BMC Software reports lower quarterly profit

Reuters News
|
Posted: Oct 31, 2012 4:12 PM
BMC Software reports lower quarterly profit

(Reuters) - Business software maker BMC Software Inc's quarterly profit fell 15 percent as license bookings from its corporate customers declined.

Net income fell to $97.8 million, or 61 cents per share, in the second quarter, from $114.7 million, or 65 cents per share, a year earlier.

Excluding items, earnings were 88 cents per share.

Revenue fell 2 percent to $548.2 million.

BMC is exploring a sale and has approached potential suitors including large technology companies and private equity firms.

(Reporting by Neha Alawadhi in Bangalore; Editing by Saumyadeb Chakrabarty)