Looking for new areas of revenue, infrastructure software company BEA Systems intends to introduce a new set of products, according to the company's CEO.
BEA's second-quarter earnings, which the company reported on Thursday, exceeded analysts estimates but did not allay concerns about the company.
The infrastructure software company said its revenues were $365 million in the quarter but did not report earnings because of an ongoing review of its accounting. Services revenue was up, but its license revenue was down 9 percent.
Financial analysts said the consistent license revenue slide has raised concerns about the company's competitive … Read more