William Blair Downgrades Opower (OPWR) to Market Perform

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Go back to William Blair Downgrades Opower (OPWR) to Market Perform

Opower Announces Fourth Quarter and Full Year 2015 Financial Results

February 29, 2016 4:15 PM EST

Q4 Revenue Grows 16% year-over-year to $40.5 Million

Revenue Backlog Increases to $480 Million

Largest Deal in Company History Signed with Exelon

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 fourth quarter and full year 2015. The company closed the year reporting revenue of $148.7 million, an increase of 16 percent year-over-year. The company also announced the largest contract in company history, a five-year deal with Exelon Corporation.

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