ServiceSource Intl: Q2 Earnings Insights
Shares of ServiceSource Intl (NASDAQ: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.
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