More on BMC Software's FQ3: BMC's R&D and SG&A expenses both fell Y/Y, helping earnings...

|About: BMC Software, Inc. (BMC)|By:, SA News Editor

More on BMC Software's FQ3: BMC's R&D and SG&A expenses both fell Y/Y, helping earnings beat estimates in spite of the revenue miss. The decline in bookings is due to a 23% Y/Y drop for BMC's ESM server management software unit, which has struggled with sales execution issues. The price for BMC's acquisition of Numara Software is disclosed to be $300M. BMC -1.1% AH. (PR)