JDA Software's Big Expenses Hinder Positive Outlook

JDA Software

has faced litigation costs and a disappointing CFFO outlook, according to Oppenheimer. The 2Q results were mixed because of company expenses despite healthy flow and license/subscription revenue that was $5.0M over Oppenheimer's estimate, but very little remains to be excited about in the coming quarters. Oppenheimer maintains its stock rating at "perform" and hopes for better cash flow within the company. JDA Software closed yesterday at $24.59.