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TIBCO Software, Inc. (TIBX)

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TIBX is defunct.
  • Jun. 25, 2013, 5:14 PM
    More on Tibco: Ranadive also: 1) Refers to fast-growing Splunk's (SPLK) machine data software as a "point product that will do well for a period of time." He asserts Spotfire, when paired with other Tibco offerings, is better at finding patterns and setting business rules. 2) States new sales leadership will lift soft government sales. Tibco insists sales execution is its main near-term challenge. Piper, noting peers are also having issues, thinks a spending shift towards cloud software is a factor. 3) Makes a case for Tibco's ActiveSpaces in-memory "data grid" (runs across multiple servers and has built-in messaging) as an alternative to in-memory databases (such as SAP's Hana) for processing real-time business events. 4) Says only a small % of Spotfire deals include middleware, but expects the portion to grow.
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  • Jun. 25, 2013, 5:14 PM
    Tibco's (TIBX) Spotfire analytics/data visualization platform is "more of an enterprise solution" than offerings from Qlik (QLIK) and Tableau (DATA), says CEO/new Sacramento Kings owner Vivek Ranadive in a talk with Seeking Alpha following Tibco's FQ2 report (I, II). Ranadive argues Spotfire is more scalable, offers better middleware integration, and (thanks to features such as S+ and R language support) and supports deeper statistical analysis than Qlik/Tableau's solutions, which he calls "point products." Spotfire, Qlik, and Tableau have all been growing quickly; Spotifre sales rose 30% Y/Y in FQ2, partly offsetting a drop in Tibco's middleware sales, and Ranadive expects growth to remain strong in the coming quarters.
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  • Jun. 20, 2013, 5:20 PM
    Tibco (TIBX) guides on its FQ2 call for FQ3 EPS of $0.21-$0.23, below a $0.25 consensus. Shares are nearly unchanged AH after being down over 4% earlier - some bad news has clearly been priced in over the last 9 months. Discussing FQ2 results, CEO Vivek Ranadive admits more work needs to be done in improving sales execution (previous). License revenue (33% of total) -11% Y/Y, worse than FQ1's -5%. Service/maintenance revenue +6%. Opex +7% Y/Y in spite of 1% rev. drop. 147 $100K+ deals were signed in FQ2, up from FQ1's 104; $1M+ deals were steady at 12. Retail and transportation were areas of strength.
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  • Jun. 20, 2013, 4:10 PM
    TIBCO Software (TIBX): FQ2 EPS of $0.18 in-line. Revenue of $245.8M misses by $0.75M. (PR)
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  • Jun. 20, 2013, 12:10 AM
    Notable earnings after Thursday’s close: ORCL, TIBX
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  • Jun. 19, 2013, 5:35 PM
    Notable earnings after Thursday’s close: ORCL, TIBX
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  • Jun. 11, 2013, 11:23 AM
    Tibco (TIBX +0.6%) tries to strengthen its middleware hand relative to IBM and Oracle by acquiring StreamBase Systems, a developer of software that processes and streams huge quantities of business data sent between apps in real-time. Tibco notes StreamBase's software is especially useful to financial clients (Tibco's biggest vertical), and says it complements the company's BusinessEvents and BusinessEvents Extreme middleware offerings. (other Tibco purchases: Maporama, LogLogic)
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  • May 16, 2013, 12:16 PM
    Cisco JV partner EMC (EMC +4.5%) joins the list of companies rallying in response to Cisco's FQ3 beat and guidance. Cisco mentioned on its earnings call integrated hardware solutions such as Vblock (offered by the Cisco/EMC VCE JV) are driving demand for its UCS servers - Cisco's UCS unit saw 77% Y/Y rev. growth. All in all, it's a good day for enterprise IT names, who are happy to receive some good earnings news after getting plenty of bad news (I, II, III, IV). HPQ +1.7%. IBM +1.3%. ORCL +1.3%. VMW +2.6%. TIBX +4.1%. CTXS +3.9%. CRM +3.8%. JIVE +4.1%. NTGR +2.7%. CVLT +2.6%. INFA +3%. (others rallying: I, II)
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  • May 6, 2013, 10:28 AM
    Tableau Software (DATA) sets an IPO price range of $23-$26. That means the analytics software vendor, which is offering 7.2M shares (5M new shares, 2.2M from insiders), is now looking to raise $166M-$187M, more than the $150M it initially sought. The price range spells a valuation of $1.32B-$1.5B for Tableau, which is competing with Qlik (QLIK), Tibco (TIBX), and several startups in a fast-growing market for tools that can process and intelligently visualize mountains of business data. Tableau had Q1 revenue of $40M (+62% Y/Y), and a net loss of $4M. (S-1) (2012 results)
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  • Apr. 26, 2013, 9:10 AM
    Tibco (TIBX) +1.5% after announcing a new $300M buyback program, increasing the middleware/analytics software vendor's total authorization to $375.8M (12% of shares at current levels). The announcement comes with Tibco trading near its 52-week low after missing FQ1 revenue estimates and issuing light FQ2 guidance last month. Peers Informatica and Qlik delivered market-pleasing Q1 reports yesterday afternoon.
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  • Apr. 2, 2013, 5:25 PM
    White-hot analytics software vendor Tableau has filed for a $150M IPO under the PR-friendly symbol DATA. Tableau, which has developed innovative tools for visualizing and quickly analyzing data using drag-and-drop actions, posted 2012 revenue of $127.7M (+105% Y/Y), and net income of $1.6M. Sales/marketing spend more than doubled to $62.3M. Rivals include Tibco (TIBX - via Spotfire) and Qlik (QLIK - via QlikView), and business intelligence software mainstays IBM, SAP, and Oracle. (S-1) (previous)
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  • Apr. 1, 2013, 4:46 PM
    Tibco (TIBX) CFO Sydney Carey is leaving to join "a private, venture-backed technology company." COO Murray Rode will serve as interim CFO until a full-time replacement is found. The news comes shortly after CEO Vivek Ranadive blamed Tibco's recent troubles on execution issues, and suggested a restructuring could happen. (PR)
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  • Mar. 25, 2013, 2:45 PM
    Tibco (TIBX -3.4%) is acquiring Maporama Solutions, a provider of analytics software for location/geospatial data. Maporama's products include map-based tools for visualizing, processing, searching, and publishing business data. Tibco points out they complement its Spotfire analytics platform, and claims 80% of business data has a "location component."
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  • Mar. 22, 2013, 11:31 AM
    "Our issues are primarily execution-related," Tibco (TIBX -15.3%) CEO Vivek Ranadive asserts on his company's FQ1 call. He suggests Tibco has "weak leadership" in the Americas and the U.K., and hints at a restructuring. Shares have been hit with 2 downgrades following a revenue miss and light guidance. An 8% Y/Y sales drop in the critical finance vertical and a decline in $1M+ deals offset 50% growth in telecom. Randadive argues Tibco's ability to process both business transactions and events through its middleware/analytics offerings is a key differentiator. INFA -5.6% (previous). QLIK -3.1%. MSTR -2.2%.
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  • Mar. 22, 2013, 9:10 AM
    Premarket gainers: HALO +23%. ANAC +18%. MU +9%. AFFY +8%. NKE +8%.
    Losers: TIBX -16%. ABR -6%. ZIOP -5%.
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  • Mar. 21, 2013, 6:33 PM
    After-hours top gainers, as of 6:00 p.m.: NKE +8%. PCC +7%. ANAC +5%. MU +4%. GMO +3%.
    After-hours top losers: NWY -18%. TIBX -14%. TECD -9%. SNMX -8%. EGHT -4%.
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Company Description
TIBCO Software Inc. provides infrastructure and business intelligence software. Its software platform enables customers to create flexible, event-driven applications and deliver real-time, actionable insights.