Envivio Issues Second Profit Warning in Past Three Quarters

Posted by Joe Zaller
Nov 13 2012

Video encoding and transcoding specialist Envivio reported that it now expects its revenue for the quarter ending October 31, 2012 to be in the range of $7m to $7.5m.

This is approximately 30% below the guidance provided by the company last quarter.

At that time, Envivio said that it expected its revenue for the quarter ending October 31, 2012 to be in the range of $10m to $11m, with a non-GAAP loss per share in the range of ($0.16) to ($0.12), non-GAAP operating loss in the range of $4.1m to $3.2m, and non-GAAP gross margins in the range of 59 to 62 percent.

Envivio raised  approximately $70 when it went public on the NASDAQ exchange in April 2012.

This is the second time in its three quarters as a public company that Envivio has issued a profit warning.

Prior to the company’s Q2 2012 results Envivio warned that its revenue would be 35% to 41% lower than the bottom end of Envivio’s previously issued guidance.

“The global slowdown in spending by our service provider customers has persisted, with sales cycles continuing to lengthen,” said Julien Signes, president and CEO, Envivio. “While we remain confident in maintaining our technology leadership and competitive positioning, as well as the long term growth of the multi-screen video processing market, we acknowledge that near-term visibility of demand remains limited. As a result, we are continuing to execute on the measures we discussed last quarter to manage our expenses and are reviewing our sales execution and other aspects of our strategy.”


Including today’s announcement from Envivio, a number of broadcast vendors have reported sluggish sales or have issued profit warnings this year:



Related Content:

Press Release: Envivio Provides Preliminary Revenue Results for Third Quarter Fiscal 2013 Nasdaq

Envivio Reports Lower Q2 2013 Results, Takes Actions to Reduce Operating Costs

Envivio Warns that its Q2 FY2013 Revenue Will be Significantly Below Previously Issued Guidance

Envivio Beats Expectations in First Quarter as Public Company as Revenue Jumps 35 Percent


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