Advent Software Q4 Profit Up - Quick Facts

(RTTNews) - Advent Software, Inc. (ADVS) Monday reported fourth-quarter profit of $11.0 million or $0.20 per share, up from $8.0 million or $0.16 per share in the fourth quarter of 2012.

Adjusted earnings for the quarter were $0.32 per share. On average, six analysts polled by Thomson Reuters expected the company to earn $0.29 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 6 percent to $97.6 million from $92.0 million last year. Analysts expected revenues of $96.36 million.

Looking ahead to the first quarter, the company has forecast revenues in the range of $95 million to $97 million. Analysts expect first-quarter revenues of $96.90 million.

For the fiscal year, the company currently projects revenues in the range of $395 million to $403 million. Analysts currently expect full-year revenues of $404.94 million.