On what could be its penultimate filing before joining Adobe, Macromedia has reported its fiscal 2006 second quarter.

The quarter, which ended September 30, 2005, returned the highest revenue and earnings in its history. Net revenues for the quarter were $127.9 million, an 18 per cent increase compared to the $107.9 million reported for the same period last year.

By US standards - the Generally Accepted Accounting Principles (GAAP) - Macromedia's net income for the quarter was $20.3 million, compared to $14.5 million for the same quarter a year ago.

Non-GAAP net income for the fiscal second quarter was $24.9 million, compared to $15.8 million in the year-ago quarter.

"With the advancement of rich Internet application development, new mobile adoption on the Flash Platform, and the launch of Studio 8, this has been an outstanding quarter," said Stephen Elop, Macromedia's CEO.

"We are in the middle of one of the most profound changes in our industry. Developers and consumers alike continue to embrace the concept that great digital experiences matter, demonstrated by the more-than 100 million people who have already downloaded Flash Player 8."

For the quarter ending December 31, 2005, Macromedia expects net revenues to be in the range of $130 to $140 million, with gross margins in the 90 to 92 per cent range and an operating profit margin between 20 and 23 per cent, excluding certain merger-related costs.