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Stock Market & Financial Investment News

News Breaks
February 28, 2013
10:40 EDTBSFTBroadSoft spikes lower after earnings beat, big guidance cut
The company yesterday beat consensus earnings for its Q4 by 6 cents per share, but then cut its Q1 and fiscal year 2013 to well below expectations. The stock is down nearly 26% at time of writing. At the current price of $23.02, next major support is at $20.13, a monthly pivot low from last year. Next support is at $21.74. Resistance is at $25.01. Many firms cut recommendations and price targets this morning in wake of the results and estimate reductions.
News For BSFT From The Last 14 Days
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February 26, 2015
08:03 EDTBSFTGTT selected by BroadSoft to expand cloud services
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February 25, 2015
09:08 EDTBSFTOn The Fly: Pre-market Movers
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07:41 EDTBSFTBroadSoft sees FY15 EPS $1.40-$1.64, consensus $1.55
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07:40 EDTBSFTBroadSoft sees Q1 EPS 13c-21c, consensus 16c
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07:39 EDTBSFTBroadSoft reports Q4 EPS 64c, consensus 57c
Reports Q4 revenue $65.8M, consensus $63.06M.

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