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◇-ozqPiXLQbU-Fredric(1/24-11:17)No.31961


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31961ozqPiXLQbUFredric E-mail URL1/24-11:17
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Now, moving to guidance. Since Q3, total revenues finished according to our expectations. We are maintaining the midpoint of full year 2013 guidance of $5.190 billion and narrowing the range to between $5.175 billion and $5.205 billion representing year-over-year growth of 12% to 13%. Excluding pivotal and divestitures, our total revenue growth for 2013 is expected to be between 16% and 17%. Given our strong license revenue performance in the third quarter, license revenue for the full year is now expected to be within the range of $2.255 billion and $2.275 billion representing 8% to 9% growth as reported and 10% to 11% excluding pivotal and divestitures. In both cases, this represents an increase in the midpoint of guidance by approximately one half of a percentage point.