October 30, 2007, 12:00 AM

Interwoven reports revenue up 9% in third quarter and 11% year to date

The provider of content management technology reported Q3 revenue of $55.5 million, up 9% from a year ago, and nine-month revenue of $162.8 million, up 11%.

Don Davis

Editor in Chief

Interwoven Inc., a provider of content management technology, has reported Q3 revenue of $55.5 million, up 9% from $50.9 a year ago, and nine-month revenue of $162.8 million, 11% ahead of $146.4 million in the first nine months of 2006.

License revenue for the third quarter was $21.2 million, an increase of 14% from the third quarter of 2006. Support and service revenue increased 6% to $34.3 million. The company added 76 customers in Q3, raising its total to over 4,000.

“This is an incredibly exciting time for Interwoven,” says Joe Cowan, CEO. “We achieved third quarter revenues and continued to deliver on our growth strategy.” Interwoven last week announced a deal to acquire Optimost, which specializes in testing, analyzing and optimizing web site content.

The company, based in San Jose, CA, did not report other financial information because it has not yet completed a voluntary review of its historical stock option grant procedures.

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement