The company generated cash flow from operations of US$84.5 million for the 2008 fourth quarter.

2008 full-year results

Total revenue for 2008 increased 10 per cent year-over-year to US$1.13 billion, and licence revenue for the year increased 11 per cent year-over-year to US$383.7 million. Services revenue increased five per cent to US$572.1 million, and messaging revenues increased 29 per cent to US$176.2 million.

Non-GAAP operating income increased 21 per cent year-over-year to US$266.1 million, representing a non-GAAP operating margin of 24 per cent. Non-GAAP net income grew 20 per cent year-over-year, reaching US$189.0 million, or US$2.24 per diluted share.

Full-year GAAP operating income increased 25 per cent year-over-year to US$210.1 million, representing an operating margin of 19 per cent. The company reported GAAP net income of US$138.6 million, or GAAP EPS of US$1.64.