Callidus Software, Inc. (CALD) Tops Q1 EPS by 1c, Offers Q2 & FY Guidance

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Callidus Software (CALD) Short Term Revenue Hit Leads To Higher Margins - PiperJaffray

May 4, 2016 10:23 AM EDT

Piper Jaffray analyst, Alex Zukin, reiterated his Overweight rating and $21 PT on allidus Software (NASDAQ: CALD) despite scary headlines highlighting CALD reducing revenue guidance for FY16. It's true that the company did reduce guidance but comes from a strategic choice to end of life a non strategic product line. The big question is can the two partners benefiting from the... More