Deutsche Bank Downgrades ServiceSource International (SREV) to Hold, Execution Challenges
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
CLSA Downgrades ServiceSource International (SREV) to Outperform
November 6, 2012 9:15 AM ESTCLSA downgraded ServiceSource International (NASDAQ: SREV) from Buy to Outperform with a price target of $8.00 (from $19.00) following Q3 results, weak outlook.
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Morgan Stanley Downgrades ServiceSource International (SREV) to Equalweight
November 6, 2012 6:47 AM ESTMorgan Stanley downgraded ServiceSource International (NASDAQ: SREV) from Overweight to Equalweight following Q3 results, weak outlook.
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ServiceSource (SREV) Misses Q3 EPS by 1c; Guides Q4 Revs Below the Street
November 5, 2012 4:14 PM ESTServiceSource (NASDAQ: SREV) reported Q3 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $59.1 million versus the consensus estimate of $58.84 million.
ServiceSource sees Q4 2012 revenue of $62-64 million, versus the consensus of $72.1 million.
For earnings history and earnings-related data on ServiceSource (SREV) click here.... More