Thursday, April 26, 2012

Broadvision reports first quarter Q1 2012 earnings

So Broadvision reported earnings and continues to displace the notion that earnings will be robust. With its continued weak performance and the downward slide in revenue the tout machine Lebed and NIA have a lot of explaining to do.

Revenue for the first quarter of 2012 was $3.8 million
The previous quarter which was the fourth quarter of 2011 revenue was $4.2 million
Revenue for the first quarter of 2011 was $5.1 million

Licensing revenue for the first quarter of 2012 was $1.4 million
The previous quarter licensing revenue came in at $1.6 million
Licensing revenue for the first quarter of 2011 came in at $1.5 million

Cash and investments came in at $55.3 million
Cash last quarter came in at $54.4 million
Cash came in first quarter of 2011 at $60.9 million

Again, it seems that traction with Clearvale clearly has not materialized in their revenue to offset their legacy platform of K2 and QuickSilver.

Without any near term catalyst Broadvision will continue to face a challenging path to justify its current valuation. Without new management and clout to remain competitive Broadvision will remain a blip in among the titans. Broadvision has created very minimal shareholder value for the past decade till this recent run-up with the touting by Lebed and NIA. Clearly they have every intentions to tout this stock, however buyer beware as the results speak for themselves that Broadvision continues to be a company in decline.

2 comments:

  1. iso 9001 certifications:
    ISO 9001:2008 Standard is a globally recognized Quality Management System. ISO 9001:2008 Certification acts as a prominent quality standard in the present competitive industry.

    ReplyDelete
  2. Engagement handbag or Purse:
    The most memorial occasion in Girl's life is Engagement, What she thinks about her life partner in dream will achieve that, in this occasion the best option of Handbags or bag is Lanvin handbag, Lanvin bag.Please click www.lanvinhandbagstore.com

    ReplyDelete

RSS Feed

Subscribe