ServiceSource (SREV) Tops Q4 EPS by 3c

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ServiceSource Reports Fourth Quarter and Fiscal Year 2015 Financial Results

February 22, 2016 4:05 PM EST

Non-GAAP gross margin exceeds 40% for the first time in eight quarters

Adjusted EBITDA improves by $20.7 million for the full year in 2015

Revenue growth and improving profitability expected in 2016

SAN FRANCISCO--(BUSINESS WIRE)-- ServiceSource® (Nasdaq: SREV), the global leader in customer revenue growth and retention solutions, today announced financial results for the fourth quarter and full year ended December 31, 2015.

ServiceSource finished 2015 with a strong quarter, exceeding guidance across all revenue and profitability metrics. The fourth quarter capped a year that saw ServiceSource make extraordinary progress... More