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Last $4.28 USD
Change Today -0.065 / -1.50%
Volume 91.4K
SREV On Other Exchanges
As of 1:31 PM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

servicesource international (SREV) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/13/15 - $6.15
52 Week Low
10/10/14 - $2.81
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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servicesource international (SREV) Details

ServiceSource International, Inc. provides recurring revenue management, maintenance, support, and subscription for technology and technology-enabled healthcare and life sciences companies. The company operates in two segments: Managed Services, and Cloud and Business Intelligence. It offers end-to-end management and optimization of the service-contract renewals process, including data management, quoting, selling, and recurring revenue business intelligence. The company provides ServiceSource Revenue Analytics, a revenue lifecycle management platform that helps subscription-based businesses to execute processes across on-boarding and adoption, up-sell and cross-sell, and retention and renewals throughout the revenue lifecycle; and Renew OnDemand, a cloud application, which offers customers with an unified view of the data from various sources and leverages a data warehouse of transactional, analytical, and industry information. It also provides ServiceSource Customer Success, a customer success management solution that enables customer to profile various stages of the customer lifecycle; and managed services comprising service performance analysis, business case, pricing and contract structuring, recurring revenue performance, customer benchmarking and continuous improvement, and developing and delivering applications. The company sells its solutions through sales organization worldwide. ServiceSource International, Inc. was founded in 2002 and is headquartered in San Francisco, California with additional offices in Colorado, Tennessee, and Washington, as well as in the United Kingdom, Ireland, Malaysia, Singapore, and Japan.

3,017 Employees
Last Reported Date: 03/17/15
Founded in 2002

servicesource international (SREV) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $41.7K
Compensation as of Fiscal Year 2014.

servicesource international (SREV) Key Developments

Levi & Korsinsky, LLP Notifies Shareholders of Servicesource International, Inc. of Pendency of Class Action

Levi & Korsinsky, LLP notified that a securities class action lawsuit has commenced in the USDC for the Northern District of California on behalf of purchasers of ServiceSource securities between January 22, 2014 and May 1, 2014. The complaint alleges that throughout the Class Period defendants issued materially false and misleading statements regarding the company's business, operations, and management which caused the stock price to inflate, allowing certain insiders to sell their ServiceSource stock at artificially-inflated prices and allowing Defendant Mike Smerklo, President and CEO of ServiceSource, to obtain millions of dollars in cash bonuses and other perks.

ServiceSource Appoints Judy Morris as its Chief Human Resources Officer

ServiceSource announced that it has appointed seasoned HR executive Judy Morris as the company’s Chief Human Resources Officer. Morris will lead ServiceSource’s HR team across all regions focusing on the attraction, development and retention of talent at all levels. Morris will also play an instrumental role in shaping the company’s future by defining an HR vision and strategy that ties together culture, systems, processes and programs across the entire global organization. In her new role, Morris will be responsible for all aspects of HR leadership, and for designing and implementing human resources strategies and services that serve the current demands and anticipate the future needs of the company. In addition, Morris will be responsible for creating and managing an effective high-volume talent acquisition strategy to ensure the appropriate level of hiring is met to support the company’s rapidly expanding client and organizational needs. Prior to joining ServiceSource, Morris served as Senior Vice President of HR at Aegis Global.

ServiceSource International, Inc. Announces New Executive Appointments

On August 12, 2015, the board of directors of Service Source International, Inc. appointed Brian Delaney as an executive officer of the company as specified under Section 16 of the Securities Exchange Act of 1934, as amended, effective immediately. Mr. Delaney has served as the Company's Chief Operating Officer since June 2015, and in such capacity oversees the Company's global Managed Services delivery teams. Mr. Delaney previously served as Chief Operating Officer of Stream Global Services, Inc. from February 2011 to March 2014. Stream was acquired in March 2014 by Convergys Corporation, where Mr. Delaney also served as Chief Operating Officer from March 2014 until May 2014. From November 2008 to January 2011, Mr. Delaney served as Senior Vice President of Operations of DISH Network Corporation. Mr. Delaney has also served in executive positions at TeleTech Holdings, Inc. and Ticketmaster Entertainment, Inc. On August 12, 2015, the board of directors of the Company appointed Gregory Hopkins as an executive officer of the Company as specified under Section 16 of the Exchange Act, effective immediately. Mr. Hopkins has served as the Company's Chief Customer Officer since April 2015, and in such capacity oversees the Company's global go-to-market, sales and customer success strategy. Mr. Hopkins previously served as the executive vice president of global sales for Stream Global Services, Inc. from July 2011 to March 2014, and for Convergys Corporation after it acquired Stream, from March 2014 until April 2015. Prior to that, Mr. Hopkins served as Chief Executive Officer of Netlink Software Group America, Inc. from July 2010 to July 2011. Mr. Hopkins has also served in executive and management positions at TeleTech Holdings, Inc., Telwares, Inc., IBM Tealeaf Technology, Inc. and AT&T Technologies, Inc.


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Price/Sales 1.3x
Price/Book 2.2x
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TEV/Sales 0.1x

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