Broadsoft (BSFT) Tops Q4 EPS Views; Guides Q1, FY16
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BroadSoft Reports Fourth Quarter and Full Year 2015 Financial Results
February 29, 2016 7:30 AM ESTGAITHERSBURG, MD -- (Marketwired) -- 02/29/16 -- BroadSoft, Inc. (NASDAQ: BSFT), the leading global provider of Internet protocol-based, or IP-based, communications services to the telecommunications industry, today announced financial results for the fourth quarter and twelve-month period ended December 31, 2015.
Financial Highlights for the Fourth Quarter of 2015
Total revenue increased 36% year-over-year to $89.6 million GAAP gross profit equaled 78% of total revenue; non-GAAP gross profit equaled 82% of total revenue GAAP income from operations totaled $20.6 million or 23% of revenue; non-GAAP income from operations totaled $32.1 million or 36% of revenue GAAP diluted... More