Entering text into the input field will update the search result below

Tibco FQ4 guidance in-line, shares now +4.8% AH

Sep. 19, 2013 5:04 PM ETTIBCO Software, Inc. (TIBX) StockTIBXBy: Eric Jhonsa, SA News Editor
  • Tibco (NASDAQ:TIBX) guides on its FQ3 CC (webcast) for FQ4 revenue of $307M-$315M and EPS of $0.38-$0.40 vs. a consensus of $311M and $0.40. License revenue is expected to be in a range of $136M-$144M, which compares with $136.3M in the year-ago period.
  • Tibco's SOA and core infrastructure (middleware) license revenue fell 3% Y/Y (better than recent quarters), and made up 43% of total license revenue. Business optimization licenses rose 12% Y/Y, and made up 46% of license revenue.
  • SA contributor Akram's Razor recently argued Tibco should do a spin off/IPO for its business optimization unit.
  • License revenue for Tibco's closely-watched Spotfire analytics platform (included in business optimization), while up sharply Q/Q, was flat Y/Y, something Tibco attributes to tough comps. Spotfire made up roughly 1/3 of total license revenue
  • Deferred revenue was flat Y/Y and up 2% Q/Q.
  • FQ3 results, details

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
TIBX--
TIBCO Software, Inc.