ServiceSource: 2Q Earnings Snapshot
Posted July 29, 2020 5:48 pm.
Last Updated July 29, 2020 5:54 pm.
This article is more than 5 years old.
DENVER (AP) _ ServiceSource International Inc. (SREV) on Wednesday reported a loss of $5.4 million in its second quarter.
On a per-share basis, the Denver-based company said it had a loss of 6 cents. Losses, adjusted for amortization costs and stock option expense, came to 1 cent per share.
The service revenue management software company posted revenue of $47.6 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $1.62. A year ago, they were trading at 90 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SREV at https://www.zacks.com/ap/SREV
The Associated Press
