Phase Forward Inc. (PFWD) reported fourth quarter EPS of $0.13 after the bell Thursday, which matched the consensus estimate. The company expects to report first quarter EPS of $0.11 to $0.12 and full year 2010 EPS of $0.54 to $0.60. The consensus estimates are for EPS of $0.14 and $0.63.
Phase Forward Inc. gapped down sharply Friday and has continued to lose ground in early trade. Shares are now lower by 4.13 at $10.72, with volume at an 8-month high. The stock has dropped to over a 9-month low.
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