Tag Archives: tibx

Tibco Software Tumbles On Q2 Earnings, Soft Outlook

Business intelligence software firm Tibco Software (TIBX) disappointed investors with a steep drop in second-quarter earnings and soft guidance for Q3. Tibco stock was down more than 7%, near 19, in morning trading on the stock market today. Late Thursday, the Palo Alto, Calif.-based company reported fiscal Q2 adjusted earnings of 14 cents a share, down 22% from the same quarter last year, on sales of $254 million, up 3%. Adjusted earnings matched

Tibco Q1 Earnings Beat Though Analytics Unit Stumbles

Tibco Software (TIBX) posted better-than-expected earnings late Thursday, but admitted that its data analytics business, called Spotfire, stumbled. The mixed message had Tibco up a fraction in early trading in the stock market today. Tibco is a leading provider of infrastructure software that addresses the middleware, business intelligence and data analytics markets. The company’s middleware serves as a sort of glue for adding other software

Tibco Might Face Stiffer Competition Over Long Haul

Tibco Software’s (TIBX) business opportunities appear stronger in the near term than over the long haul, as the enterprise software company competes with larger stalwarts Oracle (ORCL) and IBM (IBM), and fast-growing Tableau Software (DATA). That’s the assessment of Steve Koenig, analyst for Wedbush Securities, who sized up Tibco’s progress in a March 11 research report as the company tries to rebound from several execution missteps over the past