Tibco (TIBX +11.5%
) ended the day with a big gain after beating
FQ2 estimates and providing reassuring FQ3 guidance
. The company also fired
Americas sales chief Robin Gilthorpe as part of a reorg. During its earnings call
, Tibco noted Asia-Pac sales rose 40% Y/Y in FQ2, helping offset a mere 4% increase in Euro sales, where IT spending (like much else) has come under pressure. Also, the company's BPM software
sales rose 80%.