Vignette Corporation Announces First Quarter Results - 500 Beiträge pro Seite

[TonyY]

AUSTIN, Texas--(BUSINESS WIRE)--April 26, 2001--Vignette Corporation (Nasdaq:VIGN - news), the leading supplier of customer-driven Internet applications, today announced financial results for the first quarter of 2001.

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VIGNETTE CORPORATION
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Quarter Ended 3/31/01
---------------------------------- -----------------------------------
Total Revenue $ 90.1 million
---------------------------------- -----------------------------------
Core Operating Loss $ (8.1) million
---------------------------------- -----------------------------------
Core EPS $ (0.01)
---------------------------------- -----------------------------------

Total revenue for the first quarter was $90.1 million, representing 63% growth over the first quarter of 2000.
Core operating loss, excluding non-recurring charges, was ($8.1) million.
Core EPS, excluding non-recurring charges, was ($0.01) per share, which is in line with company guidance and consensus financial analyst expectations.
Non-recurring charges in the first quarter of 2001 include the restructuring charge for cost-reduction efforts that the Company announced in January as well as the impact of equity investment write-downs and the write-off of certain receivables resulting from the current economic environment.

``We end the first quarter with more license revenue, more customers and more live sites than any other company in our sector,`` said Greg Peters, chairman and CEO of Vignette. ``Because we identified the changing economic climate early and took steps in January to lower our cost structure, we were able to manage our business and our operational costs appropriately during the quarter. We end the first quarter with $419 million in cash, and we are extremely well-positioned to extend our leadership position in the market for customer-driven Internet applications.``

Customers

During the first quarter, Vignette added as new customers leading companies such as American Airlines, Cingular Interactive, Caja Madrid, Comerica Bank, Lexmark Asia, Nokia Europe and Prudential Insurance. Existing customers that made significant follow-on purchases during the quarter included Advanced Micro Devices, Avnet, Axel Springer Verlag, Barclays, British Telecom, Caterpillar, Fidelity, Hewlett Packard, Manulife, Met Life and Ziff Davis.

Products

Vignette continued to execute on its customer-driven product strategy during the quarter and met a number of important product milestones. The Company shipped the first J2EE offering in its space, becoming the first company to support the two dominant web application development environments -- Sun Microsystems` Java platform and Microsoft`s Windows DNA platform.

Also in the first quarter, Vignette completed development and shipped its first packaged applications -- the Merchant Suite and the Financial Advisor Suite. These applications will be showcased at Vignette`s upcoming user event, Vignette Village, to be held in late May.

Partners

During the first quarter, Vignette announced the creation of a strategic global alliance with BEA Systems. Under the terms of the agreement, Vignette and BEA will continue to integrate their technologies and ensure that Vignette`s Internet applications are interoperable with BEA`s WebLogic E-Business platform. The companies will engage in joint sales calls and joint marketing and demand generation activities around their integrated solutions, and together they will create training programs for their respective systems integration and implementation partners.

Vignette also continued to expand its relationships with IBM Global Services, Accenture, PricewaterhouseCoopers and Sapient during the first quarter. Joint deals with these systems integration partners included American Airlines, Barclays, Mony Life Insurance, Hewlett Packard, Prudential and Verizon.

Executive Management

Vignette continued to add to its world-class management team in the first quarter. Thomas E. Hogan joined as the Company`s President and Chief Operating Officer, assuming responsibility for worldwide operations including sales, marketing, support, services and product development. Hogan joined Vignette from Siebel Systems Inc., where he was Senior Vice President of Worldwide Sales and Operations. Dan J. Lautenbach was appointed Senior Vice President of Global Sales and Operations. Lautenbach joined Vignette from IBM Corp., where he served as Vice President of Worldwide Software Sales. Michael W. Hall has joined the company as Vice President of Marketing. Hall is responsible for worldwide corporate and field marketing, advertising and public relations. Hall joins Vignette from Novell Inc., where his most recent position was Vice President of Marketing for Europe, the Middle East and Africa.

``Vignette has more world-class customers, partners and products than its competitors,`` said Tom Hogan, president and COO of Vignette. ``The Company`s content, integration and analysis technology are embraced by the leading companies around the world and we will continue to leverage these strengths to ensure our leadership in this marketplace.``

Vignette`s first quarter financial results will be discussed Thursday, April 26, 2001 at 5 PM ET. Dial in information is as follows:

Domestic: 888/423-3280 International: 612/288-0340 Confirmation: 583634

A replay of the call will be available from April 26, 2001 at 8 PM ET to April 28, 2001 at 12 AM ET. Replay information is as follows:

Domestic: 800/475-6701 International: 320/365-3844 Access Code: 583634

About Vignette Corporation

Vignette Corp. (Nasdaq:VIGN - news) is the leading provider of customer-driven Internet applications used by the most demanding and successful organizations in the world. Vignette`s products allow businesses to create and extend relationships with prospects and customers, and to facilitate high-volume transaction exchanges with suppliers and partners, all of which enhances customer satisfaction. Headquartered in Austin, Texas, Vignette has offices located throughout the Americas, Europe, Asia and in Australia and can be found on the Web 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, general economic conditions 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-K for the year ended Dec. 31, 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 Corporation in the United States and foreign countries. All other names and terms in this release are trademarks or registered trademarks of their respective companies.

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

Quarter Ended March 31,
----------------------------------
2001 2000
---------------- ----------------
(Unaudited)
Revenue:
Product license $ 48,004 $ 29,148
Services 42,122 26,081
---------------- ----------------
Total revenue 90,126 55,229

Cost of revenue:
Product license 1,477 1,361
Services (1) 25,345 19,689
---------------- ----------------
Total cost of revenue 26,822 21,050
---------------- ----------------

Gross profit 63,304 34,179

Operating expenses:
Research and development 18,988 7,534
Sales and marketing (1) 44,528 27,072
General and administrative 7,935 4,890
---------------- ----------------
Total operating expenses 71,451 39,496
---------------- ----------------

Core loss from operations (1)(2) (8,147) (5,317)

Other income, net (1) 5,291 6,037
---------------- ----------------
Core net income (loss) before income
taxes (1)(2) (2,856) 720

Provision for income taxes 200 288
---------------- ----------------
Core net income (loss) (1)(3) (3,056) 432
================ ================
Basic and diluted core net income
(loss), excluding economic items,
per share $ (0.01) $ 0.00
================ ================
Shares used in computing core net
income (loss) per share:
Basic 236,559 178,725
Diluted 236,559 221,605

Supplemental Data (1)(2)(3):

(1) For the quarter ended March 31, 2001, excludes a $45.9 million
charge resulting from economic items. Of this, $8.1 million is
related to bad debt charges, which are allocated between Cost of
revenue -- Services ($2.4 million) and Operating expenses -- Sales
and marketing ($5.7 million). The remaining $37.8 million is
related to write-downs of certain equity investments.

(2) Core loss from operations excludes other income, charges for
amortization of deferred stock compensation, amortization of
intangibles, business restructuring charges, purchased in-process
research and development, acquisition-related, and other charges.

(3) Core net income (loss) excludes charges for amortization of
deferred stock compensation, amortization of intangibles, business
restructuring charges, purchased in-process research and
development, acquisition-related, and other charges. Assumes an
effective tax rate of 40%.

VIGNETTE CORPORATION
CONSOLIDATED BALANCE SHEETS
(In thousands)


March 31, December 31,
2001 2000
---------------- ----------------
(Unaudited)
ASSETS
Current assets:
Cash, cash equivalents and
short-term investments $ 419,443 $ 447,833
Accounts receivable, net 72,151 99,485
Prepaid expenses and other 7,004 8,172
---------------- ----------------

Total current assets 498,598 555,490

Property and equipment, net 57,633 57,463

Investments 33,079 84,295
Intangibles, net 1,354,131 1,489,040
Other assets 3,958 4,666
---------------- ----------------

Total assets $ 1,947,399 $ 2,190,954
================ ================

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable and accrued
expenses $ 82,511 $ 90,293
Deferred revenue 59,809 65,591
Current portion of capital lease
obligation 729 751
Other current liabilities 8,017 9,024
---------------- ----------------

Total current liabilities 151,066 165,659

Capital lease obligation, less
current portion 620 782
---------------- ----------------
Total liabilities 151,686 166,441

Stockholders` equity 1,795,713 2,024,513
---------------- ----------------
Total liabilities and
stockholders` equity $ 1,947,399 $ 2,190,954
================ ================

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

Quarter Ended March 31,
----------------------------------
2001 2000
---------------- ----------------
(Unaudited)
Revenue:
Product license $ 48,004 $ 29,148
Services 42,122 26,081
---------------- ----------------
Total revenue 90,126 55,229

Cost of revenue:
Product license 1,477 1,361
Services 27,800 19,689
---------------- ----------------
Total cost of revenue 29,277 21,050
---------------- ----------------
Gross profit 60,849 34,179

Operating expenses:
Research and development 18,988 7,534
Sales and marketing 50,226 27,072
General and administrative 7,935 4,890
Purchased in-process research and
development, acquisition-related,
and other charges 678 56,475
Business restructuring charges 49,122 --
Amortization of deferred stock
compensation 4,097 1,681
Amortization of intangibles 126,865 26,081
---------------- ----------------
Total operating expenses 257,911 123,733
---------------- ----------------

Loss from operations (197,062) (89,554)

Other income (expense), net (32,500) 6,037
---------------- ----------------

Loss before income taxes (229,562) (83,517)

Provision for income taxes 200 --
---------------- ----------------

Net loss $ (229,762) $ (83,517)
================ ================

Basic and diluted net loss per
share $ (0.97) $ (0.47)
================ ================
Shares used in computing basic and
diluted net loss per share 236,559 178,725

[TonyY]

... bei Island gehts gerade runter..

[roger11]

hi, Tony,

kannst Du mir sagen, welche Region in Amiland der Island repräsentiert?

Nachbörslich ging´s ja eigentlich rauf.
Wie schätzt Du Vignette für morgen ein?

Gruß

Roger

[TonyY]

welche Region ?? Wie ist das gemeint ?

Einige Leute hatten wohl auf +-0 gehofft, da werden morgen noch einige raus .
Denke mal, VIGN wird sich dann mit dem Markt bewegen. Zahlen entsprachen ja genau den Erwartungen. Grosses Abwaertspotential gibts in meinen Augen jedenfalls nicht mehr, aber outperformen werden die wohl auch nicht.

[TonyY]

Jetzt wirds aber langsam uebel bei Island, nur noch 6 $

[Lanzelotte]

Da stabilisiert es sich jetzt aber.

last 6,10$

[TonyY]

In den Yahoo-Boards wird darueber spekuliert, dass sich morgen shorties eindecken koennten .. mal abwarten.

[klingelchen]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[Lanzelotte]

ISLAND REAL TIME STATISTICS FOR VIGN
STATISTICS FOR VIGN
Name
Vignette Corporation - Common Stock
Market
NM
Last Executed Price
6.3000
Previous Closing Price
6 3/4
Net Change
-0.4500
Percent Change
-6.67%
Shares Matched
147,331
Shares Booked
968,382
Orders Booked
1,440
Net Change After Hours
-0.5700
Percent Change After Hours
-8.30%
Shares Matched After Hours
17,968
Shares Booked After Hours
116,761
Orders Booked After Hours
192
Last Trade Time
18:28:48.40
Last Order Time
18:28:33.98
Open Orders
94
LAST 20 ISLAND TRADES FOR VIGN
1. 18:28:48.40: 40 at 6.3000
2. 18:26:26.14: 40 at 6.5000
3. 18:26:25.92: 40 at 6.5000
4. 18:26:25.63: 100 at 6.5000
5. 18:21:39.45:1000 at 6.4900
6. 18:17:56.89: 200 at 6.2100
7. 18:17:28.07: 185 at 6.3000
8. 18:17:24.65: 815 at 6.3000
9. 18:08:58.08: 635 at 6.1000
10. 18:08:57.90: 750 at 6.0500
11. 18:04:14.76:1284 at 6.0000
12. 18:04:14.76: 95 at 6.0000
13. 18:02:10.09: 500 at 6.0000
14. 18:02:06.95:1000 at 6.0100
15. 18:01:10.37: 100 at 6.0500
16. 17:59:04.91: 500 at 6.0000
17. 17:58:36.84: 500 at 6.0000
18. 17:58:01.91: 405 at 6.0000
19. 17:58:01.91: 100 at 6.0000
20. 17:58:01.91: 195 at 6.0000

http://toplist.island.com/toplist/stock.jsp?stock=vign&frc=o…