Textura Announces 33% Revenue Growth in Fourth Quarter 2015

 

 

Twelve Months Ended December 31, 2015

     

Share-Based

               
     

Compensation

               
     

and

         

Acquisition-

   
 

GAAP

 

Amortization

 

Asset

     

related and

 

Adjusted

 

Operating

 

of Intangible

 

Impairment

 

Severance

 

Other

 

Operating

 

Expenses

 

Assets

 

Charge

 

Expense

 

Expenses*

 

Expenses

 

(in thousands)

Cost of services 

$   15,254

 

$               946

 

$              -

 

$            -

 

$           184

 

$   14,124

General and administrative 

36,661

 

11,308

 

-

 

1,771

 

725

 

22,857

Sales and marketing 

21,013

 

1,035

 

-

 

-

 

-

 

19,978

Technology and development 

20,404

 

819

 

-

 

-

 

-

 

19,585

Depreciation and amortization 

8,628

 

4,166

 

-

 

-

 

-

 

4,462

Asset impairment 

1,070

 

-

 

1,070

 

-

 

-

 

-

   Total 

$  103,030

 

$           18,274

 

$        1,070

 

$      1,771

 

$           909

 

$   81,006

 

* In the twelve months ended December 31, 2015, acquisition-related and other expenses also included certain legal costs related to the previously disclosed CEO transition and securities litigation.


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