Oct 5 (Reuters) - Absolute Software Corp ABT.TO :
* Provides first quarter fiscal 2016 financial update and extends expiration of
substantial issuer bid
* Sees Q1 total revenue of $23.7 - $24.1 million, representing a year-over-year
increase of approximately 3%
* Sees Q1 total Billings of $21.1 - $21.5 million, representing a
year-over-year decrease of approximately 18%
* Q1-f2016 results were affected by sales performance disruptions following the
North American sales force reorganization
* Says year-over-year decline in q1-f2016 Billings reflected a lower level of
contract expirations in the quarter
* Q1 revenue view $22.6 million -- Thomson Reuters I/B/E/S
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