Goldman Sachs Comments On Broadsoft's Accelerated Growth In Hosted Unified Comms

In a report published by Goldman Sachs, Broadsoft (NASDAQ: BSFT) saw accelerated growth in hosted Unified Comms.

Goldman Sachs said that Broadsoft reported F4Q (Dec) revenue/non-GAAP EPS of $35.8 mn/$0.44, above GS at $32.0 mn/$0.28 and the Street at $31.7 mn/$0.30. “F1Q (Mar.) guidance was $27-29 mn/$0.04-0.11 vs. GS at $26.5 mn/$0.11 and the Street at $24.3 mn/$0.04. FY11 guidance of revenue/non-GAAP EPS growth was raised to $116-120 mn/$0.56-0.66 from $112-115 mn/$0.49-0.56 previously, vs. our prior estimate of $115.5 mn/$0.60 and the Street at $113.9 mn/$0.56.”

Broadsoft closed yesterday at $34.90.