Democratic Underground - (More Warnings) Compuware warns of shortfall

Reply #50: (More Warnings) Compuware warns of shortfall [View All]

UpInArms

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Wed Apr-13-05 10:08 AM
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50. (More Warnings) Compuware warns of shortfall

Shares fall 10% on warning results will miss estimates

http://www.marketwatch.com/news/story.asp?guid=%7B0F770ED2%2D12E2%2D4B7E%2D9B41%2D6E9CBC5A1456%7D&siteid=mktw

LOS ANGELES (MarketWatch) - Compuware Corp. slid more than 12 percent Wednesday after the software firm forecast that quarterly revenue and earnings would fall from a year earlier and trail Wall Street estimates.

The company's shares fell 82 cents to $5.99 in early trading after earlier touching a low of $5.73.

The Detroit based company (CPWR: news, chart, profile) that makes testing, development and management software, forecast earnings of 6 to 8 cents a share for its fiscal fourth quarter that ended on March 31.

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Reply #50: (More Warnings) Compuware warns of shortfall [View All]