WebMethods Expects to Top Guidance

Author:
Publish date:

WebMethods

(WEBM)

said it expects to meet or slightly beat its previous fourth-quarter earnings and revenue guidance, as well as the consensus analyst estimate.

According to Thomson Financial/First Call, analysts are currently expecting a loss of 5 cents a share on revenue of $49.7 million. In the year-ago quarter, the integration software provider posted pro forma earnings of $278,000, or a penny a share, on revenue of about $61.8 million.

Shares of WebMethods were recently trading up 8% to $17.00 in Instinet action after closing at $15.74 Tuesday on the

Nasdaq

.