Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

ClickSoftware Technologies Q1 Profit Down; Backs FY13 Outlook - Quick Facts

RELATED NEWS
Trade CKSW now with 

ClickSoftware Technologies Ltd.'s (CKSW: Quote) net income for the first quarter of 2013 was $0.1 million, or break even per share, compared to net income of $0.7 million, or $0.02 per share, for the same period last year.

Non-GAAP net income for the quarter was $0.8 million, or $0.02 per share, compared to $1.3 million, or $0.04 per share, for the same period last year.

Total revenues for the quarter were $24.5 million, up 12% from $21.8 million in the first quarter of 2012.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.03 per share on revenues of $26.33 million for the quarter. Analysts' estimates typically exclude special items.

ClickSoftware reiterated the previously provided full year 2013 guidance. Revenues are expected to be in the range of $120 million to $125 million, representing about 20% to 25% growth over 2012. Non-GAAP earnings per share for 2013 is expected to be in the range of $0.24 to $0.30, which excludes share-based compensation, deferred taxes expense and amortization of intangible assets costs of approximately $0.08, $0.01 and $0.01 per share respectively. GAAP earnings per share is expected to be in the range of $0.14 to $0.20. Analysts expect the company to report earnings of $0.28 per share on revenues of $120.83 million for fiscal 2013.

ClickSoftware also announced that its Board of Directors approved a $0.08 per share dividend to be paid on May 22, 2013 to all shareholders of record as of the close of business on May 8, 2013.

Register
To receive FREE breaking news email alerts for ClickSoftware Technologies Ltd and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Less than a month after resigning from Congress, former House Majority Leader Eric Cantor, R-Virg., has made the move from Washington to Wall Street by joining boutique investment bank Moelis & Co. A statement from Moelis said Cantor will serve as Vice Chairman and Managing Director and also be elected to the company's Board of Directors. Stocks continue to show a lack of direction in mid-day trading on Tuesday following the long, holiday weekend. Even with the lackluster performance, the markets are largely holding on to the bulk of their recent gains. After reporting an unexpected drop in U.S. construction spending in the previous month, the Commerce Department released a report on Tuesday showing that construction spending rebounded by more than expected in the month of July.
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.