ServiceSource (SREV) Tops Q1 EPS by 1c

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Go back to ServiceSource (SREV) Tops Q1 EPS by 1c

ServiceSource Reports First Quarter 2017 Financial Results

May 8, 2017 4:05 PM EDT

Full Year Adjusted EBITDA Guidance Raised 25% Due to Operating Model Improvements

Expect to Become Sustainably Free Cash Flow Positive by Q4 2017

DENVER--(BUSINESS WIRE)-- ServiceSource® (Nasdaq: SREV), a global leader in outsourced customer success and revenue growth solutions, today announced financial results for the first quarter ended March 31, 2017.

In Q1, ServiceSource delivered financial results that were in line with our guidance. As we looked to the balance of the year, we conducted an extensive review of previously called-out Q1 client contractions and... More