Compuware Turns To Profit In Q4

(RTTNews) - Compuware Corp. (CPWR) Thursday reported fourth-quarter profit of $20.3 million or $0.09 per share, compared to net loss of $63.7 million or $0.30 per share in the same period last year.

Adjusted earnings for the quarter was $22.1 million or $0.10 per share, up from $18.2 million or $0.08 per share in the prior year quarter.

On average, four analysts polled by Thomson Reuters expected the company to earn $0.08 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $183.45 million from $184.44 million last year. Analysts expected revenues of $211.23 million.

Looking ahead to fiscal 2015, the company expects Non-GAAP earnings in the range of $0.41 per share to $0.45 per share and revenues of $720 million to $735 million. Analysts currently expect fiscal 2015 earnings of $0.42 per share on revenues of $762.13 million.