SMART Technologies (SMT) Tops Q1 EPS by 2c
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SMART Reports First Quarter 2016 Financial Results
August 6, 2015 4:05 PM EDTRevenue - $97.7 million Adjusted; $98.7 million GAAP Adjusted EBITDA - $1.4 million Net Loss - $3.7 million Adjusted; $2.2 million GAAP
CALGARY, Aug. 6, 2015 /PRNewswire/ - SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, today announced financial results for its first quarter ended June 30, 2015.
"Our first quarter financial results were in line with our expectations. Despite achieving approximately 50% year-over-year sales growth from our new products, Adjusted Revenue declined 20% year over year, driven by continued... More
