Scalper1 News
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 Scalper1 News
Scalper1 News