Operator: Good afternoon, ladies and gentlemen. I am Jumaria. Welcome to TIBCO's Second Quarter 2012 Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. You can also listen to this call via the Internet at www.tibco.com.
Today's call is being recorded and will be available for playback from TIBCO Software's website at www.tibco.com. In addition, replay will be available through InterCall for one month following today's call by dialing 800-585-8367 or 404-537-3406 internationally. The confirmation code is 88581564.
The following conference call includes forward-looking statements, which represent TIBCO Software's outlook and guidance only as of today and which are subject to risks and uncertainties. These forward-looking statements include, but are not limited to, forecasts of revenues, operating margins, operating expenses, outstanding shares, and earnings per share for future periods. Our actual results could differ materially from those projected in such forward-looking statements. Additional information regarding the factors that could cause actual results to differ materially are discussed in the Risk Factors section of TIBCO's most recent reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission. TIBCO assumes no obligation to update the forward-looking statements included in this call whether as a result of new developments or otherwise.
This conference call also includes certain financial information that has not been prepared in accordance with Generally Accepted Accounting Principles, as we believe that such information is useful for understanding our financial condition and results of operations. For a presentation of the most directly comparable financial measures calculated in accordance with GAAP and a reconciliation of the differences between the non-GAAP and GAAP financial information, please see our website at www.tibco.com.
The presenters on the call are Vivek Ranadive, TIBCO's Chairman and CEO; Murray Rode, Chief Operating Officer; and Sydney Carey, Chief Financial Officer.
I'd now like to turn the call over to Vivek.
Vivek Ranadive - Chairman and CEO: Thanks. Hello everyone for joining us today. I'll begin with a brief discussion of our Q2 performance and provide some remarks on the broader environment we are seeing before turning it over to Murray and Sydney to discuss details.
We delivered another quarter of strong growth in Q2 with total revenue increasing 20% and license revenue increasing 17% respectively on a constant currency basis. Sydney will describe the currency effects in further detail later in the call.
As reported, total revenue came in at $247 million. License revenue was $93 million. Non-GAAP operating margins were 25% and our non-GAAP EPS was $0.26. This now marks four straight years, 16 consecutive quarters, where we have beaten consensus EPS estimates. This will also be the tenth consecutive quarter of growing EPS by more than 20% over the prior year.
It was a busy quarter for TIBCO. We met or exceed all of our guidance metrics. We acquired a great company and exciting technology in LogLogic. We signed some terrific new logos in partners. We showed up our balance sheet and domestic cash. We held a number of regional marketing events that saw truly impressive attendance and demand.