JDA Software (JDAS) issued a release discussing the last mileston of its Manugistics acquisition (a former Bait Shop member), but it also issued guidance. The revenues for Q4 2006 were approxim,ately $89 million ($17.7 million in software) and it gave EBITDA guidance of $14 million. Unfortunately the street estimate for the quarter is just under $94 million.
CEO Hamish Brewer made the following comments as far as the continued expectations: "The sales growth in the Americas and EMEA has already underscored the revenue opportunities created by the combination of JDA and Manugistics. Although we experienced a number of earnings setbacks in the quarter, many of which were related to the integration of Manugistics, I do not anticipate ongoing recurrence of these detrimental impacts."
JDAS shares are down just over 3.5% at $14.20 in after-hours trading, but shares closed up 1.2% at $14.74 in regular trading. It only traded almost 300,000 shares on the day. The 52-week trading range is $12.46 to $17.17, so if they can make the "one quarter" issue stick then they might not get punished too bad.
Jon C. Ogg
January 11, 2007
Top Gaining Stocks
Top Losing Stocks