TIBCO Software say total revenues for the fourth quarter of 2004 were $125.7 million. License revenues for the fourth quarter were $70.6 million. Fiscal year 2004 revenues were $387.2 million.
Net income for the quarter calculated in accordance with accounting principles generally accepted in the United States was $18.2 million or $.08 per share on a fully diluted basis.
TIBCO had non-GAAP net income for the fourth fiscal quarter of $20.5 million and $56.1 million for the year. TIBCO’s non-GAAP net income per share on a fully diluted basis was $.09 for the quarter and $.25 for the year. Fourth quarter and annual non-GAAP results exclude stock-based compensation charges, amortization of acquired intangibles, impairment of equity investments, restructuring charges and expensing of acquired in-process research and development, and assume a non-GAAP effective tax rate of 38%.
“During 2004, we capitalized on the beginning of a secular growth opportunity in the Integration market, increasing our market share of those segments in which we offer products and on the hard work and dedication of the people who work at TIBCO,” says Vivek Ranadiv, Chairman and CEO of TIBCO Software. “The growth we are experiencing is further validation that our integration platform has gone from a ‘nice to have’ to a ‘must have’ for companies operating in the ever more competitive global marketplace.”
During Q4, says TIBCO, it added over 100 new customers and made significant sales to both new and existing customers, including Associated Newspapers Ltd., Lockheed Martin M&DS, Beckman Coulter, Inc., Lehman Brothers Holdings, Procter & Gamble, City of Calgary, American Century Investments, BNP Paribas, Vodafone UK and Telecom Italia.