NEW YORK (Thomson Financial) - Omniture Inc. reported first-quarter adjusted
earnings of $7.3 million, or 10 cents a share, exceeding the mean estimate of
analysts surveyed by Thomson Reuters of 9 cents a share.
On a net basis, the loss for the quarter ending March 31 was $12.9 million,
or 9 cents a share, wider than the year-earlier loss of $2.4 million, or 5 cents
a share.
Revenue more than doubled to $63.2 million from last year's $29.2 million.
Adjusted revenue for the latest quarter was $69.6 million, compared with analyst
forecasts of $68.8 million.
For the second quarter, the Orem, UT online business optimization software
company said it expects adjusted earnings of 10 to 11 cents a share and adjusted
revenue of $73 million to $75 million, compared with analyst projections for
earnings of 10 cents a share and revenue of $73.8 million.
The stock closed Wednesday's regular session at $22.82, and traded down 4.9%
at $21.70 in the after-hours market.
Tomi Kilgore
tk1
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