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BEA Systems


beat the Wall Street consensus estimate by a penny and easily surpassed the revenue projection for the third quarter ended Oct. 31.

The integration software maker earned 7 cents a share, excluding certain items, on $224 million in revenue. Analysts were expecting the company to earn 6 cents a share on revenue of $207.9 million, according to

First Call/Thomson Financial


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In advance of the earnings announcement, which came after the close of regular trading, BEA's stock climbed $7.94, or 13%, to $70.94. In after-hours trading, BEA's stock was at $71.25, according to



Of its $224 million in revenue, $128.2 million came from software license fees, a 23% increase over the $104.2 million in license fees that the company booked just a quarter earlier.

Cash flow from operations increased to $81.7 million from $39.8 million a quarter earlier and $27.4 million a year ago.

"BEA's performance is now benefiting form the network effect. The value of our platform is enhanced by the rich array of solutions offered by our system integrator and packaged application partners, as well as the adoptions by thousands of customers and more than 100,000 developers," Bill Coleman, BEA's founder and CEO, said in a statement. "BEA is becoming a part of the de facto standard infrastructure stack for the Web."

BEA's software, which is commonly referred to as "middleware," lets older computer systems talk to more modern, Internet-based systems, giving businesses the ability to perform transactions over the Web without having to pay for expensive upgrades to older technology.