excite for web servers found documents about: (Query-By-Example) - higher confidence, - lower confidence; click icons to find similar documents 100% FileNet suffers Q2 setback Summary: Imaging World, August 1st, 1996. FileNet suffers Q2 setback. $9 million loss expected for previous six months. For the first time since the acquisitions, Smith acknowledged that assimilating Watermark (Burlington, MA) and Saros (Bellevue, WA) has not been easy. That is not the sort of spin lingo one expects to hear from Smith or FileNet. 91% Industry shaken by FileNet's falling earnings Summary: (Posted: Thursday, April 3, 1997, 11:51 AM) FileNet (Costa Mesa, CA) will report a net loss of approximately $9.0 million, or $.60 per share, for the first quarter ended March 31, 1997. FileNet expects to report first quarter revenue of approximately $47 million. 90% What's FileNet wearing to the ball After a ke... Summary: Imaging World, March 17th, 1997. What's FileNet wearing to the ball? In the largest booth on the AIIM show floor, FileNet will feature its Saros Discovery Suite­what FileNet calls the key to intelligent information management across the enterprise. Saros Discovery Suite promises business improvement in how they access, manage and use their information assets. The suite integrates Saros... 90% Buyers hesitate; earnings shortfall rattles in... Summary: Losses mount for FileNet as customers, vendors and analysts wait and see. Libit believes there are several things confusing customers. "The terminology is confusing," he said. Customers have to pause to understand. It takes awhile to churn through it all," said Libit. 89% FileNet moves Watermark to California Summary: (Posted: Friday, April 11, 1997, 8:19 AM) In a dramatic move to stem the flow of red ink, FileNet (Costa Mesa, CA) will move its Watermark division from Burlington, MA, to its Costa Mesa headquarters. 89% Bottom Line Summary: Revenue for the fourth quarter was $268.1 million, compared to $285 million in the prior fiscal year. Fourth quarter revenues from the company's OPEN/software grew to $15 million, up from $8.5 million in the prior year's quarter. Wang reports that fiscal 1996 earnings were $138 million vs. Revenues for the year were $1.09 billion, up 15% from $947.2 million in fiscal year 1995. Revenues for the... 89% Technology Solutions shows gains Summary: Technology Solutions shows gains. (Friday, January 17, 1997, 9:20 am) Technology Solutions (Chicago, Nasdaq: TSCC) reports Q2 '97 revenue of $39.5 million, a 70% increase from $23.3 million in the second quarter of 1996. Net income of $3.7 million compares with $43,000 in Q2 '96. 89% FileNet earnings continue to grow during third quarter Summary: FileNet earnings continue to grow during third quarter.filenet. Net income for the quarter was $3.4 million ($.22 per share) compared with a loss of $1.5 million ($.10 per share) during the third quarter of 1995. For the first nine months of the year, FileNet posted revenues of $196.4 million, a 22% rise from the $161.6 million gathered up in 1995. The company recorded a net loss of $5.9 million... 89% TMSSequoia reports Q2 '97 revenue Summary: (Posted: Monday, April 14, 1997, 9:56 AM) TMSSequoia (Stillwater, OK, Nasdaq: TMSS) reports Q2 '97 revenue of $1.468 million that compares with $1.443 million in Q2 '97. 88% The Bottom Line 3-3-97 Summary: Earnings for the first quarter rose 92% to $13.1 million compared with $6.8 million in Q1 '96. Net income of $19 million represents an increase of 66% from $11.5 million in Q1 '96. in Q1 '96. Net income of $178.3 million grew 41% from $126 million in Q2 '96. The disk drive and components company reports net income of $213 million, up from $149 million in Q2 '96. 88% Bottom Line 1-1-97 Summary: Net income of $430,000 compares with a net loss of $387,000 in Q2 '96 and income of $2 million in Q3 '95. Net income of $169,000 compares to a net loss of $60,000 in Q3 '95. The company saw a net loss of $1.7 million as compared with net income of $108,000 in the corresponding quarter of 1995. Net income of $1.2 million represents a $3.6 million increase from the third quarter of 1995. Revenue of... 88% Procom Technology reports revenue increase Summary: (Posted: Monday, April 14, 1997, 9:51 AM) Procom Technology (Irvine, CA, Nasdaq: PRCM) reports Q2 '97 revenue of $26.6 million, a 68% increase from Q2 '96 results of $15.8 million. 87% Bottom Line 3-17-97 Summary: A net loss for Q4 '96 of $3.9 million compares with net earnings of $228,000 during Q4 '95. Net income of $1.7 million compares with $514,000 in the same period of 1995. Revenue of $90.2 million represents an increase of 59% from $56.8 million in Q4 '95. Net income of $20.1 million compares with $12.3 million in Q4 '95, an increase of 63%. Net earnings of $2 billion compare with $1.7 billion in... 87% Bottom Line 4-21-97 Summary: Q1 '97 operating revenue of $226.5 million is an Adobe record and compares with $193.6 million in Q1 '96. The company will report dividend results for the 23 companies in which it has investments. TMSSequoia (Stillwater, OK, Nasdaq: TMSS) reports Q2 '97 revenue of $1.47 million that compares with $1.44 million in Q2 '97. Net earnings of $69 million compare with $41.6 million in Q1 '96, an... 86% Bottom Line 10-21-96 Summary: Verity (Sunnyvale, CA, Nasdaq:VRTY) reports disappointing results for its first fiscal quarter. While consistent with the results announced previously, the search and retrieval software developer shows a net loss of $1.3 million. This was despite a 74% increase in revenue over the first quarter a year ago. "While we're disappointed in the results for the quarter, we continue to be confident in... 85% But who exactly is TED SMITH? Summary: But Ted Smith's history is anything but "low-key." Something else is working here. If you have something, they want to take it away from you. Does that tell you something about Ted Smith?" Actually, he probably doesn't expect everybody to be happy, although that would be nice. 85% Bottom Line 11-18-96 Summary: Due to one-time charges associated with acquisition, FileNet reported a $1.5 million loss for Q3 '95. Net earnings for the OCR solutions provider increased from $914,000 in Q3 '95 to $1.5 million in Q3 '96. Net revenue increased 4% from $4 billion in the comparable quarter of 1995 to $4.2 billion in 1996. Net revenue of $136.4 million for Q3 '96 compares with $134.3 million from the corresponding... 85% Recent research reports: encouraging, surprisin Summary: With companies that are experiencing a CAGR of more than 50%, the numbers these two research firms are reporting are old news in a dynamic industry.) 2. They measure company revenue, not DM revenue. This is comparing apples to oranges. 4. They measure different companies. Again, apples to oranges. 84% Swept Away Summary: What features are installed versus released? This is very different from document management and control of existing documents. That's the market landscape; how do the players fit in? The Web version of the product is named Accellera, which allows for access to the document repository over the Web. Interleaf fits where the documents are complex and business critical. 84% Optika IPO: good idea, bad timing Summary: Imaging World, September 1st, 1996. Optika IPO: good idea, bad timing. By Bruce Hoard, IW executive editor Call it a case of very bad timing. Fortunately, the 1996 numbers have bounced back. "No," says Ruport.
	TOP OF PAGE		HOME ++ SEARCH IW ++ DAILY NEWSWIRE ++ CURRENT PUBLICATIONS ++ ABOUT IW BUYER'S GUIDE ++ DIIME ++ SUBSCRIBE ++ COMMENTS
	© 1995, 1996, 1997 Cardinal Business Media, Inc. All Rights Reserved. The names, logos and icons identifying CBMÆs products and services are proprietary marks of Cardinal Business Media, Inc. CBM has no liability for content or goods on the Internet except as set forth in the Terms and Conditions of Service.