Compuware Corp (CPWR) Reports In-Line Q1 EPS, Experiencing Momentum
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Compuware Corp (NASDAQ: CPWR) reported Q1 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $164.5 million versus the consensus estimate of $165.6 million.
“Q1 was essentially in line with expectations. We are experiencing solid business momentum and are seeing positive metrics across the board for Q2 and the rest of the fiscal year,” said Compuware CEO Bob Paul. “Additionally, our cost rationalization and business transformation efforts continue to progress well, and our previously announced strategic- and shareholder-value initiatives remain on track with the Board remaining committed to reviewing and evaluating credible opportunities to create additional value for shareholders.”
For earnings history and earnings-related data on Compuware Corp (CPWR) click here.
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