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ER NEWS TODAY

Positive
Non-GAAP Net Income increased to $19.9 million from $12.1 million year-over-year
International revenue grew 2.7% to $53.1 million
High subscription revenue composition at 95.9% of total revenue
Maintained strong cash position of $119.5 million

Negative
Revenue decreased 2.6% to $104.7 million year-over-year
Operating loss of $49.6 million compared to operating income of $11.2 million last year
Revenue Retention Rate declined to 89% from 94% year-over-year
PeopleSoft services wind-down will impact approximately 8% of revenue
Suspended financial guidance due to Oracle litigation uncertainty
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