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Short Take: Vantive earnings as expected

Front office software maker Vantive posted third-quarter earnings in line with analysts' expectations. For the quarter, net loss was $4.7 million, or 17 cents a share, compared to net income $1 million, or 4 cents per share a year earlier. Revenues for the quarter were $43 million, compared with revenues of $41.7 million in the year-ago period. Vantive makes customer relationship management (CRM) software intended to automate a company's sales, marketing, and call center needs.

Front office software maker Vantive posted third-quarter earnings in line with analysts' expectations. For the quarter, net loss was $4.7 million, or 17 cents a share, compared to net income $1 million, or 4 cents per share a year earlier. Revenues for the quarter were $43 million, compared with revenues of $41.7 million in the year-ago period. Vantive makes customer relationship management (CRM) software intended to automate a company's sales, marketing, and call center needs.