TechnologyHyperion announces record financial results

Hyperion announces record financial results

Hyperion Solutions, the business performance management software provider, has announced record financial results for its fiscal second quarter ended December 31 2004.

Total revenues for the quarter increased by 13% to $177.0m (£94m), compared with $156.1m for the same period a year ago.

Software licence revenue increased 15% to $68.5 million, compared with $59.7 million for the same period a year ago.

The second quarter non-GAAP pro forma net income increased 46% year-over-year to $20.4 million.

Commenting on the second quarter results Godfrey R Sullivan, Hyperion’s president and chief executive officer, said: ‘It was marked by record results, strong execution, and continued innovation’.

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