BroadSoft, Inc. (NASDAQ:BSFT) is scheduled to be posting its quarterly earnings results before the market opens on Monday, July 31st. Analysts expect BroadSoft to post earnings of $0.29 per share for the quarter. BroadSoft has set its Q2 guidance at $0.20-0.32 EPS and its FY17 guidance at $2.20-2.50 EPS.

BroadSoft (NASDAQ:BSFT) last posted its quarterly earnings data on Monday, May 1st. The software maker reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.03. The company had revenue of $79.70 million during the quarter, compared to analyst estimates of $80.42 million. BroadSoft had a negative net margin of 2.36% and a positive return on equity of 5.12%. The company’s revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the business posted $0.37 earnings per share. On average, analysts expect BroadSoft to post $0.78 EPS for the current fiscal year and $1.12 EPS for the next fiscal year.

Shares of BroadSoft, Inc. (NASDAQ:BSFT) opened at 42.65 on Monday. The stock’s 50 day moving average is $42.49 and its 200 day moving average is $41.05. The firm’s market cap is $1.31 billion. BroadSoft, Inc. has a 12-month low of $33.85 and a 12-month high of $48.40.

COPYRIGHT VIOLATION WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at

A number of analysts have recently weighed in on the stock. Northland Securities reaffirmed a “hold” rating and set a $42.00 price target on shares of BroadSoft in a report on Friday. Barclays PLC assumed coverage on shares of BroadSoft in a report on Friday, July 7th. They set an “equal weight” rating and a $45.00 price target for the company. BidaskClub downgraded shares of BroadSoft from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Cowen and Company reaffirmed an “outperform” rating and set a $51.00 price target on shares of BroadSoft in a report on Wednesday, June 28th. Finally, ValuEngine raised shares of BroadSoft from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. BroadSoft presently has a consensus rating of “Buy” and an average price target of $47.33.

BroadSoft Company Profile

BroadSoft, Inc is a global provider of software and services that enable telecommunications service providers to deliver hosted, cloud-based Unified Communications (UC) to their enterprise customers. The BroadSoft Business solution is a communications and collaboration offering that enables telecommunications service providers to offer businesses and other enterprises UC features and functionalities on a cloud-delivered basis without the need for traditional premise-based private branch exchange (PBX) equipment.

Earnings History for BroadSoft (NASDAQ:BSFT)

Receive News & Ratings for BroadSoft Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BroadSoft Inc. and related companies with's FREE daily email newsletter.