BDM International Inc. reported second-quarter net income of $3.5 million (31 cents a share), up 39 percent from $2.5 million (25 cents) the year before. Revenue grew to $79.8 million from $62 million.
For the six months ended June 30, net income rose 37 percent to $6.4 million (59 cents) from $4.6 million (46 cents). Revenue increased to $150.5 million from $112.8 million.
In April, the McLean, Va., company completed the sale of $1.4 million shares of Class A common stock, resulting in net proceeds of $39.7 million.
BDM provides professional and technical services in areas including national defense and security, communications, energy, space, informations systems and manufacturing.Software AG of North America Inc. reported profits of $8.5 million ($1.45) for the fiscal year ended May 31, up 67 percent from $5.1 million (86 cents) the year before. Revenue grew to $65.8 million from $52.3 million.
The Reston company said its fourth-quarter net income rose 92 percent to $1.9 million (33 cents) from $990,000 the year before. Revenue increased to $18.7 million from $14.1 million.
The firm develops advanced information systems software products, specializing in application development and database management.