Indeed, worldwide revenue during the first three quarters of this year actually rose 15.2 percent, including a 13.6 percent jump in the U.S. market, co-founder and CEO Jim Goodnight told a gathering of reporters this morning in the company’s Executive Briefing Center at its sprawling Cary campus.
The company’s lower year-end projections aren’t the result of an expected slowdown in business in the fourth quarter, Goodnight said. Rather, the company’s professional services business is at full capacity and can’t grow further this year.
“The business is very, very healthy right now,” said Jim Davis, senior vice president and chief marketing officer.
Double-digit revenue growth would far outstrip last year’s 5.2 percent rise to a record $2.42 billion. The privately held company doesn’t disclose its profits.