Evolving Systems (EVOL) Reports Q1 EPS of $0.08

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Evolving Systems Reports First Quarter 2017 Financial Results and Announces Acquisition of Business Logic Systems to Expand into Mobile Customer Value Management and Monetization

May 11, 2017 4:01 PM EDT

ENGLEWOOD, CO -- (Marketwired) -- 05/11/17 -- Evolving Systems, Inc. (NASDAQ: EVOL)

Q1 net income up 128%, operating income up 205% YOY with EPS of $0.08 vs. $0.04; 36th consecutive profitable quarter Q1 adjusted EBITDA up 5% YOY with 74% gross margins and 32% adjusted EBITDA margins Continued momentum in Managed Service customer wins and Company transformation

Evolving Systems, Inc. (NASDAQ: EVOL), a leader in consumer lifecycle... More