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Article Excerpt
Unica Corporation (Nasdaq: UNCA), a leading global provider of enterprise marketing management (EMM) solutions, announced financial results for its second quarter fiscal 2009 ended March 31, 2009.
For the second quarter fiscal 2009, the company reported total revenue of $23.3 million, consistent with the company's preliminary results. This represents a decrease of 24% compared with the second quarter of fiscal 2008. Subscription revenue was $4.4 million, an increase of 45%, perpetual license revenue was $4.2 million, a decrease of 64%, maintenance revenue on perpetual licenses was $10.8 million, an increase of 1%, and services revenue was $3.8 million, a decrease of 29%, each compared to the second quarter fiscal 2008.
"While our business related to perpetual software licenses continues to face strong economic- related headwinds, our subscription-based offerings are experiencing solid demand levels and growth. During the second quarter, we also closed several sizeable transactions on a subscription basis even though our solutions are being deployed on-premise," stated Yuchun Lee, chief executive officer of Unica Corporation. "We believe the EMM market will experience...
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