Selectica Inc. (SLTC) Posts Q4 Loss of 66c/Share

Selectica Inc. (NASDAQ: SLTC) reported Q4 EPS of ($0.66), $0.22 worse than the analyst estimate of ($0.44). Revenue for the quarter came in at $3.54 million versus the consensus estimate of $3.5 million.

"While fully recognizing our lack of growth in Q4, we continue to reimagine Selectica, through focused efforts on delivering excellence in customer success. We are pleased with the feedback from both our existing and new customers regarding our improved processes, delivery, training and follow-through. Further, the launch of the most recent version of our contract management solution has been very well received," said Blaine Mathieu, CEO and President of Selectica. "Going forward, we plan to continue to invest in these kinds of product and process initiatives, which are essential to position the company for future growth. In addition to significant operational improvements, we've worked across the company to develop a clear vision for our future and to implement the go-to market strategy to make the vision a reality. The team has been highly engaged and singularly focused and I look forward to seeing more results in the quarters to come."

For earnings history and earnings-related data on Selectica Inc. (SLTC) click here.

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