Opower (OPWR) Tops Q3 EPS by 8c

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November 10, 2015 4:18 PM EST

Opower (NYSE: OPWR) reported Q3 EPS of ($0.06), $0.08 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $39 million versus the consensus estimate of $38.17 million.

Business Outlook

Opower is issuing the following outlook for the fourth quarter and full year 2015, based on current expectations.

(in $ millions, except per share outlook)

Fourth Quarter2015

Full Year2015

Revenue 39.6-40.3 147.8-148.5
Adjusted EBITDA (loss) (4.5)-(3.8) (10.2)-(9.5)
GAAP net income (loss) (14.9)-(14.2) (46.2)-(45.5)
Per share (0.29)-(0.27) (0.90)-(0.88)
Non-GAAP net income (loss) (7.6)-(6.9) (22.6)-(21.9)
Per share (0.15)-(0.13) (0.44)-(0.42)

*** The Street sees Q4 loss of $0.19 per share with revenue of $40 million and also sees FY15 loss of $0.57 per share on reveneu of $147.4 million.

For earnings history and earnings-related data on Opower (OPWR) click here.


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