The business intelligence and performance management software firm reported earnings of $11.6 million on sales of $159.5 million for the quarter ended Sept. 30, up from a profit of $9.7 million on revenue of $123.6 million in the quarter last year. License revenue growth slightly edged maintenance revenue growth.
"Our financial applications enjoyed another exceptional quarter, highlighted by double-digit growth for both Hyperion Planning and Financial Management," Hyperion president and CEO Godfrey Sullivan said in a statement. "Additionally, we closed the largest Hyperion Strategic Finance transaction ever and signed a Performance Suite transaction that ranked in our top 10 wins for the quarter."
The results excluded the impact of charges. Those charges relate to deferred revenue write-downs, amortization of purchased intangible assets, amortization of deferred stock-based compensation and restructuring costs.
Hyperion's shares had gained about 3 percent on the markets Friday.
Recent customer wins for Hyperion include the District of Columbia, Fiat, GlaxoSmithKline, AstraZeneca and The Regents of University of California, Los Angeles, among others.
