News Byte

Jive Results Better Than Expected; Shares Rise After-Hours

Social enterprise software concern Jive Software reported first-quarter results that were slightly better than the expectations of analysts. Billings, a key metric combining revenue and the change in deferred revenue, grew 52 percent to $28 million, while total revenue rose 58 percent. Jive’s net loss on a non-GAAP basis was 9 cents a share. Jive shares rose as much as 9 percent in after-hours trading, after falling more than 10 percent during the regular session.

Salesforce.com Likes Facebook, Loves Big Deals Ahead of Earnings Report

Big deals with Facebook and in the finance industry ahead of Salesforce.com’s earnings report are spurring its shares upward today. The trouble will be in setting expectations for next quarter.
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Intel CEO: The Future's So Bright, I Gotta Squint Just Slightly

“The worst is now behind us.” Intel CEO Paul Otellini made that brave statement back in April. And not a month later, it’s proving true. Commenting on Intel’s business during an event for financial analysts Tuesday, Otellini said, “Looking at order patterns, billings patterns, it’s a little better than expected.“
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Intel CEO: The Future’s So Bright, I Gotta Squint Just Slightly

“The worst is now behind us.” Intel CEO Paul Otellini made that brave statement back in April. And not a month later, it’s proving true. Commenting on Intel’s business during an event for financial analysts Tuesday, Otellini said, “Looking at order patterns, billings patterns, it’s a little better than expected.“
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