Silver Spring

Silver Spring Networks builds networks that enable a utility to make the business changes necessary today to improve efficiency, reliability, and customer service while reducing costs. Built for real-time networking, its open standards permit multiple vendors to innovate new products and services for the utility while remaining scalable and secure for system-wide implementation. Seamlessly integrate these new networking technologies while simultaneously building in redundancy, integrity and reliability and increasing operational efficiencies.

Company Growth (employees)
Type
Public
HQ
San Jose, US
Founded
2002
Size (employees)
702 (est)+8%
Silver Spring was founded in 2002 and is headquartered in San Jose, US

Key People at Silver Spring

Michael Bell

Michael Bell

President, CEO
Rick Arnold

Rick Arnold

General Counsel & Secretary

Silver Spring Office Locations

Silver Spring has offices in San Jose, Chicago, Escondido, San Antonio and in 9 other locations
San Jose, US (HQ)
230 W Tasman Dr
São Paulo, BR
1089 Av. Roque Petroni Júnior
Paris, FR
26 Boulevard Malesherbes
London, GB
305 1 Eversholt St
Singapore, SG
02 11 460 Alexandra Rd
Melbourne, AU
25 360 Collins St
San Antonio, US
1200 300 Convent St
Escondido, US
105 120 W Grand Ave
Chicago, US
4025 Willis Tower 233 S Wacker Dr

Silver Spring Metrics

Silver Spring Financial Metrics

Revenue (2016)

$311 m

Revenue growth (2015-16), %

(36%)

Gross profit

($172.5 b)

Gross profit margin (2016), %

(55464%)

Net income (2016)

($21.6 m)

Market capitalization (28-Apr-2017)

$605.2 m

Closing share price (28-Apr-2017)

$11.4

Cash (31-Dec-2016)

$50.4 m
Silver Spring's current market capitalization is $605.2 m.
Silver Spring's revenue was reported to be $311 m in FY, 2016 which is a 36% decrease from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$326.9 m$191.3 m$489.6 m$311 m

Revenue growth, %

(41%)156%(36%)

Cost of goods sold

$166.1 m$115.3 m$150.3 m$77.2 m$202.4 m$172.8 b

Gross profit

$176.5 m$114.1 m$287.1 m($172.5 b)

Gross profit Margin, %

54%60%59%(55464%)

Operating expense total

$157.1 m$144.2 m$142.8 m$158.1 b

EBIT

($41.8 m)($87.9 m)$83 m($19.9 b)

EBIT margin, %

(13%)(46%)17%(6406%)

Interest expense

$343 k$4.3 m$1.2 m$132 k$52 k$7 m

Interest income

$86 k$316 k$468 k$470 m

Pre tax profit

($66.6 m)($87.7 m)$83.1 m($19.3 b)

Income tax expense

$363 k$390 k$224 k$1.4 m$3.1 m($2.4 b)

Net Income

($66.8 m)($89.2 m)$80 m($21.6 m)
Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$42.7 m$71.7 m$72.6 m$82.6 m$60.5 m$65.3 m$50.4 m

Accounts Receivable

$69.7 m$54.7 m$47.8 m$44.8 m

Inventories

$4.8 m$5.1 m$10.8 m$12.5 m

Current Assets

$262.1 m$222.3 m$384.5 m$378.4 m

PP&E

$12.4 m$12.9 m$14.1 m$29 m

Total Assets

$516.4 m$548.2 m$457.7 m$447.1 m

Accounts Payable

$31.3 m$27.5 m$30.6 m$26.8 m

Current Liabilities

$166.7 m$143.9 m$378.8 m$363.2 m

Additional Paid-in Capital

$539 m$573.3 m$594.3 m$618.6 m

Retained Earnings

($617.3 m)($706.4 m)($626.4 m)($648.1 m)

Total Equity

($78.1 m)($133.8 m)

Financial Leverage

-6.6 x-4.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($66.8 m)($89.2 m)$80 m($21.6 m)

Depreciation and Amortization

$6.6 m$6.5 m$7.8 m$8.6 m

Accounts Receivable

($13 m)$15.6 m$7.4 m$3.1 m

Inventories

($1.2 m)($724 k)($5.1 m)$2.3 m

Accounts Payable

$2.8 m($4.1 m)$3.1 m($4.5 m)

Cash From Operating Activities

$10 m($8.8 m)$19.7 m$20.8 m

Purchases of PP&E

($4 m)($6.1 m)($5.4 m)($24.8 m)

Cash From Investing Activities

($67.2 m)($12.3 m)($11.7 m)($33.9 m)

Cash From Financing Activities

$77.1 m($983 k)($3 m)($1.6 m)

Silver Spring Operating Metrics

FY, 2016

Network Users

25.5 m

Silver Spring Market Value History

Silver Spring Revenue Breakdown

Silver Spring Job Categories

Silver Spring Online Presence

Silver Spring News

Silver Spring Company Life

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