RightNow Reiterates 2nd-qtr View

Stock quotes in this article: RNOW  

BOZEMAN, Mont. (AP) — Business software company RightNow Technologies Inc. reiterated its second-quarter outlook on Wednesday before the start of its analyst day, which is being held in New York.

The company had predicted in April that it would report a loss of 2 cents to 4 cents per share, or a profit of 3 cents to 5 cents per share excluding items, in the quarter that ends June 30. The company also predicted revenue of $36 million.

Analysts polled by Thomson Reuters expect adjusted earnings of 4 cents per share on $36 million in revenue.

RightNow shares rose 10 percent to close at $10.47 Tuesday.

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