ServiceSource Intl: Q2 Earnings Insights

Loading...
Loading...

Shares of ServiceSource Intl SREV moved higher by 3.09% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 50.00% over the past year to ($0.01), which beat the estimate of ($0.05).

Revenue of $47,638,000 decreased by 9.01% year over year, which beat the estimate of $43,000,000.

Looking Ahead

ServiceSource Intl hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Technicals

52-week high: $2.10

52-week low: $0.53

Price action over last quarter: Up 27.91%

Company Profile

ServiceSource International Inc is a provider of customer and revenue lifecycle management solutions. The firm operates in a single segment which is focused on service offerings that integrate data, processes and cloud technologies. The company generates revenue through a pay-for-performance model, where clients pay a commission based on renewal sales generated. A majority of the firm's revenue is generated in North America and Latin America, and the rest from Europe, the Middle East, Africa, and Asia-Pacific.

Posted In: Earnings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...