Hyperion Release June 99 results.
Software license sales way down, a bad sign. Probably a down day tomorrow.
Three Months Ended Year Ended
June 30, June 30,
1999 1998 1999 1998
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Revenues
Software licenses $ 52,377 $ 75,952 $205,991 $214,297
Maintenance and services 59,022 48,125 218,894 162,796
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Total revenues 111,399 124,077 424,885 377,093
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Costs and expenses
Cost of revenues:
Software licenses 1,879 3,096 7,799 10,335
Maintenance and services 30,152 26,607 115,265 93,829
Sales and marketing 44,609 41,120 164,913 133,124
Research and development 16,968 14,716 63,813 48,957
Acquired in-process
technology 3,000
General and administrative 10,461 8,759 38,500 35,557
Merger costs (credits) (2,327) 19,473
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101,742 94,298 409,763 324,802
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Operating income 9,657 29,779 15,122 52,291
Interest income 2,585 1,600 11,029 5,031
Interest expense (1,413) (295) (5,378) (641)
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Income before income taxes 10,829 31,084 20,773 56,681
Provision for income taxes 4,150 11,417 12,800 21,924
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Net income $ 6,679(a) $ 19,667 $ 7,973(a) $ 34,757
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Earnings per share
Basic $ .22 $ .67 $ .26 $ 1.19
Diluted $ .22(a) $ .63 $ .26(a) $ 1.13
Average number of shares
outstanding
Basic 30,391 29,366 30,196 29,121
Diluted 30,948 31,145 30,855 30,770 |
