Evolving Systems (EVOL) Reports In-Line Q3 EPS
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Evolving Systems Reports Third Quarter 2016 Financial Results
November 8, 2016 4:01 PM ESTENGLEWOOD, CO -- (Marketwired) -- 11/08/16 -- Evolving Systems, Inc. (NASDAQ: EVOL)
New orders from three major carrier group companies during the quarter Growing partnership with global network equipment OEM produces two new customers in Africa and Middle East License and services backlog up 41% year over year to $7.4 million Adjusted EBITDA up 76% YOY with 79% gross margins and 33% adjusted-EBITDA margins Net income up 65% YOY; $0.08 EPS vs. $0.05 a year ago; 34th consecutive... More