BAZAARVOICE, INC. (NASDAQ:BV) Files An 8-K Other EventsItem 8.01. Other Events
In furtherance of the Company's continued focus on improving profitability, on September 22, 2017, the Company repaid in full the $22.0 million remaining outstanding balance under its credit facility with Comerica Bank. As a result, the Company expects annualized interest expense savings of approximately $1.0 million.
About BAZAARVOICE, INC. (NASDAQ:BV)
Bazaarvoice, Inc. offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos. This content is syndicated and distributed across its clients’ marketing channels. Its solutions, which the Company provides primarily through a software-as-a-service (SaaS) platform, enable the clients to capture and display consumer-generated content; syndicate that consumer-generated content into its network of brand and retail clients; understand consumer behavior, and monetize the value of that content through targeted advertising based on online and offline shopping behavior. The Company’s geographical segments include Americas, EMEA and Other.
