Callidus Software (CALD) Scheduled to Post Earnings on Monday

Callidus Software (NASDAQ:CALD) is set to announce its earnings results after the market closes on Monday, February 5th.

Callidus Software (NASDAQ:CALD) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.03. The business had revenue of $64.18 million for the quarter, compared to analysts’ expectations of $62.25 million. Callidus Software had a negative return on equity of 5.67% and a negative net margin of 9.54%. On average, analysts expect Callidus Software to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Callidus Software (NASDAQ CALD) opened at $32.25 on Monday. The stock has a market capitalization of $2,200.00, a PE ratio of -92.14 and a beta of 0.84. Callidus Software has a 1-year low of $18.00 and a 1-year high of $32.30.

CALD has been the topic of a number of recent analyst reports. BidaskClub upgraded Callidus Software from a “buy” rating to a “strong-buy” rating in a report on Friday, December 15th. Zacks Investment Research cut Callidus Software from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Piper Jaffray Companies restated a “buy” rating and set a $27.00 target price on shares of Callidus Software in a report on Wednesday, November 1st. Dougherty & Co restated a “buy” rating and set a $35.00 target price on shares of Callidus Software in a report on Tuesday, December 19th. Finally, Credit Suisse Group raised their target price on Callidus Software from $30.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, November 3rd. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $30.20.

In related news, insider Leslie Stretch sold 15,354 shares of Callidus Software stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $28.33, for a total value of $434,978.82. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Jimmy C. Duan sold 15,000 shares of Callidus Software stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $29.25, for a total value of $438,750.00. Following the completion of the sale, the executive vice president now directly owns 300,075 shares in the company, valued at approximately $8,777,193.75. The disclosure for this sale can be found here. In the last three months, insiders sold 36,554 shares of company stock worth $1,047,391. 1.61% of the stock is owned by insiders.

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Callidus Software Company Profile

Callidus Software Inc (Callidus) is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Company’s CallidusCloud enables its customers to manage their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback, among others.

Earnings History for Callidus Software (NASDAQ:CALD)

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