Broadsoft (BSFT) Tops Q3 EPS By 15c; Guides Above for Q4 Revs
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Broadsoft (Nasdaq: BSFT) reports Q3 EPS of $0.08, 15 cents better than the analyst estimate of ($0.07). Revenue for the quarter was $22.3 million, which compares to the estimate of $19.60 million.
"Our third quarter results were bolstered by the continued growing demand for our consumer and hosted unified communications applications," said Michael Tessler, president and chief executive officer, BroadSoft.
For the fourth quarter of 2010, BroadSoft anticipates revenue of $31.0 to $32.0 million (Consensus is $30.17M)
For the fourth quarter, the Company expects to achieve earnings per share on a non-GAAP basis of $0.28 to $0.31 per diluted share (Consensus is $0.29)
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"Our third quarter results were bolstered by the continued growing demand for our consumer and hosted unified communications applications," said Michael Tessler, president and chief executive officer, BroadSoft.
For the fourth quarter of 2010, BroadSoft anticipates revenue of $31.0 to $32.0 million (Consensus is $30.17M)
For the fourth quarter, the Company expects to achieve earnings per share on a non-GAAP basis of $0.28 to $0.31 per diluted share (Consensus is $0.29)
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