Thursday, Epicor Software Corp. (EPIC) reported fourth-quarter net income of $6.7 million or $0.11 per share, compared to net income of $1.5 million or $0.03 per share in the same quarter last year.
On a non-GAAP basis, net income for the quarter was $11.1 million or $0.19 per share, compared to non-GAAP net income of $13.6 million or $0.23 per share in the prior year quarter.
On average, seven analysts polled by Thomson Reuters expected the company to earn $0.14 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue for the quarter was $111.9 million,down from $121.9 million in the comparable quarter last year. Analysts expected the company to report revenue of $104.72 million for the quarter.
Looking ahead to the first quarter, the company expects revenue in the range of $98 million - $100 million, with non-GAAP earnings in the range of $0.10 - $0.11 per share. Analysts currently anticipate the company to earn $0.10 per share on revenue of $99.31 million for the quarter.
The company also appointed Douglas Hajjar to its board, where he formerly served from 1996 to 1999 as a director. His appointment expands Epicor's Board of Directors to eight members.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.