TIBCO Software (TIBX) rose in pre-market trading, after the company reported a rise in third quarter earnings.
The stock was up 28 cents just after 9:00 am ET, climbing to $7.07. If pre-market gains hold, the stock will open at its highest level since Tuesday.
Thursday after the closing bell, Tibco Software reported third quarter EPS of $0.06 compared to $0.02 in the last year quarter.
On a non-GAAP basis, EPS for the quarter was $0.11 compared to $0.06 in the previous year quarter. Analysts expected the company to report earnings of $0.08 per share.
Total revenue for the quarter was $162.3 million, compared to $135.1 million a year-ago. Analysts expected revenues of $154.75 million.
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