Business Objects announces Q4 sales results

26 Feb '08

3 min read

Business Objects, the world's leading provider of business intelligence (BI) solutions announced results for the fourth quarter and fiscal year ended December 31, 2007. On January 21, 2008, Business Objects became a majority-owned subsidiary of SAP AG.

For the fourth quarter of fiscal year 2007:
•Total revenues were $444 million, up 20 percent year-over-year.
•License revenues were $199 million, up 11 percent year-over-year.
•Maintenance revenues were $177 million, up 29 percent year-over-year.
•Services and other revenues, including consulting and training, were $68 million, up 26 percent year-over-year.
•US GAAP diluted earnings per share were $0.14, versus $0.37 in the fourth quarter of 2006.
•Non-GAAP diluted earnings per share were $0.41, versus $0.60 in the fourth quarter of 2006.
•The year-over-year decrease in US GAAP and non-GAAP EPS is primarily due to increases in tax reserves.

For fiscal year 2007:
•Total revenues were $1.510 billion, up 20 percent year-over-year.
•License revenues were $624 million, up 11 percent year-over-year.
•Maintenance revenues were $636 million, up 28 percent year-over-year.
•Services and other revenues, including consulting and training, were $250 million, up 28 percent year-over-year.
•US GAAP diluted earnings per share were $0.55, versus $0.79 in fiscal year 2006.
•Non-GAAP diluted earnings per share were $1.69, versus $1.64 in fiscal year2006.

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