Black Knight’s earnings up on 7% growth in software revenue

Total GAAP revenue was $215.8 million, up 5.7%, with $198.1 million in GAAP recurring revenue, representing 91.8% of total GAAP revenue. GAAP recurring revenue was up 9.5%. Total nonGAAP revenue was $216.5 million, up 5.9%, with $198.8 – million in non-GAAP recurring revenue, representing 91.8% of total non-GAAP revenue.

The Retained Earnings formula represents all accumulated net income netted by all dividends paid to shareholders. Retained Earnings are part of equity on the balance sheet and represent the portion of the business’s profits that are not distributed as dividends to shareholders but instead are reserved for.

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New software revenue came in at $971 million, a 14-percent increase over the Sales of its database software is also on track, Oracle said, after seeing its fifth consecutive quarter of growth. New software license revenue is expected to be up around 8 percent for the third-quarter, while earnings.

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With all major software product categories and all geographic regions posting growth, Oracle reported new software license sales up 13% to $849 million and license update and product support revenue up 17% to $1.1 billion. The company again expects growth in all areas of the world, he said.

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While revenue and retained earnings are distinct, both terms interrelate in business data reporting. Revenue minus corporate expenses yields net income, which ultimately flows into the retained earnings master account. This movement happens at the end of a company’s accounting cycle when.

Cloud & software revenues increased more than 11% at constant currency. top-line growth benefited from strong cloud revenue growth in China and Japan. In the EMEA, software revenues grew at double-digit rate in the United Kingdom. Middle East and Germany reported solid single digit software.

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Good morning, ladies and gentlemen, and welcome to the Cannae Holdings Second Quarter 2018 Earnings Conference Call. During today’s presentation, all parties will be in a listen-only mode.

Black Knight, Inc. (BKI) CEO Anthony Jabbour on Q2 2018 Results. – Net earnings attributable to Black Knight were $40 million or $0.27 per diluted share compared to $8.2 million In our origination software business, adjusted revenues increased 5%, including 35% growth in And just my – for my follow-up on the new product commentary, you mentioned servicing digital.

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