Financial Services Industry
Industry: Email Alert RSS FeedJDA Software Group, Inc. (Bear Stearns).(financial rating)
Buyside, September, 2002 by Wolfe, Edward M.
(JDAS: NASDAQ) Recomendation: Buy
COMPANY DESCRIPTION
JDA Software Group, Inc. is a global leader in delivering integrated software and professional services for the retail demand chain. JDA commits significant resources to advancing JDA Portfolio, its suite of merchandising, POS, analytic and collaborative solutions that improves revenues, efficiency and customer focus.
KEY POINTS
* JDA Software announced earnings in-line with the higher end of its lowered pre-report range of estimates. Total revenue was $57.6 million (up 14% year-over-year, but down 5.8% quarter-over-quarter), slightly above our reduced estimate of $57 million. Software revenues rose to $18.3 million (up nine percent year-over-year but down 6.8%...
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