Macromedia Reports Fourth Quarter and Fiscal Year 2003 Results

Macromedia, Inc. (Nasdaq: MACR) today announced its fourth quarter and fiscal year 2003 financial results. Net revenues for the three months ended March 31, 2003 were $83.6 million, compared with net revenues of $76.3 million reported for the comparable period a year ago. Net income for the three months ended March 31, 2003 was $6.9 million, or $0.11 per diluted share, compared to a net loss of $83.4 million, or $1.42 per share, for the comparable quarter a year ago. Pro forma net income for the three months ended March 31, 2003 was $8.3 million, or $0.13 per diluted share, compared to a pro forma net loss of $6.1 million, or $0.10 per share, for the comparable quarter a year ago.

You can read the entire press release here.

We also have created a Breeze presentation explaining the results which you can view here.