Another cracking quarter for Autonomy

(By Anthony Miller – Thursday, 23rd April 2009 7:30am). This is the sort of monotony we really like. Another (Autonomy's24th) quarter of yoy growth,23% to $130m, including a small contribution from Interwoven (see Autonomy to interweave Interwoven) which acquisition completed mid-March. Margins are also up, both ‘adjusted’ and ‘real’ (IFRS). All this beat market consensus and CEO Mike Lynch “expects to be discussing upgrades” to analysts forecasts. What I can’t seem to pick out from today’s results statement (see here) is the value of new licence sales, obviously a key indicator of future revenues, though Autonomy has announced many wins over the last quarter. I’m sure this will all become clear in this morning’s briefing.

TechMarketView subscription service clients will know from reading our recently published IndustryViews: Quoted Sector report that Autonomy has been the most consistent stock performer in the FTSE SCS Index, showing substantial share price gains over 3, 12, 36 and 60 months. Indeed, had you bought Autonomy’s shares 5 years ago you would have seen the value of your stake increase 5-fold. Congratulations all round.