UPDATE: Tibco Posts Upbeat Q4 Profit
December 21, 2012 at 02:51 AM EST
Tibco Software (NASDAQ: TIBX ) reported a better-than-expected fourth-quarter profit. Tibco expects licensing revenue of $84 to $88 million for the quarter. It projects Q1 adjusted profit of $0.17 to $0.18 per share, versus analysts' estimates of $0.21 per share. Tibco's quarterly adjusted profit came in at $0.42 per share.
