ServiceSource (SREV) Tops Q1 EPS by 5c

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Go back to ServiceSource (SREV) Tops Q1 EPS by 5c

ServiceSource Reports First Quarter 2015 Financial Results

May 7, 2015 4:05 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- ServiceSource® (Nasdaq: SREV), the global leader in recurring revenue management, today announced financial results for the first quarter ended March 31, 2015.

I am pleased that the ServiceSource team, through solid execution and cost control, exceeded our expectations across all key metrics in the quarter. Our Managed Services teams drove strong renewals across a majority of our customers and, while investing in the initiatives to drive our turnaround, we effectively managed our people and expenses to control costs, said Christopher Carrington, CEO of ServiceSource. We are seeing strong indicators that our... More