Callidus Software, Inc. (CALD) Misses Q1 EPS by 1c

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CallidusCloud Reports Record Q1 Revenue of $39.7 Million; 37% Year-Over-Year Increase in SaaS Revenue

April 30, 2015 4:06 PM EDT

DUBLIN, CA -- (Marketwired) -- 04/30/15 -- Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, today announced financial results for the first quarter ended March 31, 2015.

"I was pleased with our focus on execution in Q1. In a busy quarter when we moved our headquarters and conducted a successful secondary offering we achieved record revenues and record recurring revenues. We beat both our cloud revenue growth percentage and total revenue guidance. Our priorities for the remainder of 2015 are to continue to grow the cloud business... More