BMC FY Q2 EPS Tops Street; Ups FY 2010 Outlook

BMC Software (BMC) today reported revenue for its fiscal second quarter ended September 30 of $461.8 million, a hair below the Street at $462.7 million. But non-GAAP EPS of 66 cents beat the Street at 58 cents. Bookings were up 6%.

For the March 2010 fiscal year, the IT software provider now sees non-GAAP EPS of $2.55 to $2.65 a share, up from previous guidance of $2.47 to $2.57 a share. Full year cash flow from operations is still expected to be $600 million to $650 million.

In late trading, BMC is up 78 cents, or 2.1%, to $38.