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Tangoe, Inc. Announces Fourth Quarter and Full Year 2011 Financial Results

Release date: 2/15/2012

Fourth Quarter Highlights:

  • Total revenue of $29.2 million, up 57% year-over-year
  • GAAP operating income of $1.2 million; non-GAAP operating income of
  • $3.3 million, up 97% year-over-year
  • GAAP net income of $0.9 million; non-GAAP net income of $3.0 million
  • Adjusted EBITDA of $3.7 million, up 87% year-over-year and a record quarterly adjusted EBITDA margin of 12.6%

Orange, Conn., February 15, 2012 — Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of Communications Lifecycle Management (“CLM”) software and related services, today announced financial results for its fourth quarter and full year ended December 31, 2011.