Tallahassee, FL 1/17/12 (StreetBeat) -- Compuware (Nasdaq: CPWR) this morning warned that results for its fiscal third quarter ended December 31 fell short of expectations.The company said it did not hit revenue goals for the quarter for its applications performance management business or for its mainframe solutions group.
For the March 2012 fiscal year, the company now sees profits of 40-42 cents a share, and revenue growth of 8%-10%.
The Street had been expecting profits of 47 cents a share and revenue growth of better than 11%.
CPWR this morning is down 48 cents, or 4.6%, to $7.80.
StreetBeat Disclaimer
No comments:
Post a Comment