TIBCO Software Q2 Adj. Profit Meets Estimate - Quick Facts

(RTTNews) - TIBCO Software Inc. (TIBX) Thursday posted second-quarter net income attributable to the company of $1.6 million, or $0.01 per share, compared to $8.7 million, or $0.05 per share in the comparable quarter last year.

Adjusted earnings for the latest quarter were $23.0 million, or $0.14 per share, down from $29.7 million, or $0.18 per share in the prior year period. On average, 17 analysts polled by Thomson Reuters expected the company to earn $0.14 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenue for the latest second quarter was $252.30 million, up from $245.85 million last year, while sixteen analysts had consensus revenue estimate of $252.37 million.