Although Omniture Inc. (Nasdaq: OMTR) narrowed first quarter losses to 11 cents per share from 19 cents per share in the year ago period, expenses rose and the company forecast second quarter results below estimates. Shares of the online business optimization software company tumbled $1.67 to $12.11.
Omniture's Forecast Disappoints
April 23, 2009 at 13:34 PM EDT
