SMART Technologies (SMT) Tops Q3 EPS by 6c

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SMART Reports Third Quarter 2015 Financial Results

February 5, 2015 4:05 PM EST

Revenue $110.7 million Adjusted; $126.6 million GAAP Adjusted EBITDA $10.4 million Net Income $1.7 million Adjusted; $9.3 million GAAP

CALGARY, Alberta, Feb. 5, 2015 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq: SMT) (TSX: SMA), a leading provider of collaboration solutions, today announced financial results for its third quarter ended Dec. 31, 2014.

"SMART exceeded Adjusted Revenue and Adjusted EBITDA guidance in the third quarter," said Neil Gaydon, president and CEO of SMART. "Although revenues from interactive whiteboards continue to decline, we have made progress on our new solutions, shipping SMART kapp 42,... More