Xura Inc (MESG) was Downgraded by Craig Hallum to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Craig Hallum advised their investors in a research report released on Jun 30, 2016.
Xura Inc. formerly Comverse Inc. is a global provider of cloud-based and in-network services enablement and monetization software solutions for communication service providers (CSPs) and enterprises. The Company offers a suite of software solutions designed to support users’ connected lifestyles. The Company operates through two segments: Business Support Systems (BSS) and Digital Services. The BSS segment conducts the Company’s converged prepaid and postpaid billing and active customer management systems business along with its policy solutions products. The Digital Services segment conducts the Company’s digital services business and includes groups engaged in product management delivery support professional services research and development and product sales support. The Company’s product suite is offered through domains such as BSS Digital Services Enterprise Monetization Solutions and Managed and Professional Services.