[May 21, 2012] BroadSoft Earnings Review: 14 Days after Announcement Shares Down 20.4% (BSFT) Tweet May 21, 2012 (SmarTrend(R) News Watch via COMTEX) -- When BroadSoft (NASDAQ:BSFT) reported earnings two weeks ago on May 7th, 2012, analysts, on average, expected the company to report earnings of $0.23 on sales of $37.0 million. BroadSoft actually reported earnings of $0.29 per share on sales of $38.3 million, beating EPS estimates by $0.06 and beating revenue estimates by $1.4 million. Shares of BroadSoft have slipped from $33.16 to $26.38, representing a loss of 20.4%, since the company reported earnings 14 days ago. Over the past year, BroadSoft has traded in a range of $21.26 to $45.32 and is now at $26.38, 24% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.2%. SmarTrend is monitoring the recent change of momentum in BroadSoft. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of BroadSoft in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]