Callidus Software Inc. (CALD) Releases FY14 Earnings Guidance
Callidus Software Inc. (NASDAQ:CALD) updated its FY14 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.12-0.16 for the period, compared to the Thomson Reuters consensus estimate of $0.14, AnalystRatingsNetwork reports. The company issued revenue guidance of $129-132.5 million, compared to the consensus revenue estimate of $129.96 million.Callidus Software also updated its Q3 guidance to $0.03-0.05 EPS.
Shares of Callidus Software Inc. (NASDAQ:CALD) traded down 4.71% during mid-day trading on Thursday, hitting $10.72. The stock had a trading volume of 423,076 shares. Callidus Software Inc. has a 52 week low of $6.61 and a 52 week high of $15.50. The stock’s 50-day moving average is $11.45 and its 200-day moving average is $11.77. The company’s market cap is $492.7 million.
Callidus Software (NASDAQ:CALD) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.02. 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. Analysts expect that Callidus Software Inc. will post $0.14 EPS for the current fiscal year.
Callidus Software Inc, provides cloud-based solutions for sales effectiveness, sold to companies of every size throughout the world.
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