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What: Shares of supply chain software specialist JDA Software
So what: Both revenue and earnings fell well short of targets. Sales climbed 3% to $162.4 million, while profit declined $0.03 from last year's Q2 to $0.45 a share. Analysts were expecting $169.8 million and $0.55, respectively, according to data compiled by Yahoo! Finance.
Now what: I'm more troubled by CEO Hamish Brewer's comments from the press release. He said that while the Q2 performance "did not meet our expectation," the company's outlook for the second half of the year "remains strong." Why? I have no idea, because Brewer never gave an explanation. There are better software infrastructure stocks, Fool, including IBM
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He owned shares of IBM at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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