JDA Software Shares Got Crushed: What You Need to Know (JDAS)

JDA Software Shares Got Crushed: What You Need to Know

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of JDA Software (Nasdaq: JDAS ) are getting crushed today, down by 19% at the low, after the company announced fourth-quarter earnings.

So what: Fourth-quarter sales inched up 3% to $174.2 million, with earnings per share rising 7% to $0.65. For the full year 2011, revenue added up to $671.8 million, resulting in a profit of $2.20 per share.

Now what: The most important aspect of the release snuck in at the very end of the press release, where JDA drops the bombshell that the SEC is now requesting information related to revenue recognition and other accounting policies for certain past fiscal years. The company says it is actively cooperating with the SEC and is committed to addressing any questions that the regulator may have. Any inkling of SEC scrutiny always brings out the bears, so that tidbit is driving investors to run for the hills.

Interested in more info on JDA Software? Add it to your watchlist by clicking here.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.