ServiceSource International Inc
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Information Technology : IT Services | Small Cap ValueCompany profile

ServiceSource International, Inc. (ServiceSource) is a provider of customer and revenue lifecycle solutions that power enterprise revenue relationships, partnering with business to business technology and technology-enabled companies. The Company operates through two segments: Managed Services, and Cloud and Business Intelligence (CBI). The Company delivers through service teams and integral cloud-based technologies from its database of service. By integrating managed services, cloud software and data, the Company provides its clients with insights into their end customers businesses, end-to-end management and service-contract renewals process. As of December 31, 2016, it managed approximately 143 engagements across 66 clients. Its solutions are designed to optimize recurring revenue across various revenue models, distribution models and segments, including hardware, software, Software-as-a-Service (SaaS), industrial systems, technology-enabled healthcare and life sciences.

Closing Price
$1.00
Day's Change
-0.06 (-5.66%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.07
Day's Low
1.00
Volume
(Light)
Volume:
431,119

10-day average volume:
636,323
431,119

UPDATE: Marijuana producer Canopy stock surges 7% after saying it will enter U.S. hemp market

5:23 pm ET December 20, 2018 (MarketWatch)
Print

Canopy Growth Corp. (WEED.T) said the company planned to enter the U.S. hemp sector following the passage of the farm bill Thursday that legalized industrial hemp (http://www.marketwatch.com/story/cbd-and-hemp-are-now-legal-in-the-us-so-what-does-that-mean-for-pot-companies-2018-12-20). Canopy stock is up 7.8% after hours. "Canopy Growth will participate in the American market now that there is a clear federally-permissible path to the market," Chief Executive Bruce Linton said in a statement. Canopy said its investment in intellectual property from U.S.-based Ebbu Inc. and the $4 billion investment from Constellation Brands Inc. (STZ) positioned it well to enter the U.S. hemp market. Like much of the cannabis sector, Canopy closed down, dropping 1.8% during regular trading. ETFMG Alternative Harvest ETF closed down 2.2% Thursday and the S&P 500 index fell 1.6%.

-Max A. Cherney; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

December 20, 2018 17:23 ET (22:23 GMT)

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