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Majesco's Financials

Here are Majesco's Q4 Financial results, which are below market expectations, "hurt by higher operating costs," with the publisher also forecasting a weak 2012. Here's word:

Majesco forecast adjusted earnings of 25 cents to 35 cents per share on revenue of $125 million to $140 million for 2012.

Analysts, on an average, are expecting full-year earnings of 46 cents per share on revenue of $141.5 million, according to Thomson Reuters I/B/E/S.

The company's fourth-quarter loss widened to $3.9 million, or 10 cents per share, from a loss of $1.5 million, or 4 cents per share, a year ago.

Excluding items, the company posted a loss of 7 cents per share.

Revenue for the quarter rose 8 percent to $25.1 million.

Analysts were expecting fourth-quarter earnings of 4 cents per share on revenue of $27 million.

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