Sphere 3D (ANY) Misses Q1 EPS by 3c

Sphere 3D (NASDAQ: ANY) reported Q1 EPS of ($0.18), $0.03 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $20.1 million versus the consensus estimate of $20 million.

Product revenue for the first quarter of 2015 was $17.2 million, compared to $0.8 million for the first quarter of 2014. Disk systems and virtualization revenue was $10.0 million, compared to $0.8 million for the first quarter of 2014. Archive product revenue was $7.2 million compared to none for the first quarter of 2014. Service revenue was $2.9 million, compared to $0.1 million in the first quarter of 2014.

For earnings history and earnings-related data on Sphere 3D (ANY) click here.

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