Envivio (ENVI) Tops Q1 EPS by 2c

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Envivio Reports First Quarter Fiscal 2016 Financial Results

May 28, 2015 4:10 PM EDT

SAN FRANCISCO, May 28, 2015 (GLOBE NEWSWIRE) -- Envivio, Inc. (Nasdaq: ENVI), a leading provider of software-based video processing and delivery solutions, today announced financial results for the first quarter ended April 30, 2015.

Financial Highlights

Revenue for the first quarter of fiscal 2016 was $9.5 million, compared with $12.7 million in the fourth quarter of fiscal 2015 and $8.4 million in the first quarter of fiscal 2015.   GAAP net loss for the first quarter of fiscal 2016 was $0.8 million, or $0.03 per share, compared with a GAAP net loss of $1.6 million, or $0.06 per share, in the fourth... More