AP NEWS

Evolving Systems: 3Q Earnings Snapshot

November 13, 2018

ENGLEWOOD, Colo. (AP) _ Evolving Systems Inc. (EVOL) on Tuesday reported third-quarter profit of $549,000.

On a per-share basis, the Englewood, Colorado-based company said it had profit of 5 cents. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.

The provider of software services to the wireless, wire-line and cable markets posted revenue of $7.4 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $1.57. A year ago, they were trading at $4.05.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVOL at https://www.zacks.com/ap/EVOL

AP RADIO
Update hourly