Chordiant Software, Inc. Q4 Profit Decreases, But Beats Estimates

(RTTNews) - Chordiant Software, Inc. (CHRD) reported a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $210.60 million, or $3.43 per share. This compares with $301.63 million, or $6.93 per share, last year.

Excluding items, Chordiant Software, Inc. reported adjusted earnings of $213.50 million or $3.49 per share for the period.

Analysts on average had expected the company to earn $2.81 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 50.7% to $1.454 billion from $964.69 million last year.

Chordiant Software, Inc. earnings at a glance (GAAP) :

-Earnings: $210.60 Mln. vs. $301.63 Mln. last year. -EPS: $3.43 vs. $6.93 last year. -Revenue: $1.454 Bln vs. $964.69 Mln last year.