Broadsoft (BSFT) Tops Q1 EPS by 3c

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Broadsoft (BSFT) PT Lowered to $44 at Needham & Company on 1Q Report; 'Mixed 1Q17 Results, Lowered '17 Guide'

May 1, 2017 5:14 PM EDT

Needham & Company lowered its price target on Broadsoft (NASDAQ: BSFT) to $44.00 (from $48.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Richard Valera notes the company delivered mixed first quarter results with EPS above consensus and revenue slightly... More