Key Developments: Callidus Software Inc (CALD.OQ)
6.74USD
1 Aug 2013
$0.07 (+1.05%)
$6.67
$6.63
$6.85
$6.62
61,533
68,099
$7.03
$3.61
Latest Key Developments (Source: Significant Developments)
Callidus Software Inc Issues Q3 2013 Revenue Guidance Above Analysts' Estimates; Narrows FY 2013 Revenue Guidance; Lowers FY 2013 Net Income Guidance
Callidus Software Inc announced that for third quarter of 2013, it expects total revenue to be in the range of $26-$27 million. For fiscal 2013 the company expects revenue to be in the range of $106-$109 million, representing a narrowing of previous guidance of $105 to $110 million. GAAP operating loss is expected to be in the range of $13 to $14 million. Non-GAAP operating income is expected to be in the range of $3.5 to $4.5 million, representing a reduction from the prior guidance range of $4.0 to $5.0 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $25 million for third quarter of 2013; revenue of $106 million and net income of $1.97 million for fiscal 2013. Full Article
Panin Life Selects Callidus Software Inc's Calliduscloud's Commissions To Optimize Agent Incentive Compensation Management
Callidus Software Inc announced that Panin Life has selected CallidusCloud's Commissions, the incentive compensation management solution. The agreement was signed in the second quarter of 2013. Commissions was selected to manage agent information such as licenses, appointments, continuing education, contracts and incentive compensation to provide an end-to-end solution to drive sales performance. Full Article
Callidus Software Inc Announces New CFO
Callidus Software Inc announced the appointment of Bob L. Corey to serve as Senior Vice President, Chief Financial Officer (CFO), effective as of May 31, 2013. Mr. Corey will report to Leslie Stretch, the Company's President and Chief Executive Officer. Full Article
Callidus Software Inc Issues Q2 2013 Revenue Guidance In Line With Analysts' Estimates
Callidus Software Inc announced that for second quarter of 2013, it expects total revenue to be between $24.5 million and $25.5 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $25 million for second quarter of 2013. Full Article
Technodomus Selects Callidus Software Inc's CPQ To Accelerate Sales Cycles
Callidus Software Inc announced that Technodomus has selected CallidusCloud's Configure Price Quote (CPQ) to speed up the product selection and proposal process. The agreement was signed in the first quarter of 2013. Full Article
Callidus Software Inc Announces Chief Financial Officer Transition
Callidus Software Inc announced that after serving ten years as Chief Financial Officer, Ron Fior will be departing the Company. Mr. Fior will remain in his present role through the filing of the Company's Form 10-Q for the first quarter of 2013, after which he will remain with the Company through July 31, 2013, to help ensure a smooth transition. CallidusCloud announced that it is commencing the search for Mr. Fior's successor immediately. Scott Baumgartner, the Company's Vice President of Finance, will assume the role of interim Chief Financial Officer for the period between the filing of the Company's Form 10-Q for the first quarter of 2013 and the start date of the Company's new Chief Financial Officer. Full Article
Callidus Software Inc Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates; Issues FY 2013 Guidance; EBIT Guidance Above Analysts' Estimates
Callidus Software Inc announced that for first quarter of 2013, it expects total revenue to be between $25 million and $26 million. For fiscal 2013, it expects total revenue to be between $105 million and $110 million. Non-GAAP operating income is expected to be between $4 million and $5 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $25 million for first quarter of 2013; revenue of $107 million and EBIT of $2.44 million for fiscal 2013. Full Article
Callidus Software Inc Secures Contract
Callidus Software Inc announced that a health insurance provider has selected CallidusCloud's ICM, the Incentive Compensation Management solution for the insurance industry. The agreement was signed in the fourth quarter of 2012. Full Article
Callidus Software Inc Issues Q4 2012 Revenue Guidance In Line With Analysts' Estimates; Raises Low End Of Prior FY 2012 Revenue Guidance To A Range In Line With Analysts' Estimates
Callidus Software Inc announced that for fourth quarter of 2012, it expects revenue to be in the range of $24.8 million and $25.8 million. For fiscal 2012, it expects total revenues of between $94.5 million and $95.5 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $25.6 million for fourth quarter of 2012 and revenue of $94.5 million for fiscal 2012. Full Article
nTelos Wireless Selects Callidus Software Inc's Coaching, Commissions And CPQ
Callidus Software Inc announced that nTelos Wireless, a regional provider of wireless communications services to consumers and businesses, has selected CallidusCloud's Coaching, Commissions and CPQ. The solution will be rolled out across nTelos Wireless's direct and indirect sales professionals throughout 130 retail stores. The agreement was signed in the third quarter of 2012. Full Article

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