Demandware (DWRE +9.3%) is now up strongly after beating Q2 estimates and guiding on its...


Demandware (DWRE +9.3%) is now up strongly after beating Q2 estimates and guiding on its earnings call for 2012 revenue of $75M-$76M, above a consensus of $73.6M. EPS is only expected to be in-line due to gross margin pressure. The strong top-line guidance comes in spite of declining revenue from 10% customer Neckermann, whose bankruptcy filing pressured Demandware last month. 1/3 of new Q2 customers came from Europe. (Goldman upgrade)

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