Tibco Software Earnings: Here’s Why the Stock is Falling 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 14.8%.

Tibco Software, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 10% to $0.18 in the quarter versus EPS of $0.20 in the year-earlier quarter.

Revenue: Rose 5.36% to $237.8 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 $242.45 million.

Quoting Management: “We remain very focused on continuing the changes we initiated last year to improve our execution,” said Vivek Ranadivé, TIBCO’s chairman and chief executive officer. “I believe we are making the right moves to steady our performance and deliver our next leg of growth. Our competitive differentiation remains strong, and we are well positioned to benefit from the current trends driving enterprise IT spending, such as ‘big data,’ especially with our event-driven platform approach to integrating and analyzing data in real-time.”

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