DA Davidson Downgrades Evolving Systems (EVOL) to Neutral

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Evolving Systems Reports Second Quarter 2015 Financial Results

August 4, 2015 4:00 PM EDT

ENGLEWOOD, CO -- (Marketwired) -- 08/04/15 --

Continued strong profit metrics in Q2 with 75% gross margins, 15% operating margins, 18% adjusted-EBITDA margins Two new Dynamic SIM Allocation" (DSA) orders in second quarter Company positioning DSA to support impending industry transition to embedded SIMs Third quarter dividend of $0.11 per share, payable August 28, 2015, to stockholders of record on August 21, 2015

Evolving Systems, Inc. (NASDAQ: EVOL), a leader in activation, enablement and management of services for connected mobile devices worldwide,... More