
** charts after earnings **

- Reports Q1 (Oct) earnings of $0.13 per share, excluding non-recurring items, $0.07 better than the Capital IQ Consensus of $0.06; revenues rose 40.9% year/year to $94 mln vs the $87.62 mln Capital IQ Consensus.
- Co issues upside guidance for Q2, sees EPS of $0.12-0.14, excluding non-recurring items, vs. $0.07 Capital IQ Consensus Estimate; sees Q2 revs of $93-95 mln vs. $91.26 mln Capital IQ Consensus Estimate. Co sees Q2 Non-GAAP operating margin in the range of 12% to 14% and FY16 Non-GAAP operating margin in the range of 10% to 12%
- Co issues upside guidance for FY16, sees FY16 revs of $370-380 mln vs. $368.71 mln Capital IQ Consensus Estimate.
- Co also also announced that its board of directors has authorized a $100 million share repurchase program, with $50 million of that program expected to be executed as an accelerated share repurchase in the short term.
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