Xactly Corporation (XTLY) provides enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. The Company focuses on the incentive compensation and employee, and sales performance management market. It offers solutions to incentivize employees and align their behaviors with company goals. Its solutions allow organizations to make decisions, optimize behaviors and design incentive compensation plans. It delivers its solutions through a software-as-a-service business model. Its solutions enable executives design, manage and analyze incentive programs and provide visibility into employee and incentive program performance. Its solutions enable employees to monitor, estimate and track their own and their team's performance in real-time, and modify their behaviors. Its solutions automate various processes, such as estimating and calculating commissions and bonuses, assigning sales territories, forecasting accruals and modeling business outcomes.
Reported after close today (6/6/16) Earnings: EPS -$0.15 Revenue $23.3M Estimates: EPS -$0.15 Revenue $22.04M No change after hours
Looks like its going to close up the month of May with a bang! Massive gap higher this morning on news that they are being acquired for $564M!
