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Tibco Software Earnings Fall 47%

Business Materials 28 March 2008 01:43 (UTC +04:00)

( FOX News )- Tibco Software Inc. on Thursday reported first-quarter net income of $5.5 million, or 3 cents a share, on revenue of $146.6 million, compared to earnings of $10.4 million, or 5 cents a share on $125.7 million in sales in the same period a year ago. Excluding charges and one-time items, Tibco would have earned $14.1 million, or 7 cents a share. By that measure, Tibco met the earning outlook of analysts surveyed by FactSet Research, who also forecast sales of $144.7 million

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