42:50
Quote: 3 /PRNewswire-FirstCall/ -- Responding to growing customer demand in electronic trading and for access to financial markets and internet infrastructure services, Savvis, Inc. (Nasdaq: SVVS), today announced that it is expanding one of its two premier Chicago data centers.http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO ) To serve new and existing clients, Savvis will add approximately 10,000 square feet of raised floor space to its Cermak Road facility in downtown Chicago.  The data c...Read article
Savvis Reports Improvement in Revenue for 2009
2010-02-04 02:56:57
Quote: 3 /PRNewswire-FirstCall/ -- Savvis, Inc. (Nasdaq: SVVS), a global leader in outsourced internet infrastructure services for enterprises, today reported its fourth quarter 2009 financial results, with revenue of $219.8 million, compared to $222.4 million in the fourth quarter of 2008.  Adjusted EBITDA was $54.9 million, compared to $52.0 million of adjusted EBITDA in the fourth quarter of 2008.  Income from operations for the fourth quarter of 2009 was $10.4 million, compared to $15.0 milli...Read article
Savvis Expands Chicago Data Center
2010-02-04 02:56:57
Quote: 3 /PRNewswire-FirstCall/ -- Responding to growing customer demand in electronic trading and for access to financial markets and internet infrastructure services, Savvis, Inc. (Nasdaq: SVVS), today announced that it is expanding one of its two premier Chicago data centers.http://www.newscom.com/cgi-bin/prnh/20090803/PH55929LOGO ) To serve new and existing clients, Savvis will add approximately 10,000 square feet of raised floor space to its Cermak Road facility in downtown Chicago.  The data c...Read article
SAVVIS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
2010-02-04 02:56:55
Quote: SAVVIS, INC.Request a Trial to NEW EDGAR Online Pro
Form
8-K for
SAVVIS, INC.
3-Feb-2010Results of Operations and Financial Condition, Financial Statements and Exhibits
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SAVVIS, Inc. Q4 2009 Earnings Call Transcript
2010-02-04 02:56:52
Quote: SAVVIS, Inc. (SVVS)
Q4 2009 Earnings Call Transcript
February 3, 2010 10:00 am ET
Executives
Peggy Tharp – Director, IR
Greg Freiberg – CFO
Jim Ousley – Chairman and Interim CEO
Bill Fathers – SVP, Global Head of Sales and Marketing
Bryan Doerr – CTO
Analysts
Jonathan Schildkraut – Jefferies
Simon Flannery – Morgan Stanley
Sri Anantha – Oppenheimer
Colby Synesael – Kaufman Bros.
Donna Jaegers – D.A. Davidson
James Breen â€â...Read article
Savvis, Inc. Earnings Call scheduled for Wed, Feb 3
2010-01-20 04:12:00
Quote: Call DetailsSavvis, Inc. Earnings Conference Call (Q4 2009)Scheduled
to start Wed, Feb 3, 2010, 10:00 am EasternAfter
the event has finished, the audio will be availablefrom
this page until Fri, Feb 4, 2011About Savvis, Inc.SVVS)Other Calls SAVVIS, Inc. provides managed information technology services to businesses and government agencies worldwide. Its services include managed hosting, utility computing, colocation, security, network, and professional services. The company’s hosting s...Read article
Savvis Announces Time for Fourth Quarter 2009 Earnings Call
2010-01-19 04:11:21
Quote: 18 /PRNewswire-FirstCall/ -- SAVVIS, Inc. (Nasdaq: SVVS), a global leader in IT infrastructure services, today announced that it plans to release its fourth quarter 2009 financial results before the market opens on Wednesday, February 3, 2010.  Company executives will host a financial analyst call at 10:00 a.m. ET that morning, to discuss fourth quarter earnings and to provide a general business update. The dial-in number for financial analysts in North America is (866) 253-6509 or (703) 639-...Read article
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