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Silver Spring Networks Inc (SSNI.N)

SSNI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Silver Spring Networks reports Q3 loss of $0.47 per share
Wednesday, 8 Nov 2017 04:15pm EST 

Nov 8 (Reuters) - Silver Spring Networks Inc :Silver spring networks reports third quarter 2017 financial results.Q3 loss per share $0.47.Q3 revenue fell 35.9 percent to $47.6 million.Q3 revenue view $76.8 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.  Full Article

Silver Spring Networks amended credit agreement dated Dec. 18, 2015 to extend termination date to June 18, 2018​ - SEC filing
Monday, 6 Nov 2017 05:13pm EST 

Nov 6 (Reuters) - Silver Spring Networks Inc :Silver Spring Networks - ‍on Nov. 2, amended credit agreement dated Dec. 18, 2015 to extend termination date to June 18, 2018​ - SEC filing.  Full Article

Itron says Silver Spring Networks to pay co termination fee of $32.3 mln, if co terminates deal
Monday, 18 Sep 2017 08:48am EDT 

Sept 18 (Reuters) - Itron Inc ::Merger agreement also provides that Silver Spring will be required to pay Itron a termination fee of $32.3 million if co terminates agreement.  Full Article

Itron to acquire Silver Spring Networks
Monday, 18 Sep 2017 07:15am EDT 

Sept 18 (Reuters) - Itron Inc :Itron to acquire Silver Spring Networks to accelerate smart grid and smart city innovation and growth.Itron Inc - deal for ‍$16.25 per share​.Itron Inc - deal ‍accretive to non-GAAP EPS and adjusted EBITDA in 2019​.Itron Inc - deal for ‍approximately $830 million​.Itron Inc - ‍transaction is valued at approximately $830 million​.Itron Inc - ‍anticipates approximately $50 million in annualized cost synergies to be substantially realized within three years of completing deal​.Itron Inc - plans to finance transaction using a combination of cash and approximately $750 million in incremental new debt.Itron Inc - fully committed financing for deal has been provided by Wells Fargo.Itron Inc - deal value of about $830 million is net of $118 million of silver spring's cash​.  Full Article

Silver Spring Networks Q2 earnings per share $0.34
Tuesday, 8 Aug 2017 04:10pm EDT 

Aug 8 (Reuters) - Silver Spring Networks Inc :Silver Spring Networks reports second quarter 2017 financial results.Q2 earnings per share $0.34.Q2 revenue rose 114.5 percent to $261.6 million.Q2 revenue view $69.3 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S.  Full Article

Silver Spring Networks reports Q1 revenue $50.3 million
Tuesday, 9 May 2017 04:10pm EDT 

May 9 (Reuters) - Silver Spring Networks Inc :Silver Spring Networks reports first quarter 2017 financial results.Q1 revenue $50.3 million versus $48.6 million.Q1 revenue view $69.3 million -- Thomson Reuters I/B/E/S.Silver Spring Networks Inc qtrly loss per share $0.44.Q1 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.  Full Article

Silver Spring Networks announces Catriona Fallon as chief financial officer
Monday, 27 Mar 2017 04:15pm EDT 

Silver Spring Networks Inc - : Silver Spring Networks announces Catriona Fallon as chief financial officer . Fallon joins Silver Spring from Marin Software, where she was executive vice president and CFO .Fallon succeeds Ken Gianella, who has served as Silver Spring's interim CFO over past nine months.  Full Article

Silver Spring Networks qtrly loss per share $0.27
Tuesday, 21 Feb 2017 04:10pm EST 

Silver Spring Networks Inc : Silver Spring Networks reports fourth quarter and full year 2016 financial results . Preliminary qtrly revenue was $66.3 million, versus $199.2 million . Silver Spring Networks Inc - total backlog of $1.165 billion as of Dec. 31, 2016, up over 50pct from end of last year . Silver Spring Networks Inc qtrly loss per share $0.27 . Preliminary qtrly non-GAAP billings were $77.7 million, up 4pct .Q4 earnings per share view $0.02, revenue view $76.1 million -- Thomson Reuters I/B/E/S.  Full Article

Silver Spring Networks Q3 revenue $74.2 mln vs. I/B/E/S view $75.3 mln
Thursday, 3 Nov 2016 04:10pm EDT 

Silver Spring Networks Inc : Silver Spring Networks Inc - Qtrly non-GAAP billings of $76.1 million, up 2% . Silver Spring Networks reports third quarter 2016 financial results . Q3 non-GAAP earnings per share $0.13 . Q3 loss per share $0.29 . Q3 revenue $74.2 million versus I/B/E/S view $75.3 million .Q3 earnings per share view $0.05 -- Thomson Reuters I/B/E/S.  Full Article

Silver Spring Networks Q2 non-gaap earnings per share $0.02
Thursday, 4 Aug 2016 04:10pm EDT 

Silver Spring Networks Inc : Silver spring networks reports second quarter 2016 financial results . Q2 earnings per share $0.50 . Q2 revenue view $68.2 million -- Thomson Reuters I/B/E/S . Q2 non-gaap earnings per share $0.02 . Q2 revenue rose 58 percent to $122 million . Q2 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S .Q2 non-gaap billings of $71.8 million, up 4%.  Full Article