Callidus Software (CALD) reported quarterly earnings results on Tuesday, Aug-2-2016. The company said it had a profit of $0.06 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.05. The company posted revenue of $49.80 million in the period, compared to analysts expectations of $50.32 million. The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.
Callidus Software closed down -0.41 points or -1.96% at $20.53 with 3,80,413 shares getting traded on Friday. Post opening the session at $20.89, the shares hit an intraday low of $20.07 and an intraday high of $20.95 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on May 17, 2016, Mark Culhane (director) sold 15,000 shares at $17.15 per share price. According to the SEC, on May 17, 2016, Bob L Corey (EVP, Chief Financial Officer) sold 15,000 shares at $17.12 per share price. On May 17, 2016, Jimmy C. Duan (EVP, Chief Technology Officer) sold 20,000 shares at $17.23 per share price, according to the Form-4 filing with the securities and exchange commission.
Callidus Software Inc. is a provider of cloud-based sales marketing learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that identify leads implement territory and quota plans enable sales forces automate bid configuration pricing and quoting manage contracts streamline sales compensation and capture customer feedback for competitive advantage. The Company provides a range of services to its customers including professional services business process outsourcing services maintenance and technical support services and education services. Territory and Quota helps customers evaluate their territory quota distribution plans and strategies for meeting corporate sales goals.