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E.piphany Beats Expectations by 3 Cents

E.piphany

(EPNY)

reported a fourth-quarter loss today that beat Wall Street's raised expectations by three cents.

Shares of E.piphany, a maker of customer relationship management software, closed up $2.25 to $36.25 on the

Nasdaq

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today, and continued rising to $37.75 in after-hours

Island

activity

For the fourth quarter ended Dec. 31, E.piphany lost $5.2 million, excluding noncash amortization costs, or 8 cents a share. The company lost $5.6 million, or 16 cents a year, in the same period one year ago. Eighteen analysts surveyed by

First Call/Thomson Financial

, who initially expected the company to lose 17 cents a share, had already raised that estimate, and forecast that E.piphany would lose 11 cents a share.

E.piphany, which is based in San Mateo, Calif., posted fourth-quarter revenue of $49.2 million, up from $8.7 million in the year-ago quarter.