After Disappointing Report, Is Lawson Still Potential Merger Bait? (LWSN)

[24/7 Wall St.]

<b>24/7 Wall St. Daily News</b>

Lawson Software (NASDAQ: LWSN) may be in a strange spot now as the enterprise software and consultant firm issued earnings. The company posted earnings of $0.08 EPS on a non-GAAP basis on an 11.3% rise in revenues to $212.9 million, while First Call showed consensus as $0.08 EPS and $217.2 million. Lawson issued guidance for next quarter at $0.08 to $0.11 EPS on revenues of $225 to $230 million. This is still sequential growth, but this lurks under the estimates of $0.12 EPS and $230.9 million from First Call. As far as charges, Lawson reported an additional permanent impairment charge...<div class="feedflare">
<a href="http://feeds.feedburner.com/~f/typepad/RyNm?a=nElUE3G"><img src="http://feeds.feedburner.com/~f/typepad/RyNm?i=nElUE3G" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/typepad/RyNm?a=2OnM3tG"><img src="http://feeds.feedburner.com/~f/typepad/RyNm?i=2OnM3tG" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/typepad/RyNm?a=cwDpSrg"><img src="http://feeds.feedburner.com/~f/typepad/RyNm?i=cwDpSrg" border="0"></img></a>
</div>

complete story here... (http://www.247wallst.com/2008/04/after-disappoin.html)