Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $9.14 USD
Change Today -0.17 / -1.83%
Volume 128.1K
SSNI On Other Exchanges
New York
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

silver spring networks inc (SSNI) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/31/14 - $17.73
52 Week Low
12/1/14 - $6.90
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

silver spring networks inc (SSNI) Related Businessweek News

No Related Businessweek News Found

silver spring networks inc (SSNI) Details

Silver Spring Networks, Inc. provides networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. The company’s networking platform provides two-way communication between the utility back office and devices on the power grid. Its networking platform consists of hardware, such as access points and relays; UtilOS, a network operating software; and GridScape management and security software. The company’s analytic platform enables its customers to use the data generated by devices on the network to provide insights for decision making. It offers various solutions include advanced metering solution, which provides utilities with two-way communication, enabling utilities to remotely perform functions, such as reading meter usage, capturing time-of-use consumption data, connecting and disconnecting service, and detecting power outages; distribution automation solution that provides two-way communication from distribution devices along the power grid to the back office or substations, providing utilities with real-time information for grid monitoring and control; demand-side management consisting of energy efficiency solutions, demand response, and electric vehicle charging management; and street light solutions. In addition, the company provides professional services that include network design and optimization, deployment support, software and systems integration, program management, consulting, and training services; managed services and software as a service; and technical, network, and product support at various service levels. It operates in the United States, Canada, Australia, New Zealand, South America, Asia, and Europe. The company was formerly known as Real Time Techcomm, Inc. and changed its name to Silver Spring Networks, Inc. in August 2002. Silver Spring Networks, Inc. was founded in 2002 and is headquartered in Redwood City, California.

576 Employees
Last Reported Date: 03/2/15
Founded in 2002

silver spring networks inc (SSNI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $533.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $128.7K
Vice Chairman and Executive Vice President
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

silver spring networks inc (SSNI) Key Developments

Metrix Selects Silver Spring Networks for Advanced Metering Program in New Zealand

Silver Spring Networks announced that Silver Spring has been selected by Metrix, to partner with Metrix in delivering Advanced Metering Infrastructure (AMI) services for Trustpower, an electricity generator and energy and telecommunications retailer serving over 225,000 customers across New Zealand. The deployment will leverage Silver Spring’s multi-application, standards-based IPv6 networking platform and deliver two-way communications. This furthers the joint deployment in New Zealand by Silver Spring and Metrix, with Silver Spring’s platform being utilized by Metrix in the Northpower and Wellington Electricity networks to deliver services to retailer Mercury Energy, as well as delivering smart metering-as-a-service to multiple retailers alongside distribution network owner, Counties Power.

Silver Spring Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Silver Spring Networks, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net revenue of USD 77,411,000 compared to USD 97,164,000 a year ago. Operating income was USD 1,392,000 compared to operating loss of USD 48,000 a year ago. Income before provision for income taxes was USD 1,460,000 compared to USD 90,000 a year ago. Net income attributable to common stockholders was USD 501,000 or USD 0.01 basic and diluted per share compared to income attributable to common stockholders of USD 358,000 or USD 0.01 basic and diluted per share a year ago. Non-GAAP net income was USD 1,502,000 or USD 0.03 basic and diluted per share compared to USD 130,000 or USD 0.00 basic and diluted per share a year ago. Net cash provided by operating activities was USD 13,624,000 compared to USD 1,844,000 a year ago. Purchases of property and equipment were USD 1,851,000 compared to USD 607,000 a year ago. Total non-GAAP net revenue was USD 70,366,000 compared to USD 89,648,000 a year ago. Non-GAAP operating income was USD 2,393,000 compared to non-GAAP operating loss of USD 276,000 a year ago. Adjusted EBITDA was USD 3,937,000 compared to USD 1,332,000 a year ago. For the year, the company reported net revenue of USD 191,288,000 compared to USD 326,858,000 a year ago. Operating loss was USD 87,871,000 compared to USD 41,755,000 a year ago. Loss before provision for income taxes was USD 87,748,000 compared to USD 66,583,000 a year ago. Net loss attributable to common stockholders was USD 89,170,000 or USD 1.84 basic and diluted per share compared to USD 171,807,000 or USD 4.54 basic and diluted per share a year ago. Non-GAAP net loss was USD 24,353,000 or USD 0.50 basic and diluted per share compared to USD 3,061,000 or USD 0.08 basic and diluted per share a year ago. Net cash used in operating activities was USD 8,765,000 compared to net cash from operating activities of USD 14,000 a year ago. Purchases of property and equipment were USD 6,073,000 compared to USD 3,950,000 a year ago.

Silver Spring Networks Unveils its Fifth Generation Networking Platform, Gen5

Silver Spring Networks, Inc. unveiled the fifth generation of its critical infrastructure networking platform – Gen5. Silver Spring’s groundbreaking new Gen5 networking platform extends its technology leadership and raises the industry bar on what utilities, cities, and other network operators should expect from their smart communications networks. In addition to strengthening core smart grid operations, the new capabilities of the Gen5 platform help enable an emerging set of applications for real-time operations data, Distribution Automation, dynamic applications at the edge of the network, and smart city services. Silver Spring introduced several new Gen5-based products, including the “Milli” Communications Module (Comms Module) 5, which removes many of the cost, power, and size limitations to reliable communications for small, battery-powered edge sensors, unlocking a new era of connectivity for the Internet-of-Things (IoT). Enhancements of the Gen5 networking platform include: Speed: up to 1.2 Mbps, a 4X increase in speed, accelerating the transition from hours or days-old data to near real-time insights into grid operations and performance; Latency: nearly 3X reduction in latency to 10 milliseconds, enabling performance-intensive applications for increased grid reliability and Distribution Automation; Range: 3X increase in range to more than 50 miles, enabling cost-effective coverage across vast and varying topographies, and the ability to reliably connect hard-to-reach and rural devices; Distributed Intelligence: 10X more compute and up to 8X the memory, unlocking an array of new applications at the edge of the network such as theft detection, distributed generation integration, and faster outage detection and restoration; Power Optimization and Size: almost 2X more operational life and 5X more coverage at 1/5th the power consumption and nearly 7X smaller than previous form factors, enabling the connection of historically cost-prohibitive or power-starved devices and sensors for up to 20-years in the field.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SSNI:US $9.14 USD -0.17

SSNI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SSNI.
View Industry Companies

Industry Analysis


Industry Average

Valuation SSNI Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SILVER SPRING NETWORKS INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at