BELTSVILLE, Md. / Oct. 26, 1999--MICROS Systems, Inc. [NASDAQ: MCRS] , the world's leading provider of hospitality information technology, was ranked 43rd on the 1999 Forbes listing of the 200 Best Small Companies.
BELTSVILLE, Md. / Oct. 26, 1999--MICROS Systems, Inc.
[NASDAQ: MCRS]
, the world's leading provider of hospitality information technology, was ranked 43rd on the 1999 Forbes listing of the 200 Best Small Companies.
This is MICROS's highest ranking, as the company jumped 16 positions compared to the1998 listing. In its eighth year of recognition by Forbes, MICROS remains the only integrated enterprise applications software developer exclusively serving the hospitality industry to receive this recognition of superior financial performance. Only top performers can qualify for the Forbes ranking which is published in the magazine's November 1 issue. The Forbes 200 have a current return-on-equity of at least 10 percent. To make the final cut, companies had to show at least 10 percent earnings growth and 10 percent revenue growth in the latest fiscal year on top of a 10 percent five-year annual average growth. Tom Giannopoulos, MICROS President and CEO, said, "MICROS is proud of the acknowledgment we receive from Forbes. It reinforces the acceptance of our vision for technology, and recognizes our sustained and robust financial performance." For the fiscal year period ended June 30, 1999, MICROS's revenue was $335.1 million, an increase of $54.8 million, or 19.6 percent, versus last year. Net income for the year was $27.3 million, an increase of $7.7 million, or 39 percent over the year ago period. Earnings per share for the fiscal year, on a diluted basis, were $1.60, an increase of $0.42, or 35.6 percent over last year's result. MICROS Systems Inc. provides enterprise applications for the hospitality industry worldwide. Over 90,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos and leisure and entertainment operations in more than 120 countries. MICROS provides property management systems and central reservation and customer information solutions under the brand MICROS-Fidelio for more than 7,500 hotels worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS. For more information on MICROS and its cutting edge information technology solutions for hospitality please contact Katrina Pruitt-Andrews at 301/210-8052 or 800/638-0985 (US and Canada only) or visit the MICROS web site at The MICROS logo is a registered trademark of MICROS Systems, Inc.
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Contact
Louise J. Casamento
Director Of Marketing
United States - Columbia, Email: lcasamento@micros.com
Organization
Oracle Hospitality
https://www.oracle.com/industries/hospitality/index.html
7031 Columbia Gateway Drive
USA
- Columbia, MD 21046-2289
Tollfree: (866) 287-4736
Email: oraclehosp_ww@oracle.com
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