logo
Share SHARE
FONT-SIZE Plus   Neg

Jive Software Q4 Loss Widens

Jive Software Inc. (JIVE) Tuesday reported fourth-quarter net loss of $15.6 million or $0.24 per share compared to $12.7 million or $0.39 per share last year.

Adjusted loss for the fourth quarter was $9.1 million or $0.14 per share, compared to $9.1 million or $0.28 per share in the same period last year. Analysts estimated loss of $0.15 per share for the quarter. Analysts' estimates typically exclude one-time items.

Total revenue for the fourth quarter grew 44 percent to $32.5 million. Analysts estimated revenues of $31.15 million for the quarter.

Within total revenue, product revenue increased 49 percent and professional services revenue improved of 17 percent on a year-over-year basis.

Looking forward to the first quarter, the company expects adjusted loss of $0.15 to $0.17 per share and revenues of $33.5 million to $34.5 million. Analysts currently estimate loss of $0.08 per share on revenues of $33.97 million for the quarter.

For the full year 2013, Jive expects adjusted loss of $0.53 to $0.60 per share and revenues of $148.0 million to $153.0 million. Analysts currently estimate loss of $0.27 per share on revenues of $151.27 million for the year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Checkout the companies that are expected to release quarterly financial results on Tuesday, December 12, 2017. * ARWR to benefit from collaboration agreement with Amgen * Demand for PoS software, PaaS technologies to propel PAY Q4 Two major hospitals Ascension Health and Providence St. Joseph Health are in discussion for merger to create one of the largest hospital chain, reported Wall Street Journal. The combination is expected to have 191 hospitals with an annual revenue of around $45 billion. The new entity would dethrone America's largest hospital operator Hospital Corporation of America that owns 177 hospitals and reve Uber has mistakenly charged a customer in Toronto an astounding C$18,518.50 for a five-mile, 21-minute ride. In U.S. dollar terms, the amount would be more than $14,400. The five-mile ride should have only cost between C$12 and C$16.
comments powered by Disqus
Follow RTT