TIBCO Software has announced results for its second fiscal quarter, which ended 30 May 2004. Total revenues for the second quarter were $81m. Licence revenues for the second quarter were $45.3m. Net income for the quarter calculated in accordance with generally accepted accounting principles (GAAP) in the United States was $9.6m or $0.05 per share on a fully diluted basis. TIBCO had non-GAAP net income for the second fiscal quarter of $11.0m, and its non-GAAP net income per share on a fully diluted basis was $0.05 for the quarter. Non-GAAP results exclude stock-based compensation charges and amortization of acquired intangibles, and assume a non-GAAP effective tax rate of 38 per cent, said the company.
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