LEXINGTON, Mass. -- BladeLogic, Inc. (NASDAQ:BLOG), a leading provider of data center automation software, today announced its financial results for the first fiscal quarter of 2008 ended December 31, 2007.
Financial Highlights
Revenue for the first fiscal quarter of 2008 was $21,461,000, compared to $12,790,000 in the first fiscal quarter of 2007, an increase of 68%.
Net loss for the first fiscal quarter of 2008 was $(395,000), compared with a net loss applicable to common stockholders of $(152,000) in the same fiscal quarter of 2007. Net loss per diluted share was $(0.01) for the first fiscal quarter of 2008. For the first fiscal quarter of 2007 net loss per diluted share applicable to common stockholders, which includes the accretion of the Companys redeemable preferred stock that was either redeemed or fully converted into common stock at the time of the Companys initial public offering, was $(0.01).
Non-GAAP adjusted income from operations was $90,000 for the first fiscal quarter of 2008, which excludes non-cash stock-based compensation expense of $1,214,000, compared to non-GAAP adjusted income from operations of $56,000 for the same fiscal quarter of 2007, which excludes non-cash stock-based compensation expense of $241,000. Net income per share on a non-GAAP adjusted basis, excluding stock-based compensation, was $0.03 per diluted share for the first fiscal quarter of 2008, compared to net income per share on a non-GAAP adjusted basis of $0.01 per diluted share for the same fiscal quarter of 2007, which excludes non-cash stock-based compensation expense of $241,000 and accretion of preferred stock dividends of $126,000.
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