View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
May 14, 2009

BMC claims record year in challenging economy

Revenue, bookings and operating income hit highs

By CBR Staff Writer

Business service management software house BMC Software Inc grew revenue by 8% in its last fiscal year, claiming the numbers rate as a record for the company in terms of its full year performance, total bookings, and non-GAAP operating income.

For the full year the company posted total revenue of $1.87 billion and a non-GAAP operating income of $612 million, while total bookings for the year grew by 6%.

Cash flow from operations was $580 million in the full year, which meant the company ending fiscal 2009 with approximately $1.2 billion in cash and investments.

Profits missed analyst projections for the fourth quarter ended March 31, however, reaching $83 million against $97 million for the same period a year ago. Revenue rose 3% to $479 million, but that missed the $487 million average forecast of Wall Street analysts.

“Despite the challenges, fiscal 2009 was a year of great progress,” said Bob Beauchamp, BMC’s CEO, who noted BMC’s Business Service Management platform saw “unprecedented adoption” during the year.

For fiscal 2010, the Company expects revenue growth in the low single digits.

 

Content from our partners
How to turn the evidence hackers leave behind against them
Why food manufacturers must pursue greater visibility and agility
How to define an empowered chief data officer

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU