Black Knight’s earnings up on 7% growth in software revenue

The non-GAAP revenue breakdown for the quarter was approximately 29% for software and services, 31% for service access fees (SAF), and 40% for hardware and other revenue. BlackBerry had 2,713 enterprise customer wins in the quarter . Approximately 70% of third quarter software revenue was recurring.

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For example, consider Ultimate Software (NASDAQ. Second-quarter profits and revenue for Clorox (NYSE: CLX) came in solidly ahead of expectations. Shares of Clorox up 7% this morning. Unlike other.

The company also forecast revenue growth of 5% to 7% for the first fiscal quarter. Like other legacy technology companies, Cisco has been shifting toward software and betting that subscriptions will generate strong recurring revenue as demand for its network switches and routers weakens.

"Overall cloud revenue growth of 44% drove our quarterly revenue and earnings higher," Oracle’s Chief Executive Safra Catz said in prepared remarks. The database software company reported revenue of $9.6 billion, up 6% from the year-ago period and beating the consensus estimate of $9.57.

Increases in software revenue made up the bulk of growth. Although sales of Nintendo DS remained stable (falling slightly for the first time) the number of units of software shipped increased by 2.33 million, to 36.59 million for the quarter.

Cannae Holdings, Inc. (NYSE:CNNE) Q4 2018 Results Earnings. but because the software business is so — the margins are very profitable, our profitability actually went up. So they — the coding.

Growth in total software revenue in 4Q and full year Continued growth in Cognitive Solutions and Integration. The above reconciles the Non-GAAP financial information contained in the "Software Revenue" discussions in the company’s earnings presentation.

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Oracle just reported second quarter earnings – Business Insider – Cloud plus On-Premise Software Revenues were $7.2 billion, up 2% in U.S. dollars and up 3% in constant currency. "Our Database as a Service cloud revenue was $100 million for the quarter, driving growth in our overall database business," said Larry Ellison, Oracle Chairman and CTO.

With this in mind, let’s take a closer look at these top 7 tech stock picks. Following a meeting with Black Knight management, he told investors: “We suspect BKI has solid visibility into its.

The company has reported growth in software licences and product support revenue, although its hardware business saw a fall. The company reported fourth-quarter earnings of $3.2bn (2bn), or 62 cents a share, on revenue of $10.8bn, up 13 percent from a year ago.

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