Apptio (APTI) Tops Q2 EPS by 2c, Offers Outlook

Apptio (NASDAQ: APTI) reported Q2 EPS of $0.01, $0.02 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $59 million versus the consensus estimate of $55.67 million.

GUIDANCE:

Apptio sees Q3 2018 revenue of $57.5-58.5 million, versus the consensus of $56.6 million.

• Non-GAAP operating income between $1.0 and $2.0 million

Apptio sees FY2018 revenue of $230-233 million, versus the consensus of $228.5 million.

• Non-GAAP operating income between $3.0 and $5.0 million

For earnings history and earnings-related data on Apptio (APTI) click here.

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