Compuware Q3 net income up from prior year's

Compuware Corp. (NASDAQ: CPWR) said its non-GAAP net income for the third quarter of 2014 was USD38.0m, or USD0.17 per diluted share, compared to USD32.3m, or USD0.15 per diluted share in the year-ago period.

GAAP net income for the third quarter was USD25.0m, or USD0.11 per diluted share, compared to USD25.3m, or USD0.12 per diluted share in the year-ago period.

Total revenues for the quarter were approximately USD250.5M, down 2.9 percent y/y and up 9.8 percent sequentially. Software license fees were USD56.7M, down 12.6 percent y/y and up 58.8 percent sequentially. Maintenance fees were USD101.6m, flat y/y and up 1.1 percent sequentially. Subscription fees were USD21.7m, up 4.5 percent y/y and 5.2 percent sequentially.

Compuware is a technology performance company. Learn more at http://www.compuware.com.

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