Northland Capital Markets Downgrades Tangoe (TNGO) to Market Perform
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Go back to Northland Capital Markets Downgrades Tangoe (TNGO) to Market Perform
August 7, 2015 8:17 AM EDT
Roth Capital maintained a Buy rating on Tangoe (NASDAQ: TNGO) and cut price target to $16.00 (from $25.00), following 2Q15 results. 2Q15 revenues of $54.5M missed consensus estimates of $56.8M. forecast. EPS of $0.10 also sharply missed consensus at $0.19.
Analyst Richard Baldry commented, "TNGO's 2Q15... More
August 7, 2015 6:39 AM EDT
Deutsche Bank downgraded Tangoe (NASDAQ: TNGO) from Buy to Hold with a price target of $10.00 (from $18.00). The change follows Q2 results with revenue that missed expectations due to sales execution challenges, noted analyst Nandan Amladi.
"TNGO reported 2Q15 rev/EPS of $55.5m/$0.10, well... More
August 6, 2015 4:11 PM EDT
Tangoe (NASDAQ: TNGO) reported Q2 EPS of $0.10, $0.09 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $54.5 million versus the consensus estimate of $56.83 million.
Tangoe sees Q3 2015 EPS of $0.10-$0.11, versus the consensus of $0.19. Tangoe sees Q3 2015 revenue of $58-59.5... More
