Deferred revenue increased 28% to $7.09 billion, while unbilled deferred revenue jumped 48% touching $13.3 billion. On a regional basis, Americas contributed 72% to the top line for the fourth quarter, while Europe and Asia Pacific brought in 19% and 9% respectively.
Guidance
For the first quarter of 2019, revenue is expected in the range of $2.925 billion to $2.935 billion, GAAP earnings between $0.09 and $0.10 per share, and non-GAAP EPS to be in the range of $0.43 to $0.44.
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For the fiscal year 2019, the company expects its sales to come in between $12.6 billion and $12.65 billion. On a per share basis, GAAP earnings is targeted between $0.61 and $0.63, while non-GAAP earnings is expected in the range of $2.02 to $2.04.
