DemandTec Reports Inline Quarter

Shares of DemandTec DMAN are flat in the after-hours following the release of the company's Q2 earnings results. They ended the regular session higher by 2.20%, at $6.05. DemandTec reported Q2 EPS of $0.02 on revenues of $22 million; the Street was looking for ($0.02) per share on revenues of $22 million. Revenues increased 7.8% year over year. "During our second quarter, we expanded customer relationships and achieved new customer wins," said Dan Fishback, President and Chief Executive Officer of DemandTec. "DemandTec has become the cloud-based platform by which retailers and consumer products companies come together on the network to leverage shopper insights and form a more collaborative relationship to increase their revenue, volume, profit and customer loyalty objectives." Cash, cash equivalents and marketable securities at the end of the second quarter of fiscal 2012 totaled $70.0 million, an increase of approximately $1.4 million from the end of the first quarter of fiscal 2012. DemandTec, Inc. is a provider of on-demand optimization solutions to retailers and consumer products companies.