Utrecht, October 27, 2003 - Macromedia (Nasdaq: MACR) today announced its second quarter fiscal year 2004 financial results. Net revenues for the three months ended September 30, 2003 were $89.9 million, compared with net revenues of $85.9 million reported in the comparable period a year ago. Net income for the three months ended September 30, 2003, was $9.8 million or $0.14 per diluted share, compared to a net loss of $11.7 million or $0.19 per share for the comparable period a year ago. Pro forma net income for the second quarter of fiscal year 2004 was $10.1 million or $0.14 per diluted share, compared to pro forma net income of $7.8 million or $0.13 per diluted share for the second quarter of fiscal year 2003.
"With the continuing explosion in digital devices for all kinds of users, and for so many different applications, our market opportunity has never been greater. This quarter, our new products and services really started to gain traction as our solution set broadens," said Rob Burgess, chairman and CEO, Macromedia. "We are confident our leading brands like Dreamweaver and Flash will continue to play greater roles in enabling better user experiences."
Macromedia also announced its intent to acquire eHelp Corporation, a privately-held company based in San Diego. eHelp is the market leader in help authoring and Macromedia Flash-based software demonstration solutions.
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