Hyperion announces record financial results

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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