MICROS Reports Fiscal 2011 First Quarter Results: EPS of $0.09

MICROS Systems, Inc. MCRS, a leading supplier of information systems to the hospitality and retail industries, today announced the results for its fiscal 2011 first quarter ended September 30, 2010. FINANCIAL HIGHLIGHTS * Revenue for the quarter was $233.4 million, an increase of $22.0 million, or 10.4%, over the same period last year. * GAAP net income for the quarter was $31.6 million, an increase of $7.5 million, or 30.9%, over the same period last year. * GAAP diluted earnings per share (EPS) for the quarter was $0.39 per share, an increase of $0.09, or 30% over the same period last year. * Non-GAAP financial results for the quarter, excluding the effect of charges for stock options and the redemption of one of our auction rate securities, are as follows: o Non-GAAP net income for the quarter was $33.4 million, an increase of $6.7 million, or 25.3%, over the same period last year. o Non-GAAP diluted EPS for the quarter was $0.41 per share an increase of $0.08, or 24.2%, over the same period last year.