Baird Cuts Price target on Opower (OPWR) to $9; Says Low Guide may Pressure the Stock
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Exelon’s Utilities Select Opower for Innovative Analytics and Engagement Services to Enhance Service and Reduce Costs for Customers
February 29, 2016 4:30 PM ESTBGE, ComEd and PECO to use Opower customer programs
ARLINGTON, Va.--(BUSINESS WIRE)-- Opower (NYSE: OPWR), the global leader in cloud-based software for the utility industry, announced today that it has been selected by utilities of Exelon Corporation, the nations leading competitive energy provider, to bring a comprehensive set of analytics and customer engagement services to its family of utilities, including BGE in central Maryland, ComEd in northern Illinois and PECO in southeastern Pennsylvania.
Each of the Exelon utilities has a deep commitment to exceeding the needs of its... More
Opower Announces Fourth Quarter and Full Year 2015 Financial Results
February 29, 2016 4:15 PM ESTQ4 Revenue Grows 16% year-over-year to $40.5 Million
Revenue Backlog Increases to $480 Million
Largest Deal in Company History Signed with Exelon
ARLINGTON, Va.--(BUSINESS WIRE)-- Opower (NYSE: OPWR), the global leader in cloud-based software for the utility industry, today announced its financial results for the fourth quarter and full year 2015. The company closed the year reporting revenue of $148.7 million, an increase of 16 percent year-over-year. The company also announced the largest contract in company history, a five-year deal with Exelon Corporation.
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