BroadVision meldet -0,19 cent verlust je Aktie ! (Ergebnis geht so !!! ) - 500 Beiträge pro Seite

[kimble01]

@all

BroadVision, Inc. Reports Results for Second Quarter 2001; Company Announces Additional Workforce Reduction and Facility Consolidation

REDWOOD CITY, Calif.--(BUSINESS WIRE)--July 25, 2001--BroadVision, Inc. (Nasdaq:BVSN), a leading provider of personalized e-business applications, today reported financial results for the quarter ended June 30, 2001.

Revenues for the second quarter ended June 30, 2001 were $57.4 million compared to revenues of $95.3 million for the quarter ended June 30, 2000. Pro forma net loss for the quarter ended June 30, 2001, which excludes amortization of goodwill and acquired technology, the charge for acquired in-process technology and restructuring costs, was $53.1 million, or $0.19 per share on a basic and diluted basis versus pro forma net income of $10.6 million, or $0.04 per share, on a diluted basis compared to the same period a year ago.

For the six-month period ended June 30, 2001, revenues were $148.6 million compared to revenues of $156.8 million for the six-month period ended June 30, 2000. Pro forma net loss for the six-month period ended June 30, 2001 was $91.9 million, or $0.34 per share on a basic and diluted basis, versus pro forma net income of $20.7 million, or $0.07 on a diluted basis compared to the same period a year ago.

"The continued economic uncertainty surrounding the economic and IT spending environment significantly affected our license revenue during the quarter. As a result of these conditions, we are taking further steps to control costs, including an additional workforce reduction of approximately 15-20% of the company`s workforce of approximately 1,500 at June 30, 2001. We anticipate that these reductions, combined with the consolidation of various offices and other cost control programs, will be completed during the third quarter. We remain cautious about the near term and therefore will continue to focus our attention on reducing expenses as we look to regain profitability as quickly as possible," commented Dr. Pehong Chen, BroadVision`s president and CEO. "Although the overall business climate remains cloudy, customers still continue to express great interest in our products. We are pleased with the customer response to our version 6.0 product release, as we have now shipped BroadVision One-To-One Enterprise 6.0 to more than 270 customers and partners. Customers live on 6.0 include The Home Depot, Sam`s Club, Shop at Home, TSMC and Xilinx, with additional customers migrating to 6.0 such as GE Supply, ABN AMRO, UMC and Pitney Bowes. With a strong customer base, highly competitive technology and a solid balance sheet, we are confident that we will emerge from the current environment with a solid foundation for future growth."

Additionally, for the quarter ended June 30, 2001, the company recorded a previously announced restructuring charge for severance costs due to recent reductions in force, the consolidation and re-alignment of real estate and other restructuring-related costs of approximately $123 million. The real estate assumptions underlying this charge will be reviewed on a quarterly basis in accordance with generally accepted accounting principles and adjustments, if needed, will be made accordingly. Also, the company expects to incur a restructuring charge in the third quarter, substantially below the amount recorded in the second quarter, related to severance costs associated with the workforce reduction and consolidation of certain minor international facilities.

New Products and Services


This past quarter, BroadVision introduced new versions of a number of its personalized, self-service e-business applications. The new versions of these products -- including BroadVision Business Commerce(TM) 6.0, BroadVision InfoExchange Portal(TM) 6.0, BroadVision MarketMaker(TM) 6.0 and BroadVision Retail Commerce(TM) 6.0 -- take advantage of the J2EE(TM) technology features and performance enhancements of BroadVision`s latest e-business application platform, BroadVision One-To-One (R) Enterprise 6.0. The company also announced the availability of One-To-One Enterprise 6.0 for Microsoft Windows 2000 platforms.

During the quarter, BroadVision also introduced its new Solution Value Proposition service, designed to help organizations quantify the potential return on their strategic e-business initiatives.

Partnerships and Strategic Alliances


This past quarter, BroadVision announced a number of strategic agreements with technology, services and solutions providers. Of particular note, BroadVision announced support for a number of leading, J2EE-based application servers, adding to the existing interoperability between BroadVision One-To-One Enterprise 6.0 and BEA WebLogic Server:

-- Sun Microsystems: BroadVision became a licensee of Sun`s
Java(TM) 2 Platform, Enterprise Edition (J2EE(TM)), joined the
Sun Vendor Integrations Program and achieved SunTone(TM)
certification for BroadVision One-To-One Enterprise. The
company also announced plans to ensure interoperability
between BroadVision One-To-One Enterprise 6.0 and the
iPlanet(TM) Application Server.

-- IBM: BroadVision announced an expanded alliance with IBM,
which includes integration of IBM`s WebSphere Application
Server and J2EE-based WebSphere MQ with BroadVision One-To-One
Enterprise 6.0.

-- HP: BroadVision announced that BroadVision One-To-One
Enterprise 6.0 is fully interoperable with HP`s J2EE-certified
HP Bluestone Total e-server version 7.3.

New Customers


BroadVision signed 36 new customers during the quarter bringing the total number of customers to more than 1250 accounts. New customers include Bristol-Myers Squibb, City of Chicago, Schneider Electronics and Owens Corning. Significant repeat business was generated by a variety of BroadVision customers including BT (British Telecom), Lloyds TSB, Pitney Bowes, R.R. Donnelley, Toshiba America, and Xerox. In addition, 53 new BroadVision-powered sites went live during the quarter.

Conference Call


Broadvision will hold a conference call to discuss this press release and related matters at 2:00 pm Pacific Time, July 25, 2001. 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 7 days on the company`s website.

Information Concerning Forward-Looking Statements


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; general economic conditions 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 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 1,250 customers. IDC ranks BroadVision as the world`s leading provider of e-commerce sales and marketing applications (International Data Corp., E-Commerce Software Applications Market Forecast and Analysis, 2000-2005). BroadVision is headquartered in Redwood City, California and can be reached at 650.261.5100 or [e-mail].

BroadVision, BroadVision One-To-One, BroadVision One-To-One Enterprise, BroadVision Retail Commerce, BroadVision Business Commerce, BroadVision MarketMaker, and BroadVision InfoExchange Portal 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)

June 30, December 31,
2001 2000
---------------------------
(unaudited)
ASSETS

Current assets:
Cash and cash equivalents $ 137,641 $ 153,137
Short-term investments 48,465 69,397
Accounts receivable, less
reserves of $6,312 and $4,015
for 2001 and 2000, respectively 55,810 104,811
Prepaids and other 22,714 17,417
----------- -----------
Total current assets 264,630 344,762

Property and equipment, net 85,713 76,685
Deferred tax asset 5,579 5,579
Long-term investments 53,138 78,769
Equity investments 11,221 23,786
Goodwill and other intangibles 476,951 607,501
Other assets 6,151 5,942
----------- -----------
Total assets $ 903,383 $ 1,143,024
=========== ===========

LIABILITIES AND STOCKHOLDERS` EQUITY

Current liabilities:
Accounts payable $ 20,454 $ 15,711
Accrued expenses 77,313 53,676
Unearned revenue 29,564 16,330
Deferred maintenance 35,001 42,237
Current portion of
long-term debt 977 977
----------- -----------
Total current liabilities 163,309 128,931

Long-term debt, net of
current portion 3,410 3,897
Other noncurrent liabilities 52,351 898
----------- -----------
Total liabilities 219,070 133,726

Stockholders` equity:
Common stock 28 27
Additional paid-in capital 1,202,828 1,176,042
Accumulated other comprehensive
loss, net of tax (8,133) (4,348)
Accumulated deficit (510,410) (162,423)
----------- -----------
Total stockholders` equity 684,313 1,009,298
----------- -----------
Total liabilities and
stockholders` equity $ 903,383 $ 1,143,024
=========== ===========


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

Three Months Ended Six Months Ended
June 30, June 30,
--------------------- ---------------------
2001 2000 2001 2000
-------- --------- --------- ---------
Revenues:
Software licenses $ 21,029 $ 56,848 $ 64,169 $ 97,562
Services 36,416 38,496 84,395 59,283
--------- --------- --------- ---------
Total revenues 57,445 95,344 148,564 156,845

Cost of revenues:
Cost of software
licenses 2,655 1,563 4,895 3,626
Cost of services 30,005 30,282 67,373 45,956
-------- --------- --------- ---------
Total cost of
revenues 32,660 31,845 72,268 49,582
--------- --------- --------- ---------

Gross profit 24,785 63,499 76,296 107,263

Operating expenses:
Research and
development 20,616 9,706 47,587 15,465
Sales and marketing 41,766 33,570 94,247 58,770
General and
administrative 14,268 6,786 24,858 10,344
Goodwill and
intangible amortization 66,297 55,351 132,577 55,404
Charge for acquired
in-process technology -- 10,100 -- 10,100
--------- --------- --------- ---------
Total operating
expenses 142,947 115,513 299,269 150,083
--------- --------- --------- ---------
Operating loss (118,162) (52,014) (222,973) (42,820)

Other income
(expense), net (876) 3,940 (379) 11,187
Restructuring charge (123,473) -- (123,473) --
--------- --------- --------- ---------
Loss before provision
for income taxes (242,511) (48,074) (346,825) (31,633)

Provision for
income taxes 331 6,797 1,162 13,204
--------- --------- --------- ---------
Net loss $(242,842) $(54,871) $(347,987) $(44,837)
========= ========= ========= =========


Basic loss per share $ (0.89) $ (0.21) $ (1.28) $ (0.18)
========= ========= ========= =========

Diluted loss per share $ (0.89) $ (0.21) $ (1.28) $ (0.18)
========= ========= ========= =========

Shares used in computing:
Basic (loss) earnings
per share 273,426 258,935 272,205 252,288
========= ========= ========= =========

Diluted (loss)
earnings per share 273,426 258,935 272,205 252,288
========= ========= ========= =========

Pro forma
net (loss) income (a) $(53,072) $ 10,580 $(91,937) $ 20,667
========= ========= ========= =========

Basic (loss) earnings
per share $ (0.19) $ 0.04 $ (0.34) $ 0.08
========= ========= ========= =========

Diluted (loss) earnings
per share $ (0.19) $ 0.04 $ (0.34) $ 0.07
========= ========= ========= =========

(a) Pro forma net (loss) income/EPS excludes amortization of
goodwill and acquired technology, the charge for acquired in-process
technology and restructuring charges. Goodwill amortization was
$63,888 and $53,343 for the three months ended June 30, 2001 and 2000,
respectively. Acquired technology amortization was $2,409 and $2,008
for the three months ended June 30, 2001 and 2000, respectively.
Goodwill amortization was $127,759 and $53,396 for the six months
ended June 30, 2001 and 2000, respectively. Acquired technology
amortization was $4,818 and $2,008 for the six months ended June 30,
2001 and 2000, respectively. The charge for acquired in-process
technology was $0 for the three and six months ended June 30, 2001 and
$10,100 for the three and six months ended June 30, 2000.
Restructuring charges were $123,473 for the three and six months ended
June 30, 2001 and $0 for the three and six months ended June 30, 2000.
Shares used for the pro forma diluted earnings per share calculations
are 295,371 and 290,906 for the three and six months ended June 30,
2000, respectively.


by
kim

[kimble01]

@all

Wir US-Amerikaner wollen BraodVision wohl nicht mehr Handeln die Aktie wird nachbörslich nicht mal volle getradet sondern ganz normal nachbörlsich ein paar Order das ist nicht zu fassen keine veränderung nur 0,4% das sind ja so richige Schlafmützen dort. Morgen sollte es aber raufgehen da die Umstrukurierung angeboten wurde.

by
kim

[hsvhsv]

schnauze du schlafsack, geh mal zu big diet, die interessiert deingefasel vielleicht. denen wird dann nämlich schlecht, sie koennen kotzen und nehmen ab

havhav

ps ich glaube du bist fc bayern anhaenger

[Eisbaeren]

Hey mal langsam, ich bin auch Fan von der besten Mannschaft Europas. Kann ich was dafür, daß Du Eintracht Anhänger bist?

[kimble01]

@hsvhsv

schieß lieber deinen HSV in den Himmel und denk doch mal an BroadVision so naiv hier.

Mir macht die schwache Nachbörlsich Bewegung mehr aus als der scheiss Fußball.

BraodVision ist im endtefeckt nicht so schlecht, Umstrukuriereung, Gewinnrückgang bereits durch die Warnung eingepreisst. 32 Neue Kunden gewonnen in diesem Quartal über 1250 Kunden hat Braod zur Zeit. Zusammenarbeit mit Intel, Sun und vielen anderen läuft auch.

Mir geht der Walmat Deal in dieser Meldung ab.

Die Bilanz der Tochtergesellschaften ist auch nicht so schlecht.

Also vielleicht haben wir ja jetzt das tiefste überstanden.

Obwohl ich eingentlich mehr erwartet habe.

by
kim

[kimble01]

@all

last 3,02$ keiner kauft bzw. verkauft mehr die spinnen.

by
kim

[ToSilb]

momentan kann man sogar den gemeldeten zahlen nicht vertrauen - siehe SAP
war glaube ich erst im jänner als BVSN einige tage später korrigieren mußte
man hatte glaube ich 4 Mill. miese "übersehen" gehabt :-))

Grüße

[fsch]

@kimble01,

jemand hofft morgen noch an die Deutschen möglichst teuer verkaufen zu können, bevor die Kurse in den USA gemacht werden...

Grüße, fs

[kimble01]

@fsch

was ich glaube ich hör da nicht richig du willst zu diesem Kurs verkaufen. Ich kann dazu nur sagen kein guter Börsianer jetzt sind die Einstiegskurse entgültig erreicht.

by
kim

[budfox2k]

Now, for the second quarter, Miss Piggy is actually losing money on a cash basis. Longs need to seriously consider the future. Meeting the criteria for the S&P 500 is going to be a serious problem. Three criteria are trouble:

1. 4 consecutive quarters of net profits

2. Market cap. Right now, BVSN couldn`t get into the S&P MidCap 400 whose market cap range is from $1 to $5B. Generally, for the S&P 500, the market cap is over $4B. The average is over $26B. Today, BVSN is barely over $800M.

3. Sector Representation. Companies in the S&P500 whose stock prices are $5.00 or below meet the definition of lack of representation.

While it doesn`t happen often (companies typically leave the index due to corporate action ie mergers or acquisitions or liquidation) just picture yourself holding When BVSN is kicked from the index and all those index funds start to sell. There is no end to the hellish freefall that you will experience.

[fsch]

@kimble01,

dann leg` eine Kauforder rein. Meine Aktien gibt`s morgen früh kurz nach 9:00 Uhr in Frankfurt. Zum ersten Kurs.

Grüße, fs

[Seekuh]

@ kimble:

Post in Deinem W:O-Kasten,

Gruß,

Seekuh.

[kimble01]

@budfox2k

Broad kann gar nicht gekickt werden du hast da aber schache Gründe angegenb wo beziehst du die Infos die stimmen nämlich nicht.

@fsch

ich werde morgen groß reingehen wir werden sehen wer recht hat.

by
kim

[budfox2k]

According to Thomson Investors, BVSN had $134.6 mil cash and $86.5 million receivables on 3/1/01. Assume that BVSN has been able to collect all receivables (no cancallations), then BVSN started the reported quarter 3/1/01 - 5/31/01 with about $220 million cash. This quarter`s loss is about $242.8 millions. If the simple math works, BVSN is in a negative cash position and cash flow.
Did the company address this issue on the conference call?
To me, it is a pretty risk play unless BVSN can secure further finance.

@kimble01
Jetzt laß mich halt ein wenig bashen

Ich will das Teil zu 2,8€ haben.

[budfox2k]

Ich meinte 2,8$.

[SirLarryWildmann]

@budfox2k
Du wirst die 2,8 schneller sehen als du denkst.

After Hours Change
Symbol LastTrade Change Bid Ask
BVSN 6:23 PM 2.95 -0.28 -8.67% -0.18 -5.75% 2.91 2.98

[Tradingfee]

Hier die dt. Übersetzung
Mittwoch, 25.07.2001, 23:06
Ad hoc: BroadVision Inc.
Ad-hoc-Mitteilung übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

REDWOOD CITY, Kalifornien - 25 Juli, 2001 - BroadVision, Inc. (Nasdaq: BVSN, Neuer Markt: BDN) , einer der führenden Anbieter für personalisierte eBusiness-Anwendungen, gab heute die Ergebnisse für das am 30. Juni 2001 abgeschlossene Quartal bekannt.

Q2-01 Q2-00 Q1-01
(ungeprüft) (ungeprüft)
Umsatzerlöse $57,4 Mio. $95,3 Mio. $91,1 Mio.
Nettoergebnis (Verlust)* ($53,1 Mio.) $10,6 Mio. ($38,9 Mio.)
Verwässertes Ergebnis
(Verlust) pro Aktie ($0,19) $0,04 ($0,14)
*ohne Berücksichtigung der Abschreibung auf den Firmenwert und für erworbene Technologien sowie ohne die Belastung für erworbene Zwischentechnologien und Umstrukturierungskosten - Für das am 30. Juni 2001 abgeschlossene 1. Halbjahr betrugen die Umsatzerlöse 148,6 Mio. US-$ (156,8 US-$ im 1. Halbjahr 2000). Das Nettoergebnis (Verlust, pro Forma) für das 1. Halbjahr 2001 belief sich auf 91,9 Mio. $ bzw. 0,34 $ je Aktie (verwässert), gegenüber einem Nettogewinn (pro Forma) in Höhe von 20,7 Mio.-$ bzw. 0,07 $ je Aktie (verwässert) für 2000.- Aufgrund weiter andauernder Zurückhaltung bei IT-Investitionen ergreift die Gesellschaft weitere Maßnahmen zur Kosteneindämmung, u.a. eine zusätzliche Personalreduzierung um 15% bis 20% der Belegschaft (derzeit 1500 zum 30.6. 2001). Die Reduzierung in Verbindung mit der Zusammenlegung mehrerer Büros sowie weiterer Kostenkontrollprogramme wird im Laufe des 3. Quartals abgeschlossen sein. Weiterhin verzeichnete das Unternehmen für das am 30.06.2001 endende Quartal bereits angekündigte Restrukturierungskosten und Abfindungszahlungen in Höhe von ca. US-$ 123 Mio. aufgrund der kürzlich erfolgten Mitarbeiterreduzierung, der Zusammenlegung und Neuordnung von Niederlassungen sowie anderer mit der Umstrukturierung verbundener Kosten.

Die auf die Immobilienwerte bezogenen Annahmen werden auf quartalsweiser Grundlage unter Berücksichtigung der geltenden Bilanzierungsregeln nach US-GAAP überprüft und gegebenenfalls angepasst werden. Zudem erwartet das Unternehmen eine weitere Restrukturierungsbelastung für das 3.Quartal, die aber wesentlich unter dem Betrag des 2. Quartals liegt und sich aus Abfindungs- und Restrukturierungskosten im Zusammenhang mit Personalabbau und Zusammenlegung kleinerer internationaler Niederlassungen bezieht.

Ende der Ad-hoc-Mitteilung © DGAP 25.07.2001

WKN: 901599

[TheCooolman]

Bei 0,5 E gehört der Laden mir.
Einige habenvor dem Gang an das Parkett
den Verstand an der Garderobe abgegeben.

[kimble01]

@The Cooolman

bevor du kaufst kauf ich BoradVision. bei ca. 0,9€ kaufe ich vor dir.

Für so ne gute Firma kann man schon noch oben bieten.

Also "strog buy"

by
kim