The Sybase Users' Group of Texas - October 2007 Newsletter (www.sugtx.org)
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Table of
Contents:
1) Next SUG-TX Meeting – November 27,
2007
2) SUG-TX October Meeting
Highlights
3)
Sybase 2007 Third Quarter Results Exceed
First Call Revenue and EPS Consensus
4) Sybase Chairman, CEO and President John
S. Chen Receives 2007 New Silk Road
Award
from California-Asia Business
Council
5) Sybase Launches mBanking
365
6) Sybase Events
7) Houston User Group for
Sun (HUGS) Meeting
8) Sybase Training Schedule (Nov -
Mar)
1) Next SUG-TX Meeting – November
27, 2007
The Sybase Users’ Group of Texas
will hold their next meeting on Tuesday, November 27, 2007. The meetings
are held at HAL-PC,
2) SUG-TX October Meeting
Highlights
The Sybase Users’ Group of Texas
met on October 23rd at the HAL-PC offices. Following the
group’s introductions, a spirited roundtable discussion regarding Sybase
PowerBuilder, PowerDesigner, and database solutions ensued, including the recent
revelation that the Sybase stock price has skyrocketed from a 52 week low to a
52 week high over three months.
The surge in stock price occurred
on news that Investment firm Sandell Asset Management Corp. has urged the
company to improve the value of its shares through a buyback or possible sale of
its units. The firm, which owns 6% of Sybase, told Chief Executive John Chen in
a letter that the company should conduct an immediate $500 million buyback of
shares at a premium price, spin off its mobility segment, or sell the company in
whole or in part. In other financial news the trading volume of Sybase has
increased dramatically over the same period.
3) Sybase 2007 Third Quarter
Results Exceed First Call Revenue and EPS Consensus
Highlights:
- Total revenue increased 22% and
license revenue up 12% year over year
- Total database license revenues
increased 18% year over year
- Total iAnywhere revenues up 10%
and license revenues up 16% year over year
- Non-GAAP operating income up 40%
year over year, non-GAAP operating margin of 22%
- GAAP operating income up 39% year
over year, GAAP operating margin of 17%
- Non-GAAP EPS of $0.47; GAAP EPS
of $0.37
- Management raises full-year
non-GAAP EPS to range of $1.64 to $1.66 and GAAP EPS to range of $1.25 to
$1.27
- Full-year cash flow guidance
raised to approximately $210 million
2007 Third Quarter
Results
Total revenue
increased 22% to $255.3 million from $209.1 million in the third quarter of
2006. License revenue increased 12% to $85.1 million from $76.3 million in the
third quarter of 2006. Services revenues were up slightly to $135.8 million, and
messaging revenues were $34.3 million.
Non-GAAP operating
income for the 2007 third quarter increased 40% year over year to $57.3 million,
representing a 22% operating margin.
Non-GAAP net income for the quarter
was $42.8 million, or earnings per diluted share (EPS) of $0.47. This compares
with non-GAAP net income of $36.3 million, or EPS of $0.40 for the third quarter
of 2006.
Operating income
calculated in accordance with generally accepted accounting principles (GAAP)
for the quarter increased 39% year over year to $44.6 million, representing a
17% operating margin.
GAAP net income was
$34.1 million, or GAAP EPS of $0.37, for the quarter. This compares with GAAP
net income of $25.1 million, or GAAP EPS of $0.27, for the 2006 third quarter.
Non-GAAP amounts
exclude the amortization of certain purchased intangibles, stock-based
compensation, and restructuring costs, and the tax effect of these and related
items. Accompanying this release is a reconciliation from GAAP to non-GAAP
amounts for the 2007 third quarter.
“We are extremely
pleased with our performance in the third quarter, with strong contributions
from each of our three business segments,” said John Chen, chairman, CEO, and
president of Sybase. “Solid growth across all of our key product lines — data
management, mobile middleware, and messaging services — demonstrates the growing
market acceptance of our Unwired Enterprise platform.
“The strong revenue performance in each of our three business segments also demonstrates the leverage in our business model and growing cross-selling synergies in our enterprise customer base. This helped drive our sixth consecutive quarter of consolidated operating margin expansion. As a result, we are raising our outlook for full-year EPS and operating cash flow for the second time this year,” concluded Mr. Chen.
4) Sybase Chairman, CEO and
President John S. Chen Receives 2007 New Silk
Road Award
from California-Asia
Business Council
DUBLIN, CA —
OCTOBER 29, 2007 — Sybase, Inc. (NYSE:
SY), a leading provider of enterprise infrastructure and mobile software, today
announced that Chairman, CEO and President John S. Chen was honored by the
California-Asia Business Council (Cal-Asia) with its 2007 New Silk Road Award.
The award recognizes each year one individual who has made extraordinary
contributions to the development and growth of U.S.-Asia commerce.
“John Chen is being
honored for building strong markets for American technology in
The New Silk Road
Award program, now in its 13th year, honors individuals who foster a healthy and
active business environment between the East and the West. The name of the award
symbolizes both the ancient trade routes between
“I am honored to
receive this award and offer my sincere thanks to the California-Asia Business
Council for creating a forum that recognizes important contributions to
strengthen business ties between the
Previous winners of
the award are former Secretary of State George Shultz (2006); Senator Dianne
Feinstein (2005); Washington SyCip, known as the "Wise Owl" of Asian business
(2004); and Dr. Daniel Chao, then chairman of Bechtel China (2003).
Chen responded to the
award with remarks on the current landscape of U.S.-China business relations at
Cal-Asia’s annual “Asia Night” dinner and networking gala on Friday, Oct.
26, at the
Addressing some 300
business leaders at the event, Chen said, “We should focus on long-term issues
in the U.S.-China business relationship, which are free flows of the three
fundamental ingredients of any knowledge-based economy: investment, talent and
knowledge.
“Corporate
Full text of Chen’s
speech can be found at www.asianight.org/JohnChenRemarks.html.
5) Sybase Launches mBanking
365
BOSTON — AFP
ANNUAL CONFERENCE — OCTOBER 22, 2007 — Sybase 365, a
subsidiary of Sybase, Inc. (NYSE: SY), the global leader in messaging
interoperability and mobile content delivery, today announced the availability
of Sybase mBanking 365, an innovative new suite of products for the financial
industry enabling banks to interact with customers in real-time through mobile
alerts, two-way banking services, out-of-band authentication, and marketing
campaigns.
With Sybase mBanking
365, banks can instantly deliver vital account information to their customers’
mobile devices and customers can access information and make transactions -
anytime, anywhere.
Sybase mBanking 365
provides secure and direct multi-channel interaction with customers over all
mobile messaging channels - SMS, WAP, and rich client. Vital services such as
bank account activity alerts that notify customers of potentially fraudulent
transactions in real time, and simple activities, such as balance inquiries, can
be conducted conveniently and without involving costly customer care resources.
Sybase mBanking 365 also features support for natural language, interactive
banking services, with the Answers 365 product, to enable customers to access
services without the need to memorize set keywords.
“Mobile banking is on
the brink of widespread consumer adoption,” said Marty Beard, president of
Sybase 365. “The mobile phone is rapidly becoming the one technology that
people have access to around the globe. As such, mobile banking will quickly
become a critical channel for customer interaction.”
Financial
institutions have realized a number of benefits from utilizing mobile banking
services, including cost reduction and increased efficiency in communicating
with customers, fraud reduction, and improved customer retention. In fact,
Sybase 365 recently commissioned a global study across the Americas, Europe, and
Asia-Pacific, and more than a quarter of respondents in each region reported
they would consider switching banks if an alternative provider offered them
mobile banking services.
Sybase is a trusted
partner for some of the world’s biggest banks. The company has over 7
years experience through its Financial Fusion product, providing integrated
services to more than 200 of the world’s leading financial institutions. Coupled
with Sybase 365’s mobile banking expertise as the leading provider of mBanking
services (SMS, MMS) for financial corporations worldwide, the company is
uniquely placed to enable banks to realize the potential of mobile banking.
Sybase mBanking 365
combined with Sybase 365’s operator-grade network reaches more than 700 mobile
operators around the world and 2.4 billion mobile subscribers. One single
connection to Sybase 365 enables financial institutions to reach 100 percent of
their mobile customers.
See the full story at: http://www.sybase.com/detail?id=1054417.
6) Sybase
Events
Seminars,
Conferences, Webcasts, Tradeshows, Sports events — whichever way you want to get
information from
http://www.sybase.com/about_sybase/events
If you'd like to give
feedback on what types of events you think
7) Houston User Group for Sun
(HUGS) Meeting
The Houston User Group for Sun
meets on the second Tuesday of every month at the
8) Sybase
Training Schedule (Nov - Mar)
05
Nov 2007 5 days Fast Track to Adaptive Server Enterprise
12
Nov 2007 5 days System & Database Administration:
ASE
26
Nov 2007 5 days Mastering Transact-SQL Programming:
Advances Tips and
Techniques
03
Dec 2007 5 days Performance & Tuning: Configuring
ASE 15
10
Dec 2007 5 days Performance & Tuning for PowerBuilder 10:
Advanced Tips
and Techniques
17
Dec 2007 3 days Data Modeling with PowerDesigner
12
20
Dec 2007 2 days Business Process Modeling with
PowerDesigner 12
07
Jan 2008 5 days Fast Track to PowerBuilder, Part
I
07
Jan 2008 5 days Performance & Tuning:
ASE Query Optimizer
14
Jan 2008 5 days Fast Track to PowerBuilder, Part
II
14
Jan 2008 5 days Fast Track to Adaptive Server
Enterprise
21
Jan 2008 5 days System & Database Administration:
ASE
28 Jan 2008 5 days Fast Track to Replication Server
Administration
04 Feb 2008 5 days Mastering Transact-SQL Programming:
Advances Tips and
Techniques
11 Feb 2008 5 days Performance & Tuning: Configuring
ASE 15
03
Mar 2008 2 days Business Process Modeling with
PowerDesigner 12
03
Mar 2008 5 days Advanced Administration and
Troubleshooting for ASE
06
Mar 2008 2 days Business Process Modeling with
PowerDesigner 12
10
Mar 2008 5 days Fast Track to Adaptive Server
Enterprise
17
Mar 2008 5 days System & Database Administration:
ASE
Please verify class availability
with Sybase registration or http://sed.sybase.com/Osiris/osiris_location_NAA1.htm#DL
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