E.PIPHANY ANNOUNCES PRELIMINARY SECOND QUARTER RESULTS
SAN MATEO, Calif. - July 2, 2001 - E.piphany, Inc. (Nasdaq:EPNY) today announced preliminary financial results for the second quarter ended June 30, 2001. Based on preliminary information, revenues for the quarter will be approximately $31.0 million, and net loss for the quarter excluding the amortization of goodwill and stock-based compensation will range between $(0.29) and $(0.30) per share. In the second quarter of 2000, the company reported $24.5 million in revenues and net loss of $(0.08) per share.
"We believe that the North American market stabilized during the quarter, as revenue in that market declined only slightly from the first quarter. However, our international business, which is less mature and more influenced by larger deals, experienced a more significant sequential decline," said Roger Siboni, president and chief executive officer. "Around the world, activity in our pipeline is strong although customers continue to be more deliberate in their buying process. We made great progress managing expenses in the quarter and will continue to be aggressive in that regard without impairing our ability to execute on the opportunities in the market place."
E.piphany will host a conference call today to discuss the preliminary results. The call will begin at 5:30 p.m. eastern time, and can be accessed by dialing (612) 332-0226, (612) 288-0329 or (612) 288-0340. There will be a live webcast of the call available at the company’s website at www.epiphany.com. A replay will be available via webcast on the investor relations section of the company’s website, or by calling domestically 800-475-6701 or internationally (320) 365-3844 and referencing call #594106. E.piphany’s regularly scheduled earnings call will take place on Thursday, July 19 after the market closes.
About E.piphany
E.piphany is a leading provider of intelligent customer interaction software for the Customer Economy. By providing an integrated suite of software solutions, E.piphany E.5™ blends web-based analytic and operational CRM to unify all inbound and outbound marketing, sales and service customer interactions. E.piphany E.5 enables a single, enterprise-wide view of each customer to help global businesses better understand and proactively serve customers in real time. With worldwide headquarters in San Mateo, California, E.piphany has regional operations and offices throughout the U.S., Europe and Asia Pacific.
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E.piphany and the E.piphany logo are trademarks of E.piphany, Inc. All other trademarks are the property of their respective owners.
Public Relations Contact:
Heather McLellan, E.piphany
650.356.3863
hmclellan@epiphany.com
Investor Relations Contact:
Todd Friedman, E.piphany
650.356.3934
tfriedman@epiphany.com
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