Callidus Software (CALD) Releases Quarterly Earnings Results, Hits Estimates
Callidus Software (NASDAQ:CALD) released its earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.02, AnalystRatings.NET reports. The company had revenue of $32.50 million for the quarter, compared to the consensus estimate of $31.01 million. During the same quarter last year, the company posted ($0.02) earnings per share. Callidus Software’s revenue was up 25.5% compared to the same quarter last year. Callidus Software updated its Q3 guidance to $0.03-0.05 EPS and its FY14 guidance to $0.12-0.16 EPS.
Callidus Software (NASDAQ:CALD) traded down 4.71% during mid-day trading on Thursday, hitting $10.72. 422,076 shares of the company’s stock traded hands. Callidus Software has a 52-week low of $6.61 and a 52-week high of $15.50. The stock has a 50-day moving average of $11.45 and a 200-day moving average of $11.77. The company’s market cap is $492.7 million.
Callidus Software Inc, provides cloud-based solutions for sales effectiveness, sold to companies of every size throughout the world.
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