| By Yeshim Deniz | Article Rating: |
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| December 25, 2009 03:45 PM EST | Reads: |
3,417 |
Cloud Computing Expo - TIBCO Software Inc. (NASDAQ: TIBX) today announced results for its fourth quarter, which ended on November 30, 2009.
Total revenue for the fourth quarter of fiscal 2009 was $195.6 million and net income was $31.7 million, or $0.18 per diluted share.
This compares to total revenue of $185.5 million and net income of $32.3 million, or $0.18 per diluted share, as reported for the fourth quarter of fiscal 2008.

Oracle was named exclusive Diamond Sponsor of Cloud Expo 2010, which will take place April 19-21, at the Jacob Javits Convention Center in New York City. Cloud Expo, with over 5,000 delegates and more than 200 sponsors, will be the most significant technology event of the year.
On a non-GAAP basis, net income for the fourth quarter of fiscal 2009 was $39.2 million or $0.23 per diluted share, compared with $39.9 million or $0.23 per diluted share for the fourth quarter of fiscal 2008. Non-GAAP operating income for the fourth quarter of fiscal 2009 was $58.3 million, resulting in a non-GAAP operating margin of 30%. This compares to non-GAAP operating income of $54.0 million, or a 29% non-GAAP operating margin in the fourth quarter of fiscal 2008. Non-GAAP results exclude stock-based compensation expense, amortization of acquired intangible assets, and equity investment activities and assume a non-GAAP effective tax rate of 32% for fiscal 2009 and 30% for fiscal 2008.
"We executed well in 2009 -- bringing innovative new technologies to market, showcasing the stability in our core business, expanding our footprint in key verticals and geographies, and meaningfully increasing our profitability," said Vivek Ranadivé, TIBCO's chairman and chief executive officer. "As we enter 2010, we're focused on continuing to extend our innovation advantage as the leading pure-play provider of event-driven infrastructure."
Published December 25, 2009 Reads 3,417
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More Stories By Yeshim Deniz
Yeshim Deniz is a Ulitzer blogger who writes about cloud computing, breaking news from Cloud Expo, and emerging technologies. She first started blogging in the aftermath of Hurricane Katrina. She broke the news on her blog about Condoleeza Rice's visit to Spamalot on Broadway as Katrina hit New Orleans. Yeshim was the first journalist to call for the resignation of the FEMA director, the day before Katrina hit New Orleans. She later helped to organize a "Change the Administration" march in Washington DC. Email Yeshim at editorial (at) sys-con.com.
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