Borland Software Corp. (BORL), a vendor of open application lifecycle management solutions, on Thursday reported wider loss for the fourth quarter compared to the year ago quarter, owing to fall in revenues and charges. The company issued fiscal 2008 guidance which forecasts GAAP net loss.Net loss posted by the Austin, Texas-based Borland Software was $41.71 million or $0.57 per share compared to $10.82 million or $0.14 per share a year ago. Non-GAAP net loss was $2.66 million or $0.04 per share compared to $1.78 million or $0.02 per share in the prior year period. Analysts surveyed by First Call/Thomson Financial expected the company to report loss of $0.04 per share for the quarter. Net loss for the quarter included an impairment charge of $26.5 million in CodeGear goodwill, $1.2 million in stock-based compensation, $2.2 million in amortization of intangibles and $9.1 million in restructuring and other related expenses.Borland reported total revenues of $61.46 million for the quarter compared to $75.77 million in the same period last year. Three analysts estimated revenues of $66.12 million for the quarter. License and other revenues declined to $29.36 million from $39.36 million a year ago, while services revenue slipped to $32.09 million from $36.41 million in the prior year period. Revenue for ALM products and services for the quarter was $35.7 million. Deployment products and services revenue was $8.9 million and CodeGear products and services revenue was $16.9 million.Borland is in the midst of a multi-year transformation aimed at creating a growing, profitable, innovative leader in the ALM market, said Tod Nielsen, president and CEO of Borland. It is important to judge 2007 in context of this transformation. Though ALM revenue did not show the growth of the prior year, Borland reached significant milestones each and every quarter.For fiscal 2007, Borland reported wider loss of $61.67 million or $0.85 per share compared to $51.95 million or $0.67 per share in the prior year. Non-GAAP loss was $9.01 million or $0.12 per share compared to a loss of $17.0 million or $0.22 per share in the previous year. For 2007, Borland reported total revenue of $268.78 million compared to $304.66 million recorded last year. Looking ahead to fiscal 2008, the company said its expects GAAP net loss between $26 and $11 million. On a non-GAAP basis, the company will report earnings in the range from a loss of $12 million to a profit of $3 million. Total revenue is estimated to be in the range of $235 to $255 million. The Street anticipates earnings of $0.01 per share on revenues of $271.81 million for the year.BORL is trading at $1.95, down $0.66 or 25.29% on a volume of 4.22 million shares.
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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.