Opower (OPWR) Tops Q2 EPS by 4c

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Opower Announces Second Quarter Financial Results

August 11, 2015 4:05 PM EDT

Reports revenue of $35.8 million, 15 percent year-over-year growth

Company announces major new contract worth more than $50 million over 6 years

ARLINGTON, Va.--(BUSINESS WIRE)-- Opower (NYSE: OPWR), the global leader in cloud-based software for the utility industry, today announced its financial results for the second quarter of 2015. The company ended the quarter with revenue of $35.8 million, an increase of 15 percent year-over-year.

We delivered strong second quarter results and continue to execute on our strategy for 2015, said Dan Yates, chief executive officer of Opower. We signed new... More