ServiceSource Reports Fourth Quarter and Full-Year 2020 Financial Results

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Go back to ServiceSource Reports Fourth Quarter and Full-Year 2020 Financial Results

ServiceSource (SREV) Reports In-Line Q4 EPS, Revenues Beat

February 24, 2021 4:43 PM EST

ServiceSource (NASDAQ: SREV) reported Q4 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $51.1 million versus the consensus estimate of $43.85 million.

Key Financial Results Fourth Quarter 2020

GAAP revenue was $51.1 million, compared with $54.9 million reported for Q4 2019.GAAP net loss was $1.7 million or $0.02 per diluted share, compared with GAAP net loss of $2.5 million or $0.03 per diluted share reported for Q4 2019.Non-GAAP net income was $2.3 million or $0.02 per diluted share, compared with non-GAAP net income of $0.6 million or $0.01 per diluted share reported for Q4 2019.Adjusted EBITDA,... More