Opower (OPWR) Tops Q1 EPS by 7c
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Opower Announces First Quarter 2016 Financial Results
May 9, 2016 4:15 PM EDTARLINGTON, Va.--(BUSINESS WIRE)-- Opower (NYSE: OPWR), the global leader in cloud-based software for the utility industry, today announced its financial results for the first quarter ended March 31, 2016.
First Quarter 2016 Financial Highlights
Total revenue was $36.7 million, an increase of 10 percent from the comparable period in 2015. GAAP operating loss was $11.8 million, compared to $9.9 million for the comparable period in 2015. Non-GAAP operating loss was $4.7 million, compared to $4.9 million for the comparable period in 2015. GAAP net loss was $11.2... More