Evolving Systems: 3Q Earnings Snapshot

November 12, 2019 GMT

ENGLEWOOD, Colo. (AP) _ Evolving Systems Inc. (EVOL) on Tuesday reported a third-quarter loss of $217,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Englewood, Colorado-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, were less than 1 cent on a per-share basis.

The provider of software services to the wireless, wire-line and cable markets posted revenue of $6.1 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $1.15. A year ago, they were trading at $1.60.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVOL at https://www.zacks.com/ap/EVOL