Borland Reports Strong Financial Results for Second Quarter 2004
Company Achieves $76.5 Million in Revenue, GAAP Earnings of $0.03 per share and Non-GAAP Earnings of $0.08 per share
SCOTTS VALLEY, Calif. - Jul 22, 2004 : Borland Software Corporation (Nasdaq:BORL) today announced financial results for its second quarter of 2004.
Revenues for the second quarter of 2004 were $76.5 million, and GAAP net income for the second quarter of 2004 was $2.8 million, or $0.03 per diluted share. This compares to revenues of $72.9 million and GAAP net income of $713,000, or $0.01 per diluted share, reported in the prior quarter and revenues of $76.3 million and a GAAP net loss of $5.0 million, or $(0.06) per diluted share, reported in the second quarter of 2003.