06:43 AM

BEA Systems' 4Q Profit Soars

Middleware vendor says net income tripled to $35 million, even though software license sales dropped 2%.

BEA Systems says its fourth-quarter profit more than tripled to $35 million, and revenue rose 8% to $249.3 million. But software license sales declined slightly, and the middleware company predicted a "normal seasonal downtick" in sales for the first quarter, which ends in April.

Software license sales fell 2% during the quarter ended Jan. 31, the company reported Thursday, as revenue growth came from sales of service and support to existing customers. CFO Bill Klein says license fees will be about half of first-quarter revenue, which he estimates will be $235 million to $239 million.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of July 17, 2016. We'll be talking with the editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.