BMC Software Saw Q4 Earnings Rise

BMC Software recently announced its fiscal 2011 fourth quarter results.

Fourth-quarter net income at BMC rose 3.1 percent to $122.5 million, or 67 cents a share, while revenue rose 14.4 percent to $562.2 million.

BMC closed 34 enterprise services management deals over $1 million in the quarter, bringing the year’s total to 109, compared with 80 in fiscal 2010.

The software maker brought in full-year revenue of $2.1 billion, an 8% increase on the prior year, and above analysts’ forecast of $2.04 billion. Excluding items, the software firm earned $2.99 a share, 12% higher than fiscal 2010, and in line with Wall Street’s forecast.

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