BEA Systems reported an 18 percent quarterly jump in net income and saw its license revenue increase for the first time in more than a year.
The infrastructure software company said that earnings for its second quarter ending July 31 were 9 cents per share, or $36.1 million. Revenue in the quarter climbed 9 percent year over year to $285.2 million. License revenue, which had declined for the previous five quarters, grew by 2 percent to $118.3 million. Company CEO Alfred Chuang attributed the results to sales of its core product, WebLogic Server, and its other Java servers. "BEA is on the move. We are making strides in our existing product portfolio while delivering a new product family that leverages our performance lead in the core application server market and opens opportunities for BEA in new growth markets," Chuang said in a statement.
Join the conversation
Comment replyThe posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.
The company didn't try hard enough to stop a 10-year incursion by hackers likely working from China, says a former Nortel exec cited by the Wall Street Journal.
Google creates an animated doodle that features a boy, a girl, Google's search engine, and a jump rope. But might there be darker, more analytical, more troubling interpretations to this tale?
When the sun goes down, that's when the iPad gets busy for folks with news readers. The iPhone? It's more of a daytime habit. If you're building an app for both devices, heed the lesson.
EnerG2 opens a plant to make an engineered carbon that will improve performance of energy storage devices and make storage for start-stop hybrid cars less expensive.
Join the conversation