Tomahawk, WI 06/05/2014 (Basicsmedia) – Tibco Software Inc. (NASDAQ:TIBX) is still showing a negative trend in the stock market after the company officials announced the lower than expected preliminary figures for its second quarter. The shares rolled down 12.7% to 18.15% as soon as the information leaked out. As per the announcement, the firm expects the total revenue between $250 million to $252 million, which is even below than the estimates of several financial experts, of $267.5 million. Moreover, the net income per share is expected to be 12 cents and 13 cents per share which is again quite low to the estimates of 21 cents per share. As per the Chief Executive Officer, Vivek Ranadive, the revenue went low than the expectations due to the lower expected sales of Spot fire. On the contrary, company bets that this time is a golden opportunity for the investors, as the company would see a good time in the near future. Since the share price of Tibco Software Inc. (NASDAQ:TIBX) is expected to knock $19 level, so if the investors buy the shares at the current price of $18.20, they will gain some positive results.

TIBCO Jaspersoft Recognized as Top Data Vendor

Tibco Software Inc. (NASDAQ:TIBX) Japersoft has been recognized as the pinnacle data merchant for the second consecutive year by the CRN Magazine. The magazine has nominated the software icon as the “Big Data 100” in the “Big Data Business Analytics” category. The widespread list recognizes the organizations that produce pioneering tools and highly developed technologies that help the business to deal with and analyze the hastily augmenting level of information every day. Jaspersoft embedded analytics is designed to enable channel partners to embed data analytics and reporting features into their consumer’s mainly prominently used applications. As per Brian Gentile, Senior Vice President & General Manager, TIBCO Japersoft, “Being selected for the Big Data 100 for the second consecutive year is a testament to Jaspersoft’s disruptive approach to the big data analytics industry.”

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