MICROS Q2 Profit Matches Estimates; Lifts FY14 Guidance - Quick Facts

(RTTNews) - MICROS Systems, Inc. (MCRS), a supplier of information systems to the hospitality and retail industries, reported that its second-quarter net Income attributable to company decreased to $43.42 million or $0.57 per share, from $44.09 million or $0.54 per share, last year. Non-GAAP net income attributable to MICROS was $48.27 million or $0.63 per share, for the quarter. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.63 for the quarter. Analysts' estimates typically exclude special items.

Total revenue rose year-over-year to $345.57 million, from $324.52 million. Analysts expected revenue of $329.94 million for the quarter. MICROS's financial guidance for fiscal 2014 is for revenue between $1.320 billion and $1.345 billion and Non-GAAP earnings per share from $2.46 to $2.51. The guidance reflects an increase from prior revenue guidance for revenue of $1.295 billion to $1.320 billion, and Non-GAAP earnings per share between $2.46 and $2.50. Analysts expect the company to report 2014 profit per share of $2.48 on revenue of $1.31 billion.