SAN FRANCISCO, CA--(Marketwired - Sep 20, 2016) - Vista
Partners announced today that it has updated coverage on acquisitive cloud services provider Fusion (NasdaqCM: FSNN)
("The Company" or "Fusion") with a twelve-month price target of $5.50.
John Heerdink, Managing Director at Vista Partners, stated, "Fusion is one of the leading companies in the fast-growing cloud
services market segment as communications, data and business applications increasingly move to the cloud. Fusion enjoys a Capex
light-operating model which leverages revenue growth into expanding unlevered free cash flow, has a proven track record of well
executed accretive acquisitions and integrations (6 acquisitions in the past four years), and has experienced significant growth
in predictable, contracted monthly recurring revenue and is now realizing significant organic growth." Mr Heerdink concludes,
"Fusion recently established three-year financial targets of $200 million in revenue, 50% gross margin, and 15% Adjusted EBITDA
margin and is seeking 1-2 acquisitions on an annual basis and believes to be on track to accomplish it goals."
To download a FREE copy of the
Fusion Research Report by visiting the Vista Partners dedicated Company Page for
Fusion. The First Trust ISE Cloud Computing ETF (NYSE Arca: SKYY) is up 12.44% YTD Returns are 12.44% seeks investment
results that correspond generally to the price and yield, of an equity index called the ISE Cloud Computing™ Index, which is
designed to provide a benchmark for investors interested in tracking companies actively involved in the cloud computing
industry.
About Vista Partners:
Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the State of California. The firm's
professional staff has backgrounds in finance, corporate communications and investment banking.
Vista focuses on investing globally across all market sectors while providing considerations on publicly traded companies
through a platform of stock research reports, newsletters, company specific webpages and daily commentary. This platform is
designed to serve as a tool for investors to discover insights and information that aid in more profitable investment decisions
with the goal to outperform small, mid and large cap equity indexes.
Disclaimer & Disclosure:
For a full list of disclaimers and disclosures, please visit our website www.vistapglobal.com
or click here.