ServiceSource (SREV) Tops Q3 EPS by 8c

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Go back to ServiceSource (SREV) Tops Q3 EPS by 8c

ServiceSource Reports Third Quarter 2015 Financial Results

November 5, 2015 4:07 PM EST

SAN FRANCISCO--(BUSINESS WIRE)-- ServiceSource® (Nasdaq: SREV), the global leader in recurring revenue management, today announced financial results for the third quarter ended September 30, 2015.

The team at ServiceSource delivered another solid quarter as we continue strong progress on our turnaround. With revenue near the high-end of guidance and continued cost management, we exceeded our expectations on profitability and improved our adjusted EBITDA by $6 million year-over-year. Our client-facing teams continued their great work tightening relationships with current clients, growing deal sizes, and expanding the pipeline," said Christopher Carrington, CEO of ServiceSource.... More