Content management vendors Documentum Inc., Interwoven Inc. and Optika Inc. turned in a mixed bag of results in the first quarter in earnings reported this week.
Documentum, fueled by acquisitions its made since last years first quarter, enjoyed a healthy revenue bounce and signed up a record number of new customers, but saw net losses rise year-to-year. Interwoven saw revenues and losses fall, while Optika enjoyed a modest gain in revenues while losses remained meager and constant.
Documentum, which bought records management software vendor TrueArc and collaboration software developer eRoom in the past year, saw its total revenues soar from $50.6 million in last years first quarter to a record $67 million this year. License revenue led the charge, up from $25.1 million to $34.4 million. The Pleasanton, Calif.-based company also added a record 107 new customers during the quarter, which ended March 31.
Weighed down by $12 million in restructuring costs during the quarter, Documentum did see losses rise, from $1.7 million in the first quarter of last year to $5 million this year.
Interwoven, of Sunnyvale, Calif., fared just the opposite in the quarter, paring losses from $15.7 million to $9.1 million while also seeing revenues fall from $32.7 million to $25.6 million. License revenue was hardest hit, dropping from $14.9 million to $9.2 million year-to-year.
Colorado Springs, Colo.-based Optika enjoyed a slight revenue increase, from $3.9 million to $4.3 million year-to-year. License revenue was up from $994,000 to $1.2 million. The companys losses were nearly constant, up from $526,000 to $548,000.
In other software and service company earnings news this week:
Web conferencing service provider WebEx Communications Inc. seemed to take advantage of the decrease in corporate travel as its revenues rose year-to-year to $41.8 million from $29.6 million. The revenue increase helped boost profits for the San Jose, Calif.-based company, as its net income jumped from $1.1 million to $6.3 million year-to-year.
WebEx also announced the promotion of corporate finance executive Michael Everett to CFO, replacing Craig Klosterman, WebExs CFO for the past three years, who plans to retire later this year.
Contact center software developer Aspect Communications Corp. saw revenues tumble from $104.5 million in last years first quarter to just $84.4 million this year. License revenues slipped from $22.9 million to $15 million. Thanks to across-the-board reductions in expenses though, the San Jose-based company did turn a $4.1 million profit in the quarter after losing $40.7 million on paper in last years first quarter.
Aspect rival Concerto Software Inc. gained in revenues, from $23.3 million to $25.6 million. Product revenue was nearly constant, rising from $10.6 million to $11 million. Westford, Mass.-based Concerto managed a $475,000 profit after losing $4.1 million in last years first quarter.
CRM and billing software developer Amdocs Ltd. saw fiscal second-quarter revenues fall year-to-year from $455.3 million to $355 million. License revenue sunk from $45.5 million to $19.2 million. But thanks to a huge drop-off in amortization and restructuring charges, Amdocs managed to raise its profits from $26.4 million in last years second quarter to $45.4 million this year.
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