Business Objects announces Q4 sales results

26 Feb '08

3 min read

“We had another very solid year in 2007, with revenues exceeding the $1.5 billion milestone and double-digit year-over-year growth in all geographies,” said John Schwarz, chief executive officer of Business Objects.

“Despite integration distractions and weakness in the financial sector over the second half of 2007, we continued to grow and prosper with new solution offerings for customers, numerous innovative product launches, acquisitions, and alliances that expand our reach. Now in combination with SAP, we expect to improve our access to CIOs, CFOs and other line-of-business executives to help them transform their organizations by connecting people, information and businesses.”

All figures referred to herein are stated in US dollars unless otherwise indicated. On a constant currencies basis for the fourth quarter of fiscal year 2007, total revenues were up 12 percent year-over-year, license revenues were up 3 percent year-over-year, maintenance revenues were up 22 percent year-over-year, and services and other revenues were up 18 percent year-over-year.

On a constant currencies basis for fiscal year 2007, total revenues were up 15 percent year-over-year, license revenues were up 6 percent year-over-year, maintenance revenues were up 22 percent year-over-year, and services and other revenues were up 22 percent year-over-year.

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