* Fourth-quarter profit/shr $0.87 vs est $0.93
* Qtrly revenue $568.6 mln vs est $591.9 mln
May 6 BMC Software Inc, which has agreed
to be taken private, on Monday reported a quarterly profit which
rose less than analysts polled by Reuters had expected, as
higher operating expenses ate into the business software maker's
BMC, whose anemic growth has been a source of frustration
for shareholders, said earlier on Monday it had agreed to be
bought by a private-equity group led by Bain Capital and Golden
Gate Capital for about $6.9 billion.
The Houston, Texas-based company's operating expenses rose
0.9 percent or 4.1 million dollars in the fourth quarter, with
research and development expenses increasing 33 percent compared
to the previous year.
BMC's cloud-related license bookings rose 35 percent to more
than $100 million.
Even so, investors and analysts have said BMC's management
has neglected the huge opportunity to expand into the
fast-growing cloud computing market that is dominated by
Bigger rivals Oracle Corp and SAP AG also
have been investing heavily in cloud computing over the past two
Net income rose to $72.7 million in the fourth quarter, or
50 cents per share, from $70.7 million a year earlier. BMC's
adjusted profit of 87 cents per share missed analysts' estimates
by 6 cents.
Revenue rose marginally to $568.6 million. Analysts expected
revenue of $591.9 million, according to Thomson Reuters I/B/E/S.
The company was initially supposed to report its quarterly
results on Tuesday. BMC could not be reached for comment outside
U.S. business hours.
The company's shares closed at $45.42 on the Nasdaq on