Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Saba Software Reports Preliminary Q3 Results - Quick Facts

RELATED NEWS
Trade SABA now with 

Saba Software Inc. (SABA: Quote) announced that on April 5, 2012, the Audit Committee of its Board of Directors engaged counsel to assist the Committee in an independent accounting review.

For that reason, the company will not be in a position to release earnings or timely file its Form 10-Q for the fiscal quarter ended February 29, 2012, due April 9, 2012, Saba Software said.

The company said that the Committee is reviewing transactions in prior periods. The Committee has not identified any circumstances requiring restatement of prior period results.

The company also announced preliminary financial results for the third quarter of fiscal 2012 ended February 29, 2012.

The company expects to report approximately GAAP loss per share of $0.04, non-GAAP loss per share of $0.04 and total revenues of $32 million for the third-quarter. Analysts polled by Thomson Reuters expect the company to report a loss of $0.04 per share on revenues of $33.27 million for the third-quarter. Analysts' estimates typically exclude special items.

Click here to receive FREE breaking news email alerts for Saba Software Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved notably higher over the course of the trading day on Friday after initially showing a lack of direction. The gains on the day extended the recent upward trend by the markets, with the tech-heavy Nasdaq reaching its best closing level in almost a month. Looking to capitalize on news of an Ebola diagnosis in New York City, Republican Senate candidate Scott Brown issued a statement Friday criticizing his Democratic opponent Sen. Jeanne Shaheen, D-N.H., for "waffling" on a travel ban. In another troubling sign for Democrats, the results of a Gallup poll released on Friday show that Tea Party Republicans are much more motivated to vote in the upcoming midterm elections than other Americans. The poll found that 73 percent of Tea Party Republicans are "extremely" or "very" motivated to vote in this year's elections.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.