(Bloomberg) -- BMC Software Inc., a maker of programs that help companies update servers and personal computers, fell after forecasting fiscal 2013 profit that missed analysts’ estimates, a sign it’s struggling to clinch big contracts.

Shares declined as much as 9.5 percent to $40.26 in late trading after the company said in a statement yesterday that profit excluding some items will be $3.35 to $3.45 a share for fiscal 2013, which ends in March. The Houston-based company had previously forecast $3.49 to $3.59. Analysts had anticipated $3.56 on average, according to data compiled by Bloomberg.

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