Vignette - Quartalszahlen + Absturz wegen schwachem Outlook :-( :-( :-( - 500 Beiträge pro Seite

[buckweiser]

Vignette Corp. Reports Record Fourth-Quarter Results
FY2000 Revenue Grew 311% and Quarterly Revenue Increased 203% Over Prior Year Quarter
AUSTIN, Texas, Jan 18, 2001 (BUSINESS WIRE) -- Vignette Corp. (Nasdaq: VIGN chart, msgs), the leading supplier of eBusiness applications, today reported financial results for the quarter ended Dec. 31, 2000.


VIGNETTE CORP.
-----------------------------------------------
Quarter Ended 12/31/00 Year Ended 12/31/00
---------------------- -------------------
Total Revenue $123.9 million $366.7 million
Core Operating Loss $(6.3) million $(24.3)million
Core EPS $0.00 $0.00

FOURTH-QUARTER HIGHLIGHTS

-- Total revenue for the fourth quarter increased to $123.9
million, representing a 203% increase over the fourth quarter
of 1999 and a 12% increase over last quarter.

-- Revenue for the year ended Dec. 31, 2000, increased 311% over
last year to $366.7 million.

-- Core operating loss for the fourth quarter was $6.3 million.

-- Core EPS for the fourth quarter was $0.00.

CUSTOMERS

Vignette added 97 new customers, ending the quarter with an installed base of 1,248 end-user customers. New customers for the quarter included, but were not limited to the following: Allianz, Audi, Aventis, Avnet, Banco Santander Central Hispano, Barclays Bank, Caterpillar, Conseco, Deutsche Asset Management, Dow Jones & Co., Downstream Energy, H. J. Heinz, Korn/Ferry, Lloyds.com, Media News Group, MobileOne, Nissan North America, Reliant Energy, the Royal Bank of Scotland, T. Rowe Price, UBS, United Technologies, the U.S. Army and Volkswagen.

The company also recognized significant orders from existing customers, including Bertelsmann, BMW, Cablevision, JP Morgan Chase, Compaq, Daimler Chrysler, Federation Internationale de Football Association (FIFA), Hewlett Packard, MetLife, New York Life, PaineWebber, Terra Networks, United Air Lines and Qwest.

PRODUCT LEADERSHIP


In the quarter, Vignette shipped a new version of its full product suite, providing support for the Java(TM)2 Platform, Enterprise Edition (J2EE(TM)). Vignette`s new version is the only suite of eBusiness applications for content management, personalization, analytics and wireless capabilities enabled for the J2EE platform that is available to companies that have standardized on the J2EE platform. By providing support for the J2EE platform, Vignette is enabling its customers to further decrease the cost, risk and time associated with developing eBusiness applications. Vignette`s new products also provide customers with cross-platform capabilities and access to more than 2 million corporate information technology (IT) developers trained on Java technologies. The new version extends Vignette`s longstanding support of industry standards, including XML, ICE, RosettaNet, BizTalk and Microsoft Windows DNA. By adding support for the J2EE platform to its existing support for Microsoft Windows DNA and other enterprise platforms, Vignette becomes the only eBusiness application platform to support these dominant industry standards for developers.

"I knew this was possible," said Colleen Niven, vice president of eBusiness technologies at AMR Research. "But Vignette is the first to do it."

THE VIGNETTE(R) ECONOMY


During the quarter, the Vignette Economy of trained third-party professionals rose to approximately 2,000. Vignette continued to expand its relationships with Accenture, IBM Global Services, Sapient and Sun Microsystems and formed new alliances with PricewaterhouseCoopers and Computer Sciences Corp.

In the fourth quarter, the company formed partnerships with Dell Computer Corp. to integrate Vignette`s products with Dell`s PowerEdge(TM) Servers and with Intel Corp. to optimize Vignette products for Intel`s current and future Pentium(R) III Xeon(TM), Pentium III and Itanium processors. In addition, the company announced the Vignette-led XCM (extended content management) Alliance. Alliance partners include Akamai, Artesia, BullDog, FileNET, Idiom, Inktomi, MacroMedia, NexGenix, Quark, Rational Software, Sun and Virage. Its goal is to bring together the leading vendors in three areas of content management -- content development management, application content management and content delivery/acceleration management -- to offer first-class integrations of each vendor`s solutions and address the enterprisewide management of content. As part of its XCM initiative, Vignette announced a strategic alliance with Rational Software to develop and market the Rational Suite ContentStudio.

FINANCIAL OUTLOOK


"In the fourth quarter, we saw a significant number of Global 1000 companies choose Vignette technology to drive their online initiatives," said Greg Peters, chairman, president and CEO of Vignette. "The financial commitments made by these customers to Vignette continue to increase, and we built and expanded partnerships with many of the world`s leading technology companies."

While Vignette`s long-term outlook and market position are strong, recent uncertainty surrounding the overall IT spending environment and customer hesitancy to make large capital expenditures has led Vignette to reduce its financial guidance for fiscal year 2001. Vignette currently expects revenues of $100 million and core EPS of $(0.01) for the first quarter of 2001 and revenues of $500 million and core EPS of $0.09 for the full year 2001. The company is taking action to reduce its overall cost of operations in light of this revised outlook. These measures include a workforce reduction and consolidation of certain facilities. Vignette estimates that as a result of these actions the company will incur a charge of approximately $45 million to $55 million in the first quarter. Vignette expects to save approximately $100 million over the next four quarters as a result of these actions.

"Our priorities are simple," Peters concluded. "First, to continue to ensure that we have the most value-added solutions available in the market so we can continue to grow our business and market share and second, to do so profitably."

ABOUT VIGNETTE CORP.


Vignette Corp. is the leading supplier of eBusiness application software. Vignette`s products enable businesses to create and extend relationships with prospects and customers and facilitate high-volume transaction exchanges with suppliers and partners, all of which enhance customer satisfaction. Headquartered in Austin, Texas, Vignette Corp. has offices throughout Europe, Asia and Australia and can be found on the Web at http://www.vignette.com.

Vignette`s fourth quarter financial results will be discussed Thursday, Jan. 18, at 8:30 a.m. EST. Dial-in information is as follows:

Domestic: 888/849-9225
International: 212/993-0245
Passcode: N/A


The replay will be available from Jan. 18 at 11 a.m. EST to Jan. 20 at a.m. EST. The replay information is as follows:

Domestic: 800/633-8284
International 858/812-6440
Passcode: 17594966


The simultaneous webcast will be available via the Investor Relations section of Vignette`s corporate Web site at http://www.vignette.com/.

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

The statements contained in this earnings release that are not purely historical are forward looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding the Company`s expectations, beliefs, hopes, intentions or strategies regarding the future. Forward looking statements include statements regarding future sales, market growth, and competition. All forward looking statements included in this earnings release are based upon information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward looking statement. Actual results could differ materially from the Company`s current expectations. Factors that could contribute to such differences include overall trends affecting the growth of eBusiness and the internet economy; fluctuations in quarterly operating results due to competition, the length of our sales cycles, customer timing decisions or other factors; our ability to continue to develop new products and services to meet the rapid competitive cycles of our industry; our ability to maintain the growth in the number of trained third-party consultants; our ability to continue to develop a professional services business; our ability to attract and retain key talent; and our ability to integrate acquisitions successfully. These and other factors are described in our filings with the SEC, including our report on Form10-Q for the quarter ended Sept. 30, 2000.

Vignette, the V Logo, www.vignette.com, V/Series, V/5, V/5 E-Business Platform, V/5 Content Management Server, V/5 Lifecycle Personalization Server, V/5 Communication Server, V/5 Relationship Marketing Server, V/5 Syndication Server, V/5 Advanced Deployment Server, V/5 Development Center, V/5 Tools, Vignette Application Foundation and Vignette Application Power Pack are trademarks or registered trademarks of Vignette Corp. in the United States and foreign countries. All other names and terms in this release are trademarks or registered trademarks of their respective companies.

Java, JavaServer Pages, JSP, J2EE, and JavaBeans are trademarks or registered trademarks of Sun Microsystems Inc. in the United States and in other countries.

All other names are trademarks of their respective companies.


VIGNETTE CORPORATION
CONSOLIDATED BALANCE SHEETS
(In thousands)


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

ASSETS
Current assets:
Cash, cash equivalents and
short-term investments $ 447,833 $ 402,229
Accounts receivable, net 128,047 45,065
Prepaid expenses and other 8,172 5,588
---------- ----------
Total current assets 584,052 452,882

Property and equipment, net 57,463 11,059

Investments 84,295 27,011
Intangibles, net 1,489,040 20,467
Other assets 4,666 3,311
---------- ----------
Total assets $2,219,516 $ 514,730
========== ==========


LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable and accrued expenses $ 90,293 $ 31,074
Deferred revenue 94,153 44,846
Current portion of long-term debt
and capital lease 751 254
Other current liabilities 9,024 1,497
---------- ----------
Total current liabilities 194,221 77,671

Long-term debt and capital lease,
less current portion 782 --
---------- ----------
Total liabilities 195,003 77,671
---------- ----------
Stockholders` equity 2,024,513 437,059
---------- ----------
Total liabilities and
stockholders` equity $2,219,516 $ 514,730
========== ==========

VIGNETTE CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)

Quarter Ended Year Ended
December 31, December 31,
-------------------- --------------------
2000 1999 2000 1999
--------- --------- ---------- ---------
(Unaudited)
Revenue:
Product license $ 78,742 $ 21,730 $ 216,257 $ 46,292
Services 45,172 19,212 150,404 42,893
--------- --------- --------- ---------
Total revenue 123,914 40,942 366,661 89,185

Cost of revenue:
Product license 1,513 1,376 7,611 3,306
Services 32,748 13,520 111,410 33,488
--------- --------- --------- ---------
Total cost of revenue 34,261 14,896 119,021 36,794
--------- --------- --------- ---------

Gross profit 89,653 26,046 247,640 52,391

Operating expenses:
Research and development 22,670 6,216 58,324 16,447
Sales and marketing 60,196 20,740 175,020 49,559
General and administrative 13,105 3,508 38,625 9,494
Purchased in-process
research and development,
acquisition-related, and
other charges 2,996 458 169,885 15,641
Amortization of deferred
stock compensation 8,496 1,536 33,863 5,654
Amortization of
intangibles 127,281 898 328,691 1,796
--------- --------- --------- ---------
Total operating expenses 234,744 33,356 804,408 98,591
--------- --------- --------- ---------

Loss from operations (145,091) (7,310) (556,768) (46,200)

Other income, net 7,400 1,684 25,992 3,723
--------- --------- --------- ---------

Loss before income taxes (137,691) (5,626) (530,776) (42,477)

Provision for income taxes 1,009 -- 1,449 --
--------- --------- --------- ---------

Net loss $(138,700) $ (5,626) $(532,225) $ (42,477)
========= ========= ========= =========

Basic and diluted net loss
per share (1) $ (0.60) $ (0.03) $ (2.59) $ (0.28)
========= ========= ========= =========

Shares used in computing
basic and diluted net
loss per share 231,792 162,948 205,885 150,912

(1) The year ended December 31, 1999 assumes the conversion of
redeemable convertible preferred stock and convertible
preferred stock into an equivalent number of common stock at
the time of issuance.

VIGNETTE CORPORATION
CONSOLIDATED STATEMENTS OF CORE OPERATIONS
(In thousands, except per share data)

Quarter Ended Year Ended
December 31, December 31,
-------------------- --------------------
2000 1999 2000 1999
--------- --------- ---------- ---------
(Unaudited) (Unaudited)
Revenue:
Product license $ 78,742 $ 21,730 $ 216,257 $ 46,292
Services 45,172 19,212 150,404 42,893
--------- --------- ---------- ---------
Total revenue 123,914 40,942 366,661 89,185

Cost of revenue:
Product license 1,513 1,376 7,611 3,306
Services 32,748 13,520 111,410 33,488
--------- --------- ---------- ---------
Total cost of revenue 34,261 14,896 119,021 36,794
--------- --------- ---------- ---------

Gross profit 89,653 26,046 247,640 52,391

Operating expenses:
Research and development 22,670 6,216 58,324 16,447
Sales and marketing 60,196 20,740 175,020 49,559
General and administrative 13,105 3,508 38,625 9,494
--------- --------- ---------- ---------
Total operating expenses 95,971 30,464 271,969 75,500
--------- --------- ---------- ---------

Core loss from
operations (1) (6,318) (4,418) (24,329) (23,109)

Other income, net 7,400 1,684 25,992 3,723
--------- --------- ---------- ---------

Core income/(loss) before
income taxes 1,082 (2,734) 1,663 (19,386)

Provision for income taxes 433 -- 665 --
--------- --------- ---------- ---------

Core net income/(loss) (2) $ 649 $ (2,734) $ 998 $ (19,386)
========= ========= ========= =========

Basic and diluted core net
loss per share (3) $ 0.00 $ (0.02) $ 0.00 $ (0.13)
========= ========= ========= =========

Shares used in computing
core net income/(loss)
per share:
Basic 231,792 162,948 205,885 150,912
Diluted 263,297 162,948 242,529 150,912

[Crestfallen]

Aha! Hab mich schon gewundert, warum meine Iwov heute so runtergehen.

Offenbar mal wieder ein Fall von Sippenhaft!

Es scheint, IWOV geht runter, weil sie VIGN die Kunden wegschnappen.

Also ich kauf jetzt noch ein paar IWOV nach!








Crestfallen.