Micros Systems profit rises, doubling stock buyback

Micros Systems Inc. plans to double the size of its stock buyback as the company’s second-quarter profit rose 15 percent.

The Columbia maker of cash registers and inventory management systems used in the hotel, retail and restaurant industries posted net income of $44.1 million for the second quarter of its 2013 fiscal year. That was up from $38.3 million the company earned in second quarter of fiscal 2012. Earnings per share rose to 54 cents, up from 47 cents in the year-ago quarter.

On a non-GAAP…