Broadsoft (BSFT) Tops Q1 EPS by 7c, Reports Q2, FY Guidance
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BroadSoft Reports First Quarter 2015 Financial Results
May 4, 2015 7:32 AM EDTGAITHERSBURG, MD -- (Marketwired) -- 05/04/15 -- BroadSoft, Inc. (NASDAQ: BSFT), the leading global provider of Internet protocol-based, or IP-based, communications services to the telecommunications industry, today announced financial results for the quarter ended March 31, 2015.
Financial Highlights for the First Quarter of 2015
Total revenue increased 27% year-over-year to $55.7 million GAAP gross profit equaled 72% of total revenue; non-GAAP gross profit equaled 76% of total revenue GAAP income from operations totaled $0.1 million; non-GAAP income from operations totaled $7.7 million or 14% of revenue GAAP basic and diluted net loss per share equaled... More