Tibco Software Outlook, License Revenue Disappoint

By | December 19, 2013

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Tibco Software posted Q4 earnings above views late Thursday, but license revenue disappointed and its outlook for the current quarter fell well short of expectations. Tibco (TIBX) stock was down 14% in after-hours trading, after it released its results. For its fiscal Q1 ending Feb. 28, Tibco expects earnings per share minus items of 17-18 cents on revenue of $247 million to $253 million. But analysts polled by Thomson Reuters had expected 21 Scalper1 News

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