The company, which was acquired this week by telecommunications firm Nortel Networks, said net income for the quarter reached $5.9 million, or 23 cents per share, compared to net income $2 million, or 9 cents a share in the same period a year earlier. Analysts polled by First Call projected the company to earn 19 cents per share.
For the quarter, Clarify said revenue was $63.3 million, an increase of 84 percent from revenues of $34.5 million reported in its year-ago period.
In early trading, shares of Clarify rose 2.06, up 3 percent, at 68.44.
Clarify sells customer relationship management software, or front office software, intended to automate a company's sales, marketing, and call center operations. The company said revenues growth for the quarter was due to larger deals landed through its partnerships with several firms, including Ernst & Young and PricewaterhouseCoopers and strong sales of Clarify eFrontOffice, the company's Web-based suite of customer relationship management applications released earlier this year.
On Monday, the company, which competes in the high-growth front office market against rival Siebel Systems, was acquired by Nortel Networks in a stock swap worth $2.1 billion. The news sent Clarify's stock soaring, into the $60 per share range, compared to last week's $40 range.
"Obviously, our playing field will expand enormously due to our recently announced acquisition by Nortel Networks," Clarify chief executive Tony Zingale said in a statement. "Nortel's global reach, market presence, and commitment to Clarify's vision will allow us to really juice up our strategic programs."