Seeking Alpha

Silver Spring issues Q4 warning, shares halted

  • Silver Spring (SSNI) expects Q4 revenue of $88M-$89M and EPS of -$0.01 to $0.00, well below a consensus of $104.9M and $0.18. (PR)
  • The smart grid hardware/software vendor blames a failure to close "a few expected deals." Backlog stood at $875M at the end of 2013, +17% Y/Y.
  • CC at 5PM ET.

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