Wind River Post Healthy Gains but Misses High End of Guidance

Analysts had expected the company to earn $0.12 per share on revenues of $74.20 million for the quarter.

Full-Year Highlights:

Reported revenue increased 13% year-over-year to $266.3 million

Deferred revenue increased 27% year-over-year to end at $98.3 million

Non-GAAP earnings per share of $0.29 and GAAP earnings per share of $0.26

Non-GAAP cash flow from operations of approximately $51 million, excluding restructuring related payments of $1.8 million; GAAP cash flow from operations of approximately $49 million

Fourth Quarter Financial Highlights:

Reported revenue increased 11% year-over-year to $70.2 million

Deferred revenue increased 12% sequentially vs. Q3 FY06

Non-GAAP net income of $10.3 million and GAAP net income of $10.3 million

Non-GAAP earnings per share of $0.11 and GAAP earnings per share of $0.11

Non-GAAP cash flow from operations of approximately $16 million, excluding restructuring related payments of $579,000; GAAP cash flow from operations of approximately $15.5 million

(Full VDC Coverage Tomorrow)