REDWOOD CITY, Calif. (AP) ¿ Human resources software company Saba Software Inc. posted a fiscal first-quarter profit Thursday, reversing a year-ago loss as revenue inched higher and the cost of sales declined. For the three months ended Aug. 31, the company earned $1 million, or 3 cents per share, up from a loss of $2.2 million, or 8 cents per share, in the same period a year earlier. Revenue climbed 2 percent to $25.8 million from $25.3 million. Chairman and CEO Bobby Yazdani called the quarter's results a "good start to the fiscal year." Saba said it expects a profit of 7 cents to 11 cents per share for the full year. Excluding items, it is forecasting earnings of 26 cents to 30 cents per share. Shares closed up 17 cents, or 4.2 percent, at $4.26.
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