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April 25, 2015 8:18 AM ET

Commercial Services and Supplies

Company Overview of ServiceSource, Inc.

Company Overview

ServiceSource, Inc., a nonprofit disability resource organization, provides employment, training, habilitation, and housing and support services to individuals with disabilities. It offers government services, including administrative support, contract management, logistics, secure mail operations, and total facilities management; manufacturing, assembly, and packaging services; document management services; secure document destruction services; and electronics recycling services. The company also provides customized business services, such as mailroom management, retail support, food, janitorial/custodial, laundry, and other services; and individual services comprising affirmative employmen...

6295 Edsall Road

Suite 175

Alexandria, VA 22312

United States

Founded in 1971

Phone:

703-461-6000

Fax:

703-461-3906

Key Executives for ServiceSource, Inc.

President
Age: 60
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Executive Vice President
Executive Vice President of Community Relations
Treasurer and Director
Compensation as of Fiscal Year 2014.

ServiceSource, Inc. Key Developments

ServiceSource Appoints Gregory Hopkins as Chief Customer Officer

ServiceSource announced the appointment of software and technology veteran Gregory Hopkins as Chief Customer Officer, effective April 20, 2015. Hopkins brings over 25 years of experience in the technology industry where he has overseen sales for multibillion dollar companies and maintained the client bases for Fortune 100 companies. Hopkins will spearhead all global sales, marketing and customer-facing initiatives, with an emphasis on accelerating adoption amongst the company's customer base of Fortune 2000 enterprises. Previously, Hopkins was the executive vice president of global sales for Stream Global Services, Inc.

ServiceSource to Open First National Capital Area Disability Resource Center

ServiceSource will be opening the first disability resource center in the National Capital Area. The organization purchased a building in Oakton, Virginia, as the future home of the National Capital Area Disability Resource Center (DRC). This facility will expand Service Source's services, target specialized needs and improve programs through technology and strategic partnerships. Once renovations are complete, the DRC will serve as a national model of accessibility, sustainability and innovation for service people with disabilities. The National Capital Area Disability Resource Center is a groundbreaking initiative that will serve as a new headquarters for ServiceSource and provide more programs for people with disabilities and their families in the region. Additionally, ServiceSource will continue to maintain other Service Centers strategically located within communities where services and resources are most needed. The National Capital Area Disability Resource Center in Oakton will house several new programs: Education and Disability Employment Institute--a multi-faceted educational and activities based program that provides computer-skills training, employment training and innovative entrepreneurial activities along with health and wellness fitness programs, and creative arts; One-stop Employment Resource Center--drop-in job placement center where individuals seeking employment have access to online databases and job support guidance in seeking employment with third-party employers. Job programs are tailored to meet the specific needs of individuals with disabilities, including those with autism spectrum disorders, and veterans who have disabilities through ServiceSource's Warrior Bridge program; Community Services Suite--designed to be a resource drop-in center for individuals, family members and the community at large. One such resource is ServiceSource's Family Support Net program that provides direct supports and information sharing for individuals with disabilities and their caregivers.

ServiceSource, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2013

ServiceSource, Inc. reported earnings results for the second quarter and six months ended June 30, 2013. The company has reported a net loss of $4.91 million, or $0.06 loss per share, for the second quarter ended June 30, 2013, compared to a net loss of $36.77 million, or $0.5 loss per share, for the same quarter ended June 30, 2012. Net revenue for the second quarter ended June 30, 2013 was $67.7 million, compared to $59.69 million for the same quarter ended June 30, 2012. Net loss for the six months ended June 30, 2013 was $15.36 million, or $0.2 loss per share, compared to a net loss of $38.04 million, or $0.52 loss per share, for the same period ended June 30, 2012. Net revenue for the six months ended June 30, 2013 was $128.82 million, compared to $117.27 million for the same period ended June 30, 2012.

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