Other Earnings News
In other software company earnings news Wednesday:
CRM vendor E.piphany Inc. actually saw a slight increase in total revenues, from $22.1 million to $22.5 million. License revenue was down only slightly from $10.9 million to $10.4 million. The San Mateo, Calif., company shaved its net loss to $10.9 million from $17 million in last years first quarter.
BroadVision Inc. reported revenues of $24.5 million, down from $30.5 million in last years first quarter. License revenues fell from $8.2 million to $8 million. The Redwood City, Calif., portal software developer returned to profitability though, with net income of $1.3 million after a $36.1 million loss in the same period a year ago.
Content management software developer Vignette Corp. saw revenues fall to $40.8 million from $46.4 million in last years first quarter. License revenues dropped from $20.5 million to $16.5 million. The Austin, Texas, company lost $7.5 million after a $37.9 million loss in the same period last year.
News was better at knowledge management and collaboration software developer Open Text Corp., which saw revenues increase from $37 million to $44 million as license revenues climbed from $15.5 million to $19 million. The Waterloo, Ontario, company also recorded an increase in net income, from $4.3 million to $6.8 million.
FileNet Corp. also weathered the storm, as its revenues were up from $86.2 million to $87 million with license revenue leading the way, up from $31.2 million to $35.5 million. The Costa Mesa, Calif., enterprise content management software developer saw net income remain nearly steady at $1.34 million after coming in at $1.36 million in last years first quarter.
Business intelligence software developer Business Objects SA saw total revenues surge from $107.5 million to $118.5 million year-to-year. Software license revenues fell from $63.2 million to $56.2 million, though license update and support revenues increased from $31 million to $46 million. Net income for the San Jose, Calif., company dropped from $11 million to $8.8 million.
Brio Software Inc. managed a revenue increase as well, from $25.4 million to $26.7 million. License revenue was up slightly from $10.96 million to $11 million. Restructuring costs from past layoffs and facility closures increased the Santa Clara, Calif.-based business intelligence software vendors net loss to $13.4 million from $3.8 million in the same period last year.
Knowledge management software developer Primus Knowledge Solutions Inc. saw overall revenues drop to $5.5 million from $6 million in last years first quarter. License revenues were off only slightly, from $2.5 million to $2.4 million. The Seattle-based company lost $1.1 million after a $4.8 million loss in last years first quarter.