Wednesday, March 13, 2013

CA FY Q2 Tops Views; Shrs Up

CA Technologies (CA) this afternoon reported results for its fiscal Q2 ended September 30 that topped Street estimates. For the quarter, the company posted revenue of $1.11 billion and non-GAAP EPS from continuing operations of 49 cents a share, ahead of the Street at $1.10 billion and 47 cents.

The company continues to see revenue for its March 2011 fiscal year up 3%-5%, with non-GAAP EPS of $1.85 to $1.97 a share, about in line with the Street at $1.90.

CA in late trading is up 74 cents, or 3.4%, to $22.50.

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