Evolving Systems: Q4 Earnings Snapshot

Evolving Systems: Q4 Earnings Snapshot
March 17, 2021
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ENGLEWOOD, Colo. (AP) _ Evolving Systems Inc. (EVOL) on Wednesday reported fourth-quarter net income of $587,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Englewood, Colorado-based company said it had net income of 5 cents. Earnings, adjusted for one-time gains and costs, were 7 cents per share.
The provider of software services to the wireless, wire-line and cable markets posted revenue of $7 million in the period.
For the year, the company reported net income of $643,000, or 5 cents per share, swinging to a profit in the period. Revenue was reported as $26.4 million.

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