Globalscape, Inc. (GSB) Misses Q1 EPS by 3c

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Go back to Globalscape, Inc. (GSB) Misses Q1 EPS by 3c

GlobalSCAPE, Inc. Announces Financial Results for the First Quarter 2016

April 28, 2016 4:16 PM EDT

SAN ANTONIO, TX -- (Marketwired) -- 04/28/16 -- GlobalSCAPE, Inc. (NYSE MKT: GSB), a pioneer and worldwide leader in the secure and reliable exchange of business information, today announced its financial results for the three months ended March 31, 2016.

Revenue for the first quarter of 2016 was $7.4 million, an increase of eight percent when compared with revenue of $6.9 million for the first quarter of 2015.

Deferred revenue, which can be an indicator of future revenue trends, was $15.4 million at March 31, 2016, compared with $14.3 million at March 31,... More