Envivio (ENVI) Posts Q3 Loss of 15c/Share

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Envivio Reports Third Quarter Fiscal 2015 Financial Results

December 1, 2014 4:05 PM EST

SOUTH SAN FRANCISCO, Calif., Dec. 1, 2014 (GLOBE NEWSWIRE) -- Envivio (Nasdaq: ENVI), a leading provider of software-based video processing and delivery solutions, today announced financial results for the third quarter of fiscal year 2015 ended October 31, 2014.

Financial Highlights

Revenue for the third quarter of fiscal 2015 was $9.0 million, compared to $11.5 million in the second quarter of fiscal 2015 and $11.7 million in the third quarter of fiscal 2014. GAAP net loss for the third quarter of fiscal 2015 was $5.4 million, or $0.20 per share, compared to a net loss of $4.1... More