Demandware Inc. (DWRE)

[KICK1]

Congrats guys $DWRE$

[UserAlias1]

Demandware Announces Record Fourth-Quarter and Year-End 2014 Financial-Results

Last update: 19/02/2015 7:00:01 am

Demandware Announces Record Fourth Quarter and Year End 2014 Financial Results

Record fourth quarter subscription revenue of $49.2 million, a 47% increase year over year and 50% on a constant currency basis

Record number of customers and sites go live on Demandware Commerce Cloud platform

BURLINGTON, Mass.--(BUSINESS WIRE)--February 19, 2015--

Demandware(R) , Inc. (NYSE: DWRE), the industry's leading provider of enterprise cloud commerce solutions, today announced record financial results for its fourth quarter and year ended December 31, 2014.
-- Record full year subscription revenue of $145.9 million, a 52% increase
year over year

-- Live customers reached 267 at year end, an increase of 31% from 204 at
year end 2013

-- Live sites reached 1,143 at year end, an increase of 39% from 820 at year
end 2013

-- Average revenue per customer expanded to $578,000 in 2014 up from
$515,000 in 2013

-- 22 customers generated more than $100 million in gross merchandise value
over the Demandware platform in 2014, up from 17 customers in 2013

-- Subscription dollar retention rate exceeded 100% in 2014 and customer
churn was less than 5%

-- Contract backlog (consisting of unbilled committed minimum subscription
plus deferred revenue) reached $461.7 million as of December 31, 2014, an
increase of 37% over $336.5 million as of December 31, 2013. Backlog
increased 42% on a constant currency basis(1)

-- Early in 2015, Demandware closed the acquisition of Tomax, an enterprise
cloud software company that provides an integrated solution for retail
point-of-sale (POS) and store operations

"In 2014, we posted another year of record results," stated Tom Ebling, Chief Executive Officer of Demandware. "The innovation and agility of our cloud platform empowered clients to grow significantly faster than ecommerce industry benchmarks, which enabled us to again outperform expectations. We entered 2014 with three major strategic imperatives -- further penetrate large enterprise accounts, expand internationally, and enhance our omni-channel capabilities. We executed against each initiative. During the year, we signed enterprise scale customers including Charles Tyrwhitt, Panasonic, GoPro and Jack Willis and large clients such as 1-800 CONTACTS, Payless ShoeSource, Jack Wolfskin, and Wolverine Worldwide went live on the platform. We expanded deeper into the Asia Pacific region, bolstered our European operations and enriched our omni-channel capabilities with distributed order management and the Digital Store solution. The execution of our strategy in 2014 and our acquisition of Tomax in early 2015, puts Demandware in a strong position to drive the transformational change in retail from ecommerce to in-store operations."

Subscription revenue in the fourth quarter was $49.2 million, a 47% increase over $33.5 million in the fourth quarter of 2013. Total revenue for the fourth quarter was $52.5 million, a 43% increase from $36.6 million in the fourth quarter of 2013. (1) The financial results presented in this press release reflect the Company's revised services revenue recognition policy.

Total subscription revenue for the full year 2014 was $145.9 million, an increase of 52% over $95.7 million a year ago. Total revenue for the year ended December 31, 2014 reached $160.6 million, an increase of 51% over $106.6 million in 2013. (1)
-- Demandware signed significant new contracts during the quarter including
American Giant, Charles Tyrwhitt, Lola & Liza, Ganni, Movado, Poppin,
Vibram, and Yumi International.

-- The Cambridge Satchel Company, Dooney & Bourke, Jonathan Adler, Gurwitch
Products (Laura Mercier), Marc O'Polo, Men at Work, Pacific Coast Feather,
Samsonite, and Vestis Group (Bob's Stores) launched new initial sites
during the quarter.

-- Existing customers like Icebreaker, Jarden Consumer Solutions, L'Oreal,
Rituals, Rocky Brands, Sandro, Sleepy's, Skullcandy, and World Kitchen,
launched commerce sites for new geographies or for new brands on the
Demandware Commerce Cloud platform.

"Our investments in growth and innovation delivered strong results in 2014," stated Tim Adams, Demandware Chief Financial Officer. "We had strong customer acquisition across all geographies and we rolled out eight major platform releases, not to mention our acquisitions of Mainstreet and CQuotient. During the year, we signed ten new seven digit customers, up from five customers last year. In addition, our average revenue per customer increased to $578,000, demonstrating the tremendous value we provide to our customers. As we look into 2015 and beyond, we plan to continue to invest in sales and marketing and research and development to sign customers as quickly as possible, extend our reach deeper into Asia and Europe and expand our technological leadership. With our success in 2014, we are well positioned to grow our business in 2015 and beyond."

Demandware's GAAP net loss attributable to common stockholders for the fourth quarter of 2014 was $3.8 million, or $(0.11) per basic and diluted share, as compared to net income attributable to common stockholders of $2.9 million, or $0.09 per basic share and $0.08 per diluted share, for the fourth quarter of 2013. (1) Demandware's GAAP net loss attributable to common stockholders for the year ended December 31, 2014 was $27.1 million, or $(0.78) per basic and diluted share, as compared to a net loss attributable to common stockholders of $18.0 million, or $(0.58) per basic and diluted share for the year ended December 31, 2013. (1)

Non-GAAP net income for the fourth quarter of 2014 was $5.0 million, or $0.14 per basic and $0.13 per diluted share, as compared to non-GAAP net income of $6.7 million, or $0.21 per basic share and $0.19 per diluted share for the fourth quarter of 2013. (1) (2) Non-GAAP net income for the year ended December 31, 2014 was $4.2 million or $0.12 per basic share and $0.11 per diluted share, as compared to non-GAAP net loss of $3.3 million, or $(0.11) per basic and diluted share, for 2013. (1) (2)

At December 31, 2014, we had $243.7 million in cash, cash equivalents and short term investments on the balance sheet, as compared to $279.6 million at December 31, 2013.

(1) (In its Annual Report on Form 10-K for the year ended December 31, 2014, Demandware will revise its financial statements for the periods ended December 31, 2012, December 31, 2013 and the first nine months of 2014 to correct an immaterial error related to its revenue recognition policy for implementation services.) (All of the financial results presented in this press release reflect the Company's revised services revenue recognition policy.)

(2) Non-GAAP gross margin, non-GAAP subscription gross margin, Non-GAAP net income (loss) and non-GAAP net income (loss) per share excludes expenses related to stock-based compensation, compensation expense related to contingent retention bonuses and amortization of intangible assets related to acquisitions in 2014.

Conference Call

To access the call today at 8:30am, please dial [phone] in the U.S. or [phone], internationally. The Passcode for the call is: 10851395. A live webcast of the call will also be available on the investor relations section of the company's website. An audio replay will be available for one week following the conclusion of the call through February 26, 2015. The replay number is [phone] in the U.S. or [phone] internationally. The Passcode for the replay is: 17116870.

About Demandware

Demandware, the category defining leader of enterprise cloud commerce solutions, empowers the world's leading retailers to continuously innovate in our complex, consumer-driven world. Demandware's open cloud platform provides unique benefits including seamless innovation, the LINK ecosystem of integrated best-of-breed partners, and community insight to optimize customer experiences. These advantages enable Demandware customers to lead their markets and grow faster. For more information, visit www.demandware.com, call [phone] or email [e-mail].

Forward-looking Statements

This release contains forward-looking statements, including statements regarding Demandware's future financial performance, market growth, the demand for Demandware's solutions, general business conditions and the potential impact of revisions in the timing of recognition of services revenue. Any forward-looking statements contained in this press release are based upon Demandware's historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent Demandware's expectations as of the date of this press release. Subsequent events may cause these expectations to change, and Demandware disclaims any obligation to update the forward-looking statements in the future. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, our ability to attract new customers; the extent to which customers renew their contracts for our solution; the seasonality of our business; our ability to manage our growth; the variance of our business from quarter to quarter; the continued growth of the market for digital commerce software; the timing and success of solutions offered by our competitors; unpredictable macro-economic conditions; the loss of any of our key employees; the length of the sales and implementation cycles for our solutions; increased demands on our infrastructure; costs associated with operating as a public company; failure to protect our intellectual property; changes in current tax or accounting rules; and other risks and uncertainties. Further information on

(MORE TO FOLLOW) Dow Jones Newswires

February 19, 2015 07:00 ET (12:00 GMT)

[imok221]

what a huge pump and dump, who the heck would offer to buy a company that is overvalue

[Tradescott818]

What happnend here? Anyone?

[stocktrademan]

$DWRE recent news/filings

bullish optionable

## source: finance.yahoo.com

Fri, 08 Aug 2014 11:08:23 GMT ~ Demandware Executives to Present at Upcoming Investor Conferences

[at noodls] - BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 8, 2014-- Demandware®, Inc. (NYSE: DWRE), the industry-leading provider of enterprise cloud commerce solutions, today announced that the company will present at ...

read full: http://www.noodls.com/view/A8C8D56254713731A261968E0E5E48A50AB30EE0
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Fri, 08 Aug 2014 11:00:00 GMT ~ Demandware Executives to Present at Upcoming Investor Conferences

[Business Wire] - Demandware®, Inc. , the industry-leading provider of enterprise cloud commerce solutions, today announced that the company will present at the following conferences:

read full: http://finance.yahoo.com/news/demandware-executives-present-upcoming-investor-110000288.html
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Thu, 07 Aug 2014 12:23:54 GMT ~ Tervis Selects Demandware to Enhance its Digital Commerce Experience

[at noodls] - Innovative drinkware maker will centralize B2C and B2B commerce on Demandware's cloud platform BURLINGTON, Mass.--(BUSINESS WIRE)--Aug. 7, 2014-- Demandware®, Inc. (NYSE: DWRE), the industry-leading provider ...

read full: http://www.noodls.com/view/F3BF915AA36BE47B0C5670FAB3303DAEA26B5E3B
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Thu, 07 Aug 2014 12:00:00 GMT ~ Tervis Selects Demandware to Enhance its Digital Commerce Experience

[Business Wire] - Demandware®, Inc. , the industry-leading provider of enterprise cloud commerce solutions, today announced that Tervis Tumbler Company, one of the most recognizable and innovative tumbler makers in the U.S., selected the Demandware Commerce platform to enhance digital commerce operations, grow online revenue and expand internationally.

read full: http://finance.yahoo.com/news/tervis-selects-demandware-enhance-digital-120000702.html
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Tue, 05 Aug 2014 12:30:00 GMT ~ Demandware Inc Earnings Call scheduled for 8:30 am ET today


read full: http://biz.yahoo.com/cc/1/144401.html
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$DWRE charts

basic chart ## source: stockcharts.com



basic chart ## source: eoddata.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$DWRE company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/DWRE/company-info
Ticker: $DWRE
OTC Market Place: Not Available
CIK code: not found
Company name: Demandware Inc.
Incorporated In:


$DWRE share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available
$DWRE extra dd links

Company name: Demandware Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=DWRE+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=DWRE+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=DWRE+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/DWRE/news - http://finance.yahoo.com/q/h?s=DWRE+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/DWRE/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/DWRE/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=DWRE+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/DWRE
DTCC (dtcc.com): http://search2.dtcc.com/?q=Demandware+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Demandware+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Demandware+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/DWRE
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/DWRE/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/DWRE/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=DWRE&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=DWRE
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/DWRE/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=DWRE+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=DWRE+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=DWRE
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=DWRE
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=DWRE+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/DWRE/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=DWRE+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/DWRE.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=DWRE
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/DWRE/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/DWRE/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/DWRE
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/DWRE
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/DWRE:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=DWRE
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=DWRE



$DWRE DD Notes ~ http://www.ddnotesmaker.com/DWRE

[Watchtower]

Veryy nice indeed.. dwre you kick a$$.

[Watchtower]

Why did insiders cash out at ~27 weeks within strong earnings report? Why not after? Oh well, nice run, out at target 30, peachy. Till next time perhaps...

[Watchtower]

DEMANDWARE

DIGITAL COMMERCE FOR THE CHANGING FACE OF RETAIL


Built for the New Retail Reality

Demandware Commerce is the only digital commerce platform that delivers the speed, agility, innovation and superior economics you need to master the new retail reality. The ubiquity of internet access, across a myriad of devices, is forever changing how consumers interact with retailers, ensuring that retail tomorrow will be different than today. Our enterprise cloud platform is built for the new retail reality. It is scalable, secure and always current. It eliminates the barriers and complexities of traditional licensed software so that you can focus on targeting and serving your best customers, and executing the strategic business initiatives that drive growth.

Speed and Agility

With intuitive applications for both business and technical users, your merchants, developers and operations teams are empowered to respond with speed and agility to new market opportunities and unforeseen consumer expectations. They can quickly execute omni-channel merchandising and marketing; manage operations globally; and develop unique capabilities and experiences that differentiate your brand.




Continuous Innovation

Seamless upgrades deliver continuous innovation without disrupting your business, ensuring that platform functionality is always current. Pre-built integrations to third-party technologies allow you to deploy complementary technologies quickly and cost-effectively. Create tailored and relevant digital shopping experiences that differentiate you from the competition and grow market share.




Scalable, Secure and Reliable

Whatever your expansion strategy, a secure technology backbone allows you to grow with confidence. State-of-the-art data centers across the globe are readily available for you to plug into. We ensure optimal performance, security and uptime even during seasonal peaks, so you can focus your resources on your strategic initiatives.
Superior Growth, Superior Economics

Launch new sites faster, across channels, geographies and brands without purchasing additional licenses and investing in more infrastructure to support your growth. Our pricing model is predictable, transparent and aligned to your business goals. This keeps us focused and accountable to your ongoing success. There are no hidden fees. No surprises. With a total cost of ownership that is half the cost of licensed software, the superior economics are clear.

http://www.demandware.com/product/the-big-picture

[Watchtower]

STREAMLINED DIGITAL COMMERCE.

Businesses are resorting to it more and more these days I hear.. it's like selling "turn-key" relevance, definitely a growing demand, did PAYPAL not teach you anything?

Growth of digital commerce = exponential cash-flow. Which side you gonna be on when you recognize this later? I'll be the one selling you the tickets then. Lol...

[Watchtower]

Take a look at their numbers..

http://finance.yahoo.com/q/is?s=dwre

http://www.google.com/finance?q=NYSE%3ADWRE&fstype=ii&ei=LQBEUfjyIMmkqQGgOA


I've been buyin just based on these numbers alone, in correlation to what I would consider all the obvious signals - but don't take MY word for it!

STRONG BUY

[imin]

just checked back in. Wow! What's driving this ops?

[rwh88]

dwre is killing it right now

[KICK1]

not here

[imin]

new to this site and trading. is 100 shares the minimum order?

[KICK1]

Going long baby! DWRE!

[KICK1]

Surf's up!