Opower (OPWR) Tops Q3 EPS by 8c

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Go back to Opower (OPWR) Tops Q3 EPS by 8c

Opower Announces Third Quarter Financial Results

November 10, 2015 4:15 PM EST

Company announces major new contract worth nearly $50 million

Revenue of $39 million marks 15 percent year-over-year growth

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 third quarter of 2015. The company ended the quarter with revenue of $39 million, an increase of 15 percent year-over-year.

Our strong third quarter underscores Opowers success in renewing our largest clients and setting the foundation for revenue acceleration in 2016, said Dan Yates, CEO of Opower. Our... More