BMC Software announces fiscal 2009 third quarter results
Date: Thu, 02/05/2009 - 19:45
BMC Software announced that its fiscal 2009 third quarter revenue was $488 million, an increase of 6 percent from the year-ago period. Growth was seen across all major geographies.
The Company’s GAAP net earnings for the quarter were $84 million, or $0.45 per diluted share, versus $84 million and $0.42 per diluted share in the year-ago period. Non-GAAP net earnings, excluding special items, were $121 million, or $0.64 per diluted share, compared to $107 million, or $0.54 per diluted share, in the year-ago period. Included in the financial tables is a complete
reconciliation between non-GAAP and GAAP results.
“The current economic environment presents an unprecedented opportunity for BMC to strengthen its competitive position, increase market share and extend its footprint with existing and new customers,” said Bob Beauchamp, BMC’s chairman and chief executive officer. “It’s increasingly clear that our customers’ top issue has become efficiency. The old ways of management will not meet the new demands. BSM delivers maximum cost reductions with improved compliance.
Customers are spending money where they see short-term cash ROI and long-term structural cost efficiency. BMC Software's consistent track record of delivering this rapid customer payback has translated into another quarter of strong performance.”