Shares of integration software maker
enjoyed a boost Monday after reporting its fiscal second-quarter results will exceed the lower end of guidance.
Shares of webMethods rose 43 cents, or 9.7%, to $4.85 in recent trading.
Fairfax, Va.-based webMethods said it expects its second-quarter total revenue to exceed the lower end of guidance targets, which ranged between $45 million and $50 million, and its pro forma net loss to exceed the lower end of its target range of 8 cents to one cent a share.
Wall Street analysts are expecting second-quarter revenue to total $46.9 million and a pro forma loss of 5 cents a share, according to Thomson Financial/First Call.
webMethods will release results for its second quarter, which ended last month, on Oct. 22.