Jive Software Earnings: Here’s Why the Stock is Falling Now

Jive Software, Inc. (NASDAQ:JIVE) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 15.93%.

Jive Software, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.14 in the quarter versus EPS of $-0.11 in the year-earlier quarter.

Revenue: Rose 30.61% to $35.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Jive Software, Inc. reported adjusted EPS loss of $0.14 per share. By that measure, the company beat the mean analyst estimate of $-0.16. It beat the average revenue estimate of $35.16 million.

Quoting Management: “Our second quarter financial results met or exceeded our guidance on both the top and bottom line. However, the evolution of the market toward the mainstream buyer, combined with our go-to-market execution challenges, led to longer than expected sales cycles at the end of the quarter,” stated Tony Zingale, Chairman & CEO of Jive. “Despite these challenges, we signed new blue chip customers, expanded relationships with existing strategic customers and led the market by delivering significant new product innovations.”

Key Stats (on next page)…

Revenue increased 3.99% from $33.85 million in the previous quarter. EPS increased to $-0.14 in the quarter versus EPS of $-0.15 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.14 and has not changed. For the current year, the average estimate is a loss of $0.58, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)