Some of the comments we'll make today are forward-looking statements, including statements concerning our projected financial results for future period, our growth and operational strategies, our marketing growth opportunities, our technology leadership and product development, our product portfolio and opportunities, customer adoption of and demand for our products and services, including product upgrades and new releases, the expected use of and benefits from our products and services, the expected benefits of our partnerships and acquisitions, our effective tax rate, our herring plans, the impact of our recent acquisitions and our expectations regarding future industry trends and macroeconomic development.All forward-looking statements are based upon current expectations and beliefs. However, actual results could differ materially. There are many reasons why actual results may differ from our current expectations. These forward-looking statements should not be relied upon as representing our views in any subsequent date. And Informatica undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date that they are made. Please refer to our recent SEC filings, including our quarterly report on Form 10-Q for the quarter ended June 30, 2011, for a detailed descriptions of the risk factors that may affect our results. Copies of these documents may be obtained from the SEC or by contacting our Investor Relations department. During this afternoon's discussion, we will be using GAAP and non-GAAP numbers. Our GAAP results and the reconciliation of the GAAP results to the non-GAAP results are attached in the earnings press release and also available in the Supplemental Metrics section of our Informatica Investor Relations website. Before I hand it over to Sohaib, I'd like to remind you that this call is also being webcast and will available for replay at www.informatica.com/investor. I'd also like to ask you when we get to the question-and-answer period to please confine yourself to just one question. We will allow additional questions if time permits. Thank you. Sohaib?
Sohaib AbbasiThank you, Stephane. In Q3 2011, we obtained record results for third quarter license revenue, total revenue as well as EPS. Our Q3 results showcase the increasing customer demand, growing the adoption of our expansive product portfolio and our strengthening partner ecosystem. After Earl's presentation of our financial results, I will reiterate the key reasons for our firm conviction in our long-term growth plan beyond $1 billion in revenue. Total revenue grew by 21% year-over-year to $196 million. New license revenue grew by 20% to $83.7 million. Q3 was not only the eighth consecutive quarter with year-over-year revenue growth of 20% or more, it also extended the Informatica track record as the 34th consecutive quarter of sustained revenue growth despite the great recession. Total non-GAAP operating income grew by 27% with non-GAAP operating margin up 27.3%. With non-GAAP EPS of $0.34, we achieved the most profitable third quarter to date. The record Q3 results yet again illustrate our long-term growth potential. The increasing customer demand signifies that organizations aspire to become data-driven enterprises in order to better manage in these times of macroeconomic uncertainty. In EMEA, we attained third quarter record results with broader adoption of our latest products. In the Americas, our results include important wins across multiple verticals, including financial services, government and retail. To reiterate, by empowering the data-driven enterprise, data integration now has a more strategic role than ever before, as illustrated by our customer wins around the world. In Europe, the interior ministry of a major government selected Informatica to upgrade its homeland security infrastructure. This organization will use Informatica Identity Resolution technology to match information related to visitors against their watch list to deny access. Not only will this organization be better prepared for the higher traffic associated with any future international events, it realized more immediate results by denying entry to individuals with criminal records in their first weekend of operations.
In the U.S., a leading brokerage and securities firm selected Informatica as the standard for its mission-critical, front office electronic-trading applications. By replacing 4 legacy messaging solutions with Informatica Ultra Messaging, this firm expects to eliminate performance bottlenecks and reduce latency in order to process more transactions at a lower cost.Read the rest of this transcript for free on seekingalpha.com