MICROS FY 2014 revenue sets company record

MICROS Systems, Inc. (NASDAQ: MCRS) said that revenue for the fiscal year was USD1.405bn, an increase of USD137.3m, or 10.8 percent, versus the year ago period.

GAAP net income for the quarter was USD56.0m, an increase of USD14.0m, or 33.4 percent, versus the year ago period, and for the fiscal year USD182.0m, an increase of USD10.6m, or 6.2 percent, versus the year ago period.

MICROS said its fiscal year revenue net income were company records.

MICROS Systems, Inc. designs, manufactures, markets, and services enterprise applications solutions for food and beverage, hotel, and retail industries worldwide. Its food and beverage information systems consist of hardware and software for point-of-sale and operational applications; ecommerce; back office applications, including inventory, labor, and financial management; gift cards; and centrally hosted enterprise applications. The company was formerly known as Picos Manufacturing, Inc. and changed its name to MICROS Systems, Inc. in 1978. It was founded in 1977 and is headquartered in Columbia, Maryland. Its website is at http://www.micros.com.

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