ServiceSource Reports First Quarter 2020 Financial Results

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Go back to ServiceSource Reports First Quarter 2020 Financial Results

ServiceSource (SREV) Reports In-Line Q1 EPS, Revenues Beat; Withdraws FY20 Guidance

May 7, 2020 5:18 PM EDT

ServiceSource (NASDAQ: SREV) reported Q1 EPS of ($0.02), in-line with the analyst estimate of ($0.02). Revenue for the quarter came in at $50.1 million versus the consensus estimate of $47.25 million.

Key Financial Results First Quarter 2020

GAAP revenue was $50.1 million, compared with $55.5 million reported for Q1 2019.GAAP net loss was $5.9 million or $0.06 per diluted share, compared with GAAP net loss of $5.7 million or $0.06 per diluted share reported for Q1 2019.Non-GAAP net... More