Evolving Systems (EVOL) Reports In-Line Q1 EPS
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Evolving Systems Reports First Quarter 2016 Financial Results
May 3, 2016 4:01 PM EDTENGLEWOOD, CO -- (Marketwired) -- 05/03/16 -- Evolving Systems, Inc. (NASDAQ: EVOL)
Four new customer wins in Q1: Two Dynamic SIM Allocation" (DSA), one Total Number Management" (TNM) and one Real-time Lifecycle Marketing" (RLM) License and services bookings up 11% year over year to $4.7 million from $4.3 million License and service backlog up 27% year over year to $7.0 million from $5.5 million 32nd consecutive profitable quarter; solid profit metrics with 78% gross margins, 28% adjusted-EBITDA margins Second quarter dividend of $0.11 per share,... More