BroadVision (BVSN) Reports Q1 Loss of $0.72

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BroadVision Announces First Quarter 2015 Results

April 29, 2015 4:30 PM EDT

REDWOOD CITY, Calif., April 29, 2015 (GLOBE NEWSWIRE) -- BroadVision, Inc. (Nasdaq: BVSN), a leading provider of e-business and engagement management solutions, today reported financial results for its first quarter ended March 31, 2015. Revenues for the first quarter were $2.5 million, compared with revenues of $4.3 million for the fourth quarter ended December 31, 2014 and $3.0 million for the comparable quarter of 2014.

License revenue for the first quarter of 2015 was $1.1 million, compared with $2.7 million for the prior quarter and $1.2 million for the comparable quarter of 2014. The majority of the first quarter license and subscription revenue was generated from the Company's BroadVision®... More