ServiceSource International, Inc. (NASDAQ:SREV) will be announcing its earnings results after the market closes on Tuesday, November 7th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.

ServiceSource International (NASDAQ:SREV) last announced its quarterly earnings data on Monday, August 7th. The technology company reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.03. ServiceSource International had a negative return on equity of 3.70% and a negative net margin of 17.26%. The firm had revenue of $58.30 million for the quarter, compared to the consensus estimate of $56.26 million. During the same quarter last year, the business posted $0.01 earnings per share. The firm’s revenue was down 5.9% compared to the same quarter last year. On average, analysts expect ServiceSource International to post $0 EPS for the current fiscal year and $0.14 EPS for the next fiscal year.

Shares of ServiceSource International, Inc. (SREV) opened at 3.48 on Tuesday. The stock’s market cap is $310.38 million. The firm has a 50-day moving average price of $3.53 and a 200-day moving average price of $3.60. ServiceSource International, Inc. has a 52-week low of $2.82 and a 52-week high of $6.25.

A number of research analysts have weighed in on the company. Zacks Investment Research raised ServiceSource International from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a research note on Wednesday, October 25th. Northland Securities set a $5.00 price target on ServiceSource International and gave the stock a “hold” rating in a research note on Friday, July 28th. Finally, BidaskClub raised ServiceSource International from a “sell” rating to a “hold” rating in a research note on Friday, August 25th.

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In other ServiceSource International news, Director Gary B. Moore purchased 50,000 shares of ServiceSource International stock in a transaction on Wednesday, August 23rd. The shares were bought at an average price of $3.38 per share, with a total value of $169,000.00. Following the purchase, the director now directly owns 143,627 shares in the company, valued at approximately $485,459.26. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven Cakebread sold 60,853 shares of the stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $3.27, for a total value of $198,989.31. Following the transaction, the director now directly owns 64,943 shares in the company, valued at approximately $212,363.61. The disclosure for this sale can be found here. In the last three months, insiders have acquired 126,578 shares of company stock worth $428,289. Corporate insiders own 17.90% of the company’s stock.

ServiceSource International Company Profile

ServiceSource International, Inc (ServiceSource) is a provider of customer and revenue lifecycle solutions that power enterprise revenue relationships, partnering with business to business technology and technology-enabled companies. The Company operates through two segments: Managed Services, and Cloud and Business Intelligence (CBI).

Earnings History for ServiceSource International (NASDAQ:SREV)

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