Interwoven Announces Preliminary Third Quarter 2008 Revenues in the Range of $65 to $66 Million
03 October 2008 - 6:05AM
PR Newswire (US)
Revenue Results Expected to Exceed Guidance SAN JOSE, Calif., Oct.
2 /PRNewswire-FirstCall/ -- Interwoven, Inc. (NASDAQ:IWOV), a
global leader in content management solutions, today announced
revenues for the period ended September 30, 2008 are expected to be
higher than previously forecast for the period. Interwoven expects
to report total revenue in the range of $65 to $66 million,
compared to the range of $63 to $65 million it guided to early in
the third quarter. (Logo:
http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO) Interwoven
plans to release complete third quarter financial results for the
period ended September 30, 2008 after the market close on Thursday,
October 23, 2008. The company will hold a conference call at 2:00
p.m. Pacific Daylight Time that day. Conference Call Details: Date:
Thursday, October 23, 2008 Time: 2:00 p.m. PDT (5:00 p.m. EDT) Live
Dial-in #: 877-723-9502 or 719-325-4834 Replay Dial-in #:
888-203-1112 or 719-457-0820 Replay Passcode: 4131260 A live and
archived webcast of the conference call will be available on
Interwoven's website at http://www.interwoven.com/investors. A
telephonic replay of the call will be available for one week
starting on October 23, 2008 at approximately 5:00 p.m. PDT. About
Interwoven Interwoven (NASDAQ:IWOV) is a global leader in content
management solutions. Interwoven's software and services enable
organizations to maximize online business performance and organize,
find, and govern business content. Interwoven solutions unlock the
value of content by delivering the right content to the right
person in the right context at the right time. Nearly 4,400 of the
world's leading companies, professional services firms, and
governments have chosen Interwoven, including adidas, Airbus,
Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant
Thornton, Hilton Hotels, Hong Kong Trade and Development Council,
HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Qantas
Airways, Tesco, Virgin Mobile, and White & Case. A community of
over 20,000 developers and over 300 partners enrich and extend
Interwoven's offerings. To learn more about Interwoven, please
visit http://www.interwoven.com/. Cautionary Statement Regarding
Forward-Looking Statements This press release contains
forward-looking statements that involve risks and uncertainties.
Interwoven, Inc.'s preliminary estimate of revenue is a
forward-looking statement, which is subject to further review and
based on current information. The final results for the third
quarter of 2008 of Interwoven, Inc. may differ from the preliminary
estimate discussed above due to factors that include, but are not
limited to, risks associated with final review of the results and
preparation of quarterly financial statements and business and
economic risks that could cause actual future results to differ
materially from the estimates set forth above. Other factors that
could cause Interwoven's actual results to differ materially from
its expectations include the following: our ability to develop new
products, services, features and functionality successfully and on
a timely basis; customer acceptance of our solutions; changes in
customer spending on enterprise content management initiatives; our
ability to cross-sell and up-sell additional products into our
installed base of customers; our ability to successfully acquire
businesses and technologies and to successfully integrate and
operate these acquired businesses and technologies; the timing and
impact of acquisition- related costs or amortization costs for
acquired intangible assets; the success of our strategic business
alliances; intense competition in our markets; changes in key
personnel; the introduction of new products or services by
competitors; and the ongoing consolidation in our markets. These
and other risks and uncertainties associated with Interwoven's
business are described in its most recent Annual Report on Form
10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports
on Forms 8-K, which are on file with the Securities and Exchange
Commission and available through http://www.sec.gov/.
http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO
http://photoarchive.ap.org/ DATASOURCE: Interwoven, Inc. CONTACT:
Keren Ackerman, +1-408-953-7284, , or Randy Cairns,
+1-408-953-7111, , both of Interwoven, Inc. Web site:
http://www.interwoven.com/
Copyright
Interwoven (NASDAQ:IWOV)
Historical Stock Chart
From Sep 2024 to Oct 2024
Interwoven (NASDAQ:IWOV)
Historical Stock Chart
From Oct 2023 to Oct 2024