SAN MATEO, Calif., July 2 /PRNewswire-FirstCall/ --
E.piphany, Inc. (Nasdaq: EPNY) today announced preliminary results for the
quarter ended June 30, 2002. Net loss for the quarter excluding the
amortization of purchased intangibles and goodwill, stock-based compensation
and restructuring charges is not expected to exceed $(0.18) per share, which
represents an improvement over the 2001 second quarter net loss of $(0.28) per
share. Based on preliminary information, revenue for the quarter is expected
to be approximately $19.0 million, and license revenue is expected to be
approximately $6.5 million, which compares to 2001 second quarter results of
$32.3 million and $16.3 million, respectively.
E.piphany will host a conference call today to discuss the preliminary
results. The call will begin at 5:30 p.m. eastern time, and can be accessed by
dialing domestically 888-423-3272 or internationally 612-288-0318. There will
be a live webcast of the call available at the company's website at
http://ir.epiphany.com . A replay will be available via webcast on the
investor relations section of the company's website, or by calling
domestically 800-475-6701 or internationally 320-365-3844 and referencing call
#644375. E.piphany's regularly scheduled earnings call will take place on
Thursday, July 18 after the market closes.
E.piphany provides Smart CRM(TM) solutions for the largest global
enterprises. The company's integrated CRM suite, E.piphany E.6, is driven by
real-time intelligence to enable global businesses to better understand their
customers and take the optimal action to improve customer satisfaction,
increase revenue and reduce costs. E.piphany's Smart CRM system is built on
the industry's most advanced, Web-based, CRM platform, resulting in fast and
easy deployment and adoption. Leading companies, including more than 35% of
the Fortune 100, use E.piphany products to enhance their customers'
experience, enable organizational effectiveness and drive value. With
worldwide headquarters in San Mateo, California, E.piphany has regional
operations and offices throughout North America, Asia Pacific, Europe, Japan
and Latin America.
This press release contains forward-looking statements relating to revenue
and net loss. Actual results could differ materially from such forward-looking
statements. Factors that could cause actual results to differ materially from
the forward-looking statements include adjustments made as part of quarter-end
closing activities. E.piphany assumes no duty to update any statements made
in this press release.
NOTE: E.piphany, E.6, Smart CRM and the E.piphany logo are trademarks of
E.piphany, Inc.
SOURCE E.piphany, Inc.
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Related links:
http://www.epiphany.com
CONTACT:
investor relations, Todd Friedman,
+1-650-356-3934, or tfriedman@epiphany.com, or press, Kim Stocks,
+1-650-356-5863, or kstocks@epiphany.com, both of E.piphany, Inc.
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