Extract
Deltek Reports Q2 License Revenue of $14.5 million.
GAAP Earnings per Share $0.04
Non-GAAP Earnings per Share $0.10 Deltek Completes Tender Offer to Acquire Maconomy HERNDON, Va. -- Deltek, Inc. (Nasdaq: PROJ), the leading provider of enterprise applications software and solutions for project-focused businesses, today announced financial results for its second quarter ended June 30, 2010.Q2 license revenue was $14.5 million, compared with $15.8 million in the second quarter of 2009. Maintenance and support revenue in the second quarter was $32.7 million, compared with $31.0 million in the prior year. Consulting services revenue for Q2 was $13.5 million, compared to $19.2 million in Q2 2009. Total revenue for the second quarter of 2010 was $64.5 million, compared with $69.4 million in Q2 2009.GAAP operating income was $7.0 million in Q2 2010, including the impact of $1.9 million of costs associated with the recently completed acquisition of Maconomy, compared with $9.3 million in the prior year. Non-GAAP operating income for the second quarter, which excludes acquisition-related costs, was $12.7 million compared with $13.8 million in Q2 2009.Q2 GAAP operating income margin was 10.9%, compared with 13.4% in Q2 2009. GAAP operating income margin also includes Maconomy acquisition-related costs, which reduced the margin percentage by 3.0 percentage points. Non-GAAP operat...See the full content of this document
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