BroadSoft Reports First Quarter 2015 Financial Results

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Broadsoft (BSFT) PT Raised to $41 at Jefferies on 'Strong' Q1

May 6, 2015 9:09 AM EDT

Jefferies analyst George Notter reiterated a Buy rating and boosted his price target on Broadsoft (NASDAQ: BSFT) to $41.00 (from $37.00) following "strong" Q1 results.

Notter commented, "BroadSoft delivered a strong Q1 print and provided additional details on their strategic network transformation projects.... More

Broadsoft (BSFT) Delivers Fourth Strong Quarter in a Row, Needham & Company Notes; PT Up to $40

May 5, 2015 9:06 AM EDT

Needham & Company reiterates a Buy rating on Broadsoft, Inc. (NASDAQ: BSFT) and raises its price target to $40 (from $36) after Broadsoft delivered its 4th strong quarter in a row. The 1Q15 showing reinforces its prior commentary on 2015. Needham believes that BSFT's transformational deal... More

Broadsoft (BSFT) PT Raised to $35 at Northland Capital Markets

May 5, 2015 8:31 AM EDT

Northland Capital Markets raised its price target on Broadsoft (NASDAQ: BSFT) to $35.00 (from $29.00) but maintained a Market Perform rating following Q1 results.

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Shares of Broadsoft closed at $37.63 yesterday.

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Broadsoft (BSFT) Tops Q1 EPS by 7c, Reports Q2, FY Guidance

May 4, 2015 7:35 AM EDT

Broadsoft (NASDAQ: BSFT) reported Q1 EPS of $0.24, $0.07 better than the analyst estimate of $0.17. Revenue for the quarter came in at $55.7 million versus the consensus estimate of $54.26 million.

Broadsoft sees Q2 2015 EPS of $0.24-$0.36, versus the consensus of $0.32. Broadsoft sees Q2 2015 revenue of $59-64 million,... More