Tag Archives: tibx

Tibco Transition To Cloud Creates Near-Term Pressure

Tibco Software (TIBX) stock plummeted 14% to a six-month low in early trading Friday after the maker of middleware and data analytics software late Thursday gave earnings and sales guidance for the current quarter that fell far short of Wall Street expectations. The company’s license revenue for its fiscal Q4 that ended Nov. 30 also missed analyst views as it transitions much of its business from a license model to a cloud software-as-a-service

Tibco Software Outlook, License Revenue Disappoint

Tibco Software posted Q4 earnings above views late Thursday, but license revenue disappointed and its outlook for the current quarter fell well short of expectations. Tibco (TIBX) stock was down 14% in after-hours trading, after it released its results. For its fiscal Q1 ending Feb. 28, Tibco expects earnings per share minus items of 17-18 cents on revenue of $247 million to $253 million. But analysts polled by Thomson Reuters had expected 21

Tibco Software Could Beat Fourth-Quarter Estimates

Tibco Software (TIBX) may be on the road to recovery. The enterprise software company is expected to meet or even exceed estimates when it reports its fourth-quarter numbers after the market closes on Thursday. If so, the company would report its second consecutive quarter of results that topped views after four quarters in which it posted at least a revenue miss. Tibco is a leading provider of infrastructure software that addresses the