Silver Spring Networks (SSNI) Repors Q1 Loss Per Share of 44c

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Silver Spring Networks (SSNI) PT Lowered to $16 at FBR Capital Following 1Q

May 11, 2017 7:14 AM EDT

FBR Capital lowered its price target on Silver Spring Networks (NYSE: SSNI) to $16.00 (from $17.00) while maintaining a Outperform rating. SSNI reported 1Q non-GAAP revenue of $68 million, but weak margins caused a $0.10 miss versus ($0.02) non-GAAP EPS estimates.

SSNI lowered its revenue and margin guidance... More

Silver Spring Networks (SSNI) PT Lowered to $14 at Oppenheimer Following Weak 1Q

May 10, 2017 11:38 AM EDT

Oppenheimer lowered its price target on Silver Spring Networks (NYSE: SSNI) to $14.00 (from $17.00) while maintaining a Outperform rating. SSNI reported 1Q non-GAAP EPS of ($0.12), below the consensus of ($0.01). Billings were $68M vs. consensus of $69.3M. Gross margin on billings was 42%, vs. consensus of... More

Silver Spring Networks (SSNI) PT Lowered to $9 at Baird on 1Q Miss; 'Under Pressure After Guidance Lowered'

May 10, 2017 11:20 AM EDT

Baird lowered its price target on Silver Spring Networks (NYSE: SSNI) to $9.00 (from $11.00) while maintaining a Neutral rating, following the company's first quarter earnings report.

Analyst Ben Kallo notes the company reported first quarter revenues, earnings per share, billings and gross margins below... More