DGAP-Adhoc: Intershop Communications AG Reports First Quarter 20...

-1 of 2- 26 Apr 2007 06:33:00 UTC  DJ DGAP-Adhoc: Intershop Communications AG Reports First Quarter 2007 Financial Results
Intershop Communications AG / Quarter Results 26.04.2007 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- Jena, Germany - April 26, 2007 - Intershop Communications AG (Prime Standard: ISH2) today announced financial results for the first quarter of 2007, ended March 31, 2007. First quarter 2007 revenue rose 11% as against the previous quarter from Euro 5.5 million to Euro 6.1 million, compared with Euro 5.1 million in the first quarter of 2006. License revenue totaled Euro 0.8 million in the first quarter of 2007 as against the fourth quarter of 2006 to Euro 1.0 million, compared with Euro 1.8 million in the first quarter of 2006. In Q1 2006, license revenues included EUR 1.4 million in revenues from a major order. Service revenue totaled Euro 5.3 million in the first quarter 2007, as compared to Euro 4.5 million in the fourth quarter 2006 and Euro 3.3 million in first quarter 2006. Adjusted for online marketing revenues, service revenues amounted to EUR 3.8 million in the first quarter of 2007 and EUR 3.5 million in the fourth quarter of 2006. Total operating costs (cost of revenues plus operating expenses) were Euro 7.5 million in the first quarter of 2007, compared with Euro 7.5 million in the previous quarter and Euro 6.4 million in the first quarter of 2006. The cost of revenues included online marketing costs of EUR 1.4 million in Q1 2007 and EUR 1.0 million in Q4 2006. Intershop recorded a net loss of Euro 1.4 million or Euro 0.07 per share in the first quarter of 2007, as compared to a net loss of Euro 2.0 million or Euro 0.09 per share in the fourth quarter of 2006. Compared to the first quarter of 2006, Intershop's net loss was Euro 1.5 million or Euro 0.07 per share. Total cash, including cash and cash equivalents, marketable securities, and restricted cash were Euro 8.1 million as of March 31, 2007, compared to Euro 11.2 million as of December 31, 2006. The amount of unrestricted cash included in this total amounting to EUR 1.8 million as of March 31, 2007, compared to Euro 3.6 million as of December 31, 2006. Intershop expects to generate a positive net result and positive cash flow in fiscal year 2007 due to significant cost reductions, particularly in sales and marketing, as well as further measures. The full press release relating to this adhoc disclosure is available at www.intershop.com. Public Relations: Dana Schmidt T: +49-3641-50-1000 F: +49-3641-50-1002 pr@intershop.com Investor Relations: Annett Koerbs T: +49-3641-50-1370 F: +49-3641-50-1309 ir@intershop.com DGAP 26.04.2007 =-------------------------------------------------------------------------- Language: English Issuer: Intershop Communications AG Intershop Tower 07740 Jena Deutschland Phone: +49 (0)3641-50-0 Fax: +49 (0)3641-50-1002 E-mail: ir@intershop.de www: www.intershop.de ISIN: DE000A0EPUH1, DE000A0C4ZE3 WKN: A0EPUH, A0C4ZE Indices: CDAX, PRIMEALL, TECHALLSHARE Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service =-------------------------------------------------------------------------- (END) Dow Jones Newswires

   April 26, 2007 02:33 ET (06:33 GMT)- - 02 33 AM EDT 04-26-07

-2 of 2- 26 Apr 2007 06:33:00 UTC  DJ DGAP-Adhoc: Intershop Communications AG Reports First Quarter 2007 Financial Results
Intershop Communications AG / Quarter Results 26.04.2007 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- Jena, Germany - April 26, 2007 - Intershop Communications AG (Prime Standard: ISH2) today announced financial results for the first quarter of 2007, ended March 31, 2007. First quarter 2007 revenue rose 11% as against the previous quarter from Euro 5.5 million to Euro 6.1 million, compared with Euro 5.1 million in the first quarter of 2006. License revenue totaled Euro 0.8 million in the first quarter of 2007 as against the fourth quarter of 2006 to Euro 1.0 million, compared with Euro 1.8 million in the first quarter of 2006. In Q1 2006, license revenues included EUR 1.4 million in revenues from a major order. Service revenue totaled Euro 5.3 million in the first quarter 2007, as compared to Euro 4.5 million in the fourth quarter 2006 and Euro 3.3 million in first quarter 2006. Adjusted for online marketing revenues, service revenues amounted to EUR 3.8 million in the first quarter of 2007 and EUR 3.5 million in the fourth quarter of 2006. Total operating costs (cost of revenues plus operating expenses) were Euro 7.5 million in the first quarter of 2007, compared with Euro 7.5 million in the previous quarter and Euro 6.4 million in the first quarter of 2006. The cost of revenues included online marketing costs of EUR 1.4 million in Q1 2007 and EUR 1.0 million in Q4 2006. Intershop recorded a net loss of Euro 1.4 million or Euro 0.07 per share in the first quarter of 2007, as compared to a net loss of Euro 2.0 million or Euro 0.09 per share in the fourth quarter of 2006. Compared to the first quarter of 2006, Intershop's net loss was Euro 1.5 million or Euro 0.07 per share. Total cash, including cash and cash equivalents, marketable securities, and restricted cash were Euro 8.1 million as of March 31, 2007, compared to Euro 11.2 million as of December 31, 2006. The amount of unrestricted cash included in this total amounting to EUR 1.8 million as of March 31, 2007, compared to Euro 3.6 million as of December 31, 2006. Intershop expects to generate a positive net result and positive cash flow in fiscal year 2007 due to significant cost reductions, particularly in sales and marketing, as well as further measures. The full press release relating to this adhoc disclosure is available at www.intershop.com. Public Relations: Dana Schmidt T: +49-3641-50-1000 F: +49-3641-50-1002 pr@intershop.com Investor Relations: Annett Koerbs T: +49-3641-50-1370 F: +49-3641-50-1309 ir@intershop.com DGAP 26.04.2007 =-------------------------------------------------------------------------- Language: English Issuer: Intershop Communications AG Intershop Tower 07740 Jena Deutschland Phone: +49 (0)3641-50-0 Fax: +49 (0)3641-50-1002 E-mail: ir@intershop.de www: www.intershop.de ISIN: DE000A0EPUH1, DE000A0C4ZE3 WKN: A0EPUH, A0C4ZE Indices: CDAX, PRIMEALL, TECHALLSHARE Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service =-------------------------------------------------------------------------- (END) Dow Jones Newswires

   April 26, 2007 02:33 ET (06:33 GMT)- - 02 33 AM EDT 04-26-07