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In-Line Quarter for Pervasive – Analyst Blog

Zacks Market Commentaries (October 27th, 2009) Writes:

Pervasive Software Inc. (PVSW) recently reported revenues of $12.2 million in the fiscal first quarter, up 3% from the year-ago quarter and 9.9% sequentially.   Pervasive closed one relatively large transaction with a database customer representing approximately $2.4 million in revenues during the September quarter. Data integration business continues to perform well. The company recently announced that its upgraded software products are compatible with Windows 7.   Net income dipped to $1.6 million compared to $1.8 million in the year-ago quarter. Earnings per share came in at 8 cents beating the Zacks Consensus Estimate by a penny.   The results came in line with the management’s revised guidance provided on Oct 1. The company generated $1.2 million of cash from operations in the quarter. Pervasive used approximately $2.6 million of cash in the September quarter to acquire assets of Greenville, South Carolina-based ChanneLinx, Inc., a privately held business-to-business

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VMware Barely Beats – Analyst Blog

Zacks Market Commentaries (October 22nd, 2009) Writes:
VMware Inc. (VMW) reported third-quarter results after the closing bell on Wednesday. The company posted a 54.1% decline on GAAP net income to $38.2 million from $83.3 million in the year-ago period.

Excluding certain non-recurring items, adjusted earnings per share came in at 11 cents, edging past the Zacks Consensus Estimate by a penny.

The company recorded a growth of 3.7% to $489.8 million, compared to $472.1 million in the year-ago quarter. The expansion was primarily driven by the US federal sector, increased transaction volumes and growth in maintenance renewals. It was partially offset by the sluggish corporate spending environment, which affected VMware's license revenues.

In terms of geographic regions, U.S. revenues slipped 1% year over year to $246 million, while international revenues grew 9% to $244 million driven by growth in Canada, South America and Asia-Pacific.

VMware spent $133.5 million during the quarter towards research and development, a growth of 56.5%

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Advanced Visual Systems, Inc. (AVSC.PK) Makes Data Visible

QualityStocks (October 8th, 2009) Writes:

Advanced Visual Systems, an industry-leading data visualization software company, provides a fundamental product, applicable to virtually any type of business or technical environment. AVS products allow users to express any type and quantity of data as highly interactive 2D and 3D presentations. These capabilities can also be integrated with new or existing applications.

A prime example of the AVS offering portfolio is OpenViz, a high-powered data visualization engine. OpenViz fully leverages the power of the Internet as an open and standards-based development system, allowing the conversion of any type or volume of corporate data into easily understood visualizations.

Designed for use by independent software vendors, as well as corporate application developers and solution providers, OpenViz opens a new dimension in data visualization. The system can serve from 10 to 10,000 users, allowing everyone to make faster and more accurate decisions by

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Pervasive Ups Guidance – Analyst Blog

Zacks Market Commentaries (October 6th, 2009) Writes:
Pervasive Software Inc. (PVSW) has recently upgraded guidance for the first quarter, ended Sep 30, 2009. The company expects to report revenues between $11.9 million and $12.2 million compared to the previous estimate of $10.5 million to $11.5 million. EPS is estimated between 7 cents and 8 cents, up from the earlier forecast of 4 cents to 7 cents.  Management added that it has signed a relatively large transaction in the database segment with a customer representing approximately $2.4 million in revenues.  Pervasive invested approximately $2.6 million in cash in the September quarter to acquire assets of Greenville, ChanneLinx Inc., a privately held business-to-business Web-based data interchange technology company based in South Carolina.  For the December quarter, Pervasive expects revenues between $11.0 million and $12.0 million. EPS is estimated between 5 cents and 8 cents. Achieving and maintaining consistent profitability in trying times has been ...

SAP Improves Community Network – Analyst Blog

Zacks Market Commentaries (August 24th, 2009) Writes:
SAP AG (SAP) recently launched new community network offerings such as additional Business Process Expert (BPX) communities dedicated to understanding International Financial Reporting Standards (IFRS), implementing SAP Business Suite 7 software and supporting the newly announced PlaNet Finance partnership.

SAP will now serve as an OpenID provider, which will enable easier access to the large network of partners and other resources offered by the SAP community network.

Technological enhancements have improved the user experience for community network members by making searches and access to content easier. With the introduction of the SAP community network's OpenID, members can use Single Identity managed by OpenID foundation to access multiple Web sites with one sign-on. Members will have the convenience of using the same identity to log onto different sites, which simplifies the overall experience by eliminating the need to remember multiple passwords and user names.

The success of the SAP

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SAP Expands Partner Program – Analyst Blog

Zacks Market Commentaries (August 19th, 2009) Writes:
SAP AG (SAP) recently announced the successful transition of all software solution partners to the SAP PartnerEdge program. The company also said it would provide a wide array of innovative business services and tools to additional partner types in the SAP partner ecosystem.

Launched in 2005, SAP PartnerEdge program is a comprehensive business framework that provides business-enabling tools, resources and program benefits to foster prolific partnerships and consistent service quality for a wide variety of SAP partner types.

With one central framework, members of the SAP PartnerEdge program can effortlessly get a range of new offerings and benefits designed to serve the needs of an assortment of partner relationships. Among other benefits, the program aids members with access to the partner services advisor offering, delivered through four centers across the world, in 11 languages to more than 2,700 partners 24 hours a day, five days a week.

Another

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SAP Reports Strong Earnings – Analyst Blog

Zacks Market Commentaries (August 11th, 2009) Writes:
SAP AG (SAP) reported total revenue of €2.58 billion, a decline of 10% year over year, for the second quarter of 2009. US GAAP basic earnings per share from continuing operations rose 6% to 36 pence. Software revenue fell 40% year over year due to difficult operating environment worldwide.

SAP closed major contracts in several key regions during the period, including Federal Interior Ministry of Rheinland-Pfalz, Germany, Group Danone, Shoosmiths and Statoil ASA in EMEA, Baker Hughes, Boston University and Confederação SICREDI in the Americas and China Export & Credit Insurance Co., Commonwealth Bank of Australia, Ministry of Finance, Singapore and Tata Teleservices Ltd in Asia Pacific Japan.

Quarterly operating income was €431 million, up 5% year over year, with a margin of 25.1%, an increase of 4.4 percentage points.

Operating cash flow from continuing operations was €1.83 billion, an increase of 34% year over year. Free cash

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IBM Targets Chinese Clouds – Analyst Blog

Zacks Market Commentaries (July 29th, 2009) Writes:
International Business Machines (IBM) is targeting the city of Wuxi as its next big cloud-computing hub. This small Chinese city holds great potential for IBM. The project is expected to attract billions of dollars in government funding to stimulate the area’s tech-focused economic growth.

IBM’s cloud computing enables the delivery of personal and business services from remote, centralized servers transporting computing resources and bandwidth (the "cloud") to any device, anywhere in the world. Wuxi will serve as a datacenter for this purpose. IBM is eyeing 2000 or so software vendors in the region, who will conduct operations from the Wuxi datacenter and share a portion of their revenue with IBM. All IBM cloud computing centers follow the same model, generating a portion of the revenue from local vendors.

The Wuxi deal may only represent just 20 million Yuan initially. However, if we consider the fact that the next

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Pervasive Going Strong – Analyst Blog

Zacks Market Commentaries (July 28th, 2009) Writes:
Pervasive Software Inc. (PVSW) recently reported revenues of $11.1 million for the fourth quarter of fiscal 2009, down 1% year over year but in line with management's guidance. GAAP EPS came in at $0.06. Non-GAAP EPS came in at $0.07, a penny better than the consensus estimate.

Database products generated two-thirds of total revenue while integration products accounted for the rest. Management stated that the Version 10 of Pervasive PSQLT database continues to be well received by its installed base of customers.

The company provides data management and integration software products to small- and mid-sized enterprises (SMEs) through a well-developed channel of independent software vendors (ISVs), value-added resellers (VARs) and system integrators (SI). Its solutions enable customers to manage, integrate, analyze and secure their data.

For fiscal 2009, the company generated revenues of $47.2 million, up 11% from last year. GAAP EPS came in at $0.29 while non

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SAP Set to Acquire SAF – Analyst Blog

Zacks Market Commentaries (July 20th, 2009) Writes:

SAP AG (SAP) announced its intent to make a public tender offer to purchase all shares in SAF Simulation, Analysis and Forecasting AG, one of the leaders in global forecasting and replenishment software for the retail and wholesale industries.

The company plans to enhance its current planning, forecasting and replenishment solution portfolio for retail and wholesale companies. The companies have a history of successful cooperation based on an original equipment manufacturer (OEM) partnership.

SAP intends to offer SAF shareholders an amount of €11.50 per share, which is a 9.5 percent premium on the XETRA closing price (€10.50) for SAF share on July 17th, 2009 and a 33.9% premium on the volume-weighted average price of SAF share in XETRA over the past three months. Both major SAF shareholders, who together hold approximately 38% of the shares in SAF, have agreed to accept the SAP offer.

SAF Simulation, Analysis and Forecasting AG specializes in

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