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Broadband

Broadsoft Q1 revenue up 9%, trims FY outlook

Monday 1 May 2017 | 17:22 CET | News
Unified communications provider BroadSoft reported first-quarter revenues up 9 percent year-on-year to USD 79.7 million, in line with its outlook. Its net loss widened to USD 10.5 million from USD 1.5 million a year earlier, while adjusted EPS fell to 19 cents from 37 cents a year ago. Broadsoft said it was pleased with the "solid" results and the progress made on its strategic goals during the quarter. The company slightly lowered its full-year revenue outlook to USD 380-390 million from USD 390-400 million, saying this is due reduction in its professional services and subscription and

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Categories: Fixed
Companies: Broadsoft
Countries: World
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