inContact (SAAS) Tops Q4 EPS by 3c, Offers FY16 Guidance
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Jefferies Raises Price Target on inContact (SAAS) Following a 4Q Beat and Raise
February 17, 2016 9:45 AM ESTJefferies reiterated a Buy rating on inContact (NASDAQ: SAAS), and raised the price target to $12.00 (from $11.00), following the company's 4Q earnings report. Non-GAAP EPS of ($0.01) on Software revenues of $40.5M and Total revenues of $61.5M exceeded consensus of ($0.03), $39.2M, and $58.8M, respectively. Management... More
Piper Jaffray Raises Price Target on inContact (SAAS) Following First Positive Profit in Over 5 Years
February 17, 2016 8:22 AM ESTPiper Jaffray reiterated an Overweight rating on inContact (NASDAQ: SAAS), and raised the price target to $14.00 (from $11.00), following the company's 4Q earnings report. Q4 operating income was $1.3M, the first time in 5+ years the profits were positive. Net profits are a priority for 2016.... More
