• 1Q total revenue of $25.3 million, up 58% year-over-year
  • 1Q total billings of $28.2 million, up 52% year-over-year
  • 1Q cash flow generated from operations of $2.1 million
  • Recent launch of the next generation Jive platform and Try Jive 30-day free trial, set the stage for accelerated social business software adoption and expansion of market leadership position


PALO ALTO, Calif., May 8, 2012 (GLOBE NEWSWIRE) -- Jive Software, Inc. (Nasdaq:JIVE), today announced financial results for its first quarter ended March 31, 2012.

"The first quarter was a strong start to 2012, highlighted by revenue and profitability that outperformed our guidance," stated Tony Zingale, Chairman & CEO of Jive. Zingale added, "The social business market is nearing its tipping point, and we are poised to take full advantage of this shift. With the recent announcement of Jive's next generation social business platform and Try Jive, the 30-day free trial of that platform, we are extending our multi-year technology lead and continuing to establish Jive as the clear choice for social business solutions among the world's most successful organizations."

 

...

 

Niko Felix

Jive On!

Posted by Niko Felix May 2, 2012

Awesome news coming out of Jive today -- the biggest since our IPO! Jive is again setting the bar for Social Business.

 

So what's the news? First we are announcing the release of our next-generation platform packed with new features including Jive Anywhere, Jive Edge and enhancements to Jive What Matters. Check out more details in the release below.

 

We're also annoucing a new 30-day free trial with Try Jive, giving one-click access to make it simple for users to adopt the Jive platform. Try it for yourself here: Try Jive - Free 30-Day Trial

 

Lastly, we are introducing an all new way to interact with Social Business applications with Jive !App Experiences that seamlessly integrates applications into the social business workflow.

 

Like I said, awesome stuff right? Find out more by checking out the releases below.

 

 

 

 

For even more additional info and to view video demos, visit Jive: http://www.jivesoftware.com/social-business/platform/next-gen

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