made a profit of US$6.7 million, or 10 cents per share, for its first quarter of fiscal year 2004 — the three months ending June 30. This compares to a net loss of $2 million, or 3 cents per share, in the time period a year ago.
Net revenues were pretty much flat year-over-year: $83.1 million compared with $84.3 million in the comparable period a year ago. Pro forma net income for the first quarter of fiscal year 2004 was $7.0 million or $0.11 per diluted share, compared to a pro forma net income of $0.1 million or $0.00 per share for the first quarter of fiscal year 2003.
Macromedia Studio MX, the most successful product in Macromedia history, was still selling strong a year after its introduction, said Rob Burgess, Macromedia chairman and CEO . The individual products within the Studio solution also remained “solid,” with Macromedia Dreamweaver MX standing as the company’s largest individual product, he added.