Enterprise software company Technology One (ASX:TNE) reported earnings of AU$0.3603 per share for the year ended Sept. 30, an increase from AU$0.3154 per share in the year-earlier period, according to a Tuesday filing with the Australian bourse.

Analysts polled by Visible Alpha expected EPS of AU$0.3612.

Net profit attributable to members climbed 15% year on year to AU$118 million from AU$102.9 million. Profit before tax grew 18% to AU$152.9 million, beating the company's 12% to 16% growth guidance.

Revenue from ordinary activities rose 18% to AU$506.5 million from AU$429.4 million. Analysts surveyed by Visible Alpha expected AU$499.9 million.

Total annual recurring revenue, which accounts for 90% of the company's total revenue, rose 20% to AU$470.2 million.

The technology company declared a dividend of AU$0.1737 per share payable on Dec. 13 to shareholders of record as of Nov. 29. This is higher than the final dividend of AU$0.1190 per share declared for the prior-year period.