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Posts Tagged ‘Hans Gieskes’

Vocus Reports 20 Percent Increase in Revenue

Vocus, a provider of software tools for the PR industry, has reported $28.5 million in second quarter revenue, a 20 percent increase year-over-year. Total deferred revenue as of June 30 was $55.9 million, up from $47.3 million as of June 30, 2010.

Net income for Q2 was $4.1 million compared to $3.1 million for Q2 2010. Among the other highlights for the quarter was the launch of the Vocus Small Business Edition in the U.K. and the addition of 601 new annual subscribers. Clients include BBC World News, Darden Restaurants, and Euro RSCG 360.

After the jump, we have earnings from Cision.

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Vocus, Cision Announce Q1 Results

This week, Vocus announced results for the quarter ending March 31, 2011, reporting GAAP revenue of $27 million, a 21 percent increase year-over-year. GAAP loss from operations was $3.1 million for the first quarter, versus $549,000 for the same period in 2010.

During the quarter, Vocus acquired North Social, added 682 new annual subscribers (exceeding Q1 2010 by nearly 300) including TD Bank and the University of San Francisco, and launched the latest release of its product, which includes additional features.

Cision also released its earnings, showing growth in the U.S., but still struggling elsewhere. Organic growth was at -2 percent versus -1 percent the previous quarter. And revenue was SEK 248 million (about $41 million by yesterday’s currency conversion rate) versus SEK 269 million year-over-year. But in the U.S., organic growth was up three percent. It was two percent the previous quarter.

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Vocus and Cision Report Earnings With Differing Results

Vocus reported non-GAAP revenue of $25.1 million for Q3 2010, a 19 percent increase year-over-year. GAAP revenue was $24.7 million, a 17 percent increase from the previous year. The company does not provide organic growth numbers, but, during its earnings call, CEO Rick Rudman noted the 579 net new subscribers the company added and the contribution of the company’s social media product, which was available for its first full quarter and added to sales of upgrades and customer renewals.

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