| Micros Systems Inc. |
7031 Columbia Gateway Dr.
Columbia, Md. 21046
Year founded: 1977
Industry: Information technology
Revenue: $400.19 Million
Net Income/Loss: $21.78 Million
Earnings per share: $1.22
Stockholder equity: $221.23 Million
Auditor: PricewaterhouseCoopers LLP
Assets: $370.02 Million
Market capitalization: $839.44 Million
52-week high: 48.65 1/26/2004
52-week low: 24.67 4/14/2003
Chairman and CEO: A. L. Giannopoulos
CFO: Gary C. Kaufman
Local employees: 550
Description: Micros Systems sells software to hotels, casinos and restaurants to book reservations, track inventory and monitor budget and accounting information. Customers include ice cream makers Ben & Jerry's Homemade, hotel chain Marriott International and casino company Caesars Entertainment.
Developments: Like the travel and tourism industries it serves, Micros Systems was devastated in 2002 by the Sept. 11, 2001, terrorist attacks. But the company recovered during 2003, posting higher sales and profits as the economy improved. The company has said the outlook for hotels in particular looks like it will improve this year. In May the company acquired Datavantage Corp., a Cleveland software company, to penetrate the technology market for retail chains. Datavantage, whose customers include Bed Bath & Beyond and Ikea, designs programs that track customer orders and inventory and reduce theft. The company has told analysts it plans to use its $61 million in cash to fund more acquisitions.
© 2004 The Washington Post Company