BroadSoft Reports Third Quarter 2015 Financial Results

BroadSoft Reports Third Quarter 2015 Financial Results

GAITHERSBURG, MD — (Marketwired) — 11/04/15 — BroadSoft, Inc. (NASDAQ: BSFT), a leading global provider of Internet protocol-based, or IP-based, communications services to the telecommunications industry, today announced financial results for the quarter ended September 30, 2015.Total revenue increased 26% year-over-year to $69.1 millionGAAP gross profit equaled 67% of total revenue; non-GAAP gross profit equaled 74% of total revenueGAAP loss from operations totaled $(1.1) million or 2% of r