open source, Web CMS, Web Content Management

Day Software: Bright and Sunny 2008 Financial Results

Still going strong, Day Software has announced the second half and end of 2008 financial results.

Restructuring costs, CQ5 investments, changes in the management team, high R&D spending and several other expenses affected Day’s balance sheet.

Unlike Kas at CMS Watch (I am his big fan, but do disagree), I didn’t see these results as gloomy and “not-so-sunny.” If you put the numbers into context, most of them actually make sense.

With these results in mind, 2009 should be an interesting year for the content management industry. Especially with SaaS and open source players gaining more popularity.

As long as Day’s investment into innovation and technology pays off this year, the shareholders should be happy with this transparent balance sheet and future financial results.

Full article on CMSWire: Day Software Reports Bright and Sunny 2008 Financial Results

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2 thoughts on “Day Software: Bright and Sunny 2008 Financial Results

  1. Pingback: Day’s CQ 5.2: DAM and Social Collab Feast « Irina Guseva: Random Thoughts on CMS, WCM, ECM and Other Acronyms

  2. Pingback: Day Reports Q3 2009 License Revenue Jump « Irina Guseva: Random Thoughts on CMS, WCM, ECM and Other Acronyms

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