Exhibit 99.1

JIVE SOFTWARE ANNOUNCES FOURTH QUARTER AND FULL YEAR 2016 RESULTS

Company Delivers Record Quarterly Revenue of $51.7 Million


Palo Alto, Calif.February 7, 2017Jive Software, Inc. (NASDAQ: JIVE), the leading provider of modern communication and collaboration solutions for business, today announced financial results for its fourth quarter and year ended December 31, 2016.

“Strong execution resulted in another quarter that exceeded our expectations as we achieved record revenue, continued to improve profitability, increased cash flow from operations and gained momentum across the business,” said Elisa Steele, CEO of Jive Software. “GAAP income from operations for the fourth quarter was $0.6 million, an increase of $8.2 million compared to one year ago. Non-GAAP operating income was $5.1 million, and represents the third quarter in a row that we have delivered on our commitment to operate within a sustainably profitable non-GAAP operating model. In addition, we generated $9.8 million in positive cash flow from operations compared to negative $4.2 million in the fourth quarter last year.”
“Based on the transformation work we did in 2016 to realign the company, we are strategically poised for success as we enter 2017. We have made great strides in our operational excellence initiatives, and have positioned Jive’s unique value proposition in the market to solve the growing problems of digital fragmentation across the enterprise workplace. We have stabilized the business, and we are vigorously building the foundation for future growth while maintaining a disciplined cost structure. We are confident that we are doing all the right things to generate increased demand for our products, as well as drive long-term value for both customers and shareholders,” said Steele.
Fourth Quarter 2016 Financial Highlights
 
Revenue: Total revenue for the fourth quarter was $51.7 million, which is an all-time quarterly record and represents an increase of 3% on a year-over-year basis. Within total revenue, product revenue was $47.6 million for the fourth quarter, an increase of 2% on a year-over-year basis. Professional services revenue for the fourth quarter was $4.1 million, an increase of 14% on a year-over-year basis.

Non-GAAP Billings: Short-term billings, which Jive defines as revenue plus the change in short-term deferred revenue, were $65.5 million for the fourth quarter, an increase of 9% year-over-year. Total billings, which Jive defines as revenue plus the change in short and long-term deferred revenue, was $69.1 million, an increase of 21% on a year-over-year basis.

Gross Profit: GAAP gross profit for the fourth quarter of 2016 was $36.1 million, compared to $31.5 million for the fourth quarter of 2015. GAAP gross margin for the fourth quarter of 2016 was 70% compared to 63% for the fourth quarter of 2015. Non-GAAP gross profit was $37.0 million for the fourth quarter, an increase of 12% year-over-year. Non-GAAP gross margin for the fourth quarter of 2016 was 72% compared to 66% for the fourth quarter of 2015.

Income from Operations: GAAP income from operations for the fourth quarter was $0.6 million, compared to a GAAP loss from operations of $7.6 million for the fourth quarter of 2015. Non-GAAP income from operations was $5.1 million for the fourth quarter, compared to a non-GAAP loss from operations of $2.9 million for the fourth quarter of 2015.

Net Income: GAAP net income for the fourth quarter was $0.9 million, compared to a GAAP net loss of $8.5 million for the same period last year. GAAP net income per diluted share for the fourth quarter was $0.01, compared to a GAAP net loss per diluted share of $0.11 for the same period last year.

Non-GAAP net income for the fourth quarter was $5.4 million, compared to a non-GAAP net loss of $3.9 million for the same period last year. Non-GAAP net income per diluted share for the fourth quarter was $0.07, compared to a non-GAAP net loss per diluted share of $0.05, for the same period last year.
 
Balance Sheet and Cash Flow: As of December 31, 2016, Jive held cash and cash equivalents and marketable securities of $109.2 million, compared to $102.5 million as of September 30, 2016. Cash generated from operations was $9.8 million. The company invested $1.1 million in capital expenditures and used $0.1 million to finance capital leases, leading to positive free cash flow of $8.6 million for the fourth quarter of 2016. In the fourth quarter of 2015, cash used in operations was $4.2 million and the company invested $1.7 million in capital expenditures, leading to negative free cash



The following information was filed by Jive Software, Inc. (JIVE) on Tuesday, February 7, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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