DALLAS, March 16, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Chordiant Software Inc. (Nasdaq:CHRD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/CHRD
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Chordiant Software Inc. (CHRD) offers global brands a real-time unified view and understanding of their customers' behavior and capabilities to optimize customer strategies that match each customer's individual situation. CHRD and its Cx Enterprise Foundation, Chordiant Decision Management (CDM) and Chordiant Marketing Director (CMD) Solutions, equip marketing, customer service and customer loyalty executives with a suite of predictive and adaptive applications to deliver an order of magnitude improvement in customer experience.
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In the report, the analyst notes:
"Total revenues for the first quarter of fiscal year 2010 were $22.2 million, compared to $15.2 million in the prior quarter and $23.4 million in the first quarter of fiscal year 2009. … At December 31, 2009, CHRD's backlog, which includes deferred revenue, increased to $44.1 million from $43.5 million at the end of the prior quarter. The increase in backlog was related to total orders booked in the first quarter in excess of total revenue recognized.
"CHRD and Pegasystems Inc. (PEGA), a leading provider in business process management (BPM) software solutions, announced they have entered into a definitive agreement for Pegasystems to acquire CHRD. … Pegasystems posted 10 consecutive quarters of record revenue. Its industry-leading Build for Change® technology is both fueling widespread BPM adoption and being widely embraced to improve customer experience. CHRD's predictive decision management solutions are renowned for delivering increased customer lifetime value to their clients. The combined company's expanded global customer base, including many of the world's largest organizations, can now take advantage of these complementary solutions."
To read the entire report visit: http://www.stockpreacher.com/n/CHRD
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