Ariba Inc. (ARBA) reported second quarter adjusted income from continuing operations of $0.25 per share after the bell Thursday, compared to $0.19 per share last year. The consensus estimate was for EPS of $0.22.
Ariba spiked to the upside at the open Friday, but settled into a range for the majority of the session. The stock ended the day higher by 3.99 at $39.35, with volume at a 10-month high. Ariba rose past the upper end of a 2-week trading range and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.