What Investors Need to Know About Silver Spring Networks, Inc.'s Q3 Earnings
Earlier in November, Silver Spring Networks (NYSE: SSNI) released earnings for the third quarter. Bringing networking solutions to cities and power grids around the world, the company is using the Internet of Things to transform aging infrastructures to smart cities and power grids.
Silver Spring consists of two operating segments -- product and service -- though it's the product segment that contributes more to the top line, more than 72% of the total revenue year to date. The service segment, on the other hand, may be where the best growth opportunity lies