BMC Software (BMC) Sinks Nearly 8% on Weak Q3/Outlook - InvestingChannel

BMC Software (BMC) Sinks Nearly 8% on Weak Q3/Outlook

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BMC Software, Inc. (NASDAQ: BMC) is immediately down 7.8% following weak Q3 results and lower FY outlook.

BMC Software reported Q3 EPS of $0.99, $0.02 worse than the analyst estimate of $1.01. Revenue for the quarter came in at $580.2 million versus the consensus estimate of $587.4 million.

BMC Software, Inc. sees FY2013 EPS of $3.35-3.45, versus prior guidance of $3.49-3.59 and the consensus of $3.5

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