3 Stocks Trading Lower Following Earnings Releases

Ariba, Inc. (NASDAQ:ARBA) in the first quarter as profit dropped from a year earlier. Net income for Ariba, Inc. fell to $143,000 (0 cents per share) vs. $42.1 million (45 cents per share) a year earlier. This is a decline of 99.7% from the year earlier quarter. Revenue Rose 39% to $125.7 million from the year earlier quarter. ARBA reported adjusted net income of 23 cents per share. By that measure, the company beat the mean estimate of 5 cents per share. Analysts were expecting revenue of $124.6 million.

“Ariba’s strong momentum continued during the first quarter, leading to strong revenue growth and profitability,” said Bob Calderoni, Chairman and CEO, Ariba. “We continue to solidify Ariba as the world’s largest and most global web-based business trading community and the value of our trading community continues to grow, making the Ariba Network an increasingly vital way for our customers to collaborate and conduct commerce through the cloud.”

Competitors to Watch: SciQuest, Inc. (NASDAQ:SQI), Oracle Corporation (NASDAQ:ORCL), Intl. Business Machines Corp. (NYSE:IBM), Bottomline Technologies (NASDAQ:EPAY), Manhattan Associates, Inc. (NASDAQ:MANH), Vocus, Inc. (NASDAQ:VOCS), American Software, Inc. (NASDAQ:AMSWA), Deltek Inc. (NASDAQ:PROJ), Selectica, Inc. (NASDAQ:SLTC), and MER Telemanagement Solutions Ltd. (NASDAQ:MTSL).

Juniper Networks (NYSE:JNPR) reported its results for the fourth quarter. Net income for the networking and communication devices company fell to $96.2 million (18 cents per share) vs. $190.2 million (35 cents per share) a year earlier. This is a decline of 49.4% from the year earlier quarter. Revenue fell 5.8% to $1.12 billion from the year earlier quarter. JNPR reported adjusted net income of 28 cents per share. By that measure, the company beat the mean estimate of 21 cents per share. Analysts were expecting revenue of $1.13 billion.

“While the fourth quarter was softer than we had anticipated primarily due to weak demand from service providers, Juniper delivered record revenues in a year where macro economic uncertainty increased as the year unfolded,” said Kevin Johnson, president and CEO. “During the year, we introduced innovative new products across our portfolio that we believe will enable Juniper to continue to grow faster than the markets we serve. We are confident in our strategy and our innovation pipeline, and we remain committed to delivering differentiated solutions that are highly relevant to our customers.”

Competitors to Watch: Cisco Systems, Inc. (NASDAQ:CSCO), Alcatel-Lucent (NYSE:ALU), Extreme Networks, Inc (NASDAQ:EXTR), Riverbed Technology, Inc. (NASDAQ:RVBD), ADTRAN, Inc. (NASDAQ:ADTN), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Nokia Corporation (NYSE:NOK), Hewlett-Packard Company (NYSE:HPQ), Tellabs, Inc. (NASDAQ:TLAB), and Intl. Business Machines Corp. (NYSE:IBM).

Compuware Corporation (NASDAQ:CPWR) reported its results for the third quarter. Net income for Compuware Corporation fell to $21.6 million (10 cents per share) vs. $34 million (15 cents per share) a year earlier. This is a decline of 36.5% from the year earlier quarter. Revenue rose 2.4% to $253.1 million from the year earlier quarter. CPWR fell short of the mean analyst estimate of 11 cents per share. It fell short of the average revenue estimate of $259.1 million.

“The growth Compuware delivered across its business in Q3 confirms that we have built the right portfolio for consistently increasing revenue and earnings going forward,” said Compuware CEO Bob Paul. “Compuware remains poised to deliver its largest year-over-year increase in full-year revenues in a dozen years, and we will use those results as a catapult into a profitable year of growth in FY ’13. To immediately optimize our ability to do so, we have sharply focused our team on enhancing sales execution and better expense management throughout the organization.”

Competitors to Watch: Oracle Corporation (NASDAQ:ORCL), CA, Inc. (NASDAQ:CA), Intl. Business Machines Corp. (NYSE:IBM), Quest Software, Inc. (NASDAQ:QSFT), BMC Software, Inc. (NASDAQ:BMC), Novell, Inc. (NASDAQ:NOVL), Red Hat, Inc. (NYSE:RHT), Microsoft Corporation (NASDAQ:MSFT), OPNET Technologies, Inc. (NASDAQ:OPNT), and Sybase, Inc. (SY).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com