ServiceSource International, Inc. provides business process-as-a-service solutions in North America, Latin America, the Asia Pacific-Japan, Europe, the Middle East, and Africa. The company provides digital solutions, including demand qualification, demand conversion, and account management; customer success solutions, such as onboarding, adoption, and renewals management; and channel management solutions comprise partner recruitment, partner onboarding and enablement, and partner success management. It also offers sales performance analysis, business case, pricing and contract structuring, data integration, implementation, launch, performance and execution, and client benchmarking and continuous improvement solutions. The company sells its solutions through sales organization. ServiceSource International, Inc. was founded in 1999 and is headquartered in Denver, Colorado.
IPO Year: 2011
Exchange: NASDAQ
Website: servicesource.com
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DENVER--(BUSINESS WIRE)--ServiceSource International, Inc. (NASDAQ: SREV), the customer journey experience company, announces the promotion of Jenny Frank to the position of Chief Accounting Officer. Reporting to Chief Financial Officer Chad Lyne, Ms. Frank will directly oversee all corporate accounting, SEC reporting, treasury, procurement, stock administration, and internal audit functions globally. “During her three years at ServiceSource, Jenny has made significant contributions to the company and has been instrumental in recruiting and building a world-class team,” said Chad W. Lyne, chief financial officer, ServiceSource. “We look forward to her ongoing leadership in this e
Revenue of $48.9 million, up 8.6% year-over-year GAAP Net Loss of $4.4 million; Non-GAAP Net Income of $1.1 million Adjusted EBITDA of $2.6 million Free cash flow of $1.4 million ServiceSource (NASDAQ:SREV), the customer journey experience company, today announced financial results for the three months ended March 31, 2022. "We had a strong start to the year on many fronts, maintaining healthy revenue growth and expanded profitability year-over-year," said Gary B. Moore, ServiceSource's chairman and chief executive officer. "Our results clearly show the impact of the work we've done to strengthen our operating model and refine our solution offerings. We continue to attract new logos, o
Transaction Combines Highly Complementary Customer Experience (CX) Solutions Businesses Unifies Best-in-Class Digitally-Enabled Capabilities to Support the Entire Customer Journey for B2B and B2C Clients 47% Premium for ServiceSource Stockholders Transaction was Unanimously Approved by ServiceSource's Board of Directors Stockholders Representing Approximately 33.5% of the Outstanding Voting Power Have Entered Into Voting Agreements in Support of the Transaction ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, today announced it has entered into a definitive merger agreement pursuant to which Concentrix Corporation (NASDAQ:CNXC), a leading global
Expands B2B sales capabilities, a fast growth area for ConcentrixAdds an attractive client portfolio of leading technology and new economy brandsStrong financial returns driven by significant revenue and cost synergies, and compelling valuation NEWARK, Calif., May 09, 2022 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a leading global provider of customer experience (CX) solutions and technologies, today announced that it has reached a definitive agreement to acquire ServiceSource International, Inc. (NASDAQ:SREV), a global market leader in B2B digital sales, for $1.50 per share in an all-cash transaction valued at approximately $131 million, inclusive of ServiceSource's net c
ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, announces it will release its financial results for the first quarter ended March 31, 2022 before the market opens on Tuesday, May 10, 2022 followed by a conference call at 9:30 a.m. Mountain Time (11:30 a.m. Eastern Time) to discuss those results. To access the call, please dial (877) 293-5486, or outside the U.S. (914) 495-8592, at least five minutes prior to the start time. A live webcast and replay of the call will also be available on the ServiceSource Investor Relations website under Events and Presentations. About ServiceSource ServiceSource International, Inc. (NASDAQ:SREV) is a global outso
Fourth Quarter Revenue of $55.8 million, up 9.3% year-over-year 2021 Revenue of $195.7 million, up 0.6% year-over-year 2021 GAAP Net Loss of $14.7 million; 2021 Non-GAAP Net Income of $2.0 million 2021 Adjusted EBITDA of $9.8 million ServiceSource (NASDAQ:SREV), the customer journey experience company, today announced financial results for the three and twelve months ended December 31, 2021. "We closed the year on a strong note, with revenue growth and profitability in the fourth quarter being at multi-year highs," said Gary B. Moore, ServiceSource's chairman and chief executive officer. "Our unwavering focus on executing our brand promise is enabling our clients to accelerate their go-to
ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, announces it will release its financial results for the fourth quarter and full-year ended Dec. 31, 2021 after the market close on Wednesday, Feb. 23, 2022, followed by a conference call at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss those results. To access the call, please dial (877) 293-5486, or outside the U.S. (914) 495-8592, at least five minutes prior to the start time. A live webcast and replay of the call will also be available on the ServiceSource Investor Relations website under Events and Presentations. About ServiceSource ServiceSource International, Inc. (NASDAQ:SREV) i
Company Designation Showcases Support for Veteran Community ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, today announced it has earned a designation as a Military Friendly® Employer, joining a nationwide group of leading companies that support the U.S. military veteran community across hiring, culture and supplier relationships. The Military Friendly Employer designation is awarded to companies that are committed to creating sustainable economic benefit to the military community. ServiceSource demonstrates its commitment to service men and women with its Veteran's Support Group whose charter includes mentoring of employees who are veterans. The
Company's Approach to Solving Sales and Customer Experience Challenges Attracts High Growth Cloud Leaders ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, today announced that it has signed agreements with three new clients, providing services that span the entire sales process continuum. The new clients include a top 20 financial technology company, a cloud-based workflow modernization platform provider, and a digital disruptor in the corporate e-gifting industry. Each client chose ServiceSource for its expertise with different stages of sales cycle need. The e-gifting provider will leverage ServiceSource to drive market share gains as the client'
Revenue of $48.6 million, up 6.1% year-over-year GAAP Net Loss of $3.4 million; Non-GAAP Net Income of $0.4 million Adjusted EBITDA of positive $2.0 million ServiceSource (NASDAQ:SREV), the customer journey experience company, today announced financial results for the three months ended September 30, 2021. "Our ongoing commitment to client success and focus on operational excellence enabled a pronounced inflection in our financial results in the third quarter," said Gary B. Moore, ServiceSource's chairman and chief executive officer. "We delivered on our previous commitment to return the business to year-over-year revenue growth in the second half of the year, while also making notable
ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, announces it will release its financial results for the third quarter ended Sept. 30, 2021 after the market close on Tuesday, Nov. 2, 2021, followed by a conference call at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss those results. To access the call, please dial (877) 293-5486, or outside the U.S. (914) 495-8592, at least five minutes prior to the start time. A live webcast and replay of the call will also be available on the ServiceSource Investor Relations website under Events and Presentations. About ServiceSource ServiceSource International, Inc. (NASDAQ:SREV) is a global outsou
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Revenue of $48.9 million, up 8.6% year-over-year GAAP Net Loss of $4.4 million; Non-GAAP Net Income of $1.1 million Adjusted EBITDA of $2.6 million Free cash flow of $1.4 million ServiceSource (NASDAQ:SREV), the customer journey experience company, today announced financial results for the three months ended March 31, 2022. "We had a strong start to the year on many fronts, maintaining healthy revenue growth and expanded profitability year-over-year," said Gary B. Moore, ServiceSource's chairman and chief executive officer. "Our results clearly show the impact of the work we've done to strengthen our operating model and refine our solution offerings. We continue to attract new logos, o
ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, announces it will release its financial results for the first quarter ended March 31, 2022 before the market opens on Tuesday, May 10, 2022 followed by a conference call at 9:30 a.m. Mountain Time (11:30 a.m. Eastern Time) to discuss those results. To access the call, please dial (877) 293-5486, or outside the U.S. (914) 495-8592, at least five minutes prior to the start time. A live webcast and replay of the call will also be available on the ServiceSource Investor Relations website under Events and Presentations. About ServiceSource ServiceSource International, Inc. (NASDAQ:SREV) is a global outso
Fourth Quarter Revenue of $55.8 million, up 9.3% year-over-year 2021 Revenue of $195.7 million, up 0.6% year-over-year 2021 GAAP Net Loss of $14.7 million; 2021 Non-GAAP Net Income of $2.0 million 2021 Adjusted EBITDA of $9.8 million ServiceSource (NASDAQ:SREV), the customer journey experience company, today announced financial results for the three and twelve months ended December 31, 2021. "We closed the year on a strong note, with revenue growth and profitability in the fourth quarter being at multi-year highs," said Gary B. Moore, ServiceSource's chairman and chief executive officer. "Our unwavering focus on executing our brand promise is enabling our clients to accelerate their go-to
ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, announces it will release its financial results for the fourth quarter and full-year ended Dec. 31, 2021 after the market close on Wednesday, Feb. 23, 2022, followed by a conference call at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss those results. To access the call, please dial (877) 293-5486, or outside the U.S. (914) 495-8592, at least five minutes prior to the start time. A live webcast and replay of the call will also be available on the ServiceSource Investor Relations website under Events and Presentations. About ServiceSource ServiceSource International, Inc. (NASDAQ:SREV) i
Revenue of $48.6 million, up 6.1% year-over-year GAAP Net Loss of $3.4 million; Non-GAAP Net Income of $0.4 million Adjusted EBITDA of positive $2.0 million ServiceSource (NASDAQ:SREV), the customer journey experience company, today announced financial results for the three months ended September 30, 2021. "Our ongoing commitment to client success and focus on operational excellence enabled a pronounced inflection in our financial results in the third quarter," said Gary B. Moore, ServiceSource's chairman and chief executive officer. "We delivered on our previous commitment to return the business to year-over-year revenue growth in the second half of the year, while also making notable
ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, announces it will release its financial results for the third quarter ended Sept. 30, 2021 after the market close on Tuesday, Nov. 2, 2021, followed by a conference call at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) to discuss those results. To access the call, please dial (877) 293-5486, or outside the U.S. (914) 495-8592, at least five minutes prior to the start time. A live webcast and replay of the call will also be available on the ServiceSource Investor Relations website under Events and Presentations. About ServiceSource ServiceSource International, Inc. (NASDAQ:SREV) is a global outsou
Total Revenue of $46.3 million GAAP Net Loss of $5.1 million; Non-GAAP Net Loss of $1.4 million Adjusted EBITDA of negative $0.2 million ServiceSource (NASDAQ:SREV), the customer journey experience company, today announced financial results for the three months ended June 30, 2021. "In the second quarter, our alignment to areas of industry growth and strengthening client demand contributed to acceleration throughout our business and a return to sequential revenue growth," said Gary B. Moore, ServiceSource's chairman and chief executive officer. "Companies are recognizing and embracing the importance of generating organizational value and positive outcomes across the entire customer jou
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On Wednesday, shares of ServiceSource International, Inc. (NASDAQ:SREV) experienced volatile short activity. After the activity, the stock price went down 1.39% to $1.42. The overall sentiment for SREV has been Bullish. The signal from the volatility alert is trending Bullish. Therefore, the recommendation is to Reduce Short Exposure. The volatility alert was produced on the prior trading date, 5/11/2022, with a volatility change of +63.23%. The current volatility indicator stands at 13.148. Overview: The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to
ServiceSource Intl (NASDAQ:SREV) reported quarterly earnings of $0.01 per share. This is a 150 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $48.90 million which beat the analyst consensus estimate of $45.79 million by 6.79 percent. This is a 8.61 percent increase over sales of $45.02 million the same period last year.
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Gainers ServiceSource Intl (NASDAQ:SREV) shares rose 41.7% to $1.45 during Monday's regular session. ServiceSource Intl's stock is trading at a volume of 16.3 million shares as of 13:30 EST. This is 19357.2% of its average full-day volume over the last 100 days. The company's market cap stands at $144.4 million. RealNetworks (NASDAQ:RNWK) stock moved upwards by 19.35% to $0.56. RealNetworks's stock is trading at a volume of 1.6 million shares as of 13:30 EST. This is 643.0% of its average full-day volume over the last 100 days. The company's market cap stands at $26.2 million. As per the press release, Q1 earnings came out 3 days ago. Exela Technologies (NASDAQ:XELA) shares moved upw
Concentrix Corporation (NASDAQ:CNXC) agreed to acquire customer journey experience company ServiceSource International, Inc (NASDAQ:SREV) in an all-cash transaction of $1.50 per share. The purchase price represents a 47% premium to ServiceSource's unaffected closing stock price on May 6. Concentrix is a leading provider of customer experience (CX) services and technologies. "We are delighted to join forces with Concentrix and the opportunity it provides for us to execute on our strategy to drive client success by bringing the world's greatest brands closer to their customers," commented Gary B. Moore, ServiceSource's Chair and CEO. Concentrix held $142.2 million in cash and equivalen
Transaction Combines Highly Complementary Customer Experience (CX) Solutions Businesses Unifies Best-in-Class Digitally-Enabled Capabilities to Support the Entire Customer Journey for B2B and B2C Clients 47% Premium for ServiceSource Stockholders Transaction was Unanimously Approved by ServiceSource’s Board of Directors Stockholders Representing Approximately 33.5% of the Outstanding Voting Power Have Entered Into Voting Agreements in Support of the Transaction DENVER--(BUSINESS WIRE)-- ServiceSource International, Inc. (NASDAQ:SREV), the customer journey experience company, today announced it has entered into a definitive merger agreement pursuant to which Concentrix Corporation (NASDA
Gainers ServiceSource Intl (NASDAQ:SREV) stock moved upwards by 37.2% to $1.4 during Monday's pre-market session. The company's market cap stands at $139.9 million. Akerna (NASDAQ:KERN) stock rose 4.83% to $0.65. The market value of their outstanding shares is at $23.4 million. As per the news, the Q1 earnings report came out today. ALJ Regional Hldgs (NASDAQ:ALJJ) shares increased by 4.6% to $2.5. The company's market cap stands at $106.0 million. Paysafe (NYSE:PSFE) shares moved upwards by 3.28% to $2.83. The market value of their outstanding shares is at $2.0 billion. Losers Core Scientific (NASDAQ:CORZ) stock declined by 10.1% to $4.65 during Monday's pre-market session. Th
US stock futures traded higher this morning ahead of the release of earnings reports from several companies. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Plus Therapeutics The Trade: Plus Therapeutics, Inc. (NASDAQ:PSTV) CEO Marc Hedrick acquired a total of 5,000 shares at an average price o
Gainers WM Technology (NASDAQ:MAPS) shares rose 21.9% to $5.35 during Thursday's regular session. As of 12:30 EST, this security is trading at a volume of 2.1 million shares, making up 229.2% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $351.3 million. The company's, Q4 earnings came out yesterday. Intrusion (NASDAQ:INTZ) shares moved upwards by 14.76% to $3.47. Trading volume for Intrusion's stock is 119.9K as of 12:30 EST. This is 145.4% of its average full-day volume over the last 100 days. The company's market cap stands at $65.1 million. IronNet (NYSE:IRNT) stock increased by 14.2% to $4.67. As of 12:30 EST, IronNet's stock