COMPUWARE CP
SymbolCPWR

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Compuware Q2 Earnings Per Share Surge 50 Percent Year-Over-Year to 12 Cents

2009-10-22 16:22 ET - News Release



 * Income from operations grows 52 percent from Q2 last year to $41.4M

 * Software license fees reach $50.1M in Q2

 * Market leadership drives year-over-year Vantage and Mainframe
   software license fee increases of 31 and 60 percent, respectively

 * Professional services margins nearly triple from year-ago period
   to 11 percent

DETROIT, Oct. 22, 2009 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq:CPWR) today announced final financial results for its second quarter ended September 30, 2009.

"Compuware delivered strong operational results this quarter, positioning the business now -- more than ever -- for long-term growth in revenue and continued improvement in margins," said Compuware President and Chief Operating Officer Bob Paul. "With Vantage and our definitive agreement to acquire Gomez creating an unmatched ability to optimize application performance across the Enterprise and the Internet, with market-leading Mainframe Solutions and with future game-changers like Covisint, Compuware has structured its business to solve our customers' most significant business and technology problems today and in the years to come."

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