No matter how you get your news these days you can’t help being bombarded by the talk of a recession. With all the talk I thought I’d take a quick look at some of the WCM vendors and see how they were doing.
This is not an in depth financial analysis, but I think it is safe to say the WCM market is still strong and shows few signs of slowing down. The vast majoriy of vendors has posted records numbers, with (Vignette and MediaSurface being key exceptions, and seem to have positive outlooks for 2008.
Here’s is a summary of the most recent releases.
Interwoven
Interwoven reported total revenues of $61.5 million for the first quarter of 2008, an increase of 17% from total revenues of $52.7 million for the first quarter of 2007.
“Our first quarter performance provided an excellent start to 2008″, said Joe Cowan, CEO of Interwoven. “We posted a revenue increase of 17% over last year, while increasing earnings and cash flows. These results are a direct result of a strategy that is tuned to the needs of our customers.” Full Story (Interwoven)
OpenText
Total revenue for the third quarter was US$178.8 million, up 15% compared to US$156.1 million for the same period in the prior fiscal year. License revenue in the third quarter was US$51.5 million, up 20% compared to US$43.0 million in the third quarter of the prior fiscal year. Full Story (CIO)
Tridion
“SDL Tridion’s revenues hit a record USD 42M in 2007 driven by strong expansion in the US and UK markets as well as market share growth across Europe. With year-on-year revenuegrowth of 58% and license revenuegrowth of 67%, ….. Net profit also reached record levels in 2007 and net margin was a class leading 16% of revenues in spite of heavy investments in global expansion and incidental costs related to the acquisition by SDL” Full Story (Tridion)
Fatwire
Web Content Management Provider Achieves 21 Percent Increase in Year-Over-Year RevenueGrowth
FatWire Software…., announced that the company delivered its strongest year ever with record-breaking fourth quarter fiscal year 2007 results. FatWire achieved an exceptional 35 percent growth in total revenuefor the quarter which ended on December 31st, 2007, driven by a strong demand worldwide for its products and services.” Full Story (Fatwire)
Day Software
The Company reported a record first quarter, achieving a 15% growth in total revenue over the same period in 2007. Revenues for the first quarter totaled CHF 7.4 million, compared with revenues of CHF 6.4 million for the first quarter of 2007. License revenues increased by 39% over last year, totaling CHF 4.3 million, compared with license revenues of CHF 3.1 million for the same period last year.” Full Story (Day)
Clickability
Clickability, …… today announced the closing of $8 million in its second round of venture funding. Shasta Ventures led the round, with additional investment from Convergence Partners, which financed Clickability’s initial venture capital round. Full Story (Clickability)
Vignette Corporation
Vignette Corporation (NASDAQ: VIGN) today announced that total revenue for the first quarter 2008 was $44.8 million, a decrease of 6.0% from the first quarter of 2007.
“Our business remains volatile on a quarter by quarter basis,” said Mike Aviles, president and CEO of Vignette. “We need stronger focus and more consistent results from our sales and marketing efforts. License revenue in North America was particularly challenging for us in the first quarter; however, services were strong, and we continue to make good progress around our technology. Customer satisfaction and renewal rates are up. We announced several new products during the quarter and added integrated video content management capabilities with the acquisition of Vidavee.” Full Story (Vignette)
MediaSurface
“In recent years Mediasurface has grown — a bit haphazardly we thought — via acquisition, but evidently failed to control costs, and a surprise announcement (pdf) of losses late last year sent the stock tumbling from around 25p to languish at about 5p per share, at least until this latest courtship. You can track the stock price here.” Full Story (CMSWatch)