Ariba Shares Rally As FY Q2 Results Top Street Forecasts
Ariba shares are trading sharply higher Friday after the online commerce network posted better-than-expected results for its fiscal second quarter ended March 31. For the period, Ariba posted revenue of $131.5 million, up 21%, and ahead of the Street at $129.1 million. Non-GAAP profits of 25 cents a share were ahead of the Street at ...
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