Here are highlights from Friday’s Analyst Blog:
BMC Software Top Line Grows
BMC Software BMC 69 cents $539.9 million $528.9 million
Moreover, BMC has expanded its presence in key markets through new partnerships. At the same time, the company remains committed to its ongoing strategy of optimizing efficiency, productivity and profitability.
$234.6 million $216.1 million $259.3 million $260.2 million $46.0 million $31.8 million
$594.0 million $295.0 million $163.0 million
$139.4 million $147.6 million $162.2 million $168.2 million
$109.1 million 60 cents $110.7 million 59 cents $125.3 million 69 cents $125.4 million 67 cents
Balance Sheet, Cash Flow & Share Repurchase
$180.3 million $127.1 million $1.54 billion $1.48 billion
$75.0 million $771.0 million
$2.92 to $3.02 $710 million and $760 million $675 million to $725 million
BMC reported decent third quarter results. Moreover, the company provided a positive outlook for fiscal 2011. Acquisitions have expanded BMC’s product portfolio, leading to more comprehensive solutions. Growth prospects in most of its business segments, position in the government vertical and strong cash generation abilities are other positives.
Currently, the company has a Zacks #3 Rank (short-term Hold recommendation).
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