Hier sind die Zahlen von Avantgo! Wieder mal eine grosse positive Überraschung!mt - 500 Beiträge pro Seite

[AndererKostolany]

AvantGo Reports Fourth Quarter and Fiscal Year 2001 Financial Results; Company Restates Third Quarter Results To Exclude $1.0 Million Revenue Under a Reseller Contract
Jump to first matched term
HAYWARD, Calif.--(BUSINESS WIRE)--Jan. 22, 2002--AvantGo, Inc. (Nasdaq:AVGO), the leading provider of mobile enterprise software, today reported financial results for the fourth quarter and year ended December 31, 2001.
The Company posted fourth quarter 2001 revenues of $5.3 million and a proforma net loss of $4.7 million, or $0.14 per share, compared with proforma net losses of $8.2 million, or $0.25 per share, in the third quarter of 2001 and $10.6 million, or $0.35 per share in the fourth quarter of 2000. Revenues for the year ended December 31, 2001 were $24.0 million, a 47% increase from $16.3 million reported for 2000. Proforma net loss for 2001 was $29.9 million, or $0.91 per share, compared with a proforma net loss of $32.7 million, or $1.40 per share, in 2000. Aggregate pro-forma charges excluded from the fourth quarter of 2001, the third quarter of 2001, the fourth quarter of 2000, the full year of 2001 and the full year of 2000 were $3.5 million, $13.0 million, $4.6 million, $26.3 million and $17.2 million, respectively, all as more fully described below.

The Company sequentially reduced operating expenses by 25%, from $12.2 million in the third quarter of 2001 to $9.2 million in the fourth quarter 2001, both excluding pro-forma charges. In addition, cash burn was reduced for the fifth consecutive quarter to $7.0 million from $7.4 million in the previous quarter. At December 31, 2001, the Company had $43.1 million of cash and cash equivalents. The Company`s goal is to maintain cash balances sufficient to cover at least six quarters of future operations.

Actual net loss for the fourth quarter of 2001, which includes amortization of goodwill, intangible assets and deferred compensation and other acquisition-related costs of $1.0 million, restructuring and other impairment charges related to the disposal of excess office space of $1.7 million and employee termination costs of $0.8 million, was $8.2 million, or $0.24 per share. Actual net loss for the third quarter of 2001, which includes amortization of goodwill, intangible assets and deferred compensation and other acquisition-related costs of $1.2 million, write-off of core technology of $2.0 million, and restructuring and other impairment charges related to the disposal of excess office space of $1.2 million, employee termination costs of $0.6 million, and the write-off of goodwill of $8.0 million, was $21.2 million, or $0.63 per share in the third quarter of 2001. Actual net loss for the fourth quarter of 2000, which includes amortization of goodwill, intangible assets and deferred compensation and other acquisition-related costs of $4.6 million, was $15.2 million, or $0.50 per share. Actual net loss for 2001, which includes amortization of goodwill, intangible assets and deferred compensation and other acquisition-related costs of $9.2 million, the write-off of core technology of $2.0 million, and restructuring and other impairment charges related to the disposal of excess office space of $5.4 million, employee termination costs of $1.7 million, and the write-off of goodwill of $8.0 million, was $56.2 million, or $1.71 per share compared with a loss of $49.8 million, or $2.13 per share, in 2000, which included amortization of goodwill, intangible assets and deferred compensation and other acquisition-related costs of $16.6 million and in-process research and development charges of $0.6 million.

"Our fourth quarter financial results were within our range of expectations, and we are particularly pleased with our expense and cash management," commented Richard Owen, AvantGo`s chief executive officer. "In 2001, we focused on adjusting our business model to current economic conditions and successfully improved our cost structure while balancing our long-term product development efforts. As we enter 2002, our size and cost base are where we want them to be and we are investing heavily in applications that we expect to energize our growth. As the leader in mobile enterprise software with 28 of the Fortune 100 and 2500 companies in 50 countries deploying AvantGo solutions, we remain optimistic about the long-term market opportunity for mobile applications, although cautious in the short-term."

Company Restates Third Quarter 2001 Results

The Company announced it is reducing revenue and net income for the third quarter of 2001 by $1.0 million. The restatement relates to amounts under a single contract with a reseller, for ultimate sale to a federal government agency, which amount the Company has subsequently determined should not have been recognized as revenue in the third quarter. The matter and related internal controls and procedures have been investigated under the supervision of the Audit Committee of the Board of Directors. The Company is filing a Form 10QA with the Securities & Exchange Commission, which contains the restated financial statements for the third quarter of 2001.

Mobile Enterprise Software Provider Extends Marketplace Leadership

More than 20 major organizations, such as Raytheon, Reuters, GE Capital, Niagara Mohawk Power Corporation, Illinois Power and the National Institute of Health, purchased AvantGo mobile business solutions in the fourth quarter to mobilize applications for their employees and customers.

AvantGo`s mobile applications continue to be well received in the marketplace. Its AvantGo Mobile Sales(TM) application, which debuted in July 2001, has performed well against its primary competition, Siebel Handheld, earning new business at Fortune 1000 companies including Baxter Healthcare and Nationwide Insurance. In addition, customers are recognizing the value of AvantGo`s second packaged application, AvantGo Mobile Delivery(TM), which has enabled McKesson Corporation to realize substantial cost savings and productivity gains. By streamlining existing delivery processes, McKesson has seen significant savings and delivery errors have dropped to zero. Using the mobile application for deliveries, McKesson reports that it has reduced imaging costs by 100 percent, legal claims by 50 percent, order errors by over 50 percent and delivery claims by 30 percent.

The Company`s mobile marketing application -- the AvantGo Mobile Internet Service -- achieved record results during the quarter. The fourth quarter is traditionally a strong quarter for the primarily advertising-supported service, which today has over 4.5 million registered users. New customers in the fourth quarter included Hachette Filipacchi, MasterCard, Audi, Universal Studios and FTD.

With 22% of its enterprise license sales from repeat customers, AvantGo continues to extend its marketplace leadership with customer deployments following successful pilot projects.

AvantGo Investor Call

AvantGo`s fourth quarter and year-end financial results will be discussed on January 22, 2002 at 2:00 p.m. PST/5:00 p.m. EST, and will be available via a live webcast on the Company`s website, under the navigation bar "investor relations," or at www.streetevents.com. A replay also will be available from the Company`s website through February 5, 2002.

[lucardes]

kosto - danke für das einstellen. ich denke man kann hier nix verkehrt machen. strong long oder ?

ciao l.

[Diamantensucher]

Gestern in den USA gut runter. Dann die Zahlen. Nur kauft keiner in Deutschland. Warten man hier auf die Amis oder sind die Zahlen doch nicht so gut?

Sage mir nun keiner das der Kurs in den USA gemacht wird, das ist klar, nur müsste es nach guten Zahlen (weniger Verlust als erwartet) zumindest eine positive Reaktion an den deutschen Börsen geben.

Grüsse

Diamantensucher

[AndererKostolany]

Hier noch mehr Info, falls es eine Hilfe sein sollte!
Beteiligungen und Shareholders!
Da scheint sogar Microsoft beteiligt zu sein!


Top Institutions
As of 23 Jan 2002, 07:18 ET




Name Shrs held now


T. ROWE PRICE ASSOCIATES 550,000



TCW COWEN ASSET MANAGEMENT 515,960



GOLDMAN SACHS & COMPANY 508,517



DRESDNER RCM GBL INVESTORS 485,900



Top Fonds
As of 23 Jan 2002, 07:18 ET

Name held now



DRESDNER RCM SMALL CAPITAL 115,900



VANGUARD TOT STK MKT INDEX 62,119



TCW GALILEO OPPORTUNITY FUND 22,000



DRESDNER RCM GLOBAL SML CAP 16,000



Top Insiders
As of 23 Jan 2002, 07:18 ET

Name held now Relation



UPSON LINUS 1,908,552 D



LIN FELIX 1,760,522 CB



WEINSTEIN RAFAEL 1,724,000



MICROSOFT CORP 1,269,036 B

[AndererKostolany]

Die Quartalszahlen sind schon nicht schlecht, aber die Conference Call kam, denke ich, nicht so toll an!

Es muss bald Geld verdient werden, sonst siehts mau aus!

Conference Call ist abrufbar auf der Homepage avantgo.com!

[AndererKostolany]

Der "deutsche" Kurs orientiert sich erst mal an der Nachbörse.
In der Nachbörse stieg gestern der Kurs dann auch in der Spitze auf 1.95 Dollar, danach aber wieder runter auf 1.75!

Ich rechne nicht mit grossartigen Kursbewegungen!! Leider!

[roger11]

Stimme Kosto zu. Auch "leider" .

[AndererKostolany]

Tolle positive Überraschung,wie????? :-)))))))

Die Aktie hat sich erst mal "schlafen gelegt"....
Kaum Umsätze in den USA !!

[letsdoit]

pipifax-order von kleinst-anlegern machen eine vernünftige kursdarstellung unmöglich und uninteressant für größere investoren.

übrigens wir testen gerade einen seitwärtstrend. untere begrenzung bei 1,55/1,60 us$.
hält dieser haben wir eine gute chance auf 2,0 us$. hält er nicht (sell on good news - haha - wo sind denn die gewinne?),so werden wir richtung 1,20 us$ gehen.

übrigens ziehen die anderen mobile-internet-unternehmen im kurs kräftig an. bestes beispiel: atroad

[costo2001]

tolle storry,

danke für die vielen ausführungen.

sehe den kurs bis märz auf 4,0 us$ steigen,und zum jahresanfang im zuge der mobilen anfangseuphorie 2003 auf 30,0 us$

ich bin dabei und ihr?

[whyso]

@Costo

Wer schon dabei ist ;-ist immer Überzeugt ! M-Bizz steckt in die Kinderschuhe , sowie Wasserstoff alternativ Energie....diese Werte müssen erst entdeckt werden von die big boys dann schwimmt man mit nach oben .

Momentan ist nicht genug Markt-vertrauen vorhanden für "Risky-Money", die Volumina ist entsprechend zu dünn bei AVGO ,aber trotzdem auf den intensiv watchlist.


Gruß,
Whyso

[costo2001]

@whyso

danke für deine gedankenanregung.

sicherlich ist avantgo noch in den bereich venture capital einzuordnen, jedoch kaum mit der phase alternativer energieerzeugung über wasserstoff zu sehen.

kleiner unterschied: avantgo verzeichnet steigende umsatzzahlen und hat seine kosten im letzten quartal in den griff bekommen - sprich drastisch reduziert.

bei alternativer wasserstoffenergie befinden wir uns noch in der versuchsphase, ohne, daß hier richtig umsätze gemacht werden und die forschungskosten (jetzt, um das ganze zu optimieren) scnellen weiterhin in die höhe, ohne daß geld verdient wird.

ich denke, daß das mobile internet im laufe dieses jahres in die köpfe der börsianer vordringt, wenn sie selbst überlegen, sich so ein teil zu kaufen. in deutschland hinken wir da noch etwas hinterher. aber umts will mobilcom bereits im herbst anbieten.

die börse nimmt solche entwicklungen bekanntlichermaßen etwa 9-12 monate vorweg. daher steigen die anderen mobilen internetunternehemn auch bereits drastisch an. avantgo hat vor allem ein problem, daß sie sich pr-mäßig noch nicht richtig bei den investoren in den usa positionieren konnte.

größere anleger steigen erst bei kursen über 5 usd ein, da die aktien dann auch beliehen werden können.

was meinst du dazu?

[whyso]

@ Costo,

Das stimmt zum teil, Ich sag nur AVGO hat schon viele Presse bekommen in die BRD (jetzt schau die letze Nachrichten by Comdirect oder WO an ,da ist die rede von Fehlstart )ich verlaß mich nicht auf solche Quellen & treibe Recherche aber daß macht nicht jeder Investor ,manche lassen ein Wert fallen bei sicht der erste negative Nachricht.

Naja, M-bizz (UMTS )mit Mobilcom oder andere Anbietern ist nur mit "Zu-Teuer" abgestempelt hier in Deutschen Landen, von daher laß die Gesamt Markt sich positiv entwickeln & Venture Kapital wieder beine bekommen dann wird mann AVGO erkennen als super Chance (auch unter die "5" für Fonds ) aber daß alles muß erst eintreffen bevor wir AVGO bei 4$ sehen werden.

I wish you lots of luck,
Whyso

[letsdoit]

was ist los mit avantgo?!

die technischen kaufsignale der technischen indikatoren haben alle ein komplett falsche signale geliefert.

mittlerweile ist die aktie so stark ausverkauft, wie auf dem 0,90 usd niveau und fällt weiter.

die zahlen haben gemäß aussagen von befreundeten analysten auf der kostenseite sehr positiv überrascht, nur daß die pr von avantgo nicht so toll sein soll ist doch kaum ein grund für diesen jähen absturz in den letzten tagen.

gibt es dort infos?

[Datek21]

keinen plan was da Sache ist; ich habe eben gekauft und denke; dass aus derüberverkauften Lage heraus de Wert morgen oder übermorgen nach oben korrigiert. bis 1,65 Dollar wäre nat. nicht schlecht. Denke, dass morgen kein schlechter Tag zum Einstieg ist.Grüße

[whyso]

@ Datek

das stimmt aber bei 1,20-1,40 wäre daß ein guten einsteig ...das messer fällt noch & die Volumina sind dünn ,die Märkte in die USA sind nervöus & wer jetzt ein paar Mark/Euros hat kann zuschlagen, wie kurz nach dem 11 Sept.Aber trotzdem bitte nur ausgewählte Werte !!!

Whyso (wie im Supermarkt )

[whyso]

Hi Freunde,

Tau-Frisch Bericht von 31.Jan ,aber Tendenz fallend,warum ...was ist da los ? Sollte man kaufen ab 0,95 USD laut Chart ?
What do you guys think ?
Gruß,
Whyso

World Economic Forum Deploys AvantGo Solution
Participants at The World Economic Forum Annual Meeting 2002 in New York Use AvantGo Mobile Enterprise Software to Wirelessly Access Information on Compaq iPAQ Pocket PC Devices
HAYWARD, Calif.--(BUSINESS WIRE)--Jan. 31, 2002-- Mobile enterprise software from AvantGo, Inc. (Nasdaq:AVGO - news) is being used today by world leaders attending The World Economic Forum`s Annual Meeting 2002 in New York City. It is the second year in a row that AvantGo has teamed up with The World Economic Forum (WEF) and industry leaders Compaq, Accenture and Microsoft to provide wireless and off-line access to key Annual Meeting information and applications for the top political, business and academic leaders who attend.

Using award-winning mobile enterprise software from AvantGo on Compaq iPAQ Windows Powered Pocket PCs connected to a wireless local area network, the world`s leaders will have access to:

Messaging Services, which allow users to read and send e-mails to participants and outside contacts.
Participants & Organizations, which gives users details about participants and organizations.
Programme and Sign-up, which lets users explore the program and view session details, as well as provides the ability for users to sign up for sessions and receive confirmation.
My Meeting, which enables users to consult their personal agenda for session information, appointments and recommended sessions, as well as vote on issues raised throughout the meeting and provide session feedback.
News & Information, which lets users access useful information about the meeting and the venue floor plan, read daily headlines and access news from the Financial Times, Reuters and the Wall Street Journal, and calls up additional video streaming of session highlights.
The solution dramatically improves the exchange of information to and between participants, resulting in more effective interactions during The Forum, which runs from today through February 4.

Malte Godbersen, director of Knowledge Management for the WEF, commented: ``AvantGo`s technology in conjunction with resources from Accenture, Compaq and Microsoft are invaluable to participants when attending meetings and organizing their discussion session schedules at The Annual Meeting. Their ability to set agendas, communicate with one another and keep up-to-the-minute with developments, not only strengthens relationships among the participants, but ensures that their valuable time is more productive. At such a high-profile event, data communications that link participants to each other and to the event organizers are critical to its smooth running and success.``

AvantGo`s solution, with its ability to support both wireless and off-line connectivity modes, enables mobile users to review and update important data whether or not a wireless connection is available. Seamless transitions between wireless and off-line access mean users can either download data to read off-line or connect wirelessly for the most up-to-date information.

``Organizations today are facing a changed business environment, and the question of how to innovate and increase productivity with limited resources in leaner times is key to business success,`` said AvantGo CEO Richard Owen. ``Mobile access to corporate networked and Internet-based information will be a key technology in these efforts moving forward. At this year`s World Economic Forum, participants will be able to personally experience the benefits of mobile access to information and applications, and take that hands-on experience back to their organizations to automate processes and improve the exchange of information between organizations and their employees, customers and constituents.``

Today, AvantGo`s enterprise software and services are being deployed as an integral part of sales force automation, customer relationship management, knowledge management, logistics and inventory management, messaging and patient care applications at companies throughout the world.

Each year at The World Economic Forum`s Annual Meeting distinguished leaders from business, government, civil society, academia and the media, gather to shape the world`s agenda. Following the events of September 11, the theme for the 2002 meeting, set outside Davos, Switzerland for the first time in 31 years, is ``Leadership in Fragile Times: A Vision for a Shared Future.``