NASDAQ: MCRS 0 (00/00/0000 00:00am)


Welcome to the

MICROS INVESTOR RELATIONS CENTER

Frequently Asked Questions

MICROS Stock


Information


MICROS Stock

Q: Can I buy or sell stock directly through MICROS?

A: MICROS does not offer direct stock purchases or sales. All stock transactions should be handled through a registered stock brokerage firm of your choice.

Back to Top


Q: Where is your stock traded?

A: MICROS's common stock is traded on the NASDAQ National Stock Market.

Q: What is the ticker symbol?

A: MCRS

Back to Top


Q: What is MICROS' CUSIP Number?

A: MICROS' CUSIP Number is 594901100.

Back to Top


Q: Does MICROS pay a dividend?

A: The Company has not paid any dividends on its common stock. The Company currently intends to retain earnings for use in its business; therefore it does not anticipate paying cash dividends in the foreseeable future to common stockholders.

Back to Top


Q: Who is the transfer agent?

A: Registrar & Transfer Co.
    10 Commerce Drive
    Cranford N.J. 07016
    1-800-368-5948

Back to Top


Q: When is the next annual shareholders meeting?

A: MICROS will hold its FY2011 Shareholders Meeting on Friday, November 18, 2011, at 11:00 am, Eastern Standard Time, at its corporate headquarters in Columbia, Maryland. All shareholders are invited to attend.

Back to Top


Q: What is the scheduled release date for MICROS's FY2012 financial results (MICROS operates on a July to June fiscal year)?

A: MICROS will release its fiscal 2012 first quarter results (quarter ending September 30, 2011) on Thursday, October 27, 2011.  Here are details for the conference call which follows the earnings release.

The tentative release dates for the following quarterly results are as follows:

Fiscal 2012 second quarter  (quarter ending December 31, 2011) Thursday ,January 26, 2012

Fiscal 2012 third quarter (quarter ending March 31, 2012) Thursday, April 26, 2012

Fiscal 2012 fourth quarter and year-end (quarter ending June 30, 2012) Thursday, August 30, 2012

Back to Top


Q: Does MICROS hold investor conference calls?

A: Yes, MICROS holds a conference call at 4:45pm, (eastern time) on the day of the financial results release. All investors are welcomed to participate. Click here for conference call information

Back to Top


Q: Which investment firms provide research coverage on MICROS?

A: Listed below are the investment firms that provide research on MICROS.  As a matter of policy, MICROS does not publicly distribute analyst reports.  The respective firms should be contacted regarding their respective distribution policy.

Investment Firm Analyst Phone Number
GARP Robert Furlong 410.318.5015
Janney Montgomery Liam Burke 202.966.4305
Jefferies Ross McMillan 212.284.2439
Noble Financial Vincent Collichio 561.994.5725
Oppenheimer Brad Reback 404.364.8728
RBC Daniel Perlin 410.625.6130
Raymond James Terry Tillman 404.442.5825
Sidoti Brian Murphy 212.453.7046
Needham & Co. Mayank Tandon 617.457.0943
Wedbush Gil Luria 213.688.4501
William Blair Bhavan Suri 617.216.3879

Back to Top

Q: Has MICROS ever split its stock?

A: Yes, MICROS has split its stock three times in its corporate history since becoming a public company in 1981.  MICROS split its stock in June 1998, February 2005 and February 2008. All the splits were executed as a one-for-one stock dividend.

Back to Top


Q: What time period does MICROS's fiscal year cover?

A: MICROS's fiscal year runs from July 1 to June 30 of the following year.

Back to Top


Q: Is MICROS repurchasing its stock?

A: Yes.  MICROS management received Board authorization in August 2010 to repurchase 2,000,000 shares for its sixth authorized share buyback.  As of June 30, 2011, approximately 2.2 million shares are available for repurchase from the 2009 and 2010 authorizations.

Back to Top


Q: What is the breakdown of MICROS's business from the United States and internationally?

A:

FY2011 FY2010 FY2009
$000 % $000 % $000 %

United States

$471,865 46.8% $474,527 51.9% $434,482 47.6%
International $535,994 53.2% $439,792 48.1% $477,365 52.4%
Total $1,000,859 100.0% $914,319 100.0% $911,847 100.0%

Back to Top

Q: How can I get a copy of the MICROS's most recent conference call transcript?

A: Please download the conference call transcript file here.

Back to Top


Q: What is MICROS revenue recognition policy?

A: Revenue from hardware sales is recognized at the time of shipment with a provision for estimated returns and allowances. Revenue from licensed software sales is recognized in accordance with Statement of Position (“SOP”) 97-2, “Software Revenue Recognition,” as amended by SOP 98-9, “Modification of SOP 97-2, Software Revenue Recognition with Respect to Certain Transactions.” If a third party can install the software, revenue is recognized when shipped, with an appropriate deferral for any undelivered software contract elements. However, if MICROS is the sole party that has the proprietary knowledge to install the software, revenue is recognized upon installation and when ready to go live, with an appropriate deferral for any undelivered software contract elements. This deferral is earned when significant obligations no longer exist. Revenue from customer-specific development work is recognized under the completed contract method. Service contract revenue is initially recorded as deferred service revenue and is recognized on a pro rata basis over the contract term. Revenue from the installation of the product and the training of customers’ staff is recognized as the work is performed.

Back to Top


Q: Does MICROS capitalize software development costs?

A: Yes. MICROS does capitalize software development costs.  In fiscal year 2011, MICROS capitalized $5,580,000 of software development costs.  It amortized $7,489,000 of capitalized software development costs in fiscal 2011.  This expense was charged to Software Cost of Sales.  As of June 30, 2011, MICROS held $18,710,000 of Software Development Costs on its Balance Sheet.

Back to Top


INFORMATION

Q: How do I get a print version of MICROS's annual report, press releases, and other investor relations related literature?

A: The fastest way is to call 1-443-285-8029. Please leave your name, address, and phone number (please speak slowly). You may also submit your request via E-mail to investors@micros.com. We endeavor to send information within three business days.

Back to Top


Q: How can I obtain SEC documents such as a 10K or 10Q?

A: SEC documents are accessible on the world wide web through SEC's Edgar on-line database. MICROS's filing are also available on our Financial Documents web page, or by contacting MICROS Investor Relations Department.

Back to Top

 

Contact

contact

Have a question about MICROS or our solution portfolio?

Click Here to inquire about a specific product

Or don’t hesitate to contact us at:

Phone: (866) 287-4736

E-mail: info@micros.com