Real Story Group. Make Better Technology Decisions.

Formerly CMS Watch. Here's our story
What Real Independence means. Find Out

  • Schedule a Demo
  • Free Sample
  • Contact
  • Subscriber Login
  • Your cart is empty.
Sign up for our Newsletter
  • Home
  • Evaluation Reports
  • Premium Subscriptions
  • About
  • Blog
  • Buy Now
  • Recent Entries
  • Get Custom Feeds

 

 

 

Thomas Kas Thomas

Day reports sunny results for 1H2009

30-Jul-2009

Tags: Digital and Media Asset Management, Web Content Management, Selecting Technology, Vendor Viability & Financials, Adobe CQ, Adobe CQ5

Despite the dour financial environment, there are companies making money in the WCM space. One firm that appears to be doing quite well is WCM and DAM vendor, Day Software (based in Basel, Switzerland), whose first-half '09 financial results -- released yesterday -- might serve as an inspiration to other CMS vendors (at least, those not in direct competition with Day).

When last we wrote about Day, the financial news was, at best, mixed. As you may recall, we reported back in February that Day Software experienced a net loss in 2008 of CHF 12.0M on 27.8M in income, versus a net profit of CHF 7.0M on 25.0M of income in 2007. Corresponding, as they did, with the timing of the worldwide economic downturn, those numbers were not terribly surprising.

But the recession appears to be over, for Day. A public company (SIX:DAYN, OTCQX:DYIHY), Day Software says it saw total revenues increase by 33% (to CHF 17.0M) for the first half of 2009 versus the same period in 2008. Pre-tax net income was a respectable CHF 2.0M, although 235K of that was foreign-exchange gain.

License revenue, which for most software companies has been shrinking as a percentage of total revenue, accounted for a healthy 42% of Day's top line, at CHF 7.2M, an increase of 26% from 1H2008. At CHF 5.4M, support and maintenance revenue constituted 32% of Day's total first-half revenue (up 23% from 1H2008), with services accounting for CHF 4.4M (up almost 70% from the prior year).

Day attributes the sunny financial performance to a variety of factors, including 18 new customer deals in Q2 (among them, "a major new win at Adobe"), and "significant reorders" as a result of uptake of DAM and Social Collaboration offerings by Day customers. In addition, the company points to major investments in its sales organization and operational efficiencies from earlier restructuring efforts.

Let us not forget, though, that Day released a long-awaited (and we do mean long-awaited) major upgrade to its flagship Communiqué product late in 2008 -- perfect timing for creating a rush of income in 2009. There have also been major and minor upgrades, in 2009, for the CQ DAM offering. 

Whatever the reason(s), numbers are numbers and profits are profits. And it looks like Day and its shareholders have legitimate cause to break out the party hats and champagne, at this point. Or whatever it is they break out in Basel, when the going gets good.

    Now Get the Complete Real Story

    Vendor Evaluations

    Learn the real strengths and weaknesses of major vendors from around the world, in our research stream.

Tweet

close x

Free Sample Request

  Digital and Media Asset Management
  Document Management (ECM)
  Enterprise Collaboration & Social Software
  Enterprise Search
  Portals and Content Integration
  SharePoint Ecosystem
  Web Content Management
 Send me bi-weekly tips and insights from Real Story Group.
Your personal information, including your e-mail address, will be held in the strictest of confidence and will never be shared with anyone.

Subscriber Log In


Remember Me
Forgot password?


Not a subscriber?
Learn about our subscriptions

Research Mentioned in this Post

Vendor Evaluations

 | 

Our Newsletter

Get the Real Story bi-weekly.

Have Questions?

USA & Canada
+1 800 325 6190

UK
+44 (0) 20 3318 1911

International
+1 617 340 6464


All Other Inquiries

Our Customers Say

"I've been using the The Web CMS Research and I have to say that the quality of the analysis is flawless. How your team not only gets beneath the surface of CMS products but also highlights the good, bad, and ugly in very readable research is nothing short of miraculous."

Martin White, Managing Director, Intranet Focus Ltd

next More

Real Story Group

Follow us on:  RSS  |  Twitter  |  Facebook  |  YouTube

Evaluation Reports

  • Web Content Management
  • Document Management (ECM)
  • Portals and Content Integration
  • Enterprise Search
  • Digital and Media Asset Management
  • SharePoint Ecosystem
  • Enterprise Collaboration & Social Software

Premium Subscriptions

  • Research Streams
  • Advisory Papers
  • Vendors Evaluated
  • Schedule Analyst Consultation
  • Online Education
  • Configure a Subscription

About Us

  • Our Methodology
  • Our Team
  • Media
  • Customer List
  • Events
  • Consulting
  • Contact Us

Need Help?

  • Talk to an Expert
  • FAQs
  • Customer Support
  • Contact Sales Team
  • Help with your account

Copyright Real Story Group 2001 - 2012. All rights reserved.

  • Contact Us
  • Copyright Policy
  • Privacy Policy
  • Terms of Use

Log In

Remember MeForgot password?

close x
close x

All analyst firms claim to be independent or vendor-neutral. We're different.

Real Independence


Get the real story on commercial and open source tools from a firm that works only for you, the technology customer.

close x

Newsletter Signup

Thank you for signing up for The Real Story Group Newsletter. You will receive our monthly newsletter, plus updates with new information on the technology streams you have expressed interest in below.










Choose the streams that you’d like to receive updates for: