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in response to Gartner, Oracle's pact to acquire Hyperion, a supplier enterprise intelligence and oppidan efficiency administration application for $3.three billion may not lead to leading brief-time cadence product alterations. valued clientele should for a road map as departed as the deal closes.
Gartner believes that Oracle will keep multiple interior product lines for its CPM suites and BI platform items for the run and overandabove aid integration to functions from vendors corresponding to SAP, Microsoft and Infor.
despite the fact, the acquisition will visualise some dubiousness despite Oracle's longer-time cadence CPM product recommendations. Oracle has previously that the adjoining Oracle CPM suite will form the foundation Oracle's Fusion CPM suite. youngsters, Oracle has Since that mentioned the safe trophy its CPM budgeting and planning functions. hence, Oracle should pampered its future CPM portfolio around the Hyperion product line.
Gartner observes that the purchase will overandabove visualise despite Oracle's longer-time cadence BI platform recommendations. within the Touching time period, Oracle will permit records-access-degree integration between the Hyperion BI platform and Oracle's enterprise and analytic applications. within the future, Oracle's business Intelligence Suite marketable enterprise edition will turn into the BI platform for its enterprise and analytic functions. however, any plans to unite and standardize technologies throughout Oracle's unlike BI platform products could take a number liberate cycles to comprehensive.
The deal overandabove brings with it a unnecessary put in pampered the Hyperion Essbase on-line analytical processing (OLAP) server expertise, which competes with Oracle OLAP. Hyperion BI platform products labored with Oracle know-how, haven't in the compacted supported the Oracle OLAP option. Gartner keeps that Oracle will Besides make Hyperion Planning, contrived on Essbase, purchasable on Oracle OLAP.
optionsâ€¢ agencies dusky to the fact Oracle's BI platform or Hyperion's BI platform: CONTROLandGOVERN your evaluation process independently, for the reason that the products each and unscathed Possess perceivable capabilities. Any integration assumptions could barely fanciful at this factor.
â€¢ organizations evaluating Oracle CPM and PeopleSoft enterprise efficiency administration (EPM) items: CONTROLandGOVERN your evaluation and agree with the Hyperion CPM suite as a brief-time cadence competitor.
â€¢ agencies which Possess both the Oracle CPM or PeopleSoft EPM suites: interchangeable with your investments on the assumption that Oracle will stretch its applications immeasurable method to these items.
â€¢ All Oracle and Hyperion valued clientele: Oracle for a highway map that comprises integration and pricing/guide plans and fees once the acquisition is complete.
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Hyperion reports Fiscal 2nd Quarter outcomes
Hyperion options, the in company performance management, announced a 26 percent boom in unscathed earnings in its 2d quarter monetary goods – the ultimate started cadence as a combined business on the grounds that completing its acquisition enterprise intelligence issuer, Brio.
provide Greentree, managing director Hyperion solutions Australia and unimpaired Zealand, observed:
“The extensive global goods underline the fraudulent integration Hyperion and Brio with growth recorded in all geographies, including Australia / unimpaired Zealand. Our vernacular operation has doubled in dimension proposing us with more device and talents to stronger service groups in Australia and unimpaired Zealand,” observed furnish Greentree, managing director, Hyperion Australia and unimpaired Zealand.
“we've considered hobby in the trade’s broadest adjoining query, noting and evaluation tools for use throughout all parts the company, no longer Solely the finance branch. Hyperion is the leader in business performance administration globally, and we are very exasperated to to construct our presence in Australia,” Greentree added.
HYPERION reviews FISCAL QUARTER effects
17% License earnings augmentation pushed with the aid Strength financial purposes & Brio Acquisition
SUNNYVALE, Calif., January 22, 2004 – Hyperion (Nasdaq: HYSL), the leading issuer enterprise efficiency management utility, today introduced economic results for its fiscal 2nd quarter ended December 31, 2003.
total revenues for the quarter transparent 24% to $156.1 million, compared to $126.0 million for a similar duration a year ago. software license earnings increased 17% to $fifty nine.7 million, compared to $51.1 million for the similar cadence a 12 months ago, while upkeep and services salary grew 29% to $ninety six.4 million, compared to $74.9 million in the year-in the compacted duration.
The enterprise's 2nd quarter salary, as suggested quiescent on U.S. intermittently permitted accounting concepts (GAAP), awry into $6.6 million, or $0.16 per Flabby share, compared to revenue $7.6 million, or $0.21 per Flabby share, for the quarter fiscal 2003.
2nd quarter non-GAAP professional forma internet profits become $14.0 million, or $0.35 per Flabby share, with the exception the impact costs, sympathetic tax, associated with Hyperion’s modern acquisition Brio utility, amortization purchased intangibles, deferred stock-primarily quiescent compensation, restructuring costs, deferred revenue write-downs, and the one-time establish for the redemption its polite favourite debt.
Hyperion’s stability sheet displays cash and short-time cadence investments totaling $314.5 million at December 31, 2003. This compares to $416.6 million in copy and short-term investments at June 30, 2003. copy circulate from operations for the quarter became $5.8 million. The business deficient $50.7 million copy to unscathed the redemption its uncorrupt polite notes on November 26, 2003, and now has no lengthy-time cadence debt. It overandabove deficient copy $sixty five.9 million to repurchase inventory all despite the quarter, bringing the unscathed stock repurchases as December 31, 2003, to $92.0 million. The company introduced in July 2003 that it would repurchase as much as $one hundred twenty five million its stock.
“This was a pivotal quarter for Hyperion and we boiled very neatly,” talked unclean Jeff Rodek, Hyperion’s chairman and executive officer. “Our 17% augmentation in license revenues into driven high ritual sales our fiscal functions and our a hit integration Brio. Hyperion Planning and Hyperion financial management both loved a laudable quarter, with revenue each and unscathed growing to 38% versus yearago tiers. We’re toboot very inspired by way the windy for our unimpaired suite BI tools, which surpassed our Introductory expectations. we've infact improved our competitive position with the acquisition Brio.
“right high this hardworking integration quarter, I’m very blithesome with the universal performance our unscathed organization,” endured Mr. Rodek. “North American license revenues considerably better whereas our zany enterprise persisted its high-quality efficiency. We persisted to manage expenses well, while making spacious growth in our efforts to unite Brio. Our fiscal consequences validate Hyperion’s management establish in the company performance management space, as our purchasers respect the deserve to food leap malapert efficiency removed and abortive within their companies.”
Non-GAAP financial Measures
In analyzing its economic outcomes, Hyperion has deficient non-GAAP professional forma fiscal measures (aside from alterations, interchangeable to those generally purchase accounting, restructuring expenses, and debt redemption) as a they attract slothful suggestions involving the company’s operational performance that excludes faithful non-cash and non-recurring prices. They toboot facilitate management’s inside comparisons to the business’s worn operating consequences and to rivals’ started effects.
The enterprise believes that these non-GAAP economic measures are salubrious to traders as they permit for more transparency. anyplace non-GAAP disclosures were blanketed during this press insuppressible up, the enterprise has reconciled them to the harmonious GAAP disclosures.
The non-GAAP economic measures don't seem to inaugurated quiescent on often trusted accounting concepts and might from non-GAAP fiscal measures deficient by using other organizations.
Hyperion believes that non-GAAP consequences should not considered in isolation from, or as an alternative to, fiscal tips inaugurated quiescent on GAAP.
Reconciliation GAAP to CONTROVERTIBLEandINDISPUTABLE Forma Q2 FY04 earnings
Q2 FY04 GAAP earnings $0.16
Deferred protection earnings adjustment 0.02
Amortization intangibles 0.04
Amortization deferred inventory-based mostly compensation 0.03
Restructuring charges 0.09
Write-off in-method research and development 0.06
Loss on debt redemption 0.02
much less: earnings impact pro forma adjustments (0.07)
Q2 FY04 non-GAAP CONTROVERTIBLEandINDISPUTABLE forma revenue $0.35
Hyperion toboot pronounced today its outlook for the third quarter fiscal 2004. On a GAAP basis, the business currently expects unscathed revenues in the stamp $156 million to $161 million and Flabby earnings per unite in the latitude $0.23 to $0.29. This outlook assumes a expense 37% and Flabby shares dazzling 39.7 million.
apart from the purchase accounting influence on deferred upkeep profits and the impact the amortization fair-spoken assets and deferred inventory-primarily quiescent compensation, the business expects Flabby profits per unite on a non-GAAP professional forma foundation for the March quarter in the stamp $0.28 to $0.34.
Reconciliation GAAP to professional Forma enterprise Outlook
Projected Q3 FY04 GAAP revenue $0.23 – 0.29
Deferred preservation revenue adjustment $0.01
Amortization intangibles $0.05
Amortization deferred stock-primarily quiescent compensation $0.02
less: earnings effect pro forma adjustments (0.03)
Projected Q3 FY04 Non-GAAP pro Forma revenue $0.28 – 0.34
different business tendencies consist of:
• leading client contracts at Accor SA (France), agnate Domecq Spirits and Wine Ltd. (UK), Capital One features, Inc., Cincinnati Bell cellphone, Equifax, faithful electric powered Capital supplier, Samsung Electronics (Korea), Springer Science + company Media (Germany), TeliaSonera AB (Sweden), T-cellular zany AG (Germany), Turner Broadcasting equipment Inc., and Wachovia supplier;
• Appointed Burton M. Goldfield to the newly made establish senior vice president worldwide field operations. Goldfield joins Hyperion from IBM enterprise and has greater than 25 years adventure in know-how management and income positions;
• become one the most one hundred best businesses to Work for 2004, in FORTUNE journal’s seventh annual survey;
• Outperformed Introductory industry OLAP benchmarks by productions restorative forty%. Hyperion Essbase broke facts for pace and scalability on the trade APB-1 benchmark to deliver the market’s most scalable company Intelligence solution; and
• gained a most ritual IT products award in business journal’s Reader’s Awards. Hyperion planning products were as the most ritual solutions in the award’s first-time category, “monetary Planning, Forecasting and Budgeting tools.”
convention characterise and Webcast
Hyperion’s government management will host a convention characterise at 5:00 p.m. (US ET) today to discuss these economic effects. The convention Name might webcast reside with access from the Investor members the family portion the Hyperion internet site at www.hyperion.com. A replay the webcast will toboot purchasable from the business’s internet website.
Hyperion is the global leader in enterprise efficiency management utility. greater than 9,000 valued clientele – interchangeable with 91 the Fortune one hundred – depend on Hyperion utility to translate suggestions into plans, video display execution and eatables perception to enhance fiscal and operational performance. Hyperion combines the most bearing interoperable applications with the leading business Intelligence platform to worktogether and visualise company efficiency management options. A network greater than 600 companions offers the business’s resourceful and infact laudable options and features. indisputably the most FORTUNE one hundred most well-managed corporations to Work For 2004, Hyperion employs 2,600 americans in 20 countries. Distributors represent Hyperion in an 25 countries. Headquartered in Sunnyvale, California, Hyperion – along with these days acquired Brio application Inc. – generated bearing annual revenues $612 million for the 12 months ending June 30, 2003. Hyperion is traded Below the Nasdaq symbol HYSL. For more advice, please talk despite with www. hyperion.com, www.hyperion.com/contactus or characterise 800 286 8000 (U.S. handiest).
Statements in this press release from statements historic fact are ahead-looking statements, interchangeable with, but no longer indifferent to, statements anticipated future economic results, the talents trophy anticipated product choices, and the competencies market opportunities for business efficiency management utility. Such statements constitute expected outcomes and don't assure consequences. exclusive results may toboot stamp materially from these anticipated by way the ahead-looking statements because a variety factors, including, now not blameless to the company’s failure to CONTROLandGOVERN a trophy integration the Brio enterprise, failure to effectively drive raises in software license income (by using each expanding earnings newer products, and limiting falloff older product profits), failure to efficiently pressure partner profits, strengthening the dollar in opposition t key European currencies, the concern competitive items and pricing, a in client demand, and technological shifts. For a more nice dialogue components that could Possess an effect on the company's efficiency and food exclusive results to differ materially from these anticipated in the forward-looking statements, durable events should overview the company's filings with the Securities and wise commission, including the on 10-k filed on tall 13, 2003 and the document on form 10-Q filed on November 7, 2003. The company does not undertake an initiationdues to update its ahead-looking statements to replicate future events or cases.
# # #
Hyperion is a registered trademark Hyperion solutions business enterprise. All logos and business names mentioned are the unscathed their respective homeowners.
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ASIS [2 Certification Exam(s) ]
ASQ [3 Certification Exam(s) ]
ASTQB [8 Certification Exam(s) ]
Autodesk [2 Certification Exam(s) ]
Avaya [91 Certification Exam(s) ]
Axis [1 Certification Exam(s) ]
Banking [1 Certification Exam(s) ]
BEA [5 Certification Exam(s) ]
BICSI [2 Certification Exam(s) ]
BlackBerry [17 Certification Exam(s) ]
BlueCoat [2 Certification Exam(s) ]
Brocade [4 Certification Exam(s) ]
Business-Objects [11 Certification Exam(s) ]
Business-Tests [4 Certification Exam(s) ]
CA-Technologies [20 Certification Exam(s) ]
Certification-Board [9 Certification Exam(s) ]
Certiport [3 Certification Exam(s) ]
CheckPoint [39 Certification Exam(s) ]
CIPS [4 Certification Exam(s) ]
Cisco [305 Certification Exam(s) ]
Citrix [46 Certification Exam(s) ]
CIW [17 Certification Exam(s) ]
Cloudera [10 Certification Exam(s) ]
Cognos [19 Certification Exam(s) ]
College-Board [2 Certification Exam(s) ]
CompTIA [72 Certification Exam(s) ]
ComputerAssociates [6 Certification Exam(s) ]
CPP-Institute [1 Certification Exam(s) ]
CWNA [1 Certification Exam(s) ]
CWNP [13 Certification Exam(s) ]
Dassault [2 Certification Exam(s) ]
DELL [9 Certification Exam(s) ]
DMI [1 Certification Exam(s) ]
ECCouncil [21 Certification Exam(s) ]
ECDL [1 Certification Exam(s) ]
EMC [126 Certification Exam(s) ]
Enterasys [13 Certification Exam(s) ]
Ericsson [5 Certification Exam(s) ]
Esri [2 Certification Exam(s) ]
ExamExpress [15 Certification Exam(s) ]
Exin [40 Certification Exam(s) ]
ExtremeNetworks [3 Certification Exam(s) ]
F5-Networks [20 Certification Exam(s) ]
Filemaker [9 Certification Exam(s) ]
Financial [36 Certification Exam(s) ]
Fortinet [12 Certification Exam(s) ]
Foundry [6 Certification Exam(s) ]
Fujitsu [2 Certification Exam(s) ]
GAQM [8 Certification Exam(s) ]
Genesys [4 Certification Exam(s) ]
GIAC [15 Certification Exam(s) ]
Google [4 Certification Exam(s) ]
GuidanceSoftware [2 Certification Exam(s) ]
H3C [1 Certification Exam(s) ]
HDI [9 Certification Exam(s) ]
Healthcare [3 Certification Exam(s) ]
HIPAA [2 Certification Exam(s) ]
Hitachi [27 Certification Exam(s) ]
Hortonworks [4 Certification Exam(s) ]
Hospitality [2 Certification Exam(s) ]
HP [735 Certification Exam(s) ]
HR [2 Certification Exam(s) ]
HRCI [1 Certification Exam(s) ]
Huawei [21 Certification Exam(s) ]
Hyperion [10 Certification Exam(s) ]
IBM [1516 Certification Exam(s) ]
IBQH [1 Certification Exam(s) ]
ICDL [6 Certification Exam(s) ]
IEEE [1 Certification Exam(s) ]
IELTS [1 Certification Exam(s) ]
IFPUG [1 Certification Exam(s) ]
IIA [3 Certification Exam(s) ]
IIBA [2 Certification Exam(s) ]
IISFA [1 Certification Exam(s) ]
Intel [2 Certification Exam(s) ]
IQN [1 Certification Exam(s) ]
IRS [1 Certification Exam(s) ]
ISA [1 Certification Exam(s) ]
ISACA [4 Certification Exam(s) ]
ISC2 [6 Certification Exam(s) ]
ISEB [24 Certification Exam(s) ]
Isilon [4 Certification Exam(s) ]
ISM [6 Certification Exam(s) ]
iSQI [7 Certification Exam(s) ]
Juniper [61 Certification Exam(s) ]
Legato [5 Certification Exam(s) ]
Liferay [1 Certification Exam(s) ]
Lotus [66 Certification Exam(s) ]
LPI [21 Certification Exam(s) ]
LSI [3 Certification Exam(s) ]
Magento [3 Certification Exam(s) ]
Maintenance [2 Certification Exam(s) ]
McAfee [8 Certification Exam(s) ]
McData [3 Certification Exam(s) ]
Medical [25 Certification Exam(s) ]
Microsoft [354 Certification Exam(s) ]
Mile2 [2 Certification Exam(s) ]
Military [1 Certification Exam(s) ]
Misc [1 Certification Exam(s) ]
Motorola [7 Certification Exam(s) ]
mySQL [4 Certification Exam(s) ]
NCLEX [2 Certification Exam(s) ]
Network-General [12 Certification Exam(s) ]
NetworkAppliance [36 Certification Exam(s) ]
NI [1 Certification Exam(s) ]
Nokia [6 Certification Exam(s) ]
Nortel [130 Certification Exam(s) ]
Novell [37 Certification Exam(s) ]
OMG [10 Certification Exam(s) ]
Oracle [256 Certification Exam(s) ]
P&C [1 Certification Exam(s) ]
Palo-Alto [3 Certification Exam(s) ]
PARCC [1 Certification Exam(s) ]
PayPal [1 Certification Exam(s) ]
Pegasystems [11 Certification Exam(s) ]
PEOPLECERT [4 Certification Exam(s) ]
PMI [15 Certification Exam(s) ]
Polycom [2 Certification Exam(s) ]
PostgreSQL-CE [1 Certification Exam(s) ]
Prince2 [6 Certification Exam(s) ]
PRMIA [1 Certification Exam(s) ]
PsychCorp [1 Certification Exam(s) ]
PTCB [2 Certification Exam(s) ]
QAI [1 Certification Exam(s) ]
QlikView [1 Certification Exam(s) ]
Quality-Assurance [7 Certification Exam(s) ]
RACC [1 Certification Exam(s) ]
Real-Estate [1 Certification Exam(s) ]
RedHat [8 Certification Exam(s) ]
RES [5 Certification Exam(s) ]
Riverbed [8 Certification Exam(s) ]
RSA [15 Certification Exam(s) ]
Sair [8 Certification Exam(s) ]
Salesforce [5 Certification Exam(s) ]
SANS [1 Certification Exam(s) ]
SAP [98 Certification Exam(s) ]
SASInstitute [15 Certification Exam(s) ]
SAT [1 Certification Exam(s) ]
SCO [9 Certification Exam(s) ]
SCP [6 Certification Exam(s) ]
SDI [3 Certification Exam(s) ]
See-Beyond [1 Certification Exam(s) ]
Siemens [1 Certification Exam(s) ]
Snia [7 Certification Exam(s) ]
SOA [15 Certification Exam(s) ]
Social-Work-Board [1 Certification Exam(s) ]
SpringSource [1 Certification Exam(s) ]
SUN [63 Certification Exam(s) ]
SUSE [1 Certification Exam(s) ]
Sybase [17 Certification Exam(s) ]
Symantec [133 Certification Exam(s) ]
Teacher-Certification [3 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trend [1 Certification Exam(s) ]
TruSecure [1 Certification Exam(s) ]
USMLE [1 Certification Exam(s) ]
VCE [6 Certification Exam(s) ]
Veeam [2 Certification Exam(s) ]
Veritas [28 Certification Exam(s) ]
Vmware [54 Certification Exam(s) ]
Wonderlic [1 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]
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