Silver Spring Networks (SSNI) Tops Q1 EPS by 2c
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Silver Spring Networks Reports First Quarter 2015 Financial Results
May 7, 2015 4:05 PM EDT18% Year-over-Year Growth in Non-GAAP Gross Profit
60% Top-Line Growth in New Solutions
Record Managed Services and SaaS Top-Line
Five New International Signings
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Silver Spring Networks, Inc. (NYSE: SSNI) today announced financial results for its first quarter ended March 31, 2015.
First Quarter Results (all comparisons made are against the prior year period, unless otherwise stated)
Non-GAAP revenue for the first quarter was $63.1 million, down 12%. GAAP revenue was $144 million,... More