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 FY2008 Shareholders Meeting on Thursday, November 20, 2008, 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 are the scheduled (tentative) release dates for MICROS's FY2008 financial results (MICROS operates on a July to June fiscal year)?
A: Tentative dates:
Third fiscal quarter ending March 31, 2008-Release date of April 30, 2008
Fourth fiscal quarter and year ending June 30, 2008-Release date of August 27, 2008
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.
Back to Top
Q: Which investment firms provide research coverage on MICROS?
A: The following firms and analysts provide research coverage on MICROS:
|
Wachovia |
Dan Perlin |
(443) 263-6557 |
|
William Blair |
Corey Tobin |
(312) 236-1600 |
|
Ferris, Baker, Watts |
Liam Burke |
(410) 659-4671 |
|
GARP Research |
Rob Furlong |
(410) 825-6600, x104 |
|
Value Line |
Marina Livso |
(212) 907-1746 |
| Oppenheimer |
Brad Reback |
(404) 238-9572 |
| Brean Murray |
Andrey Glukhov |
(214) 702-6602 |
| Noble |
Vince Colicchio |
(561) 939-7238 |
| Sidoti |
Brian Murphy |
(212) 453-7046 |
| Morgan Wedbush |
Gil Luria |
(213) 688-4501 |
As a matter of company policy, MICROS does not publicly distribute analyst research reports. The respective firms should be contacted by the investor for the specific reports.
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: What is MICROS’s financial guidance for the 2008 third fiscal quarter ending March 31, 2008?
A: MICROS’s guidance for its fiscal 2008 third quarter ending March 31, 2008, is for revenue between $228.0 million and $232.0 million, net income between $23.8 million and $25.2 million, or diluted EPS between $0.56 and $0.59. Guidance for net income, excluding the projected share-based payment charge for the third quarter, is between $26.8 million and $28.2 million, or non-GAAP diluted EPS of $0.63 to $0.67.
Back to Top
Q: Is MICROS buying back its stock?
A: Yes, MICROS has authorization to repurchase up to 2,000,000 shares (adjusted for its February 2008 stock split) shares from November 2007 to November 2010. MICROS initiated and completed two share repurchase programs for a total of 8,000,000 shares from April 2002 to November 2008.
Back to Top
Q: What is the breakdown of MICROS's business from the United States and internationally?
A:
|
FY2007 |
% |
FY2006 |
% |
FY2005 |
% |
|
United States |
$364,139 |
46.3% |
$355,155 |
52.3% |
$323,316 |
54.2% |
| International |
$421,588 |
53.7% |
$323,798 |
47.7% |
$273,948 |
45.8% |
| Total |
$785,727 |
100.0% |
$678,953 |
100.0% |
$597,264 |
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?
A: Yes, MICROS does capitalize software development costs. In fiscal 2007 we capitalized $1,974,000 of development costs. We recognized an amortization expense of $8,392,000 in fiscal 2007, an expense which is included in software cost of sales.
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