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BMC SOFTWARE ANNOUNCES PRELIMINARY FINANCIAL RESULTS

 SUGAR LAND, Texas, April 7, /PRNewswire/ -- BMC Software, Inc. (BMCS) (NASDAQ-NMS: BMCS) today released preliminary financial results for the fourth quarter and fiscal year ended March 31, 1993. For the 1993 fiscal year, BMC said it expects to report revenues of approximately $238,500,000, net earnings of between $64,500,000 and $65,500,000 and earnings per share of approximately $2.48 to $2.50. This compares to revenues of $184,607,000, net earnings of $46,184,000 and earnings per share of $1.79 in fiscal 1992. The company said its expected fiscal 1993 results were consistent with current analysts' earnings estimates for the fiscal year and slightly below the revenue estimates.
 BMC said that anticipated revenues for its fourth quarter ended March 31, 1993, would be approximately $65,500,000, with net earnings of between $19 million and $20 million and earnings per share of between $.73 and $.75. In the fourth quarter of fiscal 1992, BMC's revenues were $53,974,000, with net earnings of $14,068,000 and earnings per share of $.54. The company said the anticipated earnings results were consistent with financial analysts' estimates, while anticipated revenues for the quarter were below the consensus analysts' estimates. BMC expects to release audited financial results for fiscal 1993 in early May 1993.
 Max Watson, BMC chairman, president and chief executive officer, said that fourth quarter revenues were impacted by lower than expected international revenues and the delay in closing several anticipated license transactions. Business activity in the fourth quarter reflected a shift to larger license transactions, which in some cases require purchase approval at higher levels and are slower to close. BMC has been successful in controlling expenses and maintaining earnings per share growth in the quarter. BMC will continue to tightly control expenses and is currently reviewing its sales operations, particularly overseas.
 BMC has scheduled a conference call at 9 a.m. CDT on April 8, 1993, for financial analysts and others. Those interested in participating may call 212-346-6380.
 BMC Software, Inc. develops, markets and supports software to facilitate the management and movement of mission-critical data. Headquartered in the Houston suburb of Sugar Land, the company currently offers products around the world for IBM(R)'s, IMS, DB2(R), CICS, VTAM and SNA systems.
 -0- 4/7/93
 /CONTACT: John Cox of BMC Software, Inc., 713-240-8800/
 (BMCS)


CO: BMC Software, Inc. ST: Texas IN: CPR SU:

LD -- NY084 -- 3978 04/07/93 18:50 EDT
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Date:Apr 7, 1993
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