Broadsoft (BSFT) Tops Q4 EPS by 16c

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Go back to Broadsoft (BSFT) Tops Q4 EPS by 16c

BroadSoft Reports Fourth Quarter and Full Year 2016 Financial Results

February 23, 2017 7:30 AM EST

GAITHERSBURG, Md., Feb. 23, 2017 (GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ: BSFT), a global unified communication software as a service (UCaaS) leader, today announced financial results for the fourth quarter and twelve-month period ended December 31, 2016.

Financial Highlights for the Fourth Quarter of 2016

Total revenue increased 14% year-over-year to $102.0 millionGAAP gross profit equaled 76% of total revenue; non-GAAP gross profit equaled 80% of total revenueGAAP income from operations totaled $13.8 million or 14% of revenue; non-GAAP income from operations totaled $28.7 million or 28% of revenueGAAP diluted earnings per share equaled $0.18 per common... More