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What: Shares of TIBCO Software
So what: Revenue grew 20% to $289.5 million, topping estimates of $281.4 million from analysts. Earnings also topped estimates, hitting $0.42 per share, $0.07 higher than estimated. Guidance for next year was also slightly higher than analysts had expected.
Now what: TIBCO obviously isn't seeing the same weakness that Oracle
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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