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2007 - A Record Year Financially for Day Software
Day Software, content management and content infrastructure provider, has announced their December 31, 2007 fiscal year numbers and they look pretty nice!
The biggest news — total revenues for 2007 were up 28.8% to CHF $26.44M compared to the year prior.
”2007 was another record year for Day. We continued to gain market share and grew both revenues and income significantly. The strong performance of the company will enable us to make investments in key areas such as sales and marketing and customer support to continue our growth in 2008,” said Michael Moppert, CEO and Chairman of Day.
Other financial notes of interest:
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- Software license revenue increased 28% to CHF 10.53 million
- Pre-tax income increased 55% to CHF 2.94 million
During the year, Day released new products that contributed to it’s record revenues like CQ DAM, the industry’s first standards-based Digital Asset Management system; Communiqué Advanced Collaboration (CQ AC) which offers lots of Web 2.0 capabilities; a series of standards-based connectors that leverage enterprise content from providers like EMC/Documentum, Interwoven, SharePoint and others.
Day also released updated versions of Communiqué Web Content Management 4.2 (CQ WCM) and Content Repository Extreme (CRX) 1.3.1.
2007 saw lots of new customers for content management provider.
Enterprise Customers:
- Media & Entertainment: Belo Corp., Nielson and NBC Universal
- Manufacturing: General Motors and Mettler Toledo
- Financial Services: DAB Bank and Zurich Cantonal Bank (the third largest bank in Switzerland)
- Telecommunications: Vodafone and E-Plus
Channel Customers:
Agreements with IBM/FileNet, FAST and Oracle helped with Channel revenues. Day also joined the IBM ECM ValueNet Partner Program.
All in all, a good year last year for Day Software. With the new product lines and the new high-profile customers, 2008 can only get better. Can’t it?
Take a closer look at Day.
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Comments
I appreciate the feedback Boyd. Unfortunately it's not possible to dive deeper into every piece of news we put up on the site.
While I agree it doesn't give you a lot of new information to evaluate the company, I do think it provides a starting point. Day did have a successful year last year with the introduction of new products and high-profile clients. If you follow some of the links in the article, we covered some of these new events. Reviewing this material should give you a feel as to whether or not you want to dig deeper into the company.
Maybe this is a company we need to also delve a bit deeper into ourselves...
Posted by: Barb on February 21, 2008 8:02 AMAdd a Comment
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cmswire just took the press release and put it up here, without asking hard questions. thats a bit lame, and not very useful for customer evaluating the company.
Posted by: Boyd Davis on February 21, 2008 12:14 AM