BroadVision Announces First Quarter 2019 Results
BROADVISION (BVSN)
US:NASDAQ Investor Relations:
broadvision.com/about-us/investor-relations/investor-overview
Company Research
Source: GlobeNewswire
REDWOOD CITY, Calif., May 15, 2019 (GLOBE NEWSWIRE) -- BroadVision, Inc. (Nasdaq: BVSN), a leading provider of e-business and engagement management solutions, today reported financial results for its first quarter ended March 31, 2019. This was the first quarter for which BroadVision’s balance sheet and results of operations reported under U.S. Generally Accepted Accounting Principles (“GAAP”) basis included the balance sheet and results of operations of Vmoso, Inc, which is consolidated into BroadVision for U.S. GAAP purposes. Revenues for the first quarter were $1.1 million, compared with revenues of $1.2 million for the fourth quarter ended December 31, 2018 and $1.6 million for the comparable quarter of 2018. License revenue for the first quarter of 2019 was $0.6 million, compared with revenues of $0.7 million for the fourth quarter ended December 31, 2018 and $0.9 million for the comparable quarter of 2018. The majority of the first quarter license revenue was generated from
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