Determine Inc (DTRM) Releases Earnings Results, Misses Expectations By $-0.06 EPS

Determine Inc (DTRM) reported quarterly earnings results on Thursday, Jun-16-2016. The company reported $-0.20 earnings per share for the quarter, missing the analyst consensus estimate by $-0.06. Analysts had a consensus of $-0.14. The company posted revenue of $6.68 million in the period, compared to analysts expectations of $6.83 million. The company’s revenue was up 12.6% compared to the same quarter last year.

In a different news, on Dec 18, 2015, Patrick Stakenas (Chief Executive Officer) sold 189 shares at $2.79 per share price. According to the SEC, on Dec 18, 2015, Michael Brodsky (Executive Chairman) sold 1,139 shares at $2.79 per share price.

Determine Inc. formerly Selectica Inc. is a provider of enterprise contract management supply management procure-to-pay and configuration solutions. The Company offers SmartContracts SmartSource and SmartAnalytics. Selectica SmartContracts combines a single enterprise-wide contract repository and authoring platform with a workflow engine capable of supporting each organization’s contract management processes. With Selectica SmartSource enterprises qualify and establish optimal supplier relationships that support savings and risk reduction objectives. With Selectica SmartAnalytics users can view manage and create reports and analytics that provide business insiders across the Company’s solutions and enable users to identify saving opportunities non-compliance opportunities for process efficiencies. It offers its services to update spend analysis sourcing supplier lifecycle management e-procurement asset management and expense management among others.

Determine Inc

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