BEA has emerged from a failed takeover bid by
Oracleto report a 59% increase in net profits
for the third quarter.
For the quarter ending 31 October, BEA posted net profits of
£28m on sales up 11% at £192m, when compared to the same quarter
last year.
Although license fees dropped by 1%, the enterprise
infrastructure software firm said service fees jumped 18% in a
year. Operating margins also increased from 10.8% a year ago to
16.7% this time.
"In spite of significant distractions during the quarter, the
team did an outstanding job executing to our revenue plan and
generating a strong pipeline of business opportunities as we head
into our seasonally strong fourth quarter," said Alfred Chuang, BEA
CEO.