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Shares of ServiceSource Intl (NASDAQ:SREV) moved higher by 3.09% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were up 50.00% over the past year to ($0.01), which beat the estimate of ($0.05).
Revenue of $47,638,000 decreased by 9.01% year over year, which beat the estimate of $43,000,000.
Looking Ahead
ServiceSource Intl hasn't issued any earnings guidance for the time being.
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Revenue guidance hasn't been issued by the company for now.
Technicals
52-week high: $2.10
52-week low: $0.53
Price action over last quarter: Up 27.91%
Company Profile
ServiceSource International Inc is a provider of customer and revenue lifecycle management solutions. The firm operates in a single segment which is focused on service offerings that integrate data, processes and cloud technologies. The company generates revenue through a pay-for-performance model, where clients pay a commission based on renewal sales generated. A majority of the firm's revenue is generated in North America and Latin America, and the rest from Europe, the Middle East, Africa, and Asia-Pacific.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.