MICROS Reports Fiscal 2008 First Quart...(n and Results of Operations and Busine...),Health

Date:10/25/2007

n and Results of Operations" and "Business and Investment Risks" sections of MICROS's SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting MICROS's investor relations department at 443- 285-8059 or at MICROS's website at http://www.micros.com.

MICROS SYSTEMS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited - in thousands, except per share amounts)

First quarter ended Sept. 30,

2007 2006

Revenue:

Hardware $64,901 $54,142

Software 30,851 27,757

Service 120,730 91,802

Total revenue 216,482 173,701

Cost of sales:

Hardware 39,938 33,966

Software 8,509 7,360

Service 54,793 43,706

Total cost of sales 103,240 85,032

Gross margin 113,242 88,669

Selling, general and administrative expenses 67,353 55,589

Research and development expenses 9,114 6,793

Depreciation and amortization 3,846 2,823

Stock option expense (*) 3,844 2,815

Total operating expenses 84,157 68,020

Income from operations 29,085 20,649

Non-operating income, net 3,322
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SOURCE MICROS Systems, Inc. Copyright©2007 PR Newswire. All rights reserved

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