SiliconBeat

The people and companies driving the innovation of Silicon Valley

Interwoven revises expectations — UP!

Interwoven, the San Jose developer of Internet content management software, went against the apparent economic grain Thursday when it revised expectations for its recently completed quarter up, not down. It now expects to report sales in the range of $65 to $66 million, up from a range of $63 to $65 million, according to a regulatory filing.

Shares of Interwoven (ticker:IWOV) rose 25 cents, or 2 percent, to $12.99, according to Yahoo finance. They touched a 52-week high of $16.01 on Aug. 13.

Share/Save/Bookmark

Leave a Reply