Did TIBCO Finally Answer This Key Question?
Jun 27th 2013 6:30PM
Updated Jun 27th 2013 6:32PM
When data analysis expert TIBCO Software reported second-quarter earnings last week, Fool contributor Anders Bylund was looking for information on one issue above all others: Has the company finally come to grips with its underperforming sales team in the Americas?
Non-GAAP earnings fell 31% year over year on flattish revenue, which is a far cry from the double-digit sales growth of years past. But CEO Vivek Ranadive finally sees some light at the end of the tunnel.
In the video below, Anders walks investors through the quarter's key points, including a pearl of Ranadive's own analysis from an exclusive phone interview, and arrives at a satisfying takeaway.
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The article Did TIBCO Finally Answer This Key Question? originally appeared on Fool.com.Fool contributor Anders Bylund owns shares of TIBCO Software, but he holds no other position in any company mentioned. Check out Anders' bio and holdings or follow him on Twitter and Google+. The Motley Fool recommends TIBCO Software. The Motley Fool owns shares of International Business Machines and Oracle. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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