Covisint Corp. (Nasdaq: COVS), the secure collaboration technology provider spun out of Compuware Corp., announced at the Los Angeles Auto Show announced the results of a new study that highlights how the car-buying public perceives automotive value related to cloud-based, connected services.
In its first financial report as a publicly traded company, Covisint Corp. (Nasdaq: COVS), the Detroit-based provider of secure communication and collaboration technology, reported a loss of $2.4 million or 8 cents a share in the second fiscal quarter ended Sept. 30. That’s an improvement from a $4.6 million loss, 17 cents a share, in the prior fiscal year.
Shares in Detroit’s newest tech stock soared Thursday, the first day of their trading on the Nasdaq Global Select Market.
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Compuware Corp. Tuesday reported net income of $10 million or 5 cents a share in in its first fiscal quarter ended June 30, down from $10.5 million or 5 cents a share a year earlier. Revenue was $227.5 million, up from $226.2 million in the same quarter a year earlier.
Covisint Publishes Direct Messaging Toolkit for Healthcare, Clarifies Misconceptions and Outlines Benefits
Covisint, a subsidiary of Compuware Corp. (Nasdaq: CPWR), announced that it has published a toolkit offering a comprehensive set of resources that outline the benefits of and uses for Direct messaging for key healthcare stakeholders.
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Compuware Corp. (Nasdaq:CPWR) plans to sell up to $100 million worth of stock in its Covisint subsidiary.
The Covisint business unit of Detroit-based Compuware Corp. (Nasdaq: CPWR) this week introduced a new and enhanced supplier portal that the company says dramatically improves simplicity, usability, mobile accessibility and time-to-value.
The Covisint secure communication and collaboration business unit of Detroit’s Compuware Corp. Thursday announced a new alliance with the Seattle consulting and actuarial firm Milliman Inc.