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

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

ServiceSource Reports First Quarter 2020 Financial Results

May 7, 2020 4:05 PM EDT

Total Revenue of $50.1 million
GAAP Net Loss of $5.9 million; Non-GAAP Net Loss of $1.7 million
Adjusted EBITDA of $0.1 million

DENVER--(BUSINESS WIRE)-- ServiceSource (NASDAQ: SREV), the digital customer journey experience company, today announced financial results for the three months ended March 31, 2020.

In the face of dynamic macroeconomic conditions brought about by the COVID-19 pandemic, we delivered a strong quarter with solid execution throughout the business. We performed well against our financial objectives, delivered impressive results and outcomes for our clients, and made further progress on our strategic... More