Shares of Jive Software Inc. (NASDAQ:JIVE) dropped 2.4% during mid-day trading on Monday . The stock traded as low as $3.71 and last traded at $3.71, with a volume of 109,861 shares traded. The stock had previously closed at $3.80.

The company’s market cap is $284.16 million. The stock has a 50 day moving average of $3.86 and a 200-day moving average of $3.70.

Jive Software (NASDAQ:JIVE) last released its quarterly earnings results on Tuesday, May 10th. The company reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.03. The company earned $50.70 million during the quarter, compared to analyst estimates of $49.93 million. During the same quarter last year, the company earned ($0.03) EPS. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. Equities research analysts predict that Jive Software Inc. will post $0.02 earnings per share for the current fiscal year.

Jive Software, Inc is a provider of social business platform solutions. The Company’s segment is software sales and services. The Company’s products are primarily offered on a subscription basis, deployable in a private or public cloud and can be used for internal or external communities. The Company’s traditional enterprise software product offerings, based on the Jive platform (the Jive Platform), are provided to customers as cloud-based or on premise solutions.

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