Day Still Whistling into the Wind?

We like Day Software's CMS technologies, but the company's finances continue to give us pause. Day's latest quarterly results show a continuing drain of cash against rather modest reserves. Plus, their "days sales outstanding" (DSO) numbers for Q2 2002 took a serious jump, suggesting possible receivables challenges. Sure, other public CMS vendors are losing money too, but they typically can fall back on troves of cash. Day apparently cannot. If we were a Day customer, we'd want to see some evidence of tangible sources of financing beyond the usual path-to-profitability platitudes in investor-relations statements...
Check out Day's Q2 Results

Our customers say...

"The Web CMS Research is worth every penny!"

Gil, Partner, Cancentric Solutions Inc.
iStudio Canada Inc.

Other Web Content & Experience Management posts

Whither Sitecore Now?

It seems time for an answer to the question: what is Sitecore, really, circa 2023?

TeamSite Marriage Counseling

Some TeamSite implementations linger on, like a really bad relationship you can't seem to end. Maybe it's time for a clear exit?