WebSideStory, Inc. (WSSI) - 500 Beiträge pro Seite

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Profile:WebSideStory, Inc. is a provider of on-demand Web analytics services. Web analytics refers to the collection, analysis and reporting of information about Internet user activity. The Company`s services collect data from Web browsers, process that data and deliver analytic reports of online behavior to its customers on demand. Customers use the Company`s services, including its primary service, HBX, to understand how Internet users respond to Website design and content, online marketing campaigns and e-commerce offerings. The Company delivers its services over the Internet using a secure, scalable application and system architecture. As of December 31, 2004, the Company`s customer base was approximately 2,450 with customers in the United States and Europe. More than 650 customers subscribe to its HBX Web analytics services, and more than 1,800 customers subscribe to its HitBox Professional services.

http://www.websidestory.com/

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WebSideStory Announces Record First Quarter 2005 Results, Raises Revenue Guidance
Monday May 2, 4:05 pm ET
Q1 Subscription Revenue Up 40% Over Last Year; Record Net Income


SAN DIEGO, May 2 /PRNewswire-FirstCall/ -- WebSideStory, Inc. (Nasdaq: WSSI - News), a leading provider of on-demand digital marketing services, today announced results of operations for the quarter ended March 31, 2005, and raised its quarterly revenue guidance through the end of 2005. Financial highlights for the quarter include:

* First quarter 2005 revenue was $6,957,000, an increase of 38% over the
$5,040,000 reported in the same period in 2004. First quarter 2005
subscription revenue was $6,946,000, an increase of 40% over the
$4,966,000 reported in the same period in 2004.

* On a non-GAAP basis, first quarter 2005 pro forma net income before
stock-based compensation expenses was $1,204,000. On a GAAP basis,
first quarter 2005 net income was $1,022,000, an increase of
approximately 700% over the $128,000 reported in the same period in
2004. First quarter 2005 net income included stock-based compensation
expenses of $182,000.

* On a non-GAAP basis, first quarter 2005 pro forma earnings per share
before the stock-based compensation was $0.07. On a GAAP basis, first
quarter 2005 earnings per share was $0.06. Earnings per share
included stock-based compensation expenses of $182,000, or
approximately $0.01 per share. All per share numbers are expressed
on a weighted average diluted share basis.

"We are proud to report another solid quarter of growth and profitability," said Jeff Lunsford, chairman and CEO. "We achieved record first quarter bookings, over 50% higher than last year`s, and signed up over 100 new customers, demonstrating growing acceptance of the WebSideStory Active Marketing Suite as the preferred digital marketing suite. The strong bookings performance in Q1 is leading us to raise revenue guidance for the rest of this year."


Other operating and strategic highlights in the first quarter included:

* Signing of the 20th HBX Stream partner;
* Significant new contracts with Knight Ridder, Comcast and Classified
Ventures;
* Signing of a definitive agreement to acquire Avivo Corporation (d.b.a.
Atomz), expanding the company`s on-demand offerings into site search
and web content management; and
* Continued expansion in Europe and Asia.

Tom Willardson, chief financial officer, stated, "We are providing guidance as a combined WebSideStory-Atomz entity assuming a May 4 closing. However, so that investors can clearly evaluate the health of our core business pre-acquisition, we are disclosing that revenue guidance for WebSideStory on a standalone basis would have been $7.8 to $7.9 million for Q2. The midpoint of this range represents 49% growth over Q2 of 2004, reflecting accelerating top line growth."

Financial Guidance


WebSideStory provides the following guidance, which assumes the
acquisition of Atomz assuming a May 4 close (in millions except per share
data):

Q2-05 Q3-05 Q4-05 Q1-06
Revenue (millions) $9.2-$9.4 $11.0-11.3 $11.9-12.3 $12.7-13.5

Non-GAAP, pro forma
earnings before
stock-based
compensation and
amortization of
intangibles
per share $0.09-0.10 $0.11-0.12

Stock-based
compensation and
amortization of
intangibles
per share ($0.03) ($0.03)

GAAP Earnings
per share $0.06-0.07 $0.08-0.09



Note on the Use of Non-GAAP Financial Measures
Some of the financial measures in this press release, including the guidance on future periods, are presented on a pro forma basis. These pro forma numbers are considered non-GAAP financial measures within the meaning of SEC Regulation G. WebSideStory believes that this presentation is useful to investors, because it describes the operating performance of the company and helps investors gauge the company`s ability to generate cash flow, excluding some non-cash charges that are included in the most directly comparable measures calculated and presented in accordance with GAAP. Company management uses these non-GAAP measures as important indicators of the company`s past performance and to plan and forecast performance in future periods. Investors should not consider non-GAAP financial measures in isolation from, or in substitution for, financial information presented in compliance with GAAP.

Conference Call and Webcast Information

Management will host a quarterly conference call and simultaneous webcast to discuss the results, later today, on Monday, May 2, 2005, at 1:30 p.m. Pacific Time. To participate in the call, investors should dial 888 396-2356 (domestic) or 617 847-8709 (international) 10 minutes prior to the scheduled call. The pass code is 98849558. Additionally, a live audio-only webcast of the call may be accessed via the Internet at www.websidestory.com. An archived version of the webcast will also be available for at least twelve months, beginning two hours after completion of the call, at the same location.

Forward-Looking Statements

Statements in this press release that are not a description of historical facts are forward-looking statements. For example, statements about financial condition, possible or assumed future results of operations, growth opportunities, and plans and objectives of management are all forward-looking statements. In addition, statements about the anticipated synergies of WebSideStory`s and Atomz`s business and about the projected future financial performance of Atomz`s and WebSideStory`s business are also forward-looking statements. You should not regard any forward-looking statement as a representation by WebSideStory that any of its plans will be achieved. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in WebSideStory`s business. Such risks include, without limitation: WebSideStory`s limited experience in an emerging market with unproven business and technology models, the risk of incurring higher than expected costs associated with integrating the operations of Atomz with those of WebSideStory, WebSideStory`s reliance on its web analytics services for the majority of its revenue, the risk that the acquisition of Atomz may not occur or that sales of Atomz`s services will not be as high as anticipated, WebSideStory`s recent achievement of profitability and the risk that it may not maintain its profitability, the highly competitive markets in which WebSideStory operates that may make it difficult for the company to retain customers, the risk that WebSideStory`s customers fail to renew their agreements or that Atomz`s customers fail to renew their agreements following the acquisition, the risk that WebSideStory`s services may become obsolete in a market with rapidly changing technology and industry standards, and the risk that WebSideStory may incur unanticipated or unknown losses or liabilities if it completes the acquisition of Atomz, as well as the other risks described in WebSideStory`s filings with the Securities and Exchange Commission, including WebSideStory`s annual report on Form 10-K for the year ended December 31, 2004. Do not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. All forward-looking statements are qualified in their entirety by this cautionary statement and WebSideStory undertakes no obligation to revise or update this news release to reflect events or circumstances after the date of this news release.

About WebSideStory

WebSideStory is a leading provider of on-demand web analytics services. WebSideStory`s services collect data from web browsers, process that data and deliver reports of online behavior to its customers on demand. More than 700 enterprises currently use WebSideStory`s services to understand how Internet users respond to web site design and content, online marketing campaigns and e-commerce offerings. As a result, WebSideStory`s customers can make more effective marketing decisions and improve the merchandising, sales, support and design of their web sites. For more information, contact WebSideStory, Inc. Voice: 858.546.0040. Fax: [phone]. Address: 10182 Telesis Court, 6th Floor, San Diego, CA 92121. E-mail: [e-mail]. web site: http://www.websidestory.com/. HBX is a trademark, and WebSideStory is a registered trademark of WebSideStory. Other trademarks belong to their respective owners.

About Atomz

Atomz is a leading provider of on-demand digital marketing applications. Its hosted services include site search and web content management. More than 300 enterprises currently use Atomz`s services to manage and improve their web sites. For more information about Atomz`s services visit the company`s web site at www.atomz.com. Atomz is a trademark of Avivo Corporation.




WebSideStory, Inc. Three months ended
Condensed Consolidated Statement of Operations March 31, March 31,
(in thousands, except share and per share data) 2005 2004
Unaudited Unaudited
Revenues
Subscriptions $6,946 $4,966
Advertising 11 74
Total revenues 6,957 5,040

Cost of revenues
Cost of revenue 998 750
Stock-based compensation 2 5
Total cost of revenues 1,000 755

Gross profit 5,957 4,285

Operating expenses
Sales and marketing 2,944 2,162
Technology development 787 1,008
General and administrative 1,152 707
Stock-based compensation * 180 267
Total operating expenses 5,063 4,144

Income from operations 894 141

Interest expense (2) --
Interest income 183 17

Income before provision for income taxes 1,075 158

Provision for income taxes 53 30

Net income $1,022 $128

Accretion of discount on
redeemable preferred stock -- (398)

Net income (loss) attributable to
common stockholders $1,022 $(270)

Net income (loss) per share attributable to
common shareholders:
Basic $0.07 $(0.06)
Diluted $0.06 $(0.06)

Weighted average number of shares
used in per share amounts
Basic 15,446,842 4,463,183
Diluted 16,921,915 4,463,183

(*) Stock-based compensation
Sales and marketing $34 $12
Technology development 2 60
General and administrative 144 $195
$180 $267



WebSideStory, Inc.
Condensed Consolidated Balance Sheets March 31, December 31,
(in thousands, except share and per share data) 2005 2004
Assets Unaudited
Current assets
Cash and cash equivalents $7,722 $5,710
Investments 14,305 16,323
Accounts receivable 3,885 3,704
Prepaid expenses and other current assets 1,453 834
Total current assets 27,365 26,571
Property and equipment, net 1,895 1,884
Investments 9,514 8,676
Other assets 648 341
$39,422 $37,472

Liabilities and stockholders` equity
Current liabilities
Accounts payable $710 $307
Accrued liabilities 2,269 2,083
Deferred revenue 6,456 6,364
Capital lease short term 20 18
Note payable 109 27
Total current liabilities 9,564 8,799
Deferred rent 287 320
Capital lease long term 92 100
Other liabilities 54 54
Total liabilities 9,997 9,273
Commitments and contingencies
Stockholders` equity
Preferred stock, 10,000,000 shares authorized
and no shares issued and outstanding
at March 31, 2005 and December 31, 2004 -- --
Common stock, $0.001 par value;
75,000,000 shares authorized,
15,638,279 and 15,624,856 shares issued
and outstanding at March 31, 2005 and
December 31, 2004, respectively. 16 16
Additional paid in capital 82,945 82,895
Unearned stock-based compensation (594) (779)
Accumulated other comprehensive income 250 281
Accumulated deficit (53,192) (54,214)
Total stockholders` equity 29,425 28,199
$39,422 $37,472



Three months ended
Reconciliation of GAAP net income to March 31, March 31,
non-GAAP pro forma net income 2005 2004
(in thousands) Unaudited Unaudited

Net income (loss) attributable to
common stockholders $1,022 $(270)

Stock-based compensation 182 272

Non-GAAP Pro forma net income $1,204 $2



Reconciliation of GAAP earnings per share
to non-GAAP pro forma earnings per share

GAAP earnings (loss) per share
Basic $0.07 $(0.06)
Diluted $0.06 $(0.06)

Stock-based compensation per share $0.01 $0.06

Non-GAAP Pro forma net income per share
attributable to common stockholders:
Basic $0.08 $0.00
Diluted $0.07 $0.00

Weighted-average number of shares used in
per share amounts:
Basic 15,446,842 4,463,183
Diluted 16,921,915 4,463,183




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Source: WebSideStory, Inc.

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WebEx Improves Online Lead Generation With WebSideStory`s On-Demand Web Analytics
Tuesday May 17, 7:00 am ET
Web Meeting Applications Leader Uses Real-Time A/B Testing to Increase the Effectiveness of Its 14-Day Free Trial Offers


SAN DIEGO, May 17 /PRNewswire-FirstCall/ -- WebSideStory (www.websidestory.com) (Nasdaq: WSSI - News), a leading provider of on-demand digital marketing applications, today announced that WebEx (www.webex.com), the leading provider of web meeting applications, has selected WebSideStory`s HBX Web Analytics service to improve its online marketing programs and generate more leads for its sales force.
ADVERTISEMENT


WebEx offers a unique range of specialized web meeting applications, each designed to support specific business processes such as sales, training and support. WebEx markets these applications with a 14-day free trial program (http://www.webex.com/go/webex14) that enables prospects to try several of the company`s web meeting applications. WebEx has been able to increase conversions for this program by conducting real-time A/B testing techniques with the HBX service, allowing it to compare the effectiveness of different design and promotional elements.

"HBX allows us to make changes in page layout and messaging and immediately measure the results," said Sindy Braun, director of web marketing for WebEx. "For example, we used HBX reports and our testing methodology to update the free-trial registration process and instantly increased conversions by 5 percent. This instant feedback is one of the reasons WebEx is able to produce such efficient, integrated marketing programs. HBX is now an integral part of our online marketing."

WebEx also uses HBX to improve its online marketing ROI, including measuring the success of its new banner campaign featuring WebEx "fanatics" -- customers with their faces painted with the company`s corporate colors, blue and green. HBX intelligence helps WebEx optimize its landing pages to generate the most conversions.

"WebEx is a pioneer and leader and we are pleased to help it generate more leads for its sales team," said Rand Schulman, chief marketing officer at WebSideStory. "A/B testing is one of the most effective ways to increase site conversions. It eliminates the guesswork in trying to figure out what works best."

ASPNews.com, a leading source of news and analysis about the ASP (application service provider) and web services industry, lists both WebEx and WebSideStory among the top ASPs in the world. WebEx chose WebSideStory after an extensive review of major web analytics vendors.

HBX is an award-winning, on-demand visitor analysis and reporting service that delivers up-to-the-second information about online visitor and customer behavior. HBX is part of WebSideStory`s Active Marketing Suite, which includes applications for web analytics, site search, web content management and keyword bid management. For more information, please visit www.websidestory.com.

About WebEx Communications Inc.

WebEx Communications, Inc. is the world`s leading provider of on-demand web meeting applications. WebEx applications improve collaboration and increase productivity in sales, support, training, marketing, engineering and product design. WebEx delivers its suite of web meeting applications over the global WebEx MediaTone Network, a network specifically designed for secure web collaboration. WebEx Communications is based in Santa Clara, California and has regional headquarters in Europe, Asia and Australia. Please call toll free 877-509-3239 or visit www.webex.com for more information.

About WebSideStory

WebSideStory (Nasdaq: WSSI - News) is a leading provider of on-demand digital marketing applications. Its Active Marketing Suite includes web analytics, site search, web content management and keyword bid management. Enterprises worldwide use these services to measure and improve their online marketing performance. For more information, contact WebSideStory, Inc. Voice: 858 546-0040. Fax: [phone]. Address: 10182 Telesis Court, 6th Floor, San Diego, CA 92121. Web site: www.WebSideStory.com. HBX is a trademark and WebSideStory is a registered trademark of WebSideStory. Other trademarks belong to their respective owners.

Forward-Looking Statements

Statements in this press release that are not a description of historical facts are forward-looking statements. You should not regard any forward-looking statement as a representation by WebSideStory that any of its plans will be achieved. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in WebSideStory`s business including, without limitation: WebSideStory`s limited experience in an emerging market with unproven business and technology models; WebSideStory`s reliance on its Web analytics services for the majority of its revenue; WebSideStory`s recent achievement of profitability and the risk that it may not maintain its profitability; the highly competitive markets in which WebSideStory operates that may make it difficult for the company to retain customers; the risk that WebSideStory`s customers fail to renew their agreements; the risks associated with integrating the operations and products of Avivo Corporation with those of WebSideStory; the risk that WebSideStory`s services may become obsolete in a market with rapidly changing technology and industry standards; and other risks described in WebSideStory`s Securities and Exchange Commission filings, including WebSideStory`s annual report on Form 10-K for the year ended December 31, 2004. Do not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. All forward-looking statements are qualified in their entirety by this cautionary statement, and WebSideStory undertakes no obligation to revise or update this news release to reflect events or circumstances after the date of this news release.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by use of the terms anticipates, believes, continue, could, estimates, expects, intends, may, plans, potential, predicts, should or will, or the negative of those terms or similar expressions. These forward-looking statements are subject to significant risks and uncertainties. Actual results may differ materially from those described in such statements as a result of these risks and uncertainties. In particular, these forward looking statements include, but are not limited to, the statement that WebEx applications improve collaboration and increase productivity in sales, support, training, marketing, engineering and product design. Factors which could contribute to risks and uncertainties include, but are not limited to, the failure of customers to utilize WebEx applications effectively in their businesses or to reduce their other expenses. A fuller discussion of the risks and uncertainties that could affect WebEx Communications, Inc. are more fully set forth in WebEx Communications, Inc.`s filings with the Securities and Exchange Commission, including WebEx`s Form 10-K filed with the SEC on March 16, 2005. WebEx Communications, Inc. assumes no obligation to update forward-looking information contained in this press release.




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Source: WebSideStory, Inc.