ServiceSource: 3Q Earnings Snapshot
DENVER (AP) _ ServiceSource International Inc. (SREV) on Wednesday reported a loss of $6.6 million in its third quarter.
On a per-share basis, the Denver-based company said it had a loss of 7 cents. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.
The service revenue management software company posted revenue of $57.2 million in the period.
For the current quarter ending in December, ServiceSource expects its per-share earnings to range from 2 cents to 4 cents.
The company said it expects revenue in the range of $60 million to $63 million for the fiscal fourth quarter.
ServiceSource expects full-year earnings in the range of 3 cents to 4 cents per share, with revenue ranging from $237 million to $240 million.
In the final minutes of trading on Wednesday, the company’s shares hit $1.38. A year ago, they were trading at $3.46.