ServiceSource (SREV) Tops Q4 EPS by 3c

ServiceSource (NASDAQ: SREV) reported Q4 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $66 million versus the consensus estimate of $62.5 million.

2018 Outlook

For Q1 2018, ServiceSource is providing the following guidance:

• Revenue of $53.5 million to $55.5 million
• GAAP loss per share of $0.13 to $0.15; non-GAAP loss per share of $0.01 to $0.03
• Adjusted EBITDA of negative $1.50 million to positive $0.50 million

For fiscal 2018, ServiceSource is providing the following guidance:

• Revenue of $243.0 million to $246.0 million
• GAAP gross margin of 34.0% to 35.0%; non-GAAP gross margin of 36.5% to 37.5%
• GAAP operating expenses of $92.1 million to $95.1 million; non-GAAP operating expenses of $78.0 million to $80.0 million
• GAAP net loss of $18.8 million to $21.8 million; non-GAAP net income of $8.0 million to $10.0 million
• GAAP loss per share of $0.20 to $0.24; non-GAAP loss per share of $0.09 to $0.11
• Adjusted EBITDA of $19.0 million to $22.0 million

For earnings history and earnings-related data on ServiceSource (SREV) click here.

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