PALO ALTO, Calif. _ Jive Software Inc. on Tuesday reported fourth-quarter net income of $915,000, after reporting a loss in the same period a year earlier. On a per-share basis, the Palo Alto, California- based company said it had profit of 1 cent. For the current quarter ending in April, Jive Software expects its per-share earnings to range from 4 cents to 5 cents.
DUBLIN, Calif. _ Callidus Software Inc. on Tuesday reported a loss of $4.8 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Six analysts surveyed by Zacks expected $54.5 million.
HOUSTON _ Pros Holdings Inc. on Tuesday reported a loss of $18.5 million in its fourth quarter. Five analysts surveyed by Zacks expected $38.3 million. For the current quarter ending in April, Pros Holdings expects its results to range from a loss of 30 cents per share to a loss of 29 cents per share.
WESTON, Fla. _ The Ultimate Software Group Inc. on Tuesday reported fourth-quarter earnings of $12.8 million. Nine analysts surveyed by Zacks expected $209.9 million. For the current quarter ending in April, Ultimate Software said it expects revenue in the range of $229 million.
Feb 7- Software maker Autodesk Inc said on Tuesday that Chief Executive Carl Bass would step down, less than a year after it struck a deal with two activist investors agitating for changes at the company. Autodesk agreed last March to appoint three new directors to its board, including Scott Ferguson, managing partner of Sachem Head Capital Management.
Feb 7- Software maker Autodesk Inc said Chief Executive Carl Bass would step down and two board members nominated by activist investor Sachem Head Capital would resign. Autodesk in March reached a settlement with two activist investors- Eminence Capital LP and Sachem Head Capital- and appointed three directors to its board to avoid a proxy fight.
NEW YORK— The longtime CEO of the design software company Autodesk is stepping down after reaching an agreement with activist investors. In the Sachem Head agreement, Scott Ferguson and Jeff Clarke will resign from the board of directors. The company said Bass, who has lead the company for more than a decade, and Autodesk's board began discussing succession more...
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Feb 1- A U.S. jury in Texas on Wednesday ordered Facebook Inc., its virtual reality unit Oculus, and other defendants to pay a combined $500 million to ZeniMax Media Inc., a video game publisher that says Oculus stole its technology. The jury in federal court in Dallas found Oculus, which Facebook acquired for about $2 billion in 2014, used ZeniMax's computer code to...
Feb 1- A U.S. jury in Texas on Wednesday ordered Facebook Inc., its virtual reality unit Oculus and other defendants to pay a combined $500 million to ZeniMax Media Inc., a video game publisher that says Oculus stole its technology. The jury in federal court in Dallas found Oculus, which Facebook acquired for about $2 billion in 2014, used ZeniMax's computer code to...
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Matt Hunter is the senior technology editor at CNBC.com.
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Michelle Castillo is a reporter for CNBC Digital, covering advertising and media.
Senior Tech Reporter
Harriet Taylor is a CNBC.com technology reporter based in San Francisco.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.