Sybase, the US-based provider of enterprise infrastructure and mobile software, has released financial results for the fourth quarter and full year ended 31 December 2008.

2008 fourth quarter results

Total revenue for the fourth quarter of 2008 increased three per cent to US$305.1 million from US$295.2 million in the fourth quarter of 2007. Licence revenue grew eight per cent to US$122.1 million from US$112.9 million in the fourth quarter of 2007. Services revenues were US$139.8 million in the 2008 fourth quarter. Messaging revenues were US$43.2 million.

Non-GAAP (generally accepted accounting principles) operating income for the 2008 fourth quarter increased five per cent year-over-year to US$85.8 million, representing a 28 per cent operating margin.

Non-GAAP net income for the 2008 fourth quarter was US$63.4 million, or earnings per diluted share (EPS) of US$0.78, compared with non-GAAP net income of US$55.4 million and EPS of US$0.61 in the 2007 fourth quarter.