TIBCO Software Inc. (TIBX) reported first quarter adjusted EPS of $0.18 after the bell Thursday, down from $0.20 a year ago. The consensus estimate was for EPS of $0.18. Revenues grew to $237.8 million from $225.7 million last year. Analysts expected revenues of $242.45 million for the quarter.
TIBCO Software gapped open sharply lower Friday and is now down 3.51 at $19.66 on above average volume. The stock is now testing the lows of the year, trading at a 3 1/2 month low.
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