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To: WPC9999 who wrote (17504)10/23/1998 11:46:00 AM
From: Prince  Read Replies (1) | Respond to of 120523
 
Take a look, am I reading they earned .7 a share with whisper at .8?

BroadVision, Inc. Announces Record Profitable Third Quarter 1998 Results

REDWOOD CITY, Calif., Oct. 22 /PRNewswire/ -- BroadVision(R), Inc. (Nasdaq: BVSN - news), 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.

''With increased momentum, BroadVision continues to make successful inroads into the marketplace,'' said Dr. Pehong Chen, president and CEO of BroadVision, Inc. ''We are very pleased with the results of the quarter -- both from a financial result as well as a market share expansion perspective. With a record number of live deployments and critical, strategic partnerships with companies like Oracle, Security First, and a number of new international distributors, our worldwide reach and scope have made BroadVision One-To-One applications the de facto standard in many industries.''