Mattersight (MATR) Misses Q2 EPS by 4c

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Mattersight Provides Business Update

August 9, 2016 4:16 PM EDT

CHICAGO, IL -- (Marketwired) -- 08/09/16 -- Mattersight Corporation (NASDAQ: MATR), the pioneer in personality-based software applications, today provided a business update on financial guidance, new customer growth and its new loan facility with Hercules Capital.

Regaining Momentum Since Q3 2015, Mattersight has approximately doubled its backlog to $23.1 million in ACV, and the company expects to start meaningfully deploying this backlog over the next several quarters. As this ACV is deployed, Mattersight expects to re-accelerate its revenue growth and improve its operational performance:

Revenue Growth: Revenues in Q3... More

Mattersight Announces Second Quarter 2016 Results

August 9, 2016 4:15 PM EDT

CHICAGO, IL -- (Marketwired) -- 08/09/16 -- Mattersight Corporation (NASDAQ: MATR), the pioneer in personality-based software applications, today announced financial results for the second quarter ended June 30, 2016.

"With four new logo customers closed in Q2 and rolling four quarter bookings up 24% year-over-year, we continue to be very bullish on the growth of our sales team and the market traction from Predictive Behavioral Routing," said Mattersight CEO Kelly Conway. "Our sales pipeline is the strongest we've ever seen, and we are projecting significant revenue acceleration in the back half of 2016 as a result of... More