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