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Broadband

BroadSoft quarterly revenues better than expected

Monday 3 August 2015 | 15:30 CET | News
BroadSoft reported second-quarter revenues of USD 64.5 million, an increase of 23 percent compared to the second quarter of 2014 and just above its guidance. The provider of hosted unified communications still moved to a net loss of USD 8.1 million or 28 cents a share, from a profit of USD 1.7 million or 6 cents a share a year ago, due to the costs of stock-based compensation. On an adjusted basis, net profit rose to USD 9.7 million or USD 0.32 per share from USD 8.7 million or USD 0.28 per share. The result was in line with the company's forecast. For the third quarter, BroadSoft foecast

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Categories: Fixed
Companies: Broadsoft / mPortal
Countries: United States
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