
Mere days before the long-anticipated CQ5 release, Day presents interim financial results for Q3 2008.
The very Web 2.0-esque CQ5 is currently scheduled to be generally available on November 17. We will tell you more about CQ5 next week (downloading the software for evaluation as we speak).
In the meantime, let’s count Day’s Swiss francs. The company reports increased revenue and presses ahead with market expansion, mainly in Northern Europe.
Overall revenue for the first nine months of 2008 increased by 9% to CHF 20.0 million compared to CHF 18.3 million in the same period last year. Overall revenue increased by 16% compared with the second quarter of 2008.
Revenue from licenses for the nine months until September 30, 2008, amounted to CHF 7.8 million compared to CHF 6.7 million for the same period last year.
Losses were reduced to CHF 524,000 compared to the previous quarter. The technical efforts poured into CQ5 were a cost factor. The cash reserves increased to CHF 16.2 million.
Day’s senior management welcomed new members, including Richard Francis as new CFO and Kevin Cochrane as new CMO.
Not enough good news? How about Gartner placing Day in the Magic Quadrant for Enterprise CMS as a visionary?
While everything on Day's side seems to be quite optimistic at the moment, we will continue to watch the company and report the news to you.

Sitecore, a famed .NET Web CMS vendor, announced that its 2008 revenues have grown by over 100% over the prior fiscal. Reportedly, 95% of revenues are coming from new license sales, 4% -- from training and less than 1% -- from Professional Services.
While this kind of revenue percentage distribution may seem kind of funky to some, knowing Sitecore's focus on software development and exclusive outsourcing of PS and related implementation activities to its third-party integrators and partners -- we are not surprised.

Open Text Corporation, a well-known ECM player, announced unaudited financial results for its fourth quarter and fiscal year ended June 30, 2008.

VillageEDOCS, Inc., a SaaS document management provider, announced its financial results for the second quarter and six months ended June 30, 2008. Looks like the company demonstrated a solid performance in the first six months of 2008.