BMC Software Inc. (BMC) Tuesday reported a decline in profit for the first quarter, due mainly to higher operating expenses.
The Houston, Texas-based company's first-quarter net profit was $54.1 million or $0.33 per share, compared to $95.7 million or $0.53 per share last year.
Adjusted income for the quarter dropped to $105.9 million or $0.65 per share from $129.3 million or $0.72 per share in the prior-year quarter. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.75 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew to $504.4 million from $502.4 million in the prior-year quarter. Twelve analysts had a consensus revenue estimate of $521.79 million for the quarter.
For the quarter, total operating expenses increased to $430.5 million from $387.3 million in the year-ago quarter.
Looking ahead, the company continues to expects fiscal 2013 adjusted earnings in the range of $3.49 to $3.59 per share. Analysts currently expect the company to earn $3.51 per share for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.