Business Objects, the world`s leading provider of business intelligence (BI) solutions, today announced results for the fourth quarter and year ended 31 December 2004.
For the fourth quarter of 2004, the company reported total revenues of $266.7 million, the highest in the company`s history, which grew 45% year-over-year on a US GAAP basis, and 13% on a pro forma basis (as defined below).
US GAAP diluted earnings per share was $0.24 and pro forma diluted earnings per share was $0.30 in the fourth quarter of 2004. Both the US GAAP and pro forma diluted earnings per share exceeded the company`s guidance for the quarter of US GAAP $0.14 to $0.20 per share and pro forma $0.21 to $0.27 per share.
For the full year 2004, the company reported total US GAAP and pro forma revenues of $925.6 million, which grew 65 percent on a US GAAP basis and 9% on a pro forma basis from the full year 2003. US GAAP diluted earnings per share was $0.52 in 2004 and pro forma diluted earnings per share was $0.79. During a year of major strategic initiatives, the company grew revenues in every major geography and successfully launched BusinessObjects XI, its integrated business intelligence product line, before the end of the year.
Complete press release: Here
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Business Objects is the world`s leading business intelligence (BI) software company. With over 30 000 customers worldwide, including over 80% of the Fortune 500, Business Objects helps organisations gain better insight into their business, improve decision-making and optimise enterprise performance.
The company`s business intelligence platform, BusinessObjects XI, offers the BI industry`s most complete and trusted platform for reporting, query and analysis, performance management, and data integration. BusinessObjects XI includes Crystal Reports, the industry standard for enterprise reporting. Business Objects has also built the industry`s strongest and most diverse partner community, with more than 3 000 partners worldwide. In addition, the company offers consulting and education services to help customers effectively deploy their business intelligence projects.
Business Objects has headquarters in San Jose, California, and Paris, France. The company`s stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.
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