Jive Software Inc (JIVE) Releases Earnings Results, Beats Expectations By $0.03 EPS

Jive Software Inc (JIVE) reported quarterly earnings results on Tuesday, May-10-2016. The company said it had a profit of $-0.04 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $-0.07. The company posted revenue of $50.70 million in the period, compared to analysts expectations of $50.00 million. The company’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.03 EPS.

Jive Software Inc opened for trading at $3.9 and hit $3.95 on the upside on Friday, eventually ending the session at $3.92, with a gain of 0.26% or 0.01 points. The heightened volatility saw the trading volume jump to 86,601 shares. Company has a market cap of $300 M.

In a different news, on Dec 4, 2015, Matthew Tucker (director) sold 8,520 shares at $5.01 per share price.

Jive Software Inc. (Jive) provides a social business platform. The Company delivers products that allow companies to connect communicate and collaborate with employees customers and partners. The Jive Platform product offerings are delivered in two key configurations Jive Internal (Jive-n) for employee networks and Jive External (Jive-x) as a platform for public communities. These products can be expanded by adding optional modules as well as connectors into existing enterprise systems and applications. The Company’s Jive Platform products can also be extended to integrate cloud and customer-built applications through published application programming interfaces (APIs). The Jive Platform is a communication and collaboration hub bringing together information and conversations from many different systems. In addition to the many integrations included with the Jive Platform Jive provides capabilities for integrating its platform with other systems.

Jive Software Inc

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