Evolving Sys (EVOL) Misses Q1 EPS by 3c

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Evolving Systems Reports First Quarter 2015 Financial Results

May 5, 2015 4:02 PM EDT

ENGLEWOOD, CO -- (Marketwired) -- 05/05/15 -- Evolving Systems, Inc. (NASDAQ: EVOL)

DSA revenue up 13% in Q1 to $3.1 million from $2.8 million last year Adjusted-EBITDA of $1.6 million increases 17% year-over-year Net Income increase of 32% drives EPS of $0.07 One new DSA customer subsequent to Q1 Second quarter dividend of $0.11 per share, payable May 29, 2015, to stockholders of record on May 22, 2015

Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation,... More