UPDATE 2-Tibco Q2 profit beats Street; sees in-line Q3 earnings

* Q2 adj EPS $0.11 vs est $0.09 * Q2 rev down 5 pct but beats Street

* Sees Q3 adj EPS $0.09-$0.11 vs est of $0.10

* Shares rise 5 pct in trading after the bell (Adds outlook, conference call details and analyst comments)

By Bijoy Anandoth Koyitty

BANGALORE, June 25 (Reuters) - Business software maker Tibco Software Inc (TIBX.O) posted a higher quarterly profit that beat analysts' estimates, helped by lower expenses, and forecast third-quarter results largely in line with market estimates.

Shares of the company rose about 5 percent in trading after the bell.

Long term catalysts for growth include offerings such as Tibco Silver, a bundle of tools that businesses can use to write and manage programs for Amazon.com's (AMZN.O) cloud computing system, Chief Executive Vivek Ranadive said in a conference call with analysts.

Earlier this month, Tibco said it would begin customer trials of the software at the end of June and expects to begin selling it by the end of 2009 or early 2010.

Pacific Crest Securities analyst Nabil Elsheshai said cloud computing would not bring any immediate results for Tibco.