Tibco Software Earnings: Here’s Why Investors are Selling Shares Now

Tibco Software, Inc. (NASDAQ:TIBX) delivered a profit and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 4.81%.

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Tibco Software, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 30.77% to $0.18 in the quarter versus EPS of $0.26 in the year-earlier quarter.

Revenue: Decreased 0.63% to $245.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Tibco Software, Inc. reported adjusted EPS income of $0.18 per share. By that measure, the company met the mean analyst estimate of $0.18. It missed the average revenue estimate of $246.55 million.

Quoting Management: “Improving sales execution remains our top priority. While work remains to be done, we saw signs of improvement and a healthier base of activity this quarter,” said Vivek Ranadivé, TIBCO’s chairman and chief executive officer. “Given the opportunity we see, we continue to invest for growth and innovation. Our ability to extract insights from static and real-time data and then operationalize those insights to help customers achieve the Two Second Advantage is a powerful driver and well-aligned with market needs in this era of big data.”

Key Stats (on next page)…

Revenue increased 3.37% from $237.79 million in the previous quarter. EPS were the same at $0.18 as the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.26 to a profit $0.25. For the current year, the average estimate has moved down from a profit of $1.08 to a profit of $1.03 over the last ninety days.

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

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