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Apigee Announces Record Revenue of $22.9 Million in Its Second Quarter; 35% Year-Over-Year Growth in Q2 16 Total Revenue

Q2 Revenue and non-GAAP operating loss better than guidance ranges Q2 Product Revenue of $19.7 million a 54% year-over-year increase Q2 Gross Profit of $16.2 million, a 53% year-over-year increase Accelerates guidance for positive operating cash flow, now expected by Q2 Fiscal 2017                                                                                         SAN JOSE, Calif., Feb. 29, 2016 (GLOBE NEWSWIRE) — Apigee® (NASDAQ:APIC), developer of an intelligent API platform for digital business, today announced financial results for the second fiscal quarter ended January 31, 2016. “We are pleased to deliver Q2 16 revenue above our guidance range,” said Chet Kapoor, Apigee CEO. “Companies across industry sectors are increasingly […]

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Apigee Announces Record Revenue of $22.9 Million in Its Second Quarter; 35% Year-Over-Year Growth in Q2 16 Total Revenue

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