For the second quarter ServiceSource reported a loss of -9 cents a share, missing the Capital IQ Consensus Estimate of a loss of -6 cents a share by 3 cents. Revenue fell -2.1% from the year-ago quarter to $66.31 million. Analysts expected revenue of $69.72 million for the quarter.
Must read: Warren Buffett's 25 Favorite Stocks
TheStreet Ratings team rates SERVICESOURCE INTL INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate SERVICESOURCE INTL INC (SREV) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself."