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S1 Corporation (SONE): Shares define bullish 'flag'

S1 Corporation (NASDAQ: SONE) provides financial institutions, retailers and processors with enterprise service software products designed to facilitate online transactions, branch/call center customer interactions, and sales/service operations. Application packages address such specialties as investments, insurance, customer relationship management and banking processes. S1 also offers data center and application hosting services. It operates under technology alliances with the likes of Cisco Systems (NASDAQ: CSCO), IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT).

The company pleased investors last week, when it reported Q4 EPS of 11 cents and revenues of $53.4 million. Analysts had been expecting eight cents and $53.1 million. Management also guided FY08 EPS to 37-40 cents (38 cent consensus) and FY08 revenues to $216-$220 million ($219.2M consensus).

Continue reading S1 Corporation (SONE): Shares define bullish 'flag'

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Last updated: November 14, 2009: 12:36 PM

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