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TIBCO Software Reports Record Fourth Quarter Financial Results
Year over Year Q4 License Revenues up 13% and Q4 Non-GAAP Operating Profit Rises 17%
PALO ALTO, Calif., December 20, 2007 -
TIBCO Software Inc. (Nasdaq: TIBX) today announced record results for its fourth quarter, which ended on November 30, 2007.
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About TIBCO
TIBCO digitized Wall Street in the '80s with its event-driven "Information Bus" software, which helped make real-time business a strategic differentiator in the '90s. Today, TIBCO's infrastructure software gives customers the ability to constantly innovate by connecting applications and data in a service-oriented architecture, streamlining activities through business process management, and giving people the information and intelligence tools they need to make faster and smarter decisions, what we call The Power of Now®. TIBCO serves more than 3,000 customers around the world with offices in more than 20 countries and an ecosystem of over 200 partners. Learn more at www.tibco.com.
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TIBCO, The Power of Now and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
About Non-GAAP Financial Information
This press release includes non-GAAP financial measures. For a description of these non-GAAP financial measures, including the reasons management uses each measure, and reconciliations of these non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with Generally Accepted Accounting Principles (GAAP), please see the section entitled "About Non-GAAP Financial Measures" and the accompanying table entitled "Reconciliation of GAAP to Non-GAAP Measures."
Legal Notice Regarding Forward-Looking Statements
This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the
federal securities laws. The final financial results for fourth quarter of fiscal year 2007 may differ materially
from the preliminary results presented in this release due to factors that include, but are not limited to, risks
associated with the final review of the results and preparation of audited financial statements. In addition,
forward-looking statements such as statements regarding the future strength of the market opportunity for
infrastructure software and TIBCO’s ability to capitalize on such opportunity are subject to risks and
uncertainties that could cause actual results to differ materially from such forward-looking statements. These
risks include: adverse changes in general economic or market conditions resulting in delays or reductions in
information technology spending; successful execution of TIBCO’s business plans; and competitive factors,
including but not limited to pricing pressures, industry consolidation and new product introductions. Additional
information regarding potential risks is provided in TIBCO’s filings with the SEC, including its most recent
Annual Report on Form 10-K for the year ended November 30, 2006 and Quarterly Report on Form 10-Q for
the quarter ended September 2, 2007. TIBCO assumes no obligation to update the forward-looking statements
included in this release.
