Callidus Software, Inc. (CALD) Posts Q3 Loss of $0.06, Sales Beat; Raises Rev Outlook

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CallidusCloud Announces Third Quarter SaaS Revenue Increases 31% to $50.7 Million

November 2, 2017 4:03 PM EDT

Record Q3 Total Revenue of $64.2 MillionRecord Cash from Operations of $16.2 Million, up 108% Year over YearRaises Full Year Total Revenue Guide to $248.6 to $249.6 Million

DUBLIN, Calif., Nov. 02, 2017 (GLOBE NEWSWIRE) -- Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, today announced financial results for the quarter ended September 30, 2017.

I was pleased that we grew SaaS revenues 31% in Q3 and had record cash from operations said Leslie Stretch, president and CEO, CallidusCloud. The... More