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Day Does Well in Q1, Thinks Big for Year at Large

Day Software just announced financials for Q1, which ended March 31. Promising results yield king-sized expectations for quarters to come.

The financial summary reports a 24 percent revenue increase from 2006, and a net income increase to 38 percent.

“The strong first quarter results will enable us to drive further growth in 2007. We are making investments in all key areas of the company, including sales and marketing, research and development, and customer support,” CEO and Chairman Michael Moppert says.

He also noted three elements have driven growth. “The market for content management solutions is healthy, as every major company today recognizes the need for a solid technology platform to implement a long-term enterprise content strategy.

“The ongoing market consolidation in our industry continues to reduce the number of competitors. And thirdly, as the leader of the new standard for our industry, Day continues to innovate, demonstrated by our recent development of a new, unique suite of products.”

Meanwhile, the company continues to release new offerings into the marketplace. Recently they updated their Dell Communique offering for ECM users.

Next quarter Day plans to unveil the industry’s first standards-based digital asset management system, dubbed CQ DAM.