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Revenues
rose to $871.5 million in 1999, achieving an 18.5 percent
increase over the previous year – a growth rate that
led our industry.
Operating income and operating margin (excluding merger and
restructuring charges) increased to $100.7 million and 11.6
percent in 1999 compared to $45.6 million and 6.2 percent,
respectively, in 1998. Headcount at year-end was 3,672, bringing
annual revenue per employee to approximately $237,000 compared
with approximately $185,000 a year ago. And during the fourth
quarter, which was the first quarter with a full portfolio
of products and solutions for the new economy, only 73 percent
of our revenues came from our traditional database business.
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Performance
was strong across all of Informix’s geographic operating
segments. North America posted revenue of $423.0 million
in 1999, up 19 percent from revenue of $356.1 million
in 1998. Revenue growth in the Europe, Middle East and
Africa region increased 18 percent from a year ago to
$283.6 million, despite adverse foreign exchange conditions.
Revenue in the Asia/Pacific region was $96.2 million,
up 18 percent from a year ago, while Latin America posted
revenue of $68.8 million, up 20 percent from 1998. |
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