Earnings Volatility Drives These Stocks in a New Direction
Tangoe Inc (NASDAQ:TNGO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 66.67% to $0.15 in the quarter versus EPS of $0.09 in the year-earlier quarter. Revenue Rose 31.36% to $44.86 million from the year-earlier quarter.
Tangoe Inc reported adjusted EPS income of $0.15 per share. By that measure, the company beat the mean analyst estimate of $0.14. It beat the average revenue estimate of $44.17 million.