|Bid||2.55 x 1200|
|Ask||2.98 x 3000|
|Day's Range||2.56 - 2.60|
|52 Week Range||2.00 - 11.64|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
ShiftPixy, Inc. (“ShiftPixy” or the “Company”) (PIXY), a disruptive workforce engagement platform provider, today announced that it completed a private placement of 8% Senior Secured Convertible Notes to institutional investors raising $9 million of gross proceeds (before fees and other expenses associated with the transaction). The proceeds will be used primarily for working capital and general corporate purposes. The senior secured Notes rank senior to the Company’s existing and future indebtedness and bear interest at 8% per annum, which shall be paid monthly beginning on the first such date after issuance.
ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, today announced the opening of its Chicago location. ShiftPixy’s fast-growing client demand continues to drive the Company’s expanding national footprint. “Recently participating in the National Restaurant Association Show in Chicago confirmed for us how the city is a natural fit for ShiftPixy,” stated Scott Absher, CEO of ShiftPixy.
Stock Research Monitor: MAN, RHI, and PIXY LONDON, UK / ACCESSWIRE / May 23, 2018 / If you want a free Stock Review on PAYX sign up now at www.wallstequities.com/registration . For today, WallStEquities.com ...
ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, will be an exhibitor at the 2018 National Restaurant Association (NRA) Show taking place May 19-22 in Chicago. The Gig Economy’s mainstream adoption has caused much of the part-time labor force to leave the standard workplace in favor of gig platforms that provide the desired flexibility. While many restaurants feel obligated to work with third-party delivery platforms, these partnerships are not without downsides.
ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, applauds the recent California Supreme Court ruling in Dynamex v. Superior Court of Los Angeles, which could pressure gig platforms to begin classifying their workers as employees rather than independent contractors. Businesses that reclassify workers as employees may face multiple new burdens, such as complying with minimum wage and overtime laws and needing to pay workers’ compensation, unemployment insurance and payroll taxes, which can significantly increase the typical business’s labor costs. Leveraging the Gig Economy concept while also embracing employer status, ShiftPixy aims to let employers tap into this emergent employment model while still ensuring workers receive the benefits and protections they deserve.
IRVINE, Calilf., April 27, 2018-- ShiftPixy, Inc., a disruptive workforce engagement platform provider, has recently expanded its growing ecosystem with the arrival of new brands attracted to its unique ...
On or About June 30, 2017, ShiftPixy, (PIXY) ("ShiftPixy") completed the Company's initial public offering. The Company successfully raised $12 Million through the sale of 2,000,000 of its shares to the public at $6.00 per share. However, since the IPO, ShiftPixy stock has imploded, on April 20, 2018, the stock closed at $3.18. Specifically, Johnson Fistel's investigation seeks to determine whether ShiftPixy Company's filings with the U.S. Securities and Exchange Commission related to the stock offering contained untrue statements of material facts or omitted to state other facts necessary to make the statements made therein not misleading.
LONDON, UK / ACCESSWIRE / April 20, 2018 / Active-Investors.com has just released a free research report on Engility Holdings, Inc. (NYSE: EGL) ("Engility"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=EGL as the Company's latest news hit the wire. On April 18, 2018, the Company announced that it has been awarded three significant sole-source contracts from the US Intelligence Community, totaling approximately $76 million, to perform classified intelligence analysis, cyber security, and systems engineering efforts.
ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, has welcomed delivery services company Zion Delivery Service as a client into its ecosystem to help streamline its recruiting and scheduling demands. By taking over employer status of Zion Delivery W-2 delivery drivers, ShiftPixy will empower Zion Delivery to scale and grow its work with Amazon Logistics. The ShiftPixy relationship enables Zion Delivery Service to become a leader in this space while showcasing the advantages of this employment model.
Q2 gross billings came in at $48.6 million versus $30.8 million a year ago, up 58%, but below the company’s guidance. Despite this shortfall in gross billings, the company beat earnings estimates and lost only $0.09 per share rather than the expected $0.10 per share. This was 16% of gross billings, the same as Q1, but below the 18% reported in last year’s quarter.
IRVINE, Calif., April 13, 2018-- ShiftPixy, Inc., a developing, proprietary next-gen technology platform for workforce engagement and management, today announced operating results for the three months ...
IRVINE, Calif., April 09, 2018-- ShiftPixy, Inc., an on-demand human capital platform that syncs work opportunities from shift-based employers with ready-for-hire workers, will release its fiscal second ...
ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, has leveraged the powerful Watson's artificial intelligence engine across its platform to achieve an active and personal user experience. ShiftPixy's current mobile gateway app uses Watson to power its entire employee enrollment process. This announcement comes on the heels of ShiftPixy announcing its use of blockchain technology to record and track critical human capital validation data as well as leveraging a sophisticated 'micro-metering' approach to financial and insurance transactions.
The gig economy's mainstream adoption has caused much of the part-time labor force to leave the standard workplace in favor of gig platforms that provide the desired flexibility. By leveraging the gig economy concept and focusing on companies who rely on part-time labor, ShiftPixy's ecosystem and mobile platform have created a solution that allows operators to retain a dedicated workforce while achieving desired growth and scalability. ShiftPixy's Co-Founder and CEO, Scott Absher, stated, "We talk with scores of operators every week that struggle with high turnover.
ShiftPixy, Inc. (PIXY), ShiftPixy's highly disruptive self-delivery proposition for QSR restaurant operators is a big opportunity in the rapidly expanding third-party delivery boom. Scott Absher, ShiftPixy's Co-Founder and CEO, commented that "when we asked our QSR operator clients why they would surrender their brand, their customer experience and their customer data to a third party and give up their hard-earned revenue the stories tumbled out." ShiftPixy's cutting-edge technology and approach to human capital management allows the company a unique window into the daily demands of QSR operators and the ability to extend its technology and engagement to enable this unique self-delivery proposition. ShiftPixy's new driver management layer for operators in the ShiftPixy ecosystem will now allow clients to use their own team members to deliver a brand intended customer experience.
ShiftPixy's new driver management layer for operators in the ShiftPixy ecosystem will now allow ShiftPixy clients to use their own team members to self-deliver a brand intended customer experience. ShiftPixy has taken the compliance, management and insurance issues related to the support of a delivery option and created a turn key self-delivery opportunity. "This changes the game in a big way," said Scott W. Absher, ShiftPixy's Co-Founder and CEO.
IRVINE, California , March 13, 2018 /PRNewswire/ -- ShiftPixy, Inc. (NASDAQ: PIXY), a disruptive workforce engagement platform provider is designed to correct two areas that the gig economy has impacted ...
ShiftPixy's technology platform leverages a 'micro-metering' approach to incremental financial and payment transactions and related insurance coverages based on real-time use and exposures. In his discussion regarding ShiftPixy's underlying technology in the midst of the fintech frenzy, ShiftPixy's CEO Scott Absher stated, "We are preparing to operate at the level at which many fintech companies are endeavoring to attain. In connecting a workforce with business, ShiftPixy will be leveraging two critical technology functionalities.
ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, is leveraging blockchain as a digital ledger for all human capital transactions. Blockchain is being met with skepticism due to the lack of use cases. ShiftPixy is a prime use case for implementing a private, centralized blockchain due to the security and privacy of the data that a blockchain affords.
SAN DIEGO , Feb. 6, 2018 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims against ADOMANI, Inc., ShiftPixy, Inc., Arcimoto, Inc., Myomo, Inc., FAT Brands ...
Categories: Yahoo FinanceGet free summary analysis ShiftPixy Inc reports financial results for the quarter ended November 29, 2017. Highlights Summary numbers: Revenues of USD 2.29 million, Net Earnings of USD -0.20 million. Gross margins narrowed from 35.64% to 8.34% compared to the same period last year, operating (EBITDA) margins now -8.75% from -2.56%. Change in operating cash ... Read more (Read more...)
Q1 gross billings were in line with guidance, and guidance for Q2 2018 of $60-65 million in gross billings seemed within expectations. It burned $3.3 million in the quarter, but in the 10Q we see that $1.9 million was spend on development of the mobile app and another $300,000 was for a prepayment of workers’ compensation insurance. Given that the software development costs will decline significantly once the apps are finished, we are encouraged that the company could reach cash breakeven as it said by the end of 2018.