Seeking Alpha

Ariba (ARBA +13.1%) is making 10-year highs following a solid FQ2 report, highlighted by a 59%...

Ariba (ARBA +13.1%) is making 10-year highs following a solid FQ2 report, highlighted by a 59% sales jump for its business e-commerce network. In addition, subscription software sales rose 32%, evidence of Ariba's effective transition to a cloud model for its spend-management offerings. During its earnings call, Ariba guided for FY12 revenue of $525M-$535M and EPS of $0.96-$1.00, compared with a consensus of $528.2M and $0.95.
Comments (1)
  • Stone Fox Capital
    , contributor
    Comments (7009) | Send Message
     
    So its worth 40x though half the market trades below 10x with faster growth. This market is bipolar.
    27 Apr 2012, 01:22 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs