<< Read Full Article

Omniture's Loss Widens

Stock quotes in this article: OMTR , TLEO , CRM , N  

SAN FRANCISCO - On-demand software provider Omniture(OMTR Quote) more than doubled first-quarter revenue Wednesday, but its bottom line suffered.

The Orem, Utah company grew revenue 136% to $69.6 million, including $6.4 million in write-offs from deferred revenue from several acquisitions, from $29.5 million in revenue for the same quarter of last year. Analysts were expecting revenue of $68.8 million, according to Thomson Financial.

Omniture's loss widened to $12.9 million, or 19 cents a share, from a loss of $2.4 million, or 5 cents a share, in the year-ago quarter.

Excluding items, EPS was 10 cents, a penny better than analysts' estimates. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services