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Compuware Corporation Announces Preliminary Financial Results
FARMINGTON HILLS, Mich. -- October 2, 2001 -- Compuware Corporation (Nasdaq: CPWR) today announced preliminary financial results for its quarter ended September 30, 2001. Compuware estimates its fiscal 2002 second quarter revenues will be in a range of $420-$426 million. Earnings per share (diluted computation before amortization expense) are expected to be in a range of 9 to 11 cents. Analyst estimates for EPS in Compuware's second quarter range from 9 cents to 12 cents, with a consensus of 11 cents. Compuware expects software new license revenue to be $85-$88 million. Maintenance revenue for the quarter is expected to be $108-$109 million. Revenue from Compuware's Professional Services Division should be in a range of $226-$229 million. Compuware will host a conference call to discuss these results today at 5 p.m. Eastern Time. The conference call telephone number for calls originating in the United States is 877-459-8388. For those calls originating outside of the United States, the number is 712-271-3698. The conference call password is Compuware. A replay will be available shortly after the conclusion of the conference call. To reach the replay from the United States, call 888-568-0679. To reach the replay from outside of the United States, call 402-998-1463. Compuware will announce final results for its fiscal 2002 second quarter on Thursday, October 18. Compuware CorporationWith fiscal 2001 revenues of more than $2 billion, Compuware Corporation provides business value through software and professional services that optimize productivity and reduce costs across the application life cycle. Meeting the rapidly changing needs of businesses of all sizes, Compuware's market-leading solutions improve the quality, ease the integration and enhance the performance of distributed, e-business and enterprise software. Compuware employs nearly 13,000 information technology professionals worldwide. For more information about Compuware, please contact the corporate offices at 800-521-9353. You may also visit Compuware on the World Wide Web at http://www.compuware.com.
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