Apigee Corp. (APIC) Tops Q2 EPS by 10c; Guides Q3, FY16

Apigee Corp. (NASDAQ: APIC) reported Q2 EPS of ($0.24), $0.10 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $22.9 million versus the consensus estimate of $21.91 million.

GUIDANCE:

Apigee Corp. sees Q3 2016 EPS of ($0.29)-($0.25), versus the consensus of ($0.32). Apigee Corp. sees Q3 2016 revenue of $22.5-23.5 million, versus the consensus of $23.1 million.

Apigee Corp. sees FY2016 EPS of ($1.20)-($1.13), versus the consensus of ($1.33). Apigee Corp. sees FY2016 revenue of $89-92 million, versus the consensus of $90.5 million.

For earnings history and earnings-related data on Apigee Corp. (APIC) click here.

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