Silver Spring Networks (SSNI) Tops Q3 EPS by 7c

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Go back to Silver Spring Networks (SSNI) Tops Q3 EPS by 7c

Silver Spring Networks Reports Third Quarter 2015 Financial Results

November 3, 2015 4:01 PM EST

$0.10 non-GAAP Earnings Per Share on $75 million Top-Line
51% Growth in non-GAAP Gross Profit
29% Growth in Endpoints Delivered
$4 Million in Positive Cash Flow from Operations

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Silver Spring Networks, Inc. (NYSE: SSNI) today announced financial results for its third quarter ended September 30, 2015.

Third Quarter Results (all comparisons made are against the prior year period, unless otherwise stated)

Non-GAAP revenue $74.7 million, up 5%. GAAP revenue $69.5 million, up 148%. Non-GAAP gross margin 44%, up 13 points.... More