Analysts had expected the company to earn $0.12 per share on revenues of $74.20 million for the quarter.
Full-Year Highlights:
Reported revenue increased 13% year-over-year to $266.3 million
Deferred revenue increased 27% year-over-year to end at $98.3 million
Non-GAAP earnings per share of $0.29 and GAAP earnings per share of $0.26
Non-GAAP cash flow from operations of approximately $51 million, excluding restructuring related payments of $1.8 million; GAAP cash flow from operations of approximately $49 million
Fourth Quarter Financial Highlights:
Reported revenue increased 11% year-over-year to $70.2 million
Deferred revenue increased 12% sequentially vs. Q3 FY06
Non-GAAP net income of $10.3 million and GAAP net income of $10.3 million
Non-GAAP earnings per share of $0.11 and GAAP earnings per share of $0.11
Non-GAAP cash flow from operations of approximately $16 million, excluding restructuring related payments of $579,000; GAAP cash flow from operations of approximately $15.5 million
(Full VDC Coverage Tomorrow)
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