Revenue Update on Determine Inc(NASDAQ:DTRM)

Determine Inc(NASDAQ:DTRM) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Jun 16, 2016. Company reported revenue of $6.70M. Analysts estimated a revenue of $6.83M. Earnings per share were $-0.20. Analysts had estimated an EPS of $-0.14.

Several Insider Transactions has been reported to the SEC. On Dec 18, 2015, Michael Brodsky (Executive Chairman) sold 1,139 shares at $2.79 per share price.Also, On Dec 18, 2015, Patrick Stakenas (Chief Executive Officer) sold 189 shares at $2.79 per share price.

Determine Inc. formerly Selectica Inc. is a provider of enterprise contract management supply management procure-to-pay and configuration solutions. The Company offers SmartContracts SmartSource and SmartAnalytics. Selectica SmartContracts combines a single enterprise-wide contract repository and authoring platform with a workflow engine capable of supporting each organization’s contract management processes. With Selectica SmartSource enterprises qualify and establish optimal supplier relationships that support savings and risk reduction objectives. With Selectica SmartAnalytics users can view manage and create reports and analytics that provide business insiders across the Company’s solutions and enable users to identify saving opportunities non-compliance opportunities for process efficiencies. It offers its services to update spend analysis sourcing supplier lifecycle management e-procurement asset management and expense management among others.

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