Servicesource International (SREV) to Release Earnings on Monday

Servicesource International (NASDAQ:SREV) is scheduled to release its Q4 2017 earnings data after the market closes on Monday, February 19th. Analysts expect Servicesource International to post earnings of $0.03 per share for the quarter.

Servicesource International (SREV) opened at $3.18 on Monday. Servicesource International has a one year low of $2.61 and a one year high of $6.05. The firm has a market cap of $286.69, a P/E ratio of -7.23 and a beta of 1.26.

In other news, CEO Christopher Carrington purchased 33,900 shares of Servicesource International stock in a transaction dated Wednesday, November 29th. The stock was purchased at an average cost of $2.95 per share, for a total transaction of $100,005.00. Following the transaction, the chief executive officer now directly owns 853,202 shares of the company’s stock, valued at $2,516,945.90. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 30.30% of the stock is owned by insiders.

A number of research firms have recently commented on SREV. Zacks Investment Research upgraded shares of Servicesource International from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. BidaskClub upgraded shares of Servicesource International from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. Finally, ValuEngine lowered shares of Servicesource International from a “hold” rating to a “sell” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $4.63.

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About Servicesource International

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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