S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Services

ClickSoftware Stumbles on Lowered Forecast (CKSW)

Photo of Paul Ausick
By Paul Ausick Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Workforce management software maker ClickSoftware Technologies Ltd. (NASDAQ: CKSW) this morning forecast revenue for its first fiscal quarter at approximately $21.6 million, substantially lower than the $23.4 million consensus analyst estimate. The company said it is leaving its full-year revenue forecast at $100-$105 million. Analysts put the full-year revenue number at $102.9 million.

The company’s CEO said:

While first quarter revenues came in somewhat below expectations, I would not read into this more than a seasonal first quarter softness. We continue to make intense progress with our new mobility initiative and other growth plans, and are very excited with the opportunities in the market.

ClickSoftware’s shares are down about -14% at $10.76 in a 52-week range of 7.12-$13.07.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Why AMD Earnings Are Driving Shares Higher
Paul Ausick |

Why AMD Earnings Are Driving Shares Higher

AMD beat estimates and offered a strong year-over-year revenue outlook.
Why Investors Are Running Away From Canadian Solar After Earnings
Paul Ausick |

Why Investors Are Running Away From Canadian Solar After Earnings

Canadian Solar missed analysts estimates when it reported quarterly and full-year earnings Tuesday morning. The outlook for the first quarter…
Paul Ausick |

Rackspace Forecast Hurt by Strong Dollar

Rackspace Hosting reported fourth-quarter and full-year 2014 results after markets closed Tuesday evening.
What’s Lit the Fuse Under Soaring Zillow Stock
Paul Ausick |

What’s Lit the Fuse Under Soaring Zillow Stock

Online real-estate services firm Zillow posted better-than-expected results after markets closed Wednesday and the company's stock price is soaring.
AMD Earnings Not Bad, but Outlook Is Shaky
Paul Ausick |

AMD Earnings Not Bad, but Outlook Is Shaky

Advanced Micro Devices Inc. (NASDAQ: AMD) reported fourth-quarter and full-year 2015 earnings after markets closed Tuesday. For the quarter, the chipmaker…
Why AMD Earnings Weren’t Bad, Just Not Good Enough
Paul Ausick |

Why AMD Earnings Weren’t Bad, Just Not Good Enough

Chipmaker AMD met profit estimates when it reported quarterly and full-year earnings after the closing bell Tuesday, but came up…
Paul Ausick |

Zynga Forecasts Even Poorer Second Quarter Earnings and Revenue

courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) reported first quarter 2013 results after markets closed today. The social games company posted…
Douglas A. McIntyre |

Research in (Slow) Motion (RIMM, AAPL, GOOG)

Mobile phone maker Research in Motion Ltd. (NASDAQ: RIMM) reported second quarter fiscal 2012 earnings after the market closed today.…
Paul Ausick |

Has ConocoPhillips Turned It Around?

ConocoPhillips beats very low estimates, but rising oil prices and cost-cutting may mark the beginning of a turnaround.

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618