Brief: Evolving Systems Q4 shr $0.09

Symbolic Logic

15/03/2016 20:01

March 15 (Reuters) - Evolving Systems Reports Fourth Quarter 
And Year  EVOL.O  
    * Q4 earnings per share $0.09 
    * License and services bookings in q4 increased 39% 
sequentially to $5.3 million 
    * End 2015 financial results 
    * Q4 revenue $7.1 million versus $7.6 million 
    * License and services backlog at end of q4 was $6.1 
million, up 16% sequentially from $5.2 million in q3 
    * During february of 2016 evolving systems paid down $4.0 
million of its $10.0 million revolving line of credit 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nMKWdLp6Ka 
Further company coverage:  EVOL.O  
 
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