BVSN earnings report is out. Beat consensus EPS of $0.04.
REDWOOD CITY, Calif., Oct. 22 /PRNewswire/ -- BroadVision(R), Inc. BVSN , the leading provider of one-to-one Internet applications for relationship management across the extended enterprise, today reported financial results for the quarter ending September 30, 1998.
Revenues for the quarter were $13.4 million, an 88% increase over revenues of $7.2 million in the third quarter of 1997 and an 18% increase over revenues of $11.4 million in the second quarter of 1998. The net income for the period was $1.8 million or $0.07 per fully diluted share, compared to a net loss of $1.7 million, or $0.08 per fully diluted share in the third quarter of 1997, and compared to a net income of $693,000, or $0.03 per fully diluted share in the second quarter of 1998.
For the nine months ended September 30, 1998, total revenues and license revenues were $34.9 million and $24.5 million, respectively, which represented an 89% and a 92% increase over total revenues and license revenues of $18.5 million and $12.8 million, respectively, for the same period in 1997. Net income for the first nine months of 1998 was $1.9 million or $0.08 per fully diluted share, compared to a net loss of $6.3 million, or $0.31 per fully diluted share, for the same period in 1997. |
