 Q3 2012 Earnings Conference Call NASDAQ: JDAS November 1, 2012 Exhibit 99.2 |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Forward Looking Statements Forward-Looking Statements Except for historical information, this presentation contains forward-looking statements which include words such as “believe”, “anticipate” and “expect.” These forward-looking statements involve risks and uncertainties that may cause our actual results to differ materially from those expressed or implied by these statements. Factors that may affect our results are summarized in our annual report on Form 10-K filed on August 6, 2012 as well as our subsequent quarterly reports on Form 10-Q. JDA assumes no obligation and does not intend to update forward-looking statements made in this presentation. Non-GAAP Information A non-GAAP reconciliation of information and definitions of terms such as “Adjusted EBITDA”, “Adjusted Non-GAAP EPS”, and other non-GAAP financial measures contained in this presentation can be found in the appendix of this presentation. |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Q3 2012 Highlights • Revenue of $164.5 million – Software and Subscription revenue of $31.5 million • Closed 37 software deals, 6 deals in excess of $1 million – Maintenance revenue increased 2% versus prior year with strong retention rates – Consulting services revenue of $64.3 million • Earnings and margins – Adjusted EBITDA of $44.5 million – Adjusted EBITDA margin of 27% – Adjusted non-GAAP EPS of $0.53 • Excellent cash flow – Cash flow from operations 1 of $40 million – Free cash flow 1 of $36 million – $412 million cash balance 2 ; $138 million net cash Notes: 1. Includes the impact of the revenue recognition investigation and restatement costs of $1.7 million in Q3’12 2. Equals cash and cash equivalents plus restricted cash |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL YTD September 30, 2012 Highlights • Revenue of $495 million – Closed152 software deals (24 in excess of $1 million) versus 172 deals (29 in excess of $1 million) in the year ago period – Maintenance retention rates remain strong with a 95.3% retention rate – Consulting services revenue increased 1% versus prior year • Earnings and margins – Adjusted EBITDA of $128 million – Adjusted EBITDA margin of 26% – Adjusted non-GAAP EPS of $1.51 • Excellent cash flow – Cash flow from operations 1 of $118 million – Free cash flow 1 of $109 million – $412 million cash balance 2 ; $138 million net cash 1. Includes the impact of the revenue recognition investigation and restatement costs of $5.2 million, $5.5 million and $1.7 million in Q1’12, Q2’12 and Q3’12, respectively 2. Equals cash and cash equivalents plus restricted cash Notes: |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Q3 Results Notes: 1. Includes the impact of the revenue recognition investigation and restatement costs of $5.5 million and $1.7 million in Q2’12 and Q3’12, respectively 2. Equals cash and cash equivalents plus restricted cash 3. Amounts may not add due to rounding ($'s in millions, except per share data) Revenues Q3 2011 Q2 2012 Q3 2012 Y/Y Growth Seq Growth Software & Subscriptions 38.5 $ 35.8 $ 31.5 $ -18% -12% Maintenance 67.6 66.8 68.8 2% 3% Total Product Revenue 106.1 102.6 100.2 -6% -2% Services 67.0 66.1 64.3 -4% -3% Total Revenue 173.1 $ 168.8 $ 164.5 $ -5% -3% Performance Metrics Adjusted EBITDA 52.9 $ 44.2 $ 44.5 $ -16% 1% % of Revenue 31% 26% 27% -4% 1% Adjusted Non-GAAP EPS 0.67 $ 0.54 $ 0.53 $ -21% -2% Operating Cash Flow 1 36.9 $ 28.9 $ 40.4 $ 9% 40% Free Cash Flow 1 34.1 $ 27.0 $ 36.4 $ 7% 35% Cash Balance 2 326.8 $ 366.4 $ 411.7 $ 26% 12% |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL • Closed 6 large (>$1 million) software deals in Q3 compared to 10 in Q3 2011 • Average sales price was $724,000 Software Sales Notes: 1.Trailing-twelve months 2.Total software revenue includes both license and subscription revenue 3. Large deals include deals greater than $1 million Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 2 ($ in millions) 15 20 25 30 35 40 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Large Deals 3 (TTM 1 ) $125 $135 $145 $155 $165 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2011 2012 TTM 1 Total Software Revenue ($ in millions) Total Software Revenue 2 |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Improving Maintenance Performance • Consistent, predictable source of revenue and cash flow • Continued strong maintenance retention rate • Excellent gross profit margins |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Steady Services Performance • Strong margins on substantial revenue $67.0 $74.1 $66.0 $66.1 $64.3 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Services Revenue ($ in millions) 24.6% 33.7% 22.1% 21.6% 20.8% Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Gross Profit Margin |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Operational Excellence • Proven consistency in operating cost discipline • G&A costs include $5.2 million of revenue recognition investigation and restatement costs in Q1 2012, $5.5 million in Q2 2012, and $1.7 million in Q3 2012 10.8% 9.9% 11.8% 11.1% 11.1% Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Product Development (As % Total Revenue) 14.9% 14.5% 15.3% 14.5% 14.7% Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Sales and Marketing (As % Total Revenue) General & Administrative (As % Total Revenue) |
 Strong EBITDA & EPS Performance • Sequential EBITDA and EBITDA Margin growth $52.9 $62.6 $38.9 $44.2 $44.5 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Adjusted EBITDA ($ in millions) 30.6% 33.8% 24.0% 26.2% 27.1% Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Adjusted EBITDA Margin $0.67 $0.82 $0.44 $0.54 $0.53 Adjusted Non- GAAP Diluted EPS Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 |
 Robust Cash Flow • Cash balance of $412 million • Strong, expanding cash flow Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Operating Cash Flow 1 ($ in millions) Free Cash Flow 1 ($ in millions) Net Cash 2 ($ in millions) Q4’11 includes the net cash payment of $54.0 million for the Dillard’s litigation settlement; Q1’12 , Q2’12 and Q3’12 include the impact of the revenue recognition investigation and restatement costs of $5.2 million, $5.5 million, and $1.7 million respectively Net cash equals cash and cash equivalents plus restricted cash less total debt. Net cash includes the impact of the Dillard’s litigation settlement and revenue recognition investigation and restatement costs Notes: 1. 2. |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL 2012 Q3 Highlights • Continued strength in maintenance • Operating cost containment • Excellent cash flow • $412 million of cash on hand • Enhanced focus on shareholder value |
 APPENDIX |
 Copyright 2011 JDA Software Group, Inc. - CONFIDENTIAL Non-GAAP Reconciliations¹ Actual Results Notes: 1. Amounts may not add due to rounding ($'s in millions, except per share data) Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012 Net Income 18.3 $ 3.6 $ 4.7 $ 10.6 $ 11.1 $ Income tax provision (benefit) 11.4 (1.4) 2.8 6.3 7.4 Interest expense & amortization of loan fees 6.4 6.4 6.4 6.5 6.6 Amortization of acquired software technology 1.7 1.7 1.7 1.7 1.7 Amortization of intangibles 9.6 9.5 9.5 9.5 9.5 Depreciation 3.2 3.3 3.7 3.8 3.8 EBITDA 50.7 $ 23.2 $ 28.8 $ 38.5 $ 40.1 $ Restructuring charges 0.8 0.6 2.2 0.2 (0.2) Stock-based compensation 2.1 0.9 2.9 1.7 4.2 Litigation provision and settlements, net - 39.0 - - - Investigation and restatement costs - - 5.2 5.5 1.7 Interest income and other non-operating income, net (0.6) (1.2) (0.3) (1.6) (1.3) Adjusted EBITDA 52.9 $ 62.6 $ 38.9 $ 44.2 $ 44.5 $ Income Before Taxes 29.7 $ 2.2 $ 7.5 $ 16.9 $ 18.5 $ Amortization of acquired software technology 1.7 1.7 1.7 1.7 1.7 Amortization of intangibles 9.6 9.5 9.5 9.5 9.5 Restructuring charges 0.8 0.6 2.2 0.2 (0.2) Stock-based compensation 2.1 0.9 2.9 1.7 4.2 Litigation provision and settlements, net - 39.0 - - - Investigation and restatement costs - - 5.2 5.5 1.7 Adjusted Income Before Income Taxes 43.9 $ 54.0 $ 29.1 $ 35.5 $ 35.4 $ Adjusted Income Tax Expense (15.4) (18.9) (10.2) (12.4) (12.4) Adjusted Net Income 28.5 $ 35.1 $ 18.9 $ 23.1 $ 23.0 $ Adjusted Non-GAAP Diluted EPS 0.67 $ 0.82 $ 0.44 $ 0.54 $ 0.53 $ |