Apigee Corp. (APIC) Tops Q3 EPS by 2c, Offers Q4 Guidance

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Apigee Achieves 36% year-over-year Growth in Total Revenue and Delivers Record Revenue of $23.5 Million in its Third Quarter

May 25, 2016 4:05 PM EDT

Q3 Product Revenue of $18.6 million, a 39% year-over-year increaseQ3 Gross Profit of $16.4 million, a 46% year-over-year increaseQ3 Deferred Revenue of $50.9 million, a 33% year-over-year increaseQ3 Cash Flow from Operations of ($3.5) millionApigee reaffirms guidance for positive operating cash flow by Q2 Fiscal 2017

SAN JOSE, Calif., May 25, 2016 (GLOBE NEWSWIRE) --  Apigee® (NASDAQ:... More