When Jive Software (NASDAQ:JIVE) came public back at the end of 2011, the stock promised huge potential to become the social business platform of choice to rival Facebook's (NASDAQ:FB) consumer network. The cloud software firm instead has floundered as other cloud based software firms have soared. Does this social butterfly have the potential for a similar rebound to what Facebook recently made?
Jive Software offers a cloud-based collaboration network that connects employees, customers and partners. It also offers the only pure-play option with the other leading competitor bought by Microsoft (NASDAQ:MSFT) a while back.
With quarter after quarter of disappointing guidance, the company still forecasts growth that exceeds over 20% on a yearly basis.
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