Opower (OPWR) Tops Q3 EPS by 8c

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Opower (OPWR): Top Recovery Pick for 2016 - Canaccorrd Genuity

November 11, 2015 8:58 AM EST

Opower (NYSE: OPWR) reported revenue and adjusted EBITDA of $38.9M and $0.1M, which were respectively $0.7M and $4.1M ahead of Canaccord Genuity's estimates. Revenue growth of 15% y-o-y in the quarter is still dampened by the two previously announced international non-renewals. Non-GAAP EPS loss of ($0.06) was nicely ahead of our ($0.14) estimate.

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