Sybase Delivers Another Strong Quarter, Rep Server Refresh

Sybase is celebrating. Let everyone else complain about the bad economy; the perennial “Tier 1A” database, mobility and analytics vendor just had its best quarter ever to kick off 2009 – its 6th consecutive record quarter. With 14% growth in license revenue (31% in database) and a margin of 21%, there is certainly much to be happy about. The company is particularly happy to point to its highest-ever quarterly cash flow from operations – $97.4 million. The investment in messaging continues to generate substantial results: at $43.4M, it was nearly 17% of the firm’s revenue. Sybase seems at last to have anchored itself solidly in the billion dollar club.sybase Read more of this post