TRID Bad news
* Revenues $88M vs $90M expected
* EPS $0.16 vs $0.17, mainly due to an extra $7M in options expensing ($0.11 EPS)
* Non-GAAP EPS $0.38 vs $0.26 last year
Guidance looks to be lowered next quarter due to competition at the low end
Down to $10.75 after-hours
Well, on th epositive side - at $12 or so, th eoptions expensing fo rthis coming quarter wil lbe lower.
I am more concerned about the $20M revenue drop that they are projecting for the next quarter.
* EPS $0.16 vs $0.17, mainly due to an extra $7M in options expensing ($0.11 EPS)
* Non-GAAP EPS $0.38 vs $0.26 last year
Guidance looks to be lowered next quarter due to competition at the low end
Down to $10.75 after-hours
Well, on th epositive side - at $12 or so, th eoptions expensing fo rthis coming quarter wil lbe lower.
I am more concerned about the $20M revenue drop that they are projecting for the next quarter.
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