ServiceSource (SREV) Misses Q1 EPS by 1c

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Go back to ServiceSource (SREV) Misses Q1 EPS by 1c

ServiceSource Reports First Quarter 2022 Financial Results

May 10, 2022 9:01 AM EDT

Revenue of $48.9 million, up 8.6% year-over-year

GAAP Net Loss of $4.4 million; Non-GAAP Net Income of $1.1 million

Adjusted EBITDA of $2.6 million

Free cash flow of $1.4 million

DENVER--(BUSINESS WIRE)-- ServiceSource (NASDAQ: SREV), the customer journey experience company, today announced financial results for the three months ended March 31, 2022.

We had a strong start to the year on many fronts, maintaining healthy revenue growth and expanded profitability year-over-year, said Gary B. Moore, ServiceSources chairman and chief... More