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 thesis.
What: Shares of Callidus Software, (NASDAQ:CALD) fell more than 15% Thursday after the company posted solid fourth-quarter results, but followed with light full-year earnings guidance.
So what: Quarterly revenue rose 20% year over year to $30.2 million, which translated to adjusted net income of $0.04 per diluted share. By comparison, analysts were looking for earnings of just $0.03 per share on revenue of $28.81 million.
What's more, Callidus expects current quarter revenue for between $29 million and $30 million, with adjusted earnings per share of $0.02 to $0.04. Both ranges were essentially in line with expectations, which called for Q1 earnings of $0.03 per share on sales of $29.36 million.
The lone miss came in Callidus' full-year 2014 numbers, calling for revenue of $125 million to $130 million and adjusted earnings per share of $0.12 to $0.16. Analysts were already modeling 2014 sales of $127.39 million, but expected higher earnings of $0.17 per share.
Now what: I'll admit the miss wasn't all that bad, but its obvious shares were priced for perfection trading more than 40 times next year's estimated earnings. Keeping in mind those estimates are likely to fall after analysts have time to fully digest today's news, I can't blame investors for bidding Callidus stock down.
Consider the nine solid high-yielders in this free report
If you'd like something a tad less volatile, you're in luck! One of the dirty secrets that few finance professionals will openly admit is the fact that dividend stocks, as a group, handily outperform their non-dividend paying brethren. The reasons for this are too numerous to list here, but you can rest assured that it's true. However, knowing this is only half the battle. The other half is identifying which dividend stocks, in particular, are the best. With this in mind, our top analysts put together a free list of nine high-yielding stocks that should be in every income investor's portfolio. To learn the identity of these stocks instantly and for free, all you have to do is click here now.
Steve Symington has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.