Posted by Jack Davis on October 2nd, 2008 at 7:38 pm | Categorized as Earnings news, Interwoven | Tagged as Earnings news, Interwoven
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.
Leave a comment
Posted by Jack Davis on December 17th, 2007 at 10:34 am | Categorized as Backdating, Interwoven
Count Interwoven (ticker: IWOV) among the Valley companies that have just about put their backdating messes behind them.
On Friday, the San Jose content management company filed its delinquent earnings reports with the U.S. Securities and Exchange Commission, announced it would hold its 2007 annual meeting on Feb. 21, 2008, and made a teeny weeny restatement. Those filings included 3 10-Qs, and one 10-K.
The company restated its earnings from 2002 to 2006 1999-2005 to take an extra $31.5 million in non-cash charges related to backdated options.
Leave a comment
Subscribe via RSS all feeds