I am certainly not a financial analyst but I thought these numbers from BEA were fairly impressive considering the app server market is mature, with open source margin pressures.
Most significant is the fact license revenues are on the up and up. For a while, BEA was trending to services as a bigger proportion of revenues, never a great look on a product company, but 18% license revenue growth, compared to last year’s Q4 is pretty strong.
License revenue was $155.9 million, up 18% from $131.8 million a year ago.
Good job. The company now has a $300m a quarter runrate – which means it has pushed on through the $1bn software company barrier.
BEA is a client and we’ll have some deeper insights into the company’s progress when Cote reports from its analyst show next week.
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