---
title: "BEA's Financials for 05 Were Solid"
date: 2006-03-17T16:30:01Z
modified: 2006-03-17T16:30:01Z
permalink: "https://redmonk.com/jgovernor/beas-financials-for-05-were-solid/"
type: post
status: publish
excerpt: ""
wpid: 548
categories:
  - Uncategorized
timestamp: 2006-03-17T16:30:01Z
tags:
  - Uncategorized
---

I am certainly not a financial analyst but I thought these [numbers from BEA](http://www.bea.com/b2a/newsletter/06mar/highlights.jsp) 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](http://www.redmonk.com/cote/) reports from its analyst show next week.