WebSideStory has announced the financial results for the first quarter of 2006. WebSideStory saw 40% growth in the Active Marketing Suite and 55% growth in the Visual Sciences unit.


WebSideStory has announced the financial results for the first quarter of 2006. WebSideStory saw 40% growth in the Active Marketing Suite and 55% growth in the Visual Sciences unit.

Other key points include:

“¢ Non-GAAP revenues were $14.5 million, a 109% increase compared to the first quarter of 2005 on an as-reported basis.
“¢ There was a 37% increase on an organic basis.
“¢ Non-GAAP revenues include $1.1 million deferred revenues from WebSideStory’s merger with Visual Sciences.
“¢ GAAP revenues were $13.4 million, a 93% increase compared to the first quarter of 2005 on an as-reported basis.
“¢ There was a 20% increase on an organic basis.

Jeff Lunsford, chairman and CEO of WebSideStory, said: “Our customers are now seeing the synergies of the Active Marketing Suite in action, as exemplified by the recent launch of WebSideStory Search 4.0, the first site search solution to automatically integrate site search with web site behavioral data. As part of a live test, Brooks Brothers enjoyed a 25 percent increase in online sales from visitors using site search, directly attributable to this innovative capability.

Additionally, demand for HBX and Visual Sciences solutions continues to meet or exceed our goals as real-time web analytics and real-time enterprise intelligence are gaining mainstream recognition as required capabilities for competing in the global marketplace.” [Source]

WebSideStory is a provider of on-demand digital marketing and customer analytics solutions. WebSideStory’s Active Marketing Suite provides services including web analytics, site search, web content management, and keyword bid management.

For more information on WebSideStory’s financial results for the first quarter of 2006, click here.

 

 

 

 

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