My college long ago adopted the number 47 as a quantitative mascot. Ask any alumnus and he or she can recount the eerie number of times the number seems to recur.
Based on Sybase’s earnings announced this morning, I nominate that Dublin adopt the number 10 as Sybase’s favorite two-digit integer.
- First quarter 2010 was Sybase’s tenth consecutive record quarter, with historical Q1 highs in revenue, operating income, net income, earnings per share and cash flow from operations.
- Revenue grew 10% year-over-year to $294 million.
- Sales of software licenses also grew 10%, propelled by a 25% increase in license revenues for our enterprise databases, including Adaptive Server Enterprise, the BI-focused Sybase IQ, our financial Risk Analytics Platform (RAP), and our CEP offering, which going forward includes the recently-acquired Aleri.
- For the full year 2010, database as well as mobile software revenue are both projected to grow 10% year-over-year.
Not all of Sybase’s notable numbers involved the number 10, of course:
- Revenue from Sybase’s messaging software and services sold to both telcos and enterprises grew 23%.
- Similarly, revenue from our mobile middleware products, Afaria (secures and manages corporate smartphones) and the Sybase Unwired Platform (mobile app development tools), grew a combined 12%.
- Sybase’s revenue for the last 4 quarters, aka its run rate, is$1.2 billion. Despite the difficult economy and currency drops unfavorable to Sybase (half of our business comes outside of North America), the company remains on track for full year 2010 revenue of $1.23 billion, said CEO John Chen (hear his call with Wall Street here).
- Sybase has $1.3 billion in cash and cash investments.
- 15 companies are reselling, or plan to resell, Sybase’s mobile managed software as a service. They include large telcos such as Verizon and Orange, as well as huge integrators like Accenture and Siemens.
- Version 1.5 of the Sybase Unwired Platform, was released in the first quarter.
- So was the aforementioned ASE 15.5, with clustering and in-memory features.