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Servicesource International Inc. (NASDAQ:SREV) shares rise by 9.70%

Boston, MA 05/24/2013 (wallstreetpr) – The share prices of Servicesource International Inc. (NASDAQ:SREV) increased by 9.70 percent to close at $7.69 per share at the end of the last trading session. The shares traded in the range of $6.85 to $7.77 per share during the day. The share price of Servicesource International Inc. (NASDAQ:SREV) is currently up by 93.77 percent from its recent 52 week low price level of $4.01 per share, which had found the company an entry into the NASDAQ gainers watch list.

Servicesource International Inc. (NASDAQ:SREV) is involved in the management of service contract renewals related to contracts of maintenance, subscription and support agreements on behalf of its customers. Its integrated solution consists of a suite of cloud applications, dedicated service sales teams working under its customers’ brands and Service Revenue Intelligence Platform. By integrating software, managed services and data, Servicesource International Inc. (NASDAQ:SREV) addresses the steps of the renewals process including data management, quoting, selling and service revenue business intelligence.

Servicesource International Inc. (NASDAQ:SREV) operates its businesses in three major geographical segments such as North America and Latin America (NALA), Europe, Middle East and Africa (EMEA) and Asia Pacific Japan (APJ). The company had recently managed up to 120 engagements for 70 customers. Servicesource International Inc. (NASDAQ:SREV) presently holds 76.82 million shares outstanding and has an institutional ownership of 99 percent of its holdings. The average trading volume for the company is 586,076 shares per day which surged to heavy volume of 2.32 million shares on the last trading day.

Published by Chris Brown

About Me: I have a Phd in Economics Gender: Male Interests: Playing games like cricket, volleyball Favorite Music: hip hop, rock, jazz

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