Macromedia has announced its second quarter fiscal year 2002 results. The company noted revenues of $87.1 million, and a pro forma net loss of $3.3 million, or $0.06 per share. That compares to revenues for the same quarter a year ago of $98.0 million and a pro forma net income of $19.4 million, or $0.34 per share.
At the halfway mark for Macromedia’s fiscal year, the company noted revenues totaling $175.8 million, compared to $188.4 million for the same period last year. Pro forma net loss so far this year is $12.0 million, compared with a net income last year of $38.3 million.
Macromedia chairman and CEO Rob Burgess talked about the present “tough economic cycle,” and said his company remains excited about the future of the Web. “As the Web continues to evolve and grow, Macromedia is well positioned to take it to the next level,” said Burgess.
Macromedia is anticipating third quarter revenues to be flat to down 10 percent. The company indicated that it’ll continue to reduce costs and that it still hopes to return to profitability this fiscal year.