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May 2, 2014
09:19 EDTSREVServiceSource weakness a buying opportunity, says Northland Securities
Northland recommends buying ServiceSource on today's weakness due to disappointing Q1 results. The firm believes demand for the product remains strong and the company will resolve operational issues. Shares are Outperform rated with a $9 price target, down from $13.
News For SREV From The Last 14 Days
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October 7, 2014
08:02 EDTSREVServiceSource names Simon Biddiscombe as interim CFO
ServiceSource appointed Simon Biddiscombe as interim CFO, effective as of September 29, 2014. Mr. Biddiscombe replaced Ashley Johnson, who became Acting CEO in August, when Mike Smerklo stepped down as CEO after an 11-year tenure. Mr. Biddiscombe joins ServiceSource with a 25-year track record in senior leadership roles at leading technology companies. Jim Dunham, who previously served as Senior Vice President of Product Management, will succeed Richard Campione as the President of the Cloud & Business Intelligence unit. Tom Bonos has resigned from his role as Executive Vice President of Outside Sales to pursue other opportunities. The regional sales leaders will now report in to Ashley Johnson, Acting CEO.
08:02 EDTSREVServiceSource reaffirms Q3 guidance

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