Tax Reform in This Election Year: It's Not Likely
Walmart's New Health Food Push: Is It Too Hard to Swallow?Vignette Corporation (NASDAQ: VIGN) provides
software used to aggregate and deliver content within the enterprise and over the Internet. The firm's various program suites manage Web-based workspaces, communications with customers, document-based workflows, record keeping, and the integration of business processes. The software can be integrated with enterprise information systems, such as resource planning programs and supply chain management applications. Vignette also provides a range of consulting, maintenance and training services. The company has strategic relationships with Hewlett Packard (NYSE: HPQ), Sun Microsystems (NASDAQ: JAVA) and Microsoft (NASDAQ: MSFT).
The firm pleased investors earlier in the week, when it said it expected fourth quarter revenues to fall in the range $52-54 million. That was an upgrade from its October prediction of $45-$50 million and topped the consensus Street estimate of $47.4 million. Net income and EPS were also expected to exceed the high end of previous guidance, on both a GAAP and non-GAAP basis.
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