Chordiant Software, Inc. (CHRD) reported a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $210.60 million, or $3.43 per share. This compares with $301.63 million, or $6.93 per share, last year.
Excluding items, Chordiant Software, Inc. reported adjusted earnings of $213.50 million or $3.49 per share for the period.
Analysts on average had expected the company to earn $2.81 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 50.7% to $1.454 billion from $964.69 million last year.
Chordiant Software, Inc. earnings at a glance (GAAP) :
-Earnings: $210.60 Mln. vs. $301.63 Mln. last year.
-EPS: $3.43 vs. $6.93 last year.
-Revenue: $1.454 Bln vs. $964.69 Mln last year.
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