Broadsoft (BSFT) Misses Q3 EPS by 97c, Miss on Revenues

Broadsoft (NASDAQ: BSFT) reported Q3 EPS of $0.38, $0.97 worse than the analyst estimate of $1.35. Revenue for the quarter came in at $91.5 million versus the consensus estimate of $255.14 million.

Financial Highlights for the Third Quarter of 2017

• Total revenue increased 9% year-over-year to $91.5 million
• GAAP gross profit equaled 71% of total revenue; non-GAAP gross profit equaled 75% of total revenue
• GAAP income from operations totaled $0.6 million; non-GAAP income from operations totaled $16.8 million or 18% of revenue
• GAAP basic and diluted net loss per share equaled $(0.09) per common share; non-GAAP diluted earnings per share equaled $0.38 per common share

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

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