Silver Spring Networks Reports Second Quarter 2015 Financial Results

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Go back to Silver Spring Networks Reports Second Quarter 2015 Financial Results

Cowen Raised Price Target on Silver Spring Networks (SSNI) to $15 Following 2Q EPS Beat

August 6, 2015 7:01 AM EDT

Cowen reiterated an Outperform rating on Silver Spring Networks (NYSE: SSNI), and raised the price target to $15.00 (from $13.00), following 2Q earnings results. Revenue was $69.1 mn, better than consensus estimates of $67.7 mn. Adjusted non-GAAP EPS for Q2 was $0.02, exceeding consensus estimates of ($0.05).

Analyst Jeffrey Osborne... More

Silver Spring Networks (SSNI) Tops Q2 EPS by 7c

August 5, 2015 5:36 PM EDT

Silver Spring Networks (NYSE: SSNI) reported Q2 EPS of $0.02, $0.07 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $69.1 million versus the consensus estimate of $67.69 million.

Im pleased with our second quarter results, demonstrated by significant gross profit growth,... More