Broadsoft (BSFT) Tops Q2 EPS by 11c, Beats on Revenues

Broadsoft (NASDAQ: BSFT) reported Q2 EPS of $0.40, $0.11 better than the analyst estimate of $0.29. Revenue for the quarter came in at $88.8 million versus the consensus estimate of $86.63 million.

Financial Highlights for the Second Quarter of 2017

• Total revenue increased 9% year-over-year to $88.8 million
• GAAP gross profit equaled 71% of total revenue; non-GAAP gross profit equaled 76% of total revenue
• GAAP loss from operations totaled $(1.5) million; non-GAAP income from operations totaled $13.1 million or 15% of revenue
• GAAP basic and diluted net loss per share equaled $(0.10) per common share; non-GAAPdiluted earnings per share equaled $0.40 per common share

For earnings history and earnings-related data on Broadsoft (BSFT) click here.

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