E.piphany's Q3 loss beats street, stock will split
SAN MATEO, Calif., Oct 19 (Reuters) - E.piphany Inc. (NasdaqNM:EPNY - news), a maker of customer interaction software, said on Thursday that its third-quarter loss was narrower than Wall Street forecasts and announced a three-for-two split of its common stock.
Excluding amortization of goodwill and stock-based compensation, the company said its third-quarter loss was $7 million or 17 cents per share in the latest quarter, compared with a loss of $6 million or 34 cents per share during the year-ago quarter.
Analysts who follow the firm had expected it to post a loss of 32 cents a share, according to First Call/Thomson Financial, which tracks results.
Revenues rose to $39.1 million from $5.3 million during third quarter 1999. The company's third-quarter net loss widened to $277.3 million or $6.52 a share from $6.8 million or 91 cents a year ago.
The San Mateo, Calif.-based company said its stock split will be payable November 13 to shareholders of record October 30.
E.piphany, whares, which had closed the regular trading session down $2-5/8 to $64-3/4, rose to nearly $78 in after-hours trading, following the release of the earnings news. |
