[May 20, 2013] BroadSoft Earnings Review: 14 Days after Announcement Shares Up 9.2% (BSFT) Tweet May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- When BroadSoft (NASDAQ:BSFT) reported earnings 14 days ago on May 6th, 2013, analysts, on average, expected the company to report earnings of $0.11 on sales of $38.4 million. BroadSoft actually reported earnings of $0.18 per share on sales of $39.6 million, beating EPS estimates by $0.07 and beating revenue estimates by $1.2 million. Shares of BroadSoft have climbed from $25.92 to $28.31, representing a gain of 9.2% since the company reported earnings 14 days ago. BroadSoft share prices have moved between a 52-week high of $42.96 and a 52-week low of $20.13 and are now trading 41% above that low price at $28.31 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 2.0%. SmarTrend recommended that subscribers consider buying shares of BroadSoft on March 15th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $27.41. Since that recommendation, shares of BroadSoft have risen 3.3%. We continue to monitor BSFT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 ]