Actuate Corp (BIRT) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 31, 2011

Exhibit 99.1

Actuate Reports Fourth Quarter and Fiscal Year 2011 Financial Results

+ Record Annual BIRT License Business of $16.2 million Up 70% Year-over-year;

+ Total Q4 License Revenue Up 13% Year-over-year;

+ Q4 Non-GAAP Operating Margins of 27.5%;

+ Q4 Non-GAAP Fully Diluted EPS Up 25% Over Prior Year to $0.15;

+ Annual Non-GAAP Fully Diluted EPS of $0.49.

SAN MATEO, Calif.--(BUSINESS WIRE)--January 30, 2012--Actuate Corporation (NASDAQ:BIRT) - The people behind BIRT

Fourth Quarter 2011 Financial and Operational Highlights:

• License revenue of $13.3 million, up 13% year-over-year;
• Q4 included 3 transactions with a license revenue component in excess of $1.0 million;
• Non-GAAP revenue of $35.3 million, an increase of 8% from the same period a year ago;
• Non-GAAP operating income of $9.7 million, up 23% year-over-year;
• Non-GAAP operating margins of 27.5%, up 340 basis points from the year ago quarter;
• Non-GAAP fully diluted EPS of $0.15 up 25% year-over-year;
• Total cash and short-term investments, net of debt, of $67.4 million, an increase of $28.1 million from a year ago;
• Operating cash flow of $6.9 million;
• The Company repurchased $5.0 million worth of stock.

Fiscal Year 2011 Financial and Operational Highlights:

• Record annual BIRT license business of $16.2 million, up 70% year-over-year;
• Annual non-GAAP revenue of $135.0 million;
• Annual license revenues of $49.2 million;
• Record annual non-GAAP operating margin of 24% and non-GAAP net income margin of 19%;
• Record annual GAAP operating margin of 15%;
• Record annual fully diluted non-GAAP EPS of $0.49;
• Annual operating cash flow of $21.2 million;
• Booked 205 BIRT license transactions during 2011, up 22 year-over-year;
• Paid off $40 million in outstanding debt.