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Tangoe, Inc. Announces Second Quarter 2012 Financial Results

Release date: 8/8/2012
  • Total revenue of $36.3 million, up 39% year-over-year
  • GAAP operating income of $0.5 million; non-GAAP operating income of $4.4 million, up 52% year-over-year
  • GAAP net income of $0.3 million; non-GAAP net income of $4.2 million
  • Adjusted EBITDA of $4.7 million, up 52% year-over-year
  • Increases revenue and profitability guidance – including and excluding the expected impact from the Symphony Teleca’s TEM Business acquisition

Orange, Conn., August 8, 2012 — Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of communications lifecycle management (CLM) software and related services, today announced financial results for its second quarter ended June 30, 2012.

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