Zahlen von bvsn wohl nicht so gut??? o.T.

 

 

 

 

 

 

 

BroadVision, Inc. Reports Results for Fourth Quarter 2000  


REDWOOD CITY, Calif., Jan 25, 2001 (BUSINESS WIRE) -- BroadVision, Inc.
(Nasdaq: BVSN), a leading provider of personalized e-business applications,
today reported financial results for the quarter ended December 31, 2000.

Key financial results for the quarter and comparisons versus prior quarters are
as follows:


                           Quarter ended  Quarter ended  Quarter ended
                                Q4'00          Q4'99          Q3'00
                           -------------  -------------  -------------
Revenues                   $136.9 million $43.7 million $120.2 million
Operating Income             $4.6 million  $5.9 million  $17.8 million
(Pro Forma-Fiscal
  2000 only)
Net Income                   $4.5 million  $8.1 million  $13.6 million
(Pro Forma- Fiscal 2000
only)
Diluted EPS                         $0.02         $0.03          $0.05
(Pro Forma- Fiscal 2000
only)

         §   Key financial results for the year 2000 as compared to 1999 are as
follows:

                                   FY'00            FY'99
                                   -----            -----
Revenues                       $413.9 million   $115.5 million
Operating Income                $45.1 million    $15.3 million
(Pro Forma Fiscal 2000 only)
Net Income                      $38.7 million    $18.8 million
(Pro Forma-Fiscal 2000 only)
Diluted EPS                             $0.13            $0.07
(Pro Forma-Fiscal 2000 only)

"It was a great year in terms of both revenues and non-financial measures. Q4
2000 was BroadVision's eleventh consecutive quarter of profitability, on a
pro-forma basis. Our aggressive growth and enhanced presence in global markets
did result in higher than anticipated expense levels in Q4, but we feel good
about the market and believe that we are well positioned for continued success,"
said Dr. Pehong Chen, president and CEO, BroadVision. "In 2001 we intend to
build on our strong foundation to deliver the most innovative suite of
e-business applications that help companies provide their customers, employees,
suppliers and partners with personalized, self-service access to a variety of
key business processes. We believe that BroadVision's enterprise-class solutions
deliver the cost savings and revenue generating opportunities that CIOs are
looking for in today's economic climate."


    New Customers

During the quarter, BroadVision acquired 107 new customers (93 end-user
customers and 14 partner organizations) - bringing the total number of
BroadVision's installed base to 1,169 accounts across top vertical markets
worldwide. During this same period, 95 sites went live using BroadVision
applications. A sampling of new BroadVision customers includes:


    --  Digital Markets: Clicon, Colinx LLC, ICFox, iStark, New Health
        Exchange, PurchasePro, Universal Exchange, U-Steel

    --  Energy/Utility: Saudi Aramco Services, ENEL, WIND

    --  Financial Services: ABN-AMRO Bank, Banca Commercio, Bear
        Stearns, BGZ Bank Poland, China Trust Bank, CIBC, CommerzBank
        UK, Dogas E-Bank, Korfez Bank,

    --  Healthcare/Pharmaceuticals: Advance PCS, Hawaii Medical
        Service Association, Pharmacia

    --  High-Tech/Manufacturing: Circadence, Coors, Heineken, Mettler
        Toledo, NCR, Sony UK, Toppan Printing, Toshiba Australia,
        webMethods

    --  Media/Publishing: BigApple, Editorial Atlantida SA, Reuters

    --  Public Sector: British Department of Trade and Industry,
        California Department of Transportation (Caltrans), State of
        California

    --  Retail/Distribution: Cendant, LeShop Germany, Tweeter Home
        Entertainment, Viajes Marsana

    --  Telecom: BT Ignite, Cellkom Malaysia, France Telecom, Japan
        Telecom, Telmex, Westell

    --  Travel/Leisure: Easy Voyage, Online Travel Portal

Additionally, BroadVision received significant repeat business in new revenue
during the quarter from a variety of existing customers including Air France,
American Airlines, Bank of America, British Telecom, Citibank USA, CompuCom,
Credit Suisse, GE Capital, Home Depot, Intel, MCI Worldcom, Nortel Networks,
OfficeMax, Philips, Sears, TSMC, Xerox and more.


    Partnerships and Strategic Alliances

This past quarter, 14 leading firms joined BroadVision's expanding network of
systems integration, consulting and reseller partners to expand its distribution
channels, broaden product integration, and develop and launch new technology and
services to further penetrate markets in leading industries worldwide.
Highlights this quarter include:


    --  A strategic alliance with BEA Systems to embed BEA WebLogic
        Server(TM) within BroadVision One-To-One(R) Enterprise,
        BroadVision's e-business application platform. The two
        companies have agreed to engage in collaborative engineering
        and marketing initiatives. Together, the companies will supply
        next-generation e-business solutions that combine leading
        Java-based application server technology with the leading
        e-business software applications.

        The announcement of this strategic alliance was included in
        BroadVision's introduction of the next generation of
        BroadVision's e-business application platform, BroadVision
        One-To-One Enterprise. The partnership with BEA Systems will
        add Java(TM) 2 Platform, Enterprise Edition (J2EE(TM)) support
        to BroadVision One-To-One Enterprise Version 6. These new Java
        technology-based features will enhance BroadVision's already
        robust support for open standards including JavaScript(TM)
        technology, C++, COM, CORBA, XML, XSL, LDAP, WML and WAP.
        BroadVision One-To-One Enterprise Version 6 will be one of the
        only J2EE technology-compatible e-business solution suites to
        also deliver comprehensive e-business applications, content
        management, personalization, analytics and wireless support
        from a single vendor.

    --  A partnership with i2 Technologies to deliver a comprehensive
        e- commerce solution. The combined offering is intended to
        integrate the i2 TradeMatrix Sell and i2 TradeMatrix Content
        Solutions with BroadVision's suite of e-business applications
        to create a best-of-breed solution for managing the entire
        e-commerce value chain.

    --  An e-business alliance with Intel to jointly develop and
        market solutions built on BroadVision's suite of e-business
        applications and Intel's servers. BroadVision and Intel plan
        to develop and market solutions built on BroadVision's suite
        of e-business applications and Intel-based servers.

    --  A continuing partnership with Hewlett-Packard Company that has
        resulted in delivering advanced, e-business solutions to more
        than 100 customers worldwide. HP Consulting has more than 400
        trained consultants engaged in the implementation of more than
        40 BroadVision customer sites worldwide.

    --  A $17 million worldwide agreement with NCR Corporation to
        enable the two companies to drive business growth with
        personalized communications to consumers and businesses. The
        $17 million commitment represents the two companies' joint
        investment in research and development, marketing and the
        development and operation of Centers of Expertise.

In addition, BroadVision worked closely with systems integration partners such
as Accenture, Cambridge Technology Partners (CTP), Computer Science Corporation
(CSC), Computer Technology Associates (CTA), Context Integration, Corio,
Deloitte Consulting, Ernst & Young, Groundswell, HP, iXL, KPMG, LEAPNet,
MediData, NexGenix, PricewaterhouseCoopers, Roundarch, Softek,
USinternetworking, Xpedior, and others which together delivered or influenced
more than 85% of new license revenues during the quarter.


    Additional Milestones

BroadVision reached the following notable milestones during Q4 2000:


    --  On November 13, 2000, BroadVision was added to the Standard &
        Poor's 500 Index--one of the most widely used benchmarks of
        U.S. equity performance. The S&P 500 Index consists of 500
        stocks chosen for market size, liquidity and industry group
        representation.

    --  BroadVision reached a software engineering milestone,
        delivering its one-hundredth sequential, on-time software
        release with BroadVision(R) MarketMaker(TM) version 5.5.1 for
        the Sun Solaris(TM) Operating Environment and Hewlett-Packard
        HP-UX(TM) operating systems. This is noteworthy because it
        marks the 100th release of a BroadVision e-business product,
        with each release delivered on or before the planned release
        date.

    --  BroadVision was ranked Number 15 on the Deloitte & Touche
        Technology Fast 500, a ranking of the 500 fastest-growing
        technology companies in North America. Rankings were based on
        five-year percentage revenue growth from 1995 to 1999.

    --  BroadVision was listed for inclusion in The Standard 100,
        powered by Epoch Partners, the premier stock index tracking
        the Internet economy.

    Conference Call

BroadVision will hold a conference call to discuss the fourth quarter and its
outlook for 2001 at 1:30 pm Pacific Time on Thursday, January 25th, 2000. The
call, open to the public and hosted by Dr. Pehong Chen, President and CEO of
BroadVision, can be accessed by going to the investor relations section of the
company's website at www.broadvision.com. A replay of the call will also be
available for 30 days on the website.


    "Safe Harbor" Statement Under the Private Securities Litigation
    Reform Act of 1995:

Information in this release that involves expectations, beliefs, hopes, plans,
intentions or strategies regarding the future are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934, which forward-looking statements involve
risk and uncertainties. All forward-looking statements included in this release
are based upon information available to BroadVision as of the date of this
release, and BroadVision assumes no obligation to update or correct any such
forward-looking statement. These statements are not guarantees of future
performance and actual results could differ materially from BroadVision's
current expectations. Factors which could cause or contribute to such
differences include, but are not limited to: lack of market acceptance of
BroadVision's products or services; BroadVision's inability to continue to
develop competitive new products and services on a timely basis; introduction of
new products or services by competitors; and BroadVision's inability to attract
and retain qualified employees. These and other factors and risks associated
with BroadVision's business are discussed in its most recent annual report on
Form 10-K as filed with the Securities and Exchange Commission ("SEC") and in
BroadVision's quarterly reports on Form 10-Q filed subsequent to the filing of
the Form 10-K.


    About BroadVision

BroadVision (Nasdaq: BVSN, Neuer Markt: BDN) develops and delivers an integrated
suite of packaged applications for conducting e-commerce interactions and
transactions. Global enterprises and government entities use these applications
to sell, buy and exchange information over the web and on wireless devices. The
BroadVision e-commerce application suite enables a corporation to become more
competitive and profitable by establishing and sustaining high-yield
relationships with customers, suppliers and employees. BroadVision services
professionals, supported by over 100 partner organizations worldwide, transform
these applications into business value for our customers through consulting,
education, and support services in more than 34 countries.

BroadVision--founded in 1993, public since 1996--has more than 1,100 customers
and is a component stock of the Standard & Poor's 500 index. IDC ranks
BroadVision as the world's leading provider of e-commerce software applications
(International Data Corp., E-Commerce Software Applications Market Forecast and
Analysis, 2000- 2004). BroadVision is headquartered in Redwood City, California
and can be reached at 650.261.5100 or info@broadvision.com.

BroadVision, BroadVision One-To-One, BroadVision One-To-One Enterprise, and
BroadVision MarketMaker are trademarks or registered trademarks of BroadVision,
Inc. in the United States and other countries. Other names herein may be the
property of their respective owners.


                  BROADVISION, INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED BALANCE SHEETS
                            (In thousands)


                                       December 31,   December 31,
                                           2000           1999
                                       ------------   ------------

                                ASSETS

Current assets:
   Cash and cash equivalents          $   148,070    $   279,823
   Short-term investments                  74,465         68,758
   Accounts receivable, less
    doubtful accounts allowances
    of $4,015 and $1,446 for 2000
    and 1999, respectively                104,811         26,540
   Prepaids and other                      17,416          5,085
                                      -----------    -----------
       Total current assets               344,762        380,206

Property and equipment, net                76,685         16,751
Long-term investments                     102,555          4,414
Goodwill and other intangibles, net       607,501           --
Other assets                                5,942          4,757
                                      -----------    -----------
       Total assets                   $ 1,137,445    $   406,128
                                      ===========    ===========


                 LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
   Accounts payable                   $    15,711    $     5,754
   Accrued expenses                        47,597         13,156
   Unearned revenue                        16,330          3,896
   Deferred maintenance                    42,237         15,228
   Income taxes                              --           16,769
   Current portion of long-term
    debt and capital lease
    obligations                               977          1,247
                                      -----------    -----------
       Total current liabilities          122,852         56,050

Other noncurrent liabilities                  898           --
Long-term debt                              3,897          4,890
                                      -----------    -----------
       Total liabilities                  127,647         60,940

Stockholders' equity:
   Common stock                                27             24
   Additional paid-in capital           1,174,088        320,259
   Deferred compensation                     --             (226)
   Accumulated other comprehensive
    income, net of tax                     (4,348)        25,925
   Accumulated deficit                   (159,969)          (794)
                                      -----------    -----------
       Total stockholders' equity       1,009,798        345,188
                                      -----------    -----------
       Total liabilities and
        stockholders' equity          $ 1,137,445    $   406,128
                                      ===========    ===========


                  BROADVISION, INC. AND SUBSIDIARIES
            CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
               (In thousands, except per share amounts)

                             Three Months Ended    Twelve Months Ended
                                December 31,           December 31,
                              2000       1999        2000        1999
  
Revenues:
 Software licenses         $  80,925  $  28,162   $ 250,838  $  75,383
 Services                     55,952     15,581     163,078     40,131
                           ---------  ---------   ---------  ---------
   Total revenues            136,877     43,743     413,916    115,514

Cost of revenues:
 Cost of license revenues      2,050      1,243       7,071      3,703
 Cost of service revenues     37,787      9,994     117,758     25,108
                           ---------  ---------   ---------  ---------
   Total cost of revenues     39,837     11,237     124,829     28,811
                           ---------  ---------   ---------  ---------
Gross profit                  97,040     32,506     289,087     86,703

Operating expenses:
 Research and development     21,126      4,582      51,579     14,568
 Sales and marketing          62,397     19,012     164,966     48,903
 General and administrative    8,927      2,969      27,469      7,970
 Goodwill and intangible
  amortization, net           66,036         --     187,748         --
                           ---------  ---------   ---------  ---------
 Charge for acquired
  in-process Technology           --         --      10,100         --
                           ---------  ---------   ---------  ---------
   Total operating
    expenses                 158,486     26,563     441,862     71,441
                           ---------  ---------   ---------  ---------
Operating income (loss)      (61,446)     5,943    (152,775)    15,262

Other income, net              2,712      2,542      18,217      4,543
                           ---------  ---------   ---------  ---------
   Income (loss) before
    provision for income
    taxes                    (58,734)     8,485    (134,558)    19,805

Provision for income taxes     2,848        423       24,617       996
                           ---------  ---------   ---------  ---------

   Net income (loss)       $ (61,582) $   8,062   $(159,175) $  18,809

Basic earnings (loss)
 per share                  $  (0.23) $    0.03   $   (0.61) $    0.08
                           =========  =========   =========  =========
Diluted earnings (loss)
 per share                 $   (0.23) $    0.03   $   (0.61) $    0.07
                           =========    =========   ======== =========

Shares used in computing:
  Basic earnings (loss)
   per share                 268,315    237,885     259,780    229,128
                           =========  =========   =========  =========
  Diluted earnings (loss)
   per share                 268,315    275,442     259,780    260,712
                           =========  =========   =========  =========

Pro forma net income(a)   $   4,454        N/A   $  38,673        N/A
                           =========  =========   =========  =========

Pro forma basic earnings
 per share                $    0.02        N/A   $    0.15        N/A
                           =========  =========   =========  =========
Pro forma diluted earnings
 per share                $    0.02        N/A   $    0.13        N/A
                           =========  =========   =========  =========


         §   Note (a): Pro Forma net income/EPS excludes amortization of
goodwill and acquired technology and the charge for acquired
in-process technology. Goodwill amortization was $63,627 and $180,922
and acquired technology amortization was $2,409 and $6,826 for the
three and twelve months ended December 31, 2000, respectively. The
charge for acquired in-process technology was $0 and $10,100 for the
three and twelve months ended December 31, 2000, respectively. Shares
used for the pro forma diluted earnings per share calculations are
296,834 and 295,581 for the three and twelve months ended December 31,
2000, respectively.

CONTACT:          BroadVision, Inc.
                  Investor Relations
                  Bob Okunski, 650.542.4659
                  bob.okunski@broadvision.com
                  Press and Media Relations
                  Amber Rowland, 650.542.5881
                  amber.rowland@broadvision.com

URL:              http://www.businesswire.com
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Copyright (C) 2001 Business Wire.  All rights reserved.



KEYWORD:          CALIFORNIA
INDUSTRY KEYWORD: E-COMMERCE
                  INTERNET
                  SOFTWARE
                  COMPUTERS/ELECTRONICS
                  EARNINGS

 

auch wenn ich ein schwarzes Sternchen riskiere - morgen gibt es ein Blutbad am NM !

Gruss
haha  

 

Zumindest wird es getestet werden, Kurse bald unter die 10 würden mich nicht wundern.

haha  

 

hat man falsche Zahlen ausgegeben ??

Vielleicht eine 2 statt der erwarteten 5 ?

Oder sind die Prognosen so gut ?  

BroadVision disappoints (BVSN) by Carl Corry
 
E-business software provider BroadVision reported fourth quarter financial results that fell short of Wall Street’s expectations due to higher operating expenses. The company posted net income of $4.5 million, or 2 cents a share, compared with $8.1 million, or 3 cents a share in the fourth quarter 1999. Analysts on average had expected the company to earn 5 cents a share, according to First Call/Thomson Financial. “Our aggressive growth and enhanced presence in global markets did result in higher than anticipated expense levels in Q4, but we feel good about the market and believe that we are well positioned for continued success," said Pehong Chen, BroadVision’s President and CEO.


zumindest gibt es keinen hinweis auf negative zukunftsaussichten

grüsse  

sein? Daran erkennt man doch, daß immer noch genug zittrige Hände im Spiel sind, oder?

Gr. ZN  

um 22.57 Uhr auf L&S stehen Sie noch auf 14,19 !  

kaum wahrscheinlich. Schaun 'wer mal.  

Vielleicht gibt es ja ein paar zittrige Hände oder ein paar stop-loss ( Lernt man das denn nie, daß die nichts taugen?), so daß man zu 10,80 bis 11,20 rankommt. Ist natürlich gefährlich, da man nicht weiß, wie die Institutionellen reagieren. Aber hier sind die Ami-Fonds entscheidend.  

eine Reihe von Downgrades morgen! Ein Test der lows bei 10$ wird die realistische Folge sein. Dort werde ich Kauflimits plazieren.

Grüsse Auhof  

schnell neue Bewertungen raus.  

an dieser stelle würde ich mir eine objektive analyse wünschen.
wenn der preis irgendwann mal stimmt, bin ich vielleicht mit dabei, obwohl schwer software-geschädigt.
gebt mir infos!
XXL thanx!
 

d. h. bei schlechtem Marktumfeld und den schlechten Zahlen ist da noch genug Luft für eine Kellerpartie!

Grüsse Auhof  

aus welcher dynastie kommst du?
heißt dein chik zufällig nofretete?
;-)
aber mal im ernst: ich habe leider keinen blassen schimmer wie Pehong Chen so drauf ist, doch bei dieser interessanten aussage, hätte ich ihn zugern live gesehen.
bvsn find ich plötzlich interessant.
thanx!
 

Schon wieder eine zwangsweise im Langzeitdepot !  

Was soll das morgen werden?


 
Datum: 26.01. 00:13 BVSN-Zahlen Riesenenttäuschung-Kursgemetzel


Das B2B-Softwareunternehmen BroadVision meldete am Donnerstag nach Handelsschluß Zahlen für das vierte Quartal, die deutlich unter den Erwartungen des Marktes lagen.

Obwohl sich die Umsätze in den vergangenen zwölf Monaten auf 136,9 Mio $ mehr als verdreifacht hatten, schaffte es das Unternehmen nicht, seine Kosten im Zaum zu halten und sorgte so für eine faustdicke negative Überraschung.

4,5 Mio $ Gewinn oder 2 Cents/Aktie sind es jetzt nur geworden, nach 8,1 Mio $ oder 3 Cents/Aktie im Vorjahreszeitraum und gegenüber 5 Cents/Aktie, wie es Analysten von dem Unternehmen erwartet hatten.

Nachbörlich wird die Aktie um über 20% regelrecht verprügelt.

© GodmodeTrader.de


Gute Nacht
Tobias