MICROS Systems, Inc.
) advanced technology services have been selected by Catalina
Restaurant Group (CRG) for its latest restaurant chain, Ranch House
Café and Grill in California.
This association was in accordance with CRG's new two launches
at La Habra, and Walnut in California. The company through its
MICROS Simphony platform will be engaged in providing various
cloud-based enterprise solution services to CRG for controlling its
entire restaurant management system and raising its overall
productivity by reducing its costs.
MICROS will not only offer its advanced MICROS Simphony platform
but will also encompass its MICROS Kitchen Display System (KDS)
solutions for augmenting CRG's total kitchen efficiency. In
totality, this would ameliorate customer satisfaction levels as
well as management efficacy at the restaurants.
This collaboration will not only boost MICROS' market share but
also enhance the satisfaction levels of its clients by providing
them with improved and user-friendly enterprise solution services.
CRG would also benefit immensely from this association through
augmenting its entire restaurant management and expanding its
A vast range of technology solutions seem to be in burgeoning
demand for the company. These include its point-of-sale solution
(POS), OPERA Enterprise Solution (OES), Restaurant Enterprise
Series (RES) and many other advanced platforms. Earlier in the
fourth quarter of fiscal 2012, the company reported revenues of
$302.5 million, up 10.4% year over year and 8.8% sequentially. The
record revenue was due to the company's overall impressive
performance in all its business segments across all regions.
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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