Lawson Software (LWSN) Reports In-Line Q4 Adj-EPS of $0.10; Guides Q1/FY09 Sales/EPS Below the Street; Raises Buyback by $200M
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Lawson Software, Inc. (Nasdaq: LWSN) reports Q4 adj-EPS of $0.10, in-line with the analyst estimate of $0.10. Revenues for the quarter were $233 million, versus the consensus of $228.99 million.
Sees Q1 EPS of $0.06-$0.07, versus the consensus of $0.08 and revs of $195-$200 million, versus $205.19 million. FY09 EPS are expected to be $0.43-$0.47, versus $0.51 and revs of $920-$925 million, versus $922.3 million.
Raised its buyback by $200 million.
Lawson Software, Inc. provides business application software, as well as consulting and maintenance services.
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