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To: Les H who wrote (264814)7/28/2010 8:28:21 PM
From: DebtBombRespond to of 306849
 
CNQR warns? Concur FY Q3 Tops Estimates, But Shares Slide Late On Outlook.Cadence Design Systems Q2 Revs, Profits Beat Street EstimatesCompellent Rises On Strong Q2EmailPrintPermalinkShare:
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By Eric Savitz
Concur (CNQR), which makes employee spend management software, reported revenue for its fiscal third quarter ended June 30 of $75 million, with non-GAAP profits of 19 cents a share, edging the Street consensus of $74.2 million and 18 cents.

For Q4, the company expects non-GAAP EPS of 18 cents, shy of the Street consensus of 20 cents.

For FY 2010, Concur now sees non-GAAP profits of 76 cents a share, a penny shy of the Street.

CNQR in late trading is down $2.31, or 5%, to $44.05.
blogs.barrons.com



To: Les H who wrote (264814)7/28/2010 11:18:36 PM
From: tejekRead Replies (1) | Respond to of 306849
 
Comcast and other cable providers started switching everyone over to digital and HD several months ago. It's a one-shot deal for people coming in and picking up DVRs and HD converters. Different cities have different forced cutover dates. In this area, it was in early May.

Okay. I will ignore their forward guidance. Clearly, they are lying.