TSYS (TSYS) Tops Q1 EPS by 1c
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TeleCommunication Systems Reports First Quarter 2015 Results
April 30, 2015 4:06 PM EDTANNAPOLIS, Md., April 30, 2015 /PRNewswire/ --Â TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure wireless communication technology, reported results for the first quarter ended March 31, 2015.
Summary of First Quarter 2015 Results
Adjusted EBITDA was $8 million (earnings before interest, taxes, depreciation, amortization, and amortization of non-cash stock-based compensation), about the same as in the year-ago quarter, on $81.9 million of revenue, which was 4% less than the $85.1 million in 2014's first... More