ClickSoftware Technologies Ltd. reports Q2 results up from year ago
Shares of ClickSoftware Technologies Ltd. (Nasdaq: CKSW) got a boost this morning after the provider of mobile workforce management and service optimization solutions, today reported second quarter results improved over last year’s figures and beat analyst estimates.
For the three months ended June 30, the Burlington, Mass.-based company recorded net income of $1.0 million, or $0.03 per share, an increase of 118%, compared with net income of $0.4 million, or $0.02 per share, for the second quarter of 2006. One analyst polled by Thomson Financial expected earnings of $0.01 per share for the second quarter.
Total revenues clocked in at $10.5 million, an increase of 32%, compared with $8.0 million for the second quarter of 2006. One analyst polled by Thomson Financial expected revenues of $9.35 million for the second quarter.
Shares of ClickSoftware Technologies climbed 11.42%, or $0.58, to $5.62 in pre-market trading.
