Filed under: Earnings reports, Marriott Intl’A’ (MAR), Technical Analysis, Stocks to Buy

Micros Systems (NASDAQ: MCRS) is a leading developer of enterprise applications designed for the hospitality and specialty retail industries. The firm provides hardware and software for point-of-sale and operational applications, as well as back office programs for inventory, labor and financial management needs. The systems operate locally and across the enterprise, allowing management to analyze demand through detailed tracking of inventory, orders and reservations. Marriott International (NYSE: MAR) is a major customer.

The firm pleased investors last week, when it reported fiscal Q2 EPS of 68 cents and revenues of $244 million. Analysts had been looking for 61 cents and $220.7 million. Management also guided Q3 EPS to 63-67 cents (65 cent consensus) and Q3 revenues to $228-$232 million ($229.83M consensus).

Continue reading Micros Systems (MCRS): Shares consolidating in bullish ‘pennant’

Permalink | Email this | Comments

Share This

This entry was posted on Saturday, February 9th, 2008 at 3:17 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.