JDA Software Group (JDAS) reported fourth quarter adjusted non-GAAP net income of $0.65 per share after the bell Tuesday, compared to $0.61 in the previous year. The consensus estimate was for EPS of $0.63.
JDA Software Group gapped open sharply lower Wednesday and declined until mid-morning. The stock was range-bound for the remainder of the session and closed down by 5.08 at $24.39 on the highest volume of the year. JDA Software sank to nearly a 4-month low.
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