Enterprise software vendor Tibco (TIBX) this afternoon reported fiscal Q4 revenue that missed analysts’ estimates, though coming in slightly above the company’s pre-announcement two weeks ago, and beat on the bottom line with profit that exceeded its forecast range.
Revenue in the three months ended in November rose to $296.5 million, yielding EPS of 42 cents.
The results were higher than Tibco’s December 4th pre-announcement for revenue in a range of $292 million to $295 million, and earnings per share of 37 cents to 38 cents.
Analysts had been modeling $297.6 million and 39 cents. Prior to the pre-announcement, analysts had been modeling $316 million and 44 cents.
For the current quarter, the company sees revenue in a range of $241 million to $245 million, and EPS in a range of 17 cents to 18 cents. The revenue figure is above the consensus for $241 million, but the EPS figure is below the average 21-cent estimate.
Tibco shares are up $1.01, or 5%, at $21.75.
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