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Broadband

Broadsoft revenues lift 27% to USD 65.8 mln in Q4

Wednesday 25 February 2015 | 16:29 CET | News
Broadsoft reported fourth-quarter revenues of USD 65.8 million, up 27 percent from the year before. The net profit rose to USD 9.1 million or USD 0.30 per diluted share. Non-GAAP diluted EPS lifted to USD 0.64 from 0.45. CEO Michael Tessler said the positive results were mainly driven by increased demand from its hosted UC offerings. Tessler said the company wants to this year capitalise on the increasing market demand to further push its market position. The CEO expects this year to be another strong year for revenue and billings growth, aided in part by several new projects at tier-1

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