JDA Software Finds Trouble in North American Sales (JDAS)

JDA Software Group, Inc. (NASDAQ: JDAS) is showing some weakness in the logistics sector.  The after-hours news from the company on guidance shows revenue for the fourth quarter is expected to be approximately $173 million.  This is up 3% year over year, while the full year gains would be up 9%.  That implies compression in growth rates.  Here is where the summary gets interesting:

• Software Revenue Weakness in North America Partially Offset by Continued Software Revenue Strength in EMEA

REVENUE STRENGTH IN EMEA??? Go figure. Other notes with year over year comparisons:

• software and subscription revenue is expected to be approximately $37 million, a 12% decrease
• maintenance revenue is expected to increase 4% to approximately $67 million
• consulting services revenue is expected to increase 9% to approximately $68 million

The drop is being attributed to an unanticipated shortfall in fourth quarter software license sales in North America.  Shares are being punished in teh after-hours session with a drop of about 10% to $29.49 on almost 50,000 shares after the close.