MICROS Systems, Inc.
) MICROS OPERA solution has been chosen by Pestana Group. This was
done with the intent of installing the company's MICROS OPERA
solution across Pestana Group's 9 properties in Brazil.
The company through its MICROS OPERA and MICROS Point-of-Sale
(POS) platform will be engaged in providing various cloud-based
enterprise solution services to Pestana Group for controlling its
entire business process and raising its overall productivity.
MICROS will not only offer its advanced MICROS OPERA platform but
will also encompass its MICROS Consulting Services to execute an
OPERA audit in Pestana Group's Central Reservations Office.
Management stated that with this association, the company would
be able to extend its long-term collaboration with Pestana Group.
This collaboration will boost MICROS' market share significantly
and augment the satisfaction levels of its clients through
providing improved and user-friendly enterprise solution services.
At the same time, this partnership will enhance Pestana Group's
entire business operations considerably.
MICROS has emerged as a formidable player in the field of hotel
information systems market. The company's wide range of technology
solutions such as point-of-sale solution (POS), OPERA Enterprise
Solution (OES), Restaurant Enterprise Series (RES) and many other
advanced platforms are being deployed by various noteworthy hotels,
resorts and restaurant chains. Additionally, the company's newly
introduced product ranges and best-in-class services are likely to
mitigate increasing demand in the industry and augment its revenue
streams going forward.
We are optimistic that MICROS' long-term contract wins and
partnership agreements will continue to generate approbatory yields
in the quarters ahead. However, the company faces tough competition
PAR Technology Corporation
), who are continuously strengthening their potentials through
expanding their businesses worldwide.
The current Zacks Consensus Estimates for the first quarter of
fiscal 2013 and for fiscal 2013 are 49 cents and $2.26,
respectively. The company currently retains a Zacks #3 Rank, which
translates into a short-term "Hold" rating. Also, we are
maintaining a long-term "Neutral" recommendation on the stock.
MICROS SYS (MCRS): Free Stock Analysis Report
NCR CORP-NEW (NCR): Free Stock Analysis Report
(PAR): ETF Research Reports
PANASONIC CORP (PC): Free Stock Analysis Report
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