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.