Thursday, February 21, 2008

Deltek Reports Q4 License Revenue of $27 Million and Total Revenue of $77 Million

The recorded earnings conference call is available here.

Deltek Reports Q4 License Revenue of $27 Million and Total Revenue of $77 Million: "Full-Year 2007 Results

License revenue for 2007 was $87.1 million, an increase of 16% over 2006. 2007 consulting services revenue increased 25% to $83.4 million, and maintenance and support revenue increased 24% to $102.9 million over 2006. Total revenue for 2007 increased 22% from 2006 to $278.2 million.

Non-GAAP net income for 2007 increased 43% to $29.5 million, or $0.71 per diluted share, compared to $20.6 million, or $0.51 per diluted share, in 2006.

Full-year 2007 GAAP net income increased 47% to $22.5 million, or $0.54 per diluted share, compared to $15.3 million, or $0.38 per diluted share, in 2006."

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