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cintrix

12/06/13 9:26 AM

#268206 RE: smokeeater #268205

...but will it rally?
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cintrix

12/06/13 9:27 AM

#268207 RE: smokeeater #268205

Not sure what the problem is with RALY - they beat and guidance is in line: Rally Software Development beats by $0.05, beats on revs; guides Q4 EPS in-line, revs in-line
Reports Q3 (Oct) loss of $0.17 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus Estimate of ($0.22); revenues rose 49.5% year/year to $18.94 mln vs the $18.45 mln consensus.
GAAP gross margin for the quarter was 76% as compared to 78% from the same period one year ago. Excluding stock-based compensation and amortization of acquired intangible assets, non-GAAP gross margin for the quarter was 77% as compared to 78% from the same period one year ago.
The company increased total paid seats by 5,700 in the quarter, bringing total paid seat count to nearly 198,000. 
Co issues in-line guidance for Q4, sees EPS of $(0.26)-(0.24), excluding non-recurring items, vs. ($0.26) Capital IQ Consensus Estimate; sees Q4 revs of $19.2-19.4 mln vs. $19.16 mln Capital IQ Consensus Estimate.